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inysia [295]
3 years ago
7

Aron Company has a process costing system. All materials are introduced when conversion costs reach 50 percent. The following in

formation is available for physical units during March
Work in process, March 1 (60% complete as to conversion costs) 150,000Units started in March 600,000Units transferred to Finishing Department in March 630,000Work in process, March 31 (40% complete as to conversion costs) 120,000Compute the equivalent units for materials costs and for conversion costs using the weighted-average method.
Business
1 answer:
Natasha2012 [34]3 years ago
8 0

Answer:

630,000 units and 678,000 units

Explanation:

The computation of the equivalent units for material cost and for conversion cost is shown below:

For material cost

= Units transferred × completion percentage + ending work in process units × completion percentage

= 630,000 units × 100% + 120,000 units × 0%

= 630,000 units + 0 units

= 630,000 units

For conversion cost

= Units transferred × completion percentage + ending work in process units × completion percentage

= 630,000 units × 100% + 120,000 units × 40%

= 630,000 units + 48,000 units

= 678,000 units

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Jasmine is the director of marketing for a chain of clothing stores. She's been given a set budget and needs to drive as many po
klio [65]

Answer:

Strategy she should use is "Maximize Clicks"

Explanation:

Jasmine should use Maximize clicks automated bidding strategy as to drive her clients to her website so that maximum people can visit her website in a set budget and choose her clothing products.

3 0
3 years ago
Arthur sells $100 worth of cotton to Bob. Bob turns the cotton into cloth, which he sells to Camille for $300. Camille uses the
kow [346]

Answer:

$1200

Explanation:

Gross Domestic Product (GDP) is the total market value of all of the final goods and services produced in a country over a particular period of time.

The contribution to GDP can be determined by adding the value created by each of the economic agents involved in the creation of the final goods and services

Arthur = 100 = 100

Bob = 300 - 100 = 200

Camille = 700 -300 = 400

Donita = 1200 - 700 = 500

Total Value 100 +200 +400 +500 = $1200.

You will observe that it is the same as the value of the final good i.e dress. In the production process, other goods involved are referred as intermediate goods

8 0
3 years ago
Stoneheart Group is expected to pay a dividend of $3.27 next year. The company's dividend growth rate is expected to be 3.4 perc
shepuryov [24]

Answer:

The stock price is $37.16

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Formula to calculate the value of stock

Price = Dividend / ( Rate or return - growth rate )

Price = $3.27 / ( 12.2% - 3.4% )

Price = $3.27 / 12.2% - 3.4%

Price = $3.27 / 8.8%

Price = $37.16

7 0
3 years ago
Define the business cycle.
Tpy6a [65]
<span>a cycle or series of cycles of economic expansion and contraction.</span>
6 0
3 years ago
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An institutional customer says the following to his broker: "Buy 100,000 shares of ABC stock whenever you think the time is best
Furkat [3]

" The order can be accepted as given, and can be executed at the discretion of the brokerage firm at any time or day " is TRUE about the handling of this order.

Explanation:

In this case "Discretion" applies to free trading when a broker conducts business in an user's account without any of the customer being contacted first.

It typically means that the broker will determine how many stock, commitments or other securities to purchase or sell, at what cost, without customer input.

For example, a consumer might approve only blue-chip investments. If an investor prefers socially responsible investments, the broker may not bet in stocks or under-funded businesses. The investor can advise the broker, but allow the broker to spend as the broker sees fit, to preserve a certain stock to bond ratio. A broker handling a discretionary account shall follow (if applicable) the customer's explicit orders and limitations.

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3 years ago
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