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marin [14]
3 years ago
13

Which of the following statements is true of conversion​ costs? A. The conversion cost needed for a completed unit and the conve

rsion cost in a partially completed unit can be measured accurately. B. If conversion costs are added evenly during the assembly we can conclude that there are more than one​ indirect-cost category. C. The calculation of equivalent units is relatively easy for the textile industry. D. Estimating the degree of completion is usually easier for direct material costs than for conversion costs.
Business
1 answer:
Dvinal [7]3 years ago
4 0

Answer:

D. Estimating the degree of completion is usually easier for direct material costs than for conversion costs.

Explanation:

"Conversion cost" is a term that is used in accounting. This refers to the production cost of the manufacturer, other than the direct material's cost. This is calculated by adding the direct labor's costs and the manufacturing overhead costs. The answer will then be divided by the total number of products produced within the day.

On the contrary, the "direct material cost" refers to the cost of the raw materials that were used in order to produce the product. <u>Since the raw materials can be easily identified, it then makes it easier to estimate the degree of completion compared to that of the conversion cost.</u>

So, this explains the answer.

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Sliva [168]

Answer: B. Fundamental weighting.

Explanation:

A fundamentally weighted index refers to a type of equity index whereby the components that are chosen based on the fundamental criteria like the dividend rates, book value, revenue, dividend rates, etc.

Fundamental weighting is the index weighting which results in portfolio weights shifting away from securities that have increased in relative value toward securities that have fallen in relative value whenever the portfolio is rebalanced.

3 0
3 years ago
What is the oldest retailer still operating in the u.S.?
Tom [10]

Answer:

Brook brothers is the oldest that is still doing business today

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g At the beginning of the month, the Forming Department of Martin Manufacturing had 22,000 units in inventory, 30% complete as t
Liula [17]

Answer:

62,000 units

Explanation:

Calculation to determine how many units did the Forming Department start and complete in the current month

Total units completed and transferred 84,000 units

Less Inventory at the beginning of this month 22,000 units

Units Forming Department started and completed in the current month 62,000 units

(84,000 units-22,000 units)

Therefore The number of units that the Forming Department started and completed in the current month is 62,000 units

7 0
3 years ago
Suppose that in the rice market demand shifts due to a new rice diet that is being marketed in the U.S. as a cure for cancer. Si
Soloha48 [4]

Answer:

The equilibrium price will increase

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At this point there is no excess demand or supply, they are both equal.

I'm the given scenario the new rice diet that is being marketed in the U.S. as a cure for cancer will lead to increase in demand for rice.

While a flood that affects the rice crop in California will reduce the ability of suppliers to supply. Leading to reduced quantities supplied to the market.

This results in increased prices for the now scarce rice in the economy

It is illustrated in the attached diagram where price increases from P1 to P2.

The new equilibrium quantity is Q1

8 0
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Luis regularly reminds his team members of the purpose of their work and why they are important to the organization. he also reg
Akimi4 [234]

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Transformational leadership style.

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Transformational leadership creates positive change in the people and environment being led, and seeks to empower followers to better themselves and ultimately become leaders too.

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