1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
coldgirl [10]
3 years ago
12

Department M had 2,000 units 40% completed in process at the beginning of June, 12,000 units completed during June, and 1,200 un

its 25% completed at the end of June. What was the number of equivalent units of production for conversion costs for June if the first-in, first-out method is used to cost inventories?
A. 15,200 units
B. 11,200 units
C. 10,000 units
D. 11,500 units
Business
1 answer:
VashaNatasha [74]3 years ago
8 0
Answer is D. 11.500 units
You might be interested in
Forey, Inc. competes against many other firms in a highly competitive industry. Over the last decade, several firms have entered
crimeas [40]

Answer:

The market that characterizes the industry in which Forey competes is a market where competition is at its greatest possible level and it is a perfectly competitive market and the reason is because its returns decrease with the entering of new firms, also four-firm concentration ratio and Herfindahl Hirschman index are both quite small, so no one has significant market power to set or even influence the market price. In the short-run Forey Inc’s profit will decrease as more and more new firms enter the market and in the long-run Forey Inc will receive only normal (zero) economic profit.

4 0
3 years ago
The following transactions occur for the Hamilton Manufacturers.
Radda [10]

Answer:

The answer is stated below:

Explanation:

The accounting equation is as follows:

Assets = Liabilities + Stockholders' Equity

Analyzing the transactions:

1. The service is provided to customer on account, which result in increase in assets and the stockholders' equity

So,

Assets        =   Liabilities        +  Stockholders' equity

+ $4,000    = $0                     +  +$4,000

2. The equipment is purchased by signing a note, which result in increase in liability and also increase in the assets.

So,

Assets        =   Liabilities        +  Stockholders' equity

+ $10,500  =   +$10,500         + $0

3. Paid for the advertising, which result in decrease in cash as well as decrease in the equity of the company.

So,

Assets        =   Liabilities        +  Stockholders' equity

- $1,200    = $0                        +  -$1,200

7 0
3 years ago
Why is a business plan considered a living document?
steposvetlana [31]

Answer:

Explanation:

A Living Document. A business plan is often referred to as a “living document”. This is because a these plans are constantly changing. Whenever new developments in competition, marketing tools, the legal factors which relate to an industry, or others change a business plan must be updated so as to keep relevant.

3 0
3 years ago
Ted is retiring in five years and is thinking of selling the business. Ramon, his general manager, tells him that he, the other
victus00 [196]

Answer:

D) an ESOP.

Explanation:

ESOP is known as employee stock ownership. ESOP IS when employees in a company own shares in that company.

I hope my answer helps you

6 0
3 years ago
Read 2 more answers
Someone who avoids the Sequence Pattern will typically
brilliants [131]
Will typically have a strong-willed learning environment.
7 0
3 years ago
Other questions:
  • The P Ltd acquires all issued capital of the S Ltd for a consideration of $1,000,000 cash and 800,000 shares each
    15·1 answer
  • Adaris has always been drawn to the saying “absence makes the heart grow fonder,” and she decides to incorporate this saying int
    10·1 answer
  • ______ can be defined as the general plan of action that describes resource allocation and other activities for dealing with the
    8·1 answer
  • One of the unexpected drawback of starting your own business is
    12·2 answers
  • Creating an means copying files from a computers hard drive and storing them in a remote location
    5·1 answer
  • In comparing two online e-tailers, Walmart vs. DeepDiscounts, Walmart should be considered the better online business based on b
    8·1 answer
  • Idle Time Gaming, Inc., has reached the point where it needs several million dollars in order to expand and follow its strategic
    10·1 answer
  • Why is it important to study public finance
    8·2 answers
  • g Mark quit his job as a salesman where he made $43,000 per year to start his own t-shirt making business. His business expenses
    13·1 answer
  • Petty Cash Fund Entries Journalize the entries to record the following: Check is issued to establish a petty cash fund of $1,200
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!