Answer:
57,900 units
Explanation:
For computing the equivalent units for conversion costs , first we have to compute the transferred units which is shown below:
= Beginning work in process inventory units + additional units - ending work in process inventory units
= 3,400 units + 64,500 units - 25,000 units
= 42,900 units
Now the equivalent units for conversion costs equal to
= Transferred units × percentage of completion + ending work in process inventory units × percentage of completion
= 42,900 units × 100% + 25,000 units ×60%
= 42,900 units + 15,000 units
= 57,900 units
Answer:
b. abandon the production of airplane tires to fully specialize in the production of race car tires and then trade with Company Z for airplane tires.
Explanation:
Company X has a comparative advantage at producing race car tires
Company Z has a comparative advantage at producing airplane tires.
A country (company) has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries (companies).
A company should specialise only in the production of the good for which it has a comparative advantage.
Company X should specialise in producing race car tires and stop producing airplane tires
Company Z should specialise in producing airplane tires and stop producing race car tires
Productivity, hope this helps:)
Answer:
Depression
Explanation:
A long-term period of the economic recession that leads to a low GDP and very high unemployment is a(n) DEPRESSION
Depression is an economic term used to describe a deep tumble in an economy that occurs for a long period of more than six months. Depression lasts for years, and it is characterized by low real GDP and an awfully high level of unemployment.
Hence, in this case, the right answer is Depression.
Answer:
A. $170,900
B. $20,300
C. $ 19,800
Explanation:
A. Accounting Equation ;
Assets = Equity + Liabilities
Therefore Equity = Assets - Liabilities
Total Assets - Caraway Seed Company
Current assets $ 48,800
Net fixed assets $ 248,800
Total Assets $ 297,600
Total Liabilities - Caraway Seed Company
current liabilities $ 28,500
long-term debt $ 98,200
Total $126,700
Equity = $ 297,600 - $126,700 = $170,900
B. Net working capital = Current Assets - Current liabilities
= $ 48,800 - $ 28,500
= $20,300
C. Net working capital = Current Assets - Current liabilities
= $ 48,800 - ( $18,500 + 10,500)
= $ 19,800
