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
Thepotemich [5.8K]
3 years ago
12

Forte Co., had 3,000 units of work in process on April 1 that were 60% complete. During April, 11,000 units were started and as

of April 30, 4,000 units that were 40% complete remained in production. How many units were completed during April?
a. 12,200.
b. 10,000.
c. None of the answers is correct.
d. 9,800.
e. 11,000.
Business
1 answer:
Semmy [17]3 years ago
4 0

Answer:

b. 10,000.

Explanation:

The number of units completed in April is given by the number of units on April 1st (3,000) added to the number of units started during April (11,000) minus the number of units still in production on April 30th (4,000):

\begin{array}{ccc}Starting\ n^o\ of\ units&3,000\\Units\ started\ in\ April&11,000\\Units\ not\ completed\ in\ April&(4,000)\\Units\ completed\ in\ April&10,000\end{array}

10,000 units were completed during April.

You might be interested in
Which of the following statements is FALSE?A. The income statement is put together at a specific point in time​ (end of a busine
skelet666 [1.2K]

Answer:

C. Depreciation is a current expense of a cash outflow in the current period.

FALSE depreciation is a deferral expense it do not related t oa cash flow

Explanation:

A. The income statement is put together at a specific point in time​ (end of a business​ quarter, or business​ year) and so the sale could be in one period and the cash received in another period.

CORRECT income statement end at a certain date and include transaction under accrual accounting which doesn't relate to cash disbursements or collection

B. The income statement contains the set of expenses associated with the products or services sold during the current operating​ period, with those expenses not associated with current cash flow labeled as nonminuscash expense items

CORRECT It works with accrual accounting

D. Companies depreciate fixed assets​ (such as office​ furniture, equipment,​ machinery, and​ buildings) over an assigned time​ period, but the initial cash outlay for the fixed asset typically occurs at the time the asset is acquired by the firm.

CORRECT the cash disbursements occurs at time zero. Then, the accounting distributes this over several period to decrease the impact in the first period

5 0
3 years ago
Gullett Corporation had $37,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona
Vlada [557]

Answer: See explanation

Explanation:

The journal entry to record the purchase of raw materials is analysed below:

November:

Dr Raw materials $86000

Cr Cash or account payable $86000

It should be noted that as the raw material is increasing, the raw material account will be debited while as the cash or account payable I decreasing, it is credited.

8 0
3 years ago
Answer Quick plz<br><br><br>How would you write $25.08 properly on a check?
postnew [5]

Answer:

you should write it just like it says

6 0
3 years ago
The job-specific knowledge you need to perform well in a specialized field, known as _______ skills, appear to be most important
agasfer [191]
The answer is technical skills
5 0
1 year ago
Marcos owns 1,500 shares of ABC stock which he purchased at $44 a share. The stock has been steadily decreasing in value and he
ch4aika [34]

Answer:

Market sell order for 1,500 shares

Explanation:

The type of order that Marcos should place is Market sell order for 1,500 shares because he already owns 1,500 shares of the ABC stock in which the ABC stock shares was purchased at $44 per share.

Since the stock has been decreasing in value in which he wants to cut his losses now because the stock price may continue to decrease, the best thing for him to do is to use the Market sell order for the 1,500 shares in order to cut the losses that may arise and to avoid losing all the Total amount of the shares bought which is $66,000 ( 1,500 shares ×$44).

3 0
3 years ago
Other questions:
  • Is it reasonable to expect that managers can measure their social and environmental performance on the same level as they measur
    6·1 answer
  • Isabella was hit by a car while she was walking on the road and sustained minor injuries. She filed a case against the car drive
    15·1 answer
  • Smith Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate
    15·1 answer
  • Diehl Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following d
    5·1 answer
  • Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets
    14·1 answer
  • Which of the following describe what producers offer as they compete for more customers? higher prices better customer service m
    11·2 answers
  • Crane Company sells 50000 units for $10 a unit. Fixed costs are $350000 and net income is $100000. What should be reported as va
    12·1 answer
  • A. : Anything that serves as a medium of exchange.
    8·1 answer
  • Bearcat Construction begins operations in March and has the following transactions.
    11·1 answer
  • Askew Enterprises produces a product with fixed costs of $200,000 and variable cost of $9 per unit. The company desires to earn
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!