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
Ahat [919]
3 years ago
7

The jones corporation uses a process system. during the current​ period, 2,500 units were started and​ 1,100 units were complete

d and transferred out. ending units were​ 60% complete for materials and​ 45% complete for conversion costs. direct materials costs added were​ $35,405 and conversion costs added were​ $32,870. there was no beginning wip inventory and conversion costs are added evenly throughout the process. at the end of the​ period, the total equivalent units for direct materials are
Business
1 answer:
Anuta_ua [19.1K]3 years ago
7 0

In order to find total equivalent units lets understand the term equivalent units. Equivalent units refer to units which have been processed fully, these units will also include the beginning and ending balance of Work in process inventory. In the given problem there is not beginning balance WIP, thus we shall first calculate total no of units that have been completely processed as below:

Units completely processed= Total Units put in-Ending Inventory

=2500-1100

=1400units

Thus Units completed will be 1400 units for both Materials and conversion cost.

We now find equivalent units completely processed for Materials in the ending invnetory.

Ending Inventory=1100 units, Since 60% of it is completed with respect to materials, the equivalent units= 660 units

Thus total equivent units for direct materials= 1400 units+660units

=2060units.

You might be interested in
Boris, Inc. sells a single product for $900 per unit, including a 90-day warranty against defects. It is estimated that 3% of th
Dimas [21]

Answer:

the  amount that added to estimated liability is $1,330

Explanation:

The computation of the amount that added to estimated liability is as follows

= 800 units sold × 3% defective - five defective units

= 24 units - 5 units

= 19 units

Now the amount that should be added is

= 19 units × $70 per unit

= $1,330

Hence, the  amount that added to estimated liability is $1,330

The same is to be considered

7 0
3 years ago
1.The percentage of the labor force that belongs to a union is known as the
Helen [10]
1) The percentage of the labor force that belongs to a union is known as the UNIONIZED PERCENTAGE RATIO.

2) The equilibrium wage rate is determined by the point of intersection of labor market supply and labor market demand. Equilibrium wage is the wage where the company agrees to pay and the worker agrees as the value of his work.

3) The effect of union exclusion of nonunion workers is to lower the wages of nonunion workers.

4) A market with one buyer and one seller is a bilateral monopoly. Monopoly is a market with only one seller. Monopsony is a market with only one buyer.
4 0
3 years ago
In the classical approaches to management, proponents of the __________ approach argued that managers should stress primarily em
bogdanovich [222]

It should be noted that In the classical approaches to management, proponents of the Human Relations  approach argued that managers should stress primarily employee welfare, motivation, and communication.

<h3>What is Human Relations management?</h3>

Human Relations management theory  can be regarded as premise of organizational psychology which explains that an employer can employee productivity and motivation by positive social bonds.

Therefore, Human Relations support managers to be stressing primarily employee welfare and motivation.

Learn more about Human Relations  at;

brainly.com/question/1657284

7 0
2 years ago
Sandy Shores Corporation operates two stores: J and K. The following information relates to J: Sales revenue$1,300,000 Variable
natulia [17]

Answer:

Sandy Shores Corporation

J's Segment Contribution Margin is:

= $700,000.

Explanation:

a) Data and Calculations:

Sales revenue                                        $1,300,000

Variable operating expenses                    600,000

Contribution                                             $700,000

Fixed expenses:

Traceable to J and controllable by J        275,000

Traceable to J and controllable by others 80,000

Total fixed expenses                                355,000

Net operating income                            $345,000

b) The contribution margin is the difference between total sales revenue and the variable costs.  The idea of segment contribution margin is that it covers the fixed expenses, whether controllable by the segment or not.

5 0
2 years ago
Which financial leverage ratio is used with two other ratios to mathematically produce the return on equity ratio?
ipn [44]

Answer: c. Total Assets/ Equity

Explanation:

To measure the Return on Equity with 3 ratios, the <em>DuPont Analysis</em> can be used. This is a technique of deconstructing the Return on Equity ratio into various constituent ratios so that their effect on Return on Equity is better know.

The basic DuPont Analysis is;

Return on Equity = \frac{Net Income}{Revenue} * \frac{Sales}{Total Assets}  * \frac{Total Assets}{Equity}

Total Assets/ Equity or the Assets to Shareholder Equity ratio is the answer.

5 0
2 years ago
Other questions:
  • Employees who flourish report less stress and more organizational commitment and job satisfaction. they perform better, and are
    7·1 answer
  • Ana is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Ana
    15·1 answer
  • Suppose Congress passes legislation that offers subsidies to orange farmers. The impact on the market for orange juice will be a
    5·1 answer
  • The benefits a worker receives from an employer typically include
    6·1 answer
  • 1. Compound interest is:
    15·1 answer
  • Janitor supply produces an industrial cleaning powder that requires 40 grams of material at $0.10 per gram and .25 direct labor
    10·1 answer
  • Pelzer Printing Inc. has bonds outstanding with 9 years left to maturity. The bonds have a 8% annual coupon rate and were issued
    11·1 answer
  • Why are companies required to perform payroll withholding?
    5·2 answers
  • The primary weakness of EBITminusEPS analysis is that
    11·1 answer
  • Tips for Successful LinkedIn Prospecting?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!