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Musya8 [376]
3 years ago
7

Oriole Company's Assembly Department has materials cost at $3 per unit and conversion cost at $7 per unit. There are 30300 units

in ending work in process, all of which are 70% complete as to conversion costs. All materials are added at the beginning of the process. How much are total costs to be assigned to ending inventory?
Business
1 answer:
telo118 [61]3 years ago
4 0

Answer:

$239,370

Explanation:

The computation of the total cost assigned to the ending inventory is shown below:

= Material cost per unit × number of units in ending work in process + Conversion cost per unit × number of units in ending work in process× completion percentage

= $3 × 30,300 units + $7 × 30,300 units × 70%

= $90,900 + $148,470

= $239,370

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Answer:

a non-cooperative game strategy, where participants independently choose their strategy to maximize their payoffs.

Explanation:

From the question, we are informed about Bob, who attended the university football game last week . At the opening​ kickoff, the crowd stood up. Bob therefore had to stand up as well to see the game. In this​ case, Bob was participating in a non-cooperative game of​ strategy, where participants collectively choose their strategy to maximize their joint payoffs. Non-cooperative game strategy can be regarded as the rational ways economic agent relate with each other so that their goals can be achieved. In this game both the available strategies as well as the outcome from various choices will be listed.

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2 years ago
At December 31, 2020, Carter Company had 450,000 shares of common stock issued and outstanding, 350,000 of which had been issued
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Answer:

$3.03

Explanation:

Calculation to determine What should be Twin Rivers' 2020 earnings per common share,

Using this formula

Earnings per common share=

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Let plug in the formula

Earnings per common share=$1,160,000/ [(350,000 x 8/12) + (450,000 × 4/12)]

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Therefore What should be Twin Rivers' 2020 earnings per common share is $3.03

4 0
2 years ago
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KIM [24]

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The U.S. Congress authorized CTSOs.

Explanation:

7 0
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lana66690 [7]

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7 0
3 years ago
Sox Corporation purchased a 30% interest in Hack Corporation for $1,525,000 on January 1, 2021. On November 1, 2021, Hack declar
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Answer:

$1,200,000

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Therefore, the net loss to be recognized in the Income statement is $1,200,000

3 0
2 years ago
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