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bonufazy [111]
2 years ago
10

During August, the Filtering Department of Speedwell, Inc. Had a beginning Work-IN Process Inventory balance of 160 units with c

osts of $ 60,000. During the month, it started and completed 290 units. It had 30 units in the ending Work-in Process Inventory. What is the number of equivalent units of production for transferred in units in the Filtering Department in August under the first-IN, first-out (FIFO) method?
Business
1 answer:
Veseljchak [2.6K]2 years ago
8 0

Answer: 320 units

Explanation:

The equivalent units of production for transferred in units in the Filtering Department in August under the first-in, first-out (FIFO) method goes thus:

Total units completed= 160 units + 290 units = 450 units

Beginning WIP = 160 units

Ending WIP = 30 units

Equivalent units of production:

= 450 + 30 - 160

= 480 - 160

= 320 units

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The free enterprise system is a type of economy that:
neonofarm [45]

Answer:

B. allows businesses to operate without much government

interference.

Explanation:

The free enterprise system is an economic model where government participation is minimal. The private sector owns the majority of factors of production. The laws of supply and demand determine market prices, the type, quality, and quantity of goods to be availed for sale.

The government's role is mainly regulatory. Buyers and sellers have the freedom to choose what to sell or buy. Profits are a big motivation to do business under the free enterprise system.

3 0
3 years ago
In the week about to begin, a bank expects $30 million in incoming deposits, $20 million in deposit withdrawals, $15 million in
Natasha2012 [34]

Answer:

The answer is E. $15 million

Explanation:

We have the bank's net liquidity position is equal to its Cash inflow - Cash outflow.

Cash inflow = incoming deposits + revenues from the sale of nondeposit services + customer loan repayments + sale of bank assets + money market borrowings= 30 million + 15 million + 25 million + 5million + 45 million = $120 million

Cash outflow =  deposit withdrawals + acceptable loan requests + repayments of bank borrowings + cash outflows to cover other operating expenses + dividend payments to its stockholders = 20 million + 60 million + 10 million + 5 million + 10 million = $105 million

So, net liquidity position is:  120 million - 105 million = $15 million.

So, the answer is E. $15 million.

5 0
2 years ago
In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company
IrinaVladis [17]

Answer:

2) Matching

Explanation:

The matching principle refers to that principle at which the revenues that are recognized in the particular year should be matched with the expenses that are incurred in that particular year

According to the given scenario, it talks about the matching principle at which the expenses are to be reported when the related revenue is recognized

Therefore, it follows the matching principle.

6 0
3 years ago
ethan needs to assign his team members the following tasks. one of the team members, gail, is an extrovert. which task is most a
Nastasia [14]

Moderating a team meeting to discuss how well the last development cycle went is the task that should be assigned to Gail. Thus, option D is correct.

<h3>Who is an extrovert?</h3>

An extrovert is a type of personality in which people are usually outgoing and easy to talk also friendly with each other. They do not think about any consequences also they just go for the task which is there.

Moderating our team meeting would require a Gail to coordinate with various staff and departments, which would mean that he has to have experience in talking to different people. So the manager Ethan should assign this task to Gail. Therefore, option D is the correct option.

Learn more about extroverts, here

brainly.com/question/1524586

#SPJ4

The question is incomplete, the complete question will be:

independently analyzing the latest market research report

writing an explanation of a new product for senior management

checking the proofs of sales brochures for accuracy before they are printed

moderating a team meeting to discuss how well the last development cycle went

preparing a list of questions to discuss at the next team meeting

8 0
1 year ago
Westbank Real Estate, Inc. owns 10 acres of forested land. Westbank wants the land cleared in order to build houses. Westbank em
gizmo_the_mogwai [7]

Answer:

Answer 1  

Yes, all the electronic forms of the transcribed agreement will be measured underneath the act of deceptions. These kinds of agreements are assumed comparable significance as in the circumstance of contract inscribed on the paper.

Answer 2

It “does” fulfill the obligation. As per the law of deceptions, all the electronic contract will be named corresponding to the inscribed agreements .

Answer 3  

Land is considered as the “real property” beside with all the possessions involved openly to it.

Answer 4  

“All” physical objects

However, land contain all the additional possessions involved to the land openly .

6 0
3 years ago
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