If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is (D) $34.60.
<h3>
What is weighted-average costing?</h3>
- To apply the weighted average methodology, divide the cost of the commodities on the market by the number of units still on the shelf.
- This calculation results in the weighted average cost per unit, which can subsequently be used to allocate a cost to both ending inventory and the cost of goods sold.
- When you wish to give some numbers in a dataset more weight than others, you should use a weighted average.
- This is beneficial in situations where a single event might have several positive or bad outcomes, but the scale of the positive or negative outcomes varies.
Weighted average cost per unit formula = divide the total purchase price by the number of units available for sale
∴ $3,650 + $5,000 / 250 = $34.60
Therefore, if there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is (D) $34.60.
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Complete question:
Canners Company uses weighted-average costing. Beginning work in process inventory had $3,650 of material costs. During the period, $5,000 of materials and $9,250 in conversion costs were added. If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is ______. Multiple choice question.
(A) $71.60
(B) $20.00
(C) $57.00
(D) $34.60
The external customer base of the fire and emergency service organization include members of the public.
<h3>Who are the external customer base?</h3>
An external customer base is made up of customers of a business that are not within the organisation and do not have access to non-public information.
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Answer:
Yes,
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Answer:
$255308.94 is the amount generated after 90 days
Explanation:
Coveered interest arbitrage
Convert dollars to pounds at spot rate
250000/1.23 =£203252.0325
Invest this amount at 1.3% (Britain rate) for 90 days
203252.0325 × 1.013 = £205894.3089
Then convert back to dollars at 90 day forward rate
205894.3089 × 1.24 = $255308.94
Answer:
Results are below.
Explanation:
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 4,290,000 / (650 - 455)
Break-even point in units= 22,000
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<u>Now, if the selling price is $655, the break-even point in dollars is:</u>
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 4,290,000 / [(655 - 455) / 655]
Break-even point (dollars)= $14,049,750
