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antoniya [11.8K]
2 years ago
15

In the month of June, a department had 20,000 units in beginning work in process that were 70% complete. During June, 80,000 uni

ts were transferred into production from another department. At the end of June there were 10,000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out of the process in June? Question 1 options: 80,000 units 70,000 units 90,000 units 100,000 units
Business
1 answer:
Mariana [72]2 years ago
3 0

Answer: Option (c) is correct.

Explanation:

Given that,

Beginning work in process = 20,000 units and 70% completed

So, Units transferred = 20,000 × 30%

                                   = 6,000

Direct transferred = 80,000 units

Ending work in process = 10,000 × 40%

                                        = 4,000

Therefore,

Units were transferred out of the process in June:

= Beginning WIP transferred + Direct transferred  + Ending work in process

= 6,000 + 80,000 + 4,000

= 90,000 units

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Naomi is planning to get a job after graduating from college. Which explains why she should establish a positive credit history?
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Answer:

A). She will appear more responsible to future employers.

<u>Multiple choices</u>

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Explanation:

A positive credit score is a result of responsible use of income against the debts incurred. It shows an individual is good at managing their personal finances. A negative credit score paints a bad picture of an individual. It communicates a lack of self-discipline in managing debts.

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Answer:

The total cost recovery for 2017 is $38,838.75 and The total recovery cost for 2018 is $6457.031

Explanation:

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additional first year depreciation = $75,000*50%

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additional MACRS cost recovery = ($75,000 - $37,500)*3.57%

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for 2018, additional first year depreciation is $37,500

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the recovery is computed for 2.5 over 4 quarters of a year

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total recovery cost for 2018 is $6457.031

Therefore, The total cost recovery for 2017 is $38,838.75 and The total recovery cost for 2018 is $6457.031

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Option d. $35.00 is the share price that one should pay for the stock today to get the required return

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