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3 years ago

6

Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou

nt will be best for Jorge?

1 answer:

sp2606 [1]3 years ago

7 0

Jorge will need a credit account

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In the month of April, the Forming Department had 500 units in beginning work in process inventory that were 60% complete. These

Mamont248 [21]

Answer:

$2,700,000

Explanation:

since materials are added at the beginning of the process, we must first determine the number of units that started to be produced during April:

finished goods + ending inventory - beginning inventory = 10,000 + 2,000 - 500 = 11,500

the $1,380,000 must be divided by 11,500 units started = $1,380,000 / 11,500 = $120

total materials = [(11,500 - 2,000) x $120] + $60,000 (beginning inventory) = $1,140,000 + $60,000 = $1,200,000

conversion costs are added as the process is carried out so we must determine equivalent units:

beginning work in process: 500 x 60% = 300 equivalent units
10,000 units were completed during April
ending inventory: 2,000 x 25% = 500 equivalent goods

total equivalent units processed = 10,000 + 500 - 300 = 10,200

conversion cost per equivalent unit = $1,530,000 / 10,200 = $150

total conversion costs = [(10,200 - 500) x $150] + $45,000 (beginning inventory) = $1,455,000 + $45,000 = $1,500,000

total cost of finished goods inventory = $1,200,000 + $1,500,000 = $2,700,000

7 0

3 years ago

Why should compensation systems be equitable? How can an organization design an equitable compensation system?

gtnhenbr [62]

Answer:

According to society for human resource management Salary structures are an important component of effective compensation programs and help ensure that pay levels for groups of jobs are competitive externally and equitable internally.

Explanation:

A well-designed salary structure allows management to reward performance and skills development while controlling overall base salary cost by providing a cap on the range paid for particular jobs or locations.

Hope this helps

6 0

3 years ago

When computing diluted earnings per share, how are convertible bonds treated? A. ignored B. assumed converted whether they are d

Trava [24]

Answer: assumed converted only if they are dilutive.

Explanation:

Diluted Earnings per Share is a calculation that is used to determine the quality of the earnings per share if a company when all the convertible securities are taken into consideration.

It should be noted that convertible securities are the outstanding stock options, convertible preferred shares, warrants and convertible debentures. During computation, the convertible bonds will be treated to be assumed converted only if they are dilutive.

8 0

3 years ago

Assume the following information: The cost of a full-page color ad in the U.S. national edition of The Wall Street Journal (news

kozerog [31]

Answer:

The Wall Street Journal

Explanation:

<em>CPM (cost per mille)</em> is an important marketing measure that tells us what is the cost of advertising in media per thousand of impressions. It reflects on the money we are spending on advertising in order to get a thousand people seeing the advert.

The formula for CPM is:

CPM = (cost of the advertising program) / (audience size) * 1000

We have to calculate the CPM for all media respectively. So we have:

$CPM(Wall Street Journal) = \frac{327,892}{1,566,027} * 1000 = 209.38$$

$CPM(USA Today) = \frac{207,720}{1,711,696} * 1000 = 121.35$$

$CPM(Bloomberg) = \frac{148,300}{900,000} * 1000 = 164.78$$

$CPM(Sports Illustrated) = \frac{396,600}{3,000,000} * 1000 = 132.2$$

$CPM(Super Bowl) = \frac{3,800,000}{108,400,000} * 1000 = 35.05$$

So, the Wall Street Journal has the highest CPM.

4 0

3 years ago

During the ________ stage of the product life cycle, product proliferation occurs as competitors attempt to differentiate their

Anton [14]

Answer:

The answer is introduction

Explanation:

During the __introduction______ stage of the product life cycle, product proliferation occurs as competitors attempt to differentiate their company's brand from others.

3 0

3 years ago

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