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lara31 [8.8K]
4 years ago
10

When parking parallel, it is best to leave the curbside wheels:?

Business
1 answer:
Mandarinka [93]4 years ago
6 0
When parking parallel, it is best to leave the curbside wheels: <span>6-18 inches from the curb.
This is to give space for door opening and also for safety of the wheels (to avoid any friction that may happen)</span>
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Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to
Drupady [299]

Answer:

Arsenio Company

1. & 2. Equivalent units and cost per equivalent unit:

                                           Material X      Material Y  Conversion

Total equivalent units        100,000           66,000    83,000

Cost per equivalent unit    $2.058              $3.10        $4.00

3. Cost of units transferred out = $604,428

4. Cost of the ending Work-in-Process Inventory = $137,972

Explanation:

a) Data and Calculations:

                                               Units   % completed

August 1: Work-in-Process    27,000    18,900 (70%)

Units started                          73,000

Total units in process          100,000  

August 31: Work-in-Process 34,000    17,000 (50%)

Units completed and

 transferred out    =             66,000

Cost of production:

                                              Material X      Material Y  Conversion  Total

Work-in-process inventory,  $ 52,000      $90,000   $118,940  $260,940

August 1  

Costs added during August  153,800        114,600     213,060      481,460

Total cost for the period    $205,800    $204,600  $332,000  $742,400

Equivalent unit of production

Units completed and

 transferred out (66,000)   66,000 (100%) 66,000      66,000

Ending WIP (34,000)            34,000 (100%)   0               17,000 (50%)

Total equivalent units        100,000              66,000    83,000

Cost per equivalent unit:

Total cost for the period    $205,800    $204,600  $332,000

Total equivalent units         100,000         66,000       83,000

Cost per equivalent unit    $2.058              $3.10        $4.00

Cost assigned to:

Units completed and

 transferred out (66,000) $135,828    $204,600     $264,000  $604,428

Ending WIP                            69,972        0                    68,000      137,972

Total costs assigned       $205,800     $204,600     $332,000  $742,400

6 0
3 years ago
When quantity demanded exceeds quantity supplied at the current market price, the market has a shortage, and market price will l
Alik [6]
True.

However, the question should be clear it is a free market where market forces rule, therefore a shortage will cause some consumers to be willing to pay higher prices and producers will see benefit and revenue, thus producing more and resolving the shortage.
8 0
3 years ago
Assume both Atlantis and Zanadu produce helmets and baseballs. Using equal amounts of resources, Atlantis can produce 100 helmet
jeka57 [31]

Answer:

a) see attached image

b) Atlantis's opportunity cost of producing one helmet = 200 / 100 = 2 baseballs

c and d) Atlantis's opportunity cost of producing one baseball = 100 / 200 = 0.5 helmets

Zanadu's opportunity cost of producing one baseball = 100 / 400 = 0.25 helmets ⇒ Zanadu has a comparative and absolute advantage in the production of baseballs

e) yes, Atlantis would produce 100 helmets, and if it trades 50 to Zanadu, it will get 150 baseballs in return. So it will gain from trade. If Zanadu produces 400 baseballs and trades 150 of them for 50 helmets, it will also benefit.

Explanation:

3 0
3 years ago
With the prevalence of internet capable devices, it has been said that this is the most connected generation in the world. Give
erica [24]
A positive impact of technology is, learning things on the internet, for exapmle:This app. A negative impact on technology is staying on a device all day and not getting fresh air, or getting fit, even having eye damage from being too close to a screen.
4 0
3 years ago
At the beginning of July, CD City has a balance in inventory of $2,450. The following transactions occur during the month of Jul
denpristay [2]

Answer:

CD City

a. Journal Entries, using perpetual inventory system:

July 3:

Debit Inventory $1,350

Credit Accounts Payable (Wholesale Music) $1,350

To record purchase of CDs on account, terms, 2/10, n/30.

July 4:

Debit Freight-in $110

Credit Cash $110

To record cash payment for freight.

July 9:

Debit Accounts Payable (Wholesale Music) $200

Credit Inventory $200

To record return of CDs.

July 11:

Debit Accounts Payable (Wholesale Music) $1,150

Credit Cash Discount $23

Credit Cash $1,127

To record full settlement on account.

July 12:

Debit Accounts Receivable $3,900

Credit Sales $3,900

To record sales of CDs on account.

Debit Cost of Goods Sold $2,050

Credit Inventory $2,050

To record the cost of sales.

July 15:

Debit Cash $3,900

Credit Accounts Receivable $3,900

To record cash receipt from customers.

July 18:

Debit Inventory $2,150

Credit Accounts Payable (Music Supply) $2,150

To record purchase of CDs on account, terms, 2/10, n/30.

July 22:

Debit Cash $3,250

Credit Sales $3,250

To record cash sales.

Debit Cost of Goods Sold $1,550

Credit Inventory $1,550

To record cost of sales.

July 28:

Debit Accounts Payable (Music Supply) $110

Credit Inventory $110

To record return of CDs.

July 30:

Debit Accounts Payable (Music Supply) $2,040

Credit Cash $2,040

To record full settlement.

b. Top Section of Multiple-step Income Statement for the month of July:

Sales                              $7,150

Cost of Goods Sold = ($3,600)

Gross Profit             = $3,550

Explanation:

a) Sales

July 12 =  $3,900

July 22 = $3,250

Total $7,150

b) Inventory

Beginning Balance = $2,450

July 3 purchase    =      1,350

July 9 return         =       -200

July 12 cost of sales  -2,050

July 18 purchase   =     2,150

July 22 cost of sales  -1,550

July 28 return       =        -110

Ending Balance    =  $2,040

c) Cost of Goods Sold

July 12 cost of sales  $2,050

July 22 cost of sales    1,550

Total  $3,600

8 0
3 years ago
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