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AURORKA [14]
3 years ago
12

A company uses the FIFO method for inventory costing. During a period, a production department had 56,000 units in beginning goo

ds in process inventory which were 32% complete; the department completed and transferred 167,000 units. At the end of the period, 14,000 units were in the ending goods in process inventory and are 67% complete.
Compute the number of equivalent units produced by the department.

a. 181,000
b. 158,460
c. 167,000
d. 176,380
e. 111,000

Business
1 answer:
marishachu [46]3 years ago
7 0

Answer:

158460 ( B )

Explanation:

Given data :

production department ; 56000 units

process inventory = 32% = 0.32

completed and transferred units = 167000

ending goods units = 14000,      67% complete = 0.67

attached below is the table representation of the solution

The number of equivalent units produced by the department

= ∑ all the variables listed on the table

= 38080 + 11100 + 9380 = 158460

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Service products cannot generally be produced in ________or __________. Services are typically _________________________________
steposvetlana [31]

Answer:

Service products cannot generally be produced in advance or stored.

Services are typically variable, and in almost every service offering, the service cannot start until the customer arrives and actively participates.

Explanation:

Services have distinguishing characteristics that differentiate them  from goods.

To start with, services cannot be produced in advance as production and consumption happen at the same time.

Also,the customer must be present and actively contributes to the delivery of the service, for instance, haircut cannot happen except the customer comes to the salon and obeys the instructions of the barber as they go along.

Besides,there is no physical substance in service unlike purchase of goods.

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A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the
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Answer:

b. a discount.

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4 0
4 years ago
In December, general motors produced 7,200 customized vans at it's plant in Detroit. The labor productivity at this plant is kno
Anna71 [15]

Answer:

average hours = 200

average hours = 166.67

Explanation:

given data

vans produced = 7,200

labor productivity = 0.10 vans per labor hour

Laborers = 360

to find out

How many hours average laborer work that month and If productivity can be increased to 0.12 then How many hours average laborer work

solution

average laborer work that month is express as

Laborers × average hours × labor productivity = vans produced

put here value

360 × average hours × 0.1 = 7200

so

average hours = 200

and

Laborers × average hours × labor productivity = vans produced

put here increase productivity

360 × average hours × 0.12 = 7200

so average hours = 166.67

5 0
3 years ago
Describe the similarities and differences between TQM and Six Sigma quality-management techniques.
hoa [83]

Answer:

Explained below:

Explanation:

The basic similarity between TQM and Six Sigma quality-management techniques is that each one is a quality control approach and the basic difference between Six Sigma and TQM is the method that each one addresses quality check.TQM determines quality up to that level to which a product attends standards designed inside the company while Six Sigma trades the representation of quality to a relational one, maintaining that quality is based on the fewer number of lacks, which is necessary to be eliminated as much as attainable.

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Which of the following types of promotion includes a two-way conversation?
Nikitich [7]

Answer:

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Explanation:

In personal selling, a sales representative engages the customer on a one-one conversation in an attempt to persuade them to buy a product or service. The sales person makes us of his or her skill, experience, and abilities to convince the buy the goods or services. Personal selling is also known as face-face selling.

Personal selling requires a sale representative to have good interpersonal skills.  The salesperson will point out at the salient features and benefits in a bid to convince the customer that the product will add value to them. The customers seek as much information as they desire and gets the opportunity to negotiate for better prices.

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