Answer:
D. $2.30
Explanation:
The calculation of the cost per equivalent unit for direct material is given below:
= Total material cost ÷ Equivalent unit of materials
where,
Total material cost is $4,100
And, the equivalent unit of material is
= Units transferred out + ending work in process units
= 1,600 + 180
= 1,780
The units transferred out is come from
= Beginning units + started units - ending units
= 290 units + 1,490 units - 180 units
= 1,600 units
Therefore, the cost per equivalent for direct material is
= $4,100 ÷ 1,780 units
= $2.30
Answer:
turnover ratio = 16.87 %
Explanation:
given data
average daily assets = $2.7 billion
fund sold = $405 million
purchased = $505 million
solution
we get here turnover ratio that is express as
turnover ratio =
................1
put here value and we get turnover ratio
turnover ratio =
turnover ratio = 0.16875
turnover ratio = 16.87 %
The answer to this question is “Broad
Banding”. This is a term used to having extremely wide salary bands.
When a typical salary band has 40% difference in pay between its minimum and
maximum, broad banding can go as much as 100% difference. Due to this, there is
a collapse in demand for vertical promotions since salary grade for one
position is divided into few wide bands. This promotes lateral development of
employees.
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