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adoni [48]
3 years ago
9

The Nichols Company uses the weighted-average method in its process costing system. The company recorded 29,500 equivalent units

for conversion costs for November in a particular department. There were 6,000 units in the ending work in process inventory on November 30, 75% complete with respect to conversion costs. The November 1 work in process inventory consisted of 8,000 units, 50% complete with respect to conversion costs. A total of 25,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:
Business
1 answer:
siniylev [52]3 years ago
7 0

Answer:

23,000 units

Explanation:

Beginning WIP inventory + Units started into production = Ending WIP inventory + Units completed and transferred out

Units started into production = Ending WIP inventory + Units completed and transferred out - Beginning WIP inventory

= 6,000 + 25,000 - 8,000 = 23,000

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The Muffin House produces and sells a variety of muffins. The selling price per dozen is $ 18​, variable costs are $ 5 per​ doze
Vlad1618 [11]

Answer:

$7,222

Explanation:

Given that,

Selling price per dozen = $18​

Variable costs = $5 per​ dozen

Total fixed costs = $ 5,200

Contribution margin per dozen:

= Selling price per dozen - Variable costs per dozen

= $18​ - $5

= $13

Contribution margin ratio:

= (Contribution margin ÷ Selling price per dozen) × 100

= ($13 ÷ $18) × 100

= 0.72 × 100

= 72%

Break-even sales in​ dollars:

= Total fixed costs ÷ Contribution margin ratio

= $5,200 ÷ 0.72

= $7,222

6 0
3 years ago
Shane is the project manager of the organizational development team at Solid Hardwoods. Shane's team has been assigned the task
qaws [65]

Answer: Option B

Explanation:  Centralization or centralization  is the mechanism by which an organization's operations, particularly those related to planning and policy-making, framing strategies and regulations, are consolidated within a specific geographic region unit and are handled by some for the individual employees within.

These employees are usually the top managers and executives working in the company and have authority to make decisions that can impact the company as a whole.

Hence from the above we can conclude that the correct option is B.

7 0
3 years ago
Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year:
Dafna11 [192]

Answer:

COGS= $65,100

Explanation:

Giving the following information:

Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year:

Work in Process, January 1 $ 53,800

Work in Process, December 31 38,900

Total Factory overhead 7,400

Direct materials used 14,400

Direct labor used 28,400

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 53,800 + 14,400 + 28,400 + 7,400 - 38,900= 65,100

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= $65,100

4 0
3 years ago
When a government seizes an investment of a foreign investor but some reimbursement for the assets is made, the government follo
Sladkaya [172]

Answer:

(B)  expropriation.

Explanation:

Expropriation is the demonstration of an administration taking exclusive property against the desires of the proprietors, apparently to be utilized for the advantage the general open. In the United States, properties are regularly dispossessed so as to manufacture expressways, railways, air terminals, or other foundation ventures.  

It is the seizure of private property by an open organization for a reason regarded to be in the open intrigue

6 0
3 years ago
You have placed an antique sofa up for auction and the auctioneer has not made any special announcements about the sale. You can
Gre4nikov [31]

Answer:

<h2>The answer in this case would be True.</h2>

Explanation:

  • In this case,the auctioneer has not made any special announcement regarding the sale or especially,has not announced the official conclusion of the sale.
  • Since,the auctioneer hasn't officially signaled the end or conclusion of the sale,it technically implies that the auction or sale of the concerned product or item is still operational and anyone can offer a value to bid for the product or item.
  • Therefore,based on the general rule or regulation of any official public auction,the bidder can officially withdraw his bid and let it pass to other bidders before the final and official conclusion of the sale as per the indication of the auctioneer.
8 0
3 years ago
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