1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lawyer [7]
3 years ago
8

In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalen

t unit costs $8.00 for direct materials, what is the value of materials transferred out?
Business
1 answer:
Zigmanuir [339]3 years ago
8 0

Answer:

The value of materials transferred out is $224,000

Explanation:

The condition for the units for transferred is that they must have been completed 100% with respect to equivalent unit cost,hence the materials transferred out should be valued at full $8.00 per direct material.

The value of materials transferred out=28,000*$8.00

                                                              =$224,000

The value of WIP=$8.00*85%*14,400

                           =$97,920

The closing WIP of $97920  would be the beginning inventory in production next period an would ultimately form part of materials completed and transferred next period.

You might be interested in
What should a manager ideally do after implementing a solution to a given work-related problem?
lions [1.4K]
After implementing a solution to a given work-related problem, the manager should EVALUATE THE OUTCOME OF THE SOLUTION.
The evaluation of the chosen solution is very important, it is needed to determine whether the solution chosen effectively take care of the problem or not. The evaluation process examines the effectiveness of the solution. <span />
7 0
3 years ago
Read 2 more answers
Business what kind education do you need
stich3 [128]
Basic or elementary business education
3 0
3 years ago
I have a resturant which is famous for hydrabdi biryani but the ingredients are not avilable in the resturant suddenly if the gu
liraira [26]
You could say to the customer “sorry there is none available at the moment” and for them to come back and not be disappointed you can give them a discount voucher , therefore minimising the chance of that customer not returning.
3 0
3 years ago
Read 2 more answers
carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materia
erica [24]

Answer:i dont answer

Explanation:alot of sbhbb b cn n ncn nc nccnx n c zcx nzv zxcv zcv cvzcv zxcbzv CVzxv z xcvzxcv xczv zcvzxcv zxcvzxcv zxcv xzcv zxcvzxcv zcvz cvxcvzxcv zcvxzcv zxvczxcv zx v v v v v zxc v zxcv zc xv zxcv zxcvzxcv zxc zxcv zcv zxcvz xv zxv xc vxcnvcnxv xz v nvn cx cx c xc xc x xvn.

b nnn nn

6 0
3 years ago
Which government agency has the authority to ban or seize potentially harmful products and set severe penalties for violation of
Natali5045456 [20]
Answer: (a) FOOD AND DRUG ADMINISTRATION (FDA)

Food and Drug Administration (FDA) is a federal agency of the USA that protects and promotes public health. It also looks over food safety, drug safety, etc. various laws are included in FDA such as Public Health Service Act, Federal Anti-Tampering Act, etc.
4 0
3 years ago
Other questions:
  • 6. A driver needs more time to cross an intersection than he does to turn
    10·2 answers
  • Which of the following statements indicates a disadvantage of using the regular, or conventional, payback period for capital bud
    8·1 answer
  • QS 20-26A Merchandising: Cash payments for merchandise LO P4 Garda purchased $610,000 of merchandise in August and expects to pu
    15·2 answers
  • When Heavenly Cookies prices its sugar cookies at $1.00, they sell 75 cookies. They lowered the price to $0.50 and sold 200 cook
    6·1 answer
  • For each level of output, calculate the variable cost (VC). For each level of output except zero output, calculate the average v
    11·1 answer
  • The following financial information was taken from the books of Zone Health Club, a small spa and fitness club: Account Balances
    10·1 answer
  • The model of competitive markets relies on these three core assumptions:
    7·1 answer
  • As a CEO, Olivia tries to empower lower-level managers to have some decision-making authority and encourage values and norms tha
    7·1 answer
  • A market structure where only two business dominate the market​
    8·2 answers
  • Content area job order costing and process costing are
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!