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
Step2247 [10]
3 years ago
12

The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3

,700 units that are 100% complete as to materials and 29% complete as to conversion costs; units transferred out 9,300 units; and ending work in process 9,100 units that are 100% complete as to materials and 40% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of Novomber.
Business
1 answer:
Citrus2011 [14]3 years ago
7 0

Answer:

(A) 18,400 units

(B) 12,940 units

Explanation:

The computation of the equivalent units of production for

(A) Material =  Units transferred out +  Ending work in process

                   = 9,300 units + 9,100 units

                   = 18,400 units

(B) Conversion  =  Units transferred out +  (Ending work in process × conversion percentage)

= 9,300 units + 9,100 units × 40%

= 9,300 units + 3,640 units

= 12,940 units

You might be interested in
"Keeping track of securities owners for payment of interest or dividends is usually done by the company's"1. Treasure2. Broker3.
Vilka [71]

Answer:

The correct answer is 3

Explanation:

Transfer agent is the one who plays an important or vital role among the investor and the registrar of the company or business. They are those who closely maintain the account balances of the investor and make sure that the shareholders receive the dividends payment in the timely way.

So, the transfer agents of the company, keep or maintain the track of the securities owners for the payment of dividends or interest.

8 0
3 years ago
Suppose a consumer had a budget of $125. The price of Good X is $5 and the price of Good Y is $7.50. Calculate value of the x-in
Fynjy0 [20]

Answer:

The value of the x-intercept of the budget line is 25.

Explanation:

Based on the question, the budget line equation is as follows:

X5 + Y7.5 = 125 ......................... (1)

Where;

X = Unit of commodity X or value of the x-intercept of the budget line

Y = Unit of commodity Y or value of the y-intercept of the budget line

To calculate value of the x-intercept of the budget line, we assume that Y = 0. Substituting Y = 0 into equation (1) and solve for X, we have:

X5 + (0 * 7.5) = 125

X5 = 125

X = 125 / 5

X = 25

Therefore, the value of the x-intercept of the budget line is 25.

7 0
3 years ago
The ________ approach to performance measurement was introduced as a way to evaluate organizational performance from more than j
Maksim231197 [3]

Answer:

c) balanced scorecard

Explanation:

The options for the question we are;

A) market value

B) economic value

C) balanced scorecard

D) financial control

c) balanced scorecard

A balanced scorecard can be regarded as a strategic management performance that is engaged in the improvements as well as identification of internal business functions as well as external outcomes that result from there. It is a tool that helps in returning feedback to an organization. It should be noted that balanced scorecard approach to performance measurement was introduced as a way to evaluate organizational performance from more than just the financial perspective.

6 0
3 years ago
Beginning inventory, January 1 1,450 $ 50 Transactions during the year: a. Purchase, January 30 2,150 62 b. Sale, March 14 ($100
atroni [7]

Answer:

cost of goods sold is $197,800

ending inventory is $55,000

Explanation:

LIFO System is an Inventory Management Method that sells the Recent Inventory Acquired First followed by older Inventory.

<u><em>Cost of Goods Sold</em></u>

March 14 = (1,380×$62) = $85,560

August 31 = (1,130×$80) =  $90,400

                 =  (70×$62)    =   $ 4,340

                 = (350×$50)   =  $ 17,500

Total                                =  $197,800

<em><u>Closing Inventory</u></em>

(1,100×$50) = $55,000

6 0
4 years ago
On January 1, Bloomingdale, Inc. borrows $92,000 from First Estate Bank. The loan is due in one year along with 4% interest. The
otez555 [7]

Answer:

d. $920 increase liabilities, increase expenses

Explanation:

The journal entry is given below:

On March 31

Interest Expense Dr. $920 ($92,000 × 4% × 3 ÷ 12)

            To Interest Payable $920

(being interest expense is recorded)

Here interest expense is debited as it increased the expense and credited the liabilities as it also increased the liabilities

Therefore the option d is correct

4 0
3 years ago
Other questions:
  • Reducing project duration
    15·1 answer
  • California Inc., through no fault of its own, lost an entire plant due to an earthquake on May 1, 2018. In preparing its insuran
    10·2 answers
  • When a buyer returns merchandise purchased for cash, the buyer will record the transaction as a:____
    10·1 answer
  • Which statement describes a benefit of using a personal food log? It creates a personal inventory of current eating habits. It e
    14·2 answers
  • Windell Company uses flexible budgets. At normal capacity of 8,000 units, budgeted manufacturing overhead is: $64,000 variable a
    9·1 answer
  • Consider the data to answer the following questions: Country GDP Population A $32,000 1,500 B $20,000 1,000 C $10,000 500 D $10,
    7·1 answer
  • The third and fourth principles of ______________suggest that organizations should give workers the training and incentives to d
    7·1 answer
  • A young lady buys a new board game to enjoy with her friends is it rational or emotional
    15·2 answers
  • Please do your best. 75% of my grade
    9·1 answer
  • in a manufacturing company, the budget is used to determine the budgets for manufacturing costs, including the direct materials
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!