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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

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Answer:

The Economic Landscape of Oceania World Geography are catching seals and whales, Trading wood and meats.

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3 years ago
A company’s normal selling price for its product is $27 per unit. However, due to market competition, the selling price has fall
schepotkina [342]

Answer:

The correct answer is $2,600.

Explanation:

According to the scenario, the given data are as follows:

Selling price = $27

After competition, Selling price = $22

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So, we can calculate the value of this inventory by using following formula:

lower of the cost = $20

So, Value of this inventory = Inventory units × $20

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8 0
3 years ago
A firm supplies aircraft engines to the government and to private firms. It must decide between two mutually exclusive contracts
tatiyna

Answer:

Option (A) is correct.

Explanation:

If it contracts with a private firm, for 1st contract,

profit = [(2 × 0.25) + (1 × 0.4) - (1 × 0.35)]

         = 0.55 million dollars

If it contracts with the government, or second contract ,

profit = ($4 × 0.4) - ($2.5 × 0.6)

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Therefore, it is clear from the above calculations that the contract with a private will offer more profit as compared to the contract with the government.

3 0
3 years ago
An investment pays $400 in one year, X amount of dollars in two years, and $500 in three years. The total present value of all t
k0ka [10]

Answer:

X = 789.70

Explanation:

we solve for X considerign each deposit is discounted at the given rate using the lump sum formula:

\frac{Maturity}{(1 + rate)^{time} } = PV

\frac{400}{1.06}+\frac{X}{1.06^2}  +\frac{500}{1.06^3} = 1,500\\X= (1,500 - \frac{400}{1.06} - \frac{500}{1.06^3}) \times 1.06^2

X = 789.7018868

6 0
3 years ago
Shopping online allows customers to compare prices of many goods and services. This technology will likely:
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Answer: d. cause businesses to increase their focus on nonprice aspects of their promotional message.

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4 0
3 years ago
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