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ss7ja [257]
4 years ago
12

During December, the production department of a process operations system completed and transferred to finished goods a total of

65,000 units of product. At the end of March, 15,000 additional units were in process in the production department and were 80% complete with respect to materials. The beginning inventory included materials cost of $57,500 and the production department incurred direct materials cost of $183,000 during December. Compute the direct materials cost per equivalent unit for the department using the weighted-average method.
a. $3.70.
b. $2.38.
c. $2.82.
d. $3.12.
e. $4.79.
Business
1 answer:
tia_tia [17]4 years ago
8 0

Answer:

Option D is correct one.

The direct materials cost per equivalent unit for the department using the weighted-average method is <u>$3.12</u>

Explanation:

Completed and transferred to finished goods (in units)=65000.00

Equivalent number of additional units in process (in units)=12000.00

Beginning inventory material cost=57500.00

Direct material cost incurred=183000.00

Total direct material cost=240500.00

Direct materials cost per equivalent unit 3.12

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Lostsunrise [7]

Answer:

The correct answer here is option C.

Explanation:

In real life business situations the firms are able to avoid prisoner's dilemma and reach the most profitable income because the games are repetitive and goes on continuously in the market or economy. The other firms in the market can adopt a retaliation strategy if a firm does not cooperate.

In order to avoid such situation the firms generally cooperate and thus are able to escape Prisoner's dilemma.

4 0
3 years ago
Stockholders' equity
inessss [21]

Answer:

C. includes retained earnings and paid-in capital

Explanation:

The statement of stockholder's equity comprises common stock i.e paid-in capital and retained earnings.

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares  

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced.  

Moreover, it always is prepared on the specified date.

7 0
3 years ago
When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold, the tax has.
Dmitry_Shevchenko [17]

When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold, the tax has caused a deadweight loss.

<h3>What is meant by deadweight loss?</h3>
  • The gap between the production and consumption of any given good or service, including taxes, is referred to as deadweight loss in economics. Deadweight loss is most frequently detected when the quantity generated compared to the quantity consumed deviates from the ideal surplus concentration.
  • Overproduction of commodities results in a loss of money. For instance, a baker might only sell 80 of the 100 loaves of bread they produce. There will be a deadweight loss since the 20 remaining loaves will become moldy and dry, and they will need to be thrown away.
  • The loss in economic activity that results when the market pricing of products or services change negatively affects consumers and businesses is referred to as deadweight loss.
  • You need to know the change in price and the change in quantity demanded in order to compute deadweight loss. Deadweight Loss is calculated using the following formula:. 5 * (P2 - P1) * (Q1 - Q2).

When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold, the tax has caused a deadweight loss.

To learn more about deadweight loss, refer to:

brainly.com/question/21335704

#SPJ4

8 0
1 year ago
A(n) ____________ records the boundaries of a three-dimensional shape.
Alex_Xolod [135]
A CONTOUR LINE record the boundaries of a three dimensional shape.
In Art, a contour line is a line which defines a form or an edge. It is an outline of a given object. Contour line is usually drawn by following the visible edges of a shape and those edges along the interior of the shape. Contour line is often used to show dramatic changes of planes within an object.
8 0
3 years ago
The Moore Corporation had operating income (EBIT) of $700,000. The company's depreciation expense is $140,000. Moore is 100% equ
Nastasia [14]

Answer:

The net cash flow is $560,000

Explanation:

The computation of the net cash flow is shown below:o

= Operating income + depreciation - tax expense

= $700,000 + $140,000 - $280,000

= $560,000

The tax expense is calculated by

= Operating income × tax rate

= $700,000 × 40%

= $280,000

For computing the net cash flow, we have to add the depreciation expense and deduct the income tax expense.

4 0
4 years ago
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