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DaniilM [7]
3 years ago
5

Beginning WIP is 45% complete and ending WIP is 10% complete as to conversion costs. Materials are added at the beginning of the

process. If a company uses FIFO costing, the total equivalent units for materials in the period will equal:______.
a. equivalent units to complete beginning inventory and equivalent units in ending inventory.

b. equivalent units to complete beginning inventory units started into the process this period.

c. none of these units started into the process this period plus units in beginning inventory
Business
1 answer:
lara [203]3 years ago
5 0

Answer:

c. none of these

units started into the process this period plus units in beginning inventory

Explanation:

In FIFO , the physical units are divided between the beginning units, units started in process and the ending units. But as all the materials is added at the beginning of the process so the FIFO physical units would be divided between the units started into the process this period plus units in beginning inventory and hence the equivalent units for materials will be calculated.

So the best choice is option c.

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Diamond Productions reports a net change in cash of $50,000 on its statement of cash flows. What is the net cash provided by ope
Tanya [424]

Answer:

$21,000

Explanation:

Given;

net change in cash = $50,000

net cash provided by investing = $5,000

net cash provided financing activities = $14,000

net change in cash = net cash provided by operating + net cash provided by investing + net cash provided financing activities

50000 =  net cash provided by operating + 5000 + 14000

net cash provided by operating = 50000 - 5000 - 14000

                                                     = 21000

net cash provided by operating is $21,000

8 0
2 years ago
a retailer has been selling 2800 tablet computers a week at $250 each. the marketing department estimates that an additional 80
Nataly_w [17]

From the given information, The demand function is (P) = -x/8 + 600. The demand function illustrates the causal connection between the quantity of a commodity that is demanded and its numerous determinants.

The demand function is given by P - P1 = m(x-x1)

Since, m = -10/80    (i.e. additional 80 tablets every $10)

P1 = $250, x1 = 2800

So, P - 250 = -1/8 (x - 2800)

P = -1/8 + 350 +350

P = -x/8 + 600

Hence, the demand function (P) = -x/8 + 600

  • One variable's connection with its determinants is described by the demand function. It explains how much of a certain amount of products is bought at various prices for that good and its related goods, various income levels, and various values for other demand-affecting variables.

There are two categories of demand function:

  • The linear demand function
  • Nonlinear Demand Function

Without needing to create a demand function graph, an algebraic formula for constructing demand curves is known as a linear demand function.

Demand function with nonlinearity. The slope of the demand curve (P/Q), in a nonlinear or curved demand function, varies along the demand curve.

Learn more about Demand function, here

brainly.com/question/28198225

#SPJ4

5 0
1 year ago
Groupong Inc. recently paid a $2.78 annual dividend on its common stock. This dividend increases at 3.50 percent per year and th
liq [111]

Answer:

c) 11%

Explanation:

The question is to determine the rate of return on Groupong Inc's

The rate of return represents an investment's net gain or net loss calculated over a period of time and usually expressed in terms of the percentage of the initial cost of investment.

The rate of return in this question is calculated as follows:

Rate of Return = (The Dividend for the next year/ the current price of the share) + The Growth rate

The dividend for the next year = current year dividend x (1+r), where r is 3.5

= 2.78 x (1+0.035)

=2.78 x 1.035

= (2.8773/38.3) + 0.035

=0.1101 or 11%

5 0
3 years ago
What is fringe benefit?​
____ [38]

Answer:

it is employee benefits

5 0
2 years ago
Read 2 more answers
Reece is trying to increase the number of products he sells every week so he will get a promotion this year. What are accurate w
gizmo_the_mogwai [7]

Answer:

intermediate goal

career goal

Explanation:

A goal is a desired result am individual wants to achieve in the future. Goals are usually time bound, that is they are meant to be achieved in a given time frame.

In the given instance Reece is trying to increase the number of products he sells every week so he will get a promotion this year.

With regards to duration goals can be short term, intermediate, or long term.

His goal of increasing weekly sales is an intermediate one.

Career goals are those that are measured by level of achievement on one's job. Reece is looking at getting a promotion in this year.

5 0
2 years ago
Read 2 more answers
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