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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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In order to have a high confidence level in a customer survey, what should the sample size accurately reflect?
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7 0
2 years ago
Alternative A would involve substantial fixed but relatively low variable costs: fixed costs would be $250,000 per year, and var
stepladder [879]

Answer:

From zero to 33 boats option B would be best

Explanation:

Assuming the first alternative (A)is 250,000 fixed and 500 per boat

second (B) 2,500 cost per boat

and third (C) 50,000 fixed and 1,000 cost per boat

We want' to know at which level B would be the best option

we want to know when alternative C or A have a cost of 2,500 or lower:

A:

500 + \frac{250,000}{Q} = 2,500

\frac{250,000}{2,500 - 500} = Q

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From this point, as fixed cost will be distribute among more units, the cost will decrease meaking C better than B

C:

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From this point, as fixed cost will be distribute among more units, the cost will decrease meaking A better than B

From zero to 33 boats option B would be the best of the three options

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3 0
3 years ago
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