Answer:
c. Total units accounted for = units in ending work in process + units transferred out
Explanation:
Total units accounted -
It refers to the total units completed during any work process , is referred to as the total units accounted .
i.e. ,
The total units accounted is the sum of the units transferred out plus the units in the end of the process .
Hence ,
Total units accounted for = units in ending work in process + units transferred out , is the correct equation .
Answer:
Option C is Correct ($56,400)
Cost of the company's ending work-in-process inventory=$56,400.
Explanation:
Option C is Correct ($56,400)
Given:
Ending Work in process=2000 units
Conversion= $22
Material= $15
Completed units=15,000 units
Required:
Cost of the company's ending work-in-process inventory=?
Solution:
Material Cost= $15
Conversion Cost= $22 *60%
Conversion Cost= $13.2
Total Cost=Material Cost+Conversion Cost
Total Cost=$15+$13.2
Total Cost= $28.2
Cost of the company's ending work-in-process inventory=Ending Work in process*Total Cost
Cost of the company's ending work-in-process inventory=2000*28,2
Cost of the company's ending work-in-process inventory=$56,400.
The MARGINAL tax rate is the percentage of additional earnings that goes to taxes.
Marginal tax rate stands for the amount of tax paid on any additional income. It is based on progressive tax system that increases with the increase of an individual's income. Thus, it varis with the income of an individual.
Answer:
The correct answer is D
Explanation:
Diversified is the term which is described as diverse or the varied. The hotels wants to have the different or varied brands so that the properties offer the personalized services, stylish and distinctive decors, which attract the professionals seeking the different alternatives.
So, in order to enhance the differentiation of the brands, the hotel should seek out or reach out the inputs which are of low quality.
The market demand curve would be 1000 - 0.125Q.
<h3>How to calculate the demand curve?</h3>
It should be noted that the market demand curve will be the sum of the individual demand curve.
The market demand curve will be calculated thus. Mary’s demand curve is 5P = 5000 – 1.25QM. Here, p = 1000 - 0.25QM
Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ. Helen’s demand curve is given by QH = 2000 – 2P. This will be P = 1000 - 0.5QH.
The slope will be:
= 0.5 × 0.25
= 0.15
The demand function of Jack and Helen are the same. The demand curve will be 1000 - 0.125Q.
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