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Setler79 [48]
3 years ago
6

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa

rtment for October: Percent Completed Units Materials Conversion Work in process, October 1 45,000 90 % 65 % Work in process, October 31 25,000 71 % 50 % The department started 386,000 units into production during the month and transferred 406,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Business
1 answer:
Step2247 [10]3 years ago
3 0

Answer:

The equivalent units of production for October are :

Raw Materials = 423,750

Conversion Costs = 418,500

Explanation:

<u>Calculation of Equivalent Units of Production</u>

1. Raw Materials

Ending Work In Process Inventory (25,000 × 71%)          17,750

Completed and Transferred (406,000 × 100%)           406,000

Equivalent Units of Production for Materials                 423,750

2. Conversion Costs

Ending Work In Process Inventory (25,000 × 50%)        12,500

Completed and Transferred (406,000 × 100%)           406,000

Equivalent Units of Production for Materials                 418,500

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Answer is given below :

Explanation:

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8 0
2 years ago
Segmented Income Statement Gorman Nurseries Inc. grows poinsettias and fruit trees in a green house/nursery operation. The follo
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Answer

A= Net operating loss = (924800)

B= Net operating profit = $9000

Explanation:                                                        A                               B  

                                                                    (Poinsettia)                 (Fruit tree)              

                                                                                   $                               $

Sales                                                                  =970000     ;           = 3100000

less: Variable cost of goods sold                    = (<u>460000</u>)  ;          =(<u>1630000</u>)

Gross contribution margin                                 510000     ;              1470000

Less: <u>Selling expense (4% o sales)</u>

    A (970000*4%)

   B(310000 *4%)                                               ( <u>38800</u>)      ;            ( <u>124000</u>)

 Contribution margin                                         471200     ;             1346000

Less: Fixed overheads                                    <u> (800000</u>)    ;           <u> (800000)</u>

                                                                         (328800)     ;            546000

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Less: Common selling and admin expense (<u>450000) </u>    ;            (<u>450000)</u>

Net operating income /( loss)                        (924800)     ;             9000                                                      

5 0
3 years ago
Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth
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Answer:

current share price is $71.05

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given data

grow at a rate = 20 percent

time = 3 year

growth rate falling off = 8 percent

dividend = $1.45

solution

we get here price of the stock in Year 3 that is 1 year before the constant dividend growth that is

P(3) = D(3) × (1 + g) ÷ (R - g)  .............1

P(3) = D0 (1 + g1)³ × (1 + g2) ÷ (R - g)

P(3) = \frac{1.45\times 1.20^3 \times 1.08}{0.11-0.08}

P(3) = $90.206  

and

then price of the stock today is present value of first three dividends  + present value of the Year 3 stock price

so price of the stock today is

P(0) = \frac{1.45(1.20) }{1.11} + \frac{1.45(1.20)^2}{1.11^2} +\frac{1.45(1.20)63}{1.11^3} +\frac{90.2016}{1.11^3}    

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The factors of absenteeism, low productivity, and job dissatisfaction when considering forces of change are collectively known as A. Human resource concerns.

<h3>What are human resource concerns?</h3>

These are all the related factors that affect the labor and workforce of an organization.

Some examples include job dissatisfaction, and low productivity. There are also issues of absenteeism amongst staff. These factors need to be considered when trying to instill change in the workforce.

In conclusion, option A is correct.

Find out more on human resources at brainly.com/question/10583893.

7 0
2 years ago
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