1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lidiya [134]
3 years ago
8

For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of

the process and there are 6,000 units in the ending work-in process which are 75% complete as to conversion costs, what are the costs that should be assigned to the ending work-in process inventory? a) 102,000. b) $120,000. c) $108,000. d) $90,000.
Business
1 answer:
laila [671]3 years ago
8 0

Answer: Option (a) is correct.

Explanation:

Materials Costs = Units × Unit Material Cost

                          = 6,000 × $8

                          = $48,000

Conversion costs = Units × Percentage Complete × Unit Conversion Cost

                             = 6,000 × 75% × $12

                             = $54,000

Ending Work-In Process Inventory:

= Materials Costs  + Conversion Costs

= $48,000 + $54,000

=  $102,000

You might be interested in
in preparing a statement of cash flows under the indirect method, an increase in accounts payable would be reported or included
Nana76 [90]

Answer:

In preparing a statement of cash flows under the indirect method, an increase in accounts payable would be reported or included as a(n):

source of cash.

Explanation:

Accounts payable are liabilities owed to suppliers for goods or services. They are listed on the balance sheet under current liabilities and on the cash flow statement under operating activities. When preparing the statement of cash flows, an increase in accounts payable is regarded as a source of cash while a decrease is regarded as a use of cash.

7 0
3 years ago
Sally, the manager at a large restaurant chain, was just given information from the corporate office on how to increase sales in
Illusion [34]

Answer: C. Measure performance

Explanation: Controlling is the managerial functions of planning, staffing, organizing, implementing and directing. It helps to check the errors and take corrective action, so it is known as an important function of management. It is necessary to ensure that the desired results are achieved.

The control process is the system that allows setting, measure, match and tweak any business activities such as production, packaging, delivery and more. ... The control process is the functional process for organizational control that arises from the goals and strategic plans of the organization.

6 0
3 years ago
Read 2 more answers
Expectancy theory implies that linking an increased amount of rewards to performance will increase motivation and performance. F
Tresset [83]

Cognitive evaluation theory would question the use of money as a motivator because external motivational tools may lower intrinsic motivation because people will start working to get the reward, NOT because they are intrinsically motivated or challenged.

4 0
3 years ago
How does a fixed exchange rate set the value for a currency?
olasank [31]

Answer:

A. By setting it at a specific value based on another currency

Explanation:

3 0
3 years ago
Spartan Corporation estimates that it will incur $200,000 of total manufacturing overhead cost at an estimated activity level of
bagirrra123 [75]

Answer:

Applied manufacturing overhead is $4,000

Explanation:

Given,

Total manufacturing overhead = $200,000

Activity level = 10,000 DLH

Predetermined overhead rate = \frac{Manufacturing\ overhead\ cost}{Activity\ level}

=\frac{200,000}{10,000}

=$20

Manufacturing overhead applied = predetermined rate × time required

                                                       = 20 × 200

                                                       = $4,000

Therefore, manufacturing overhead of $4,000 is applied to the job.

3 0
3 years ago
Other questions:
  • Explain why intermediate goods and services usually are not included directly in gdp. are there any circumstances under which th
    7·1 answer
  • Q 7.5: a small business owner has two employees but each employee has a separate cash register drawer. this situation can be vie
    8·1 answer
  • What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat 500?A. Small au
    5·1 answer
  • After the previous sales representative in his territory infuriated an important customer, Benjamin visited the customer once a
    11·1 answer
  • This is what it said when I tried to put a lenny face as a question: Don't use such phrases here, not cool! It hurts our feeling
    7·2 answers
  • Danielle, a graduate in fashion technology, always found it tough to find clothes for her as she belonged to the category of plu
    6·1 answer
  • Oriental Corporation has gathered the following data on a proposed investment project:
    9·1 answer
  • The organizational-management process consists of seven steps: (1) doing research, (2) establishing the mission and vision, (3)
    5·1 answer
  • Suppose sellers of liquor are required to send $5.00 to the government for every bottle of liquor they sell. Further, suppose th
    15·1 answer
  • Match each type of tax with an example of its use.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!