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brilliants [131]
3 years ago
11

The Josey Company uses the weighted average method. The beginning work in process consists of 6,000 units (100% completed as to

materials and 50% complete as to conversion costs). The number of units completed was 130,000. The ending work in process consists of 10,000 units (100% complete as to materials and 20% complete as to conversion costs). What are the equivalent units of production for conversion costs
Business
1 answer:
zvonat [6]3 years ago
3 0

Answer:

Total equivalent units= 135,000 units

Explanation:

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

<u></u>

Conversion costs:

Units completed and transferred out= 133,000 units

Ending WIP= 10,000*0.2= 2,000 units

Total equivalent units= 135,000 units

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4 years ago
Four roommates are planning to spend the weekend in their dorm room watching old movies, and they are debating how many to watch
denis-greek [22]

Answer:

1. Inside the dorm room, the movies are <em>Non-Rival</em> which means that one person can watch the movie and it will not diminish the ability of others to watch as well.

Also as they are all in the same dorm, the showing of the movie is <em>Non-Excludable</em> as well because no one can stop the other from watching.

Public good is both Non-Rival and Non-Excludable so the showing of a movie IS a public good.

2.

Musashi   Sean    Bob   Eric   Total Willingness to pay

10   9   8   3   30

8   7   6   2   23

6   5   4   1   16

4   3   2   0   9

2   1   0   0   3

The optimal number of movies that can be rented is dependent on their total willingness to pay. If their Total willingness to pay for the movie is above $8 which is the cost of a movie, then they will get it. From the table, the fifth movie is below the price of $8 so they <u>should rent 4 movie</u>s.

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= (8 *4)/4 people

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3 0
3 years ago
Suppose a stock had an initial price of $57 per share, paid a dividend of $1.1 per share during the year, and had an ending shar
kolbaska11 [484]

Answer:

12.46%

Explanation:

Data provided

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The computation of the percentage total return is shown below:-

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= $7.1 ÷ 57

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or 12.46%

6 0
3 years ago
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