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
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

You might be interested in
Kansas Enterprises purchased equipment for $60,000 on January 1, 2021. The equipment is expected to have a five-year service lif
Yuki888 [10]

Answer:

$11000

Explanation:

Depreciation is the reduction in the value of an asset over time due to regular wear and tear. Straight - line depreciation is where the same amount is reduced every year over the life of the asset. It is calculated as (Cost of asset - residual value) / number of useful life years

= ($60000 - $5000) / 5 = $11000

3 0
3 years ago
What happens to the cost of foreign goods when the dollar is strong?
-Dominant- [34]
The cost of foreign goods rises briefly,then falls
4 0
2 years ago
Read 2 more answers
QUESTIONS
Sliva [168]

Answer: B

Explanation:

you can pass on the right if you are driving on a one way road.

3 0
3 years ago
A large percentage of the population in ethiopia and afghanistan make insufficient money to afford food and other necessities of
Alex_Xolod [135]
<span>This is absolute poverty. This is the state of being where the daily needs of a person or family are not being met, even after completing a day's work. This is in relation to relative poverty, which is based on the standards of living in a certain country. Absolute poverty is the standard at which anyone in any part of the world would be unable to meet their basic food and housing needs.</span>
3 0
3 years ago
100 million diluted shares outstanding trading at $37.50 per share. The company has $1 billion of debt outstanding with a cost o
Pepsi [2]

Answer:

$4,650,000,000

Explanation:

We will use the formula below to calculate the enterprise value of Correct inc.

Enterprise value = Market value capital and debts - Cash and investments

= 100 million diluted shares × 37.50 per share + $1 billion of debt outstanding - $100 million cash

= $3750m + $1000m - $100m

= $4,650,000,000.

4 0
3 years ago
Other questions:
  • Which marketing mix element deals specifically with retailing and marketing channel management?
    8·1 answer
  • At the lowest price for jeans consumers will demand the ___ jeans and Producers Supply the ___ jeans
    9·1 answer
  • You have decided to set a new goal of saving at least $4,500 over the course of the next year. You already have $900 saved. By h
    12·3 answers
  • What do most real estate agents represent?
    8·1 answer
  • If a company's efforts to differentiate its products are met with consumer disinterest, the company puts itself at risk for lowe
    15·1 answer
  • Harold, a delivery man, washes and irons his own shirts. Sarah, his boss, sends her clothes to a laundry. Which is the most plau
    5·1 answer
  • Music compact discs are normal goods. What will happen to the equilibrium price and quantity of music compact discs if musicians
    10·1 answer
  • Which of the following is not an advantage of participative budgeting? a.It encourages budgetary slack. b.It tends to lead to a
    7·1 answer
  • FOOD;
    5·1 answer
  • How much will Marie have in her retirement account in years if her contribution is ​$ per year and the annual return on the acco
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!