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SashulF [63]
3 years ago
8

Atlantic Manufacturing Company uses process costing. All materials are added at the beginning of the process. The normal spoilag

e rate is calculated as 10% of good units completed.The cost of the beginning work-in-process in the Month of May is $3,000,000, including$1,600,000 of input of materials, 100,000 units, and $1,400,000 for conversion costs. The beginning work-in-process is 70% complete.During May, the input includes $7,400,000 for materials, 800,000 units started and $4,190,000 for conversion costs. There were 700,000 good units finished. In addition, the ending work-in- process in May is 100,000 units with 60% complete. The abnormal spoilage is 30,000 units. All spoilage occurred when all processing was complete, at the final inspection.Required: Use the weighted-average method to calculate:(a) The dollar value of abnormal spoilage.(b) The cost of the good units finished.(c) The cost of ending work-in-process inventory.
Business
1 answer:
zavuch27 [327]3 years ago
3 0

Answer:

(a) The dollar value of abnormal spoilage.

$499,317.

(b) The cost of the good units finished.

$12,669,193.

(c) The cost of ending work-in-process inventory

$1,421,491.

The complete solution of the problem is attached with an excel spreadsheet.

Download xls
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Answer:

"Persuasive"  "reminder"

Explanation:

Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time to stock up on Campbell's Soup." During the storm the ads said, "Stay home and stay warm with Campbell's Soup." The first ad was persuasive advertising, while the second ad was reminder advertising.

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Today, ecoterrorists in america have taken many radical actions, including burning down ski lodges, blowing up hummers, freeing
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Positive deviance

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Positive deviance is a methodology that is used by individuals who are associated with Eco-terrorism. They utilize radical criminal acts to spread their ecological philosophies. These individuals generally look for ratification of other people who share similar philosophies.  These criminals believe that they will be viewed as heroes, and their actions will be seen as positive deviance.

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3 years ago
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In one year, the Hotel by the Shore incurred $100,000 in fixed costs. Because the hotel booked 10,000 room nights, its total var
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Answer:

$200,000

Explanation:

Total cost = Fixed cost + variable cost

$200,000 = $100,000 + $100,000

Fixed cost is cost that do not vary with production. E.g. rent

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Variable cost is cost that varies with production e.g. wages

If no production activity takes place, there would be no variable cost.

I hope my answer helps you.

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4 years ago
You are considering a project with cash flows of $16,500, $25,700, and $18,000 at the end of each year for the next three years,
Zigmanuir [339]

Answer:

The answer is: $51.695,00

Explanation:

To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

The formula is:

            n

<h3>NPV= ∑ Rt/(1+i)^t</h3>

           t-1

where:

R t​     =Net cash inflow-outflows during a single period t

i=Discount rate or return that could be earned in alternative investments

t=Number of timer periods

In this exercise:

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NPV= $51695

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3 years ago
The efficiency-wage theory of worker health is
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A. More relevant for explaining unemployment in less developed countries than in rich countries.

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