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Ksju [112]
4 years ago
13

Creer Company uses the FIFO method in its process costing system. Department A had 20,000 units in process at the beginning of J

anuary that were 40% complete with respect to conversion costs. All materials are added at the beginning of the process in Department A. The January 1 work in process inventory in Department A contained $10,000 in materials cost and $11,600 in conversion cost. During January, materials costs were $0.50 per equivalent unit and conversion costs were $1.50 per equivalent unit. All of the units in the beginning work in process inventory were completed and transferred out during the month. What was the total cost attached to these units when they were transferred to the next department
Business
1 answer:
BartSMP [9]4 years ago
4 0

Answer:

u tell me cause I dont know

Explanation:

my bad but I need points

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Caleb owns a small business in houston. What should caleb do to encourage creativity among his employ?
avanturin [10]

Caleb should put as many promising ideas to test and encourage creativity among his employ.

<h3>Does encourage mean support?</h3>

Encourage is defined as to give someone hope, confidence or support.

<h3>What makes a person encouraging?</h3>

Once we understand what the issue is, an important part of encouraging someone is to validate their feelings, and try to understand why they feel that way. I personally find that one of the least effective ways to encourage someone is to just say something like 'it'll be fine' or 'don't worry, you'll be great'.

Learn more about encourage creativity here:

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7 0
2 years ago
The producers of Power Drink promote their drink over Energy Plus Drink in their advertisements. This type of advertisement is r
gtnhenbr [62]
Display advertisement?
3 0
3 years ago
Think of the market for loanable funds. A policy that induces people to save more or that reduces the governmet's budget deficit
Lisa [10]

Answer:

shifts the supply of loanable funds and reduces interest rates.

Explanation:

The supply and demand curves of money (loanable funds) work in the same way as every other good or service. When the supply of a good or service increases, the supply curve shifts to the right, increasing total quantity supplied and decreasing equilibrium price. When we are talking about loans, the equilibrium price is the interest rate.

8 0
3 years ago
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for
kirill115 [55]

Answer and Explanation:

The computation is shown below;

1. Reorder point is

= Daily demand × lead ime

= 20 × 3 days

= 60 pounds

2. The length of the order cycle is

= Order quantity ÷ demand rate

= 80 ÷ 20 pounds

= 4 days

3. The average inventory level is

= Order quantity ÷ 2

= 80 ÷ 2

= 40 pounds

4. The total daily cost is

the cost of the pepperoni = daily demand × cost per pound

= 20 × 3 pound

= 60

Daily ordering cost is

= daily demand ÷ ordering quantity × ordering cost

= 20 ÷ 80 × $10

= $2.50

And, the daily holding cost is

= ordering cost ÷ 2 × holding cost

= 80 ÷ 2 × 0.04

= $1.60

Now the total daily cost is

= $60 + $2.50 + $1.60

= $64.10

5. The economic order quantity is

= (√2 × annual demand × ordering cost ÷ carrying cost)

= √2 × 20 × 10 ÷ 0.04

= √10,000

= 100

7 0
3 years ago
Roe Corporation owns 2,000 shares of WRJ Corporation stock. WRJ Corporation has 25,000 shares of stock outstanding. WRJ paid $4
Fudgin [204]

Answer:

c. Debit Cash, $8,000; credit Dividend Revenue, $8,000

Explanation:

In the given scenario the number of shares owned by Roe Corporation is 2,000 shares out of a total of 25,000 shares.

So when dividend of $4 is given per share, Roe will have dividend of

Dividend = Number of shares * Dividend per share

Dividend = 2000 * 4

Dividend = $8,000

The entry to indicate reciept of the dividend will be Debit Cash, $8,000; credit Dividend Revenue, $8,000

Cash is an asset account. It increases as the debit balance increases.

So a reciept of $8,000 from the shares owned will result in a cash increase. Therefore cash is debited $8,000

Dividend revenue is a revenue account that increases as positive balance increases.

When the share dividend is recieved revenue increases.

Therefore we will credited Dividend revenue by $8,000 to recognise the increase in revenue

4 0
3 years ago
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