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
zvonat [6]
3 years ago
6

In May, one of the processing departments at Messerli Corporation had beginning work in process inventory of $18,000 and ending

work in process inventory of $39,000. During the month, $152,000 of costs were added to production and the cost of units transferred out from the department was $131,000. The company uses the FIFO method in its process costing system. In the department’s cost reconciliation report for May, the total cost to be accounted for would be:
Business
1 answer:
Evgen [1.6K]3 years ago
6 0

Answer:

$170,000

Explanation:

The computation of the total cost to be accounted is shown below:

= Beginning work in process units + cost of units transferred out

= $18,000 + $152,000

= $170,000

In order to compute the total cost to be accounted we simply added the beginning work in process units and the cost of units transferred out so that the exact value could come

You might be interested in
The risk-free rate is 6% and the expected rate of return on the market portfolio is 13%. a. Calculate the required rate of retur
svet-max [94.6K]

Answer:

a) The required rate of return is 14.75%

b) The expected return on this stock is 16% which is more than its required rate of return 14.75%, thus it is underpriced.

Explanation:

a)

Using the SML equation, we can calculate the required rate of return (r) of a stock.

r = rFR + β * (rM - rFR)

r = 6% + 1.25 * (13% - 6%)

r = 0.1475 or 14.75%

b)

The SML shows the return that is required on a security based on the risk is carries. Using SML we calculate the required rate of return which is the percentage return that investors require a security to provide.

If the expected return is greater than the required rate of return which means that security is expected to provide more than is required then the security is underpriced.

The expected return on this stock is 16% which is more than its required rate of return 14.75%, thus it is underpriced.

5 0
2 years ago
Are marketing and sales the same in marketing
JulijaS [17]
No. They are not the same.


Pls mark brainliest.
6 0
2 years ago
Ecosystem services ________. are required to rebalance natural systems that we have disturbed are economically valuable services
MAXImum [283]
Another answer to go along with the rest is (contribute to keeping ecosystems productive) I hope this helps 
4 0
3 years ago
A(n) _____ is central to individuals and organizations of all sizes and ensures that information can be shared across all busine
Ann [662]

An enterprise system is central to individuals and organizations of all sizes and ensures that information can be shared across all business functions and all levels of management to support the running and managing of a business. And large-scale application software packages that support business processes, information flows, reporting, and data analytics in complex organizations.


3 0
3 years ago
James Mfg. is currently operating at only 86 percent of fixed asset capacity. Fixed assets are $387,000. Current sales are $510,
aleksandr82 [10.1K]

Answer:

wrtghtrehgergheghrth

Explanation:

4 0
2 years ago
Other questions:
  • If fixed costs are $400,000 and the unit contribution margin is $20, how many units must be sold in order to realize an operatin
    11·1 answer
  • The demands of ethics and etiquette tend to require the use of​________ to communicate with appropriate sensitivity and care.
    10·1 answer
  • Russell’s has a bond issue outstanding. The issue's indenture provision prohibits the firm from re-deeming the bonds during the
    10·2 answers
  • XYZ Company applies overhead to jobs using direct labor cost as an activity. For the current year, XYZ's estimated overhead was
    14·2 answers
  • Normative and positive statements
    6·1 answer
  • A zoo has a circular pool for its seals. The diameter of the pool is 32 feet. How much fence is needed to enclose the pool?
    6·1 answer
  • Blue Sky Company’s 12/31 balance sheet reports assets of $65,893 and liabilities of $28,686. All of Blue Sky’s assets’ book valu
    13·1 answer
  • What did you get for Christmas? Did you get things you wanted? If not list stuff that you wanted but didn't get.
    10·2 answers
  • The economic effect of an expense is incurred when the benefit expires or is used up not when cash is paid true or false
    7·1 answer
  • Select all of the factors that affect the level of wages.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!