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4 years ago

Circular errors are caused by adding the cell name of an _________ cell formula?

1 answer:

7 0

The answer is an active cell. A circular reference occurs when a cell in an Excel 2010 worksheet refers to itself.

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Richards Corporation uses the weighted-average method of process costing. The following information is available for October in

olchik [2.2K]

Answer:

e. $2.16

Explanation:

Richards Corporation

Weighted-Average Method

Fabricating Department:

Particulars Units % of Completion Equivalent Units

Materials Conversion Materials Conversion

Completed &

transferred out: 360,000 100 100 360,000 360,000

Ending Inv: 35,000 40% 15% 14000 5250

Equivalent Units 374,000 365250

Costs Direct Materials Conversion

Beg. Work in Process - : $47,200 $89,700

Costs incurred in October - $759,920 $929,300

Total Costs 807,120 1,019,000

Cost Per Equivalent Unit = Total Costs/ Equivalent Units

Cost Per Equivalent Unit Materials = 807120/ 374,000= $ 2.158 ≅$ 2.16

We divide the total costs of Materials with the total Equvilant units of Materials to get Cost Per Equivalent Unit of Materials which is 2.16

7 0

3 years ago

savings account a and savings account B both offer aprs of 11% but savings account A compounds intrest quarterly while Savings A

Sever21 [200]

The answer is savings account A.

Since savings account A compounds the interest quarterly it adds interest to the account every quarter. This makes it a more profitable account than one that compounds the interest semiannually. The reason is that the bank is adding interest more frequently, so you are earning interest on the interest that the bank has already paid you.

3 0

3 years ago

Read 2 more answers

Ferkil Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $63,000 per

pshichka [43]

Answer:

Break-even point= 11,500 units

Explanation:

Giving the following information:

Selling price= $20.00 per unit.

Fixed expenses= $63,000 per year.

Break-even point= 9,000 units to break even.

Desired profit= $17,500

First, we need to calculate the unitary variable cost:

Break-even point= fixed costs/ contribution margin

9,000= 63,000 / (20 - unitary variable cost)

9,000*20 - 9,000x= 63,000

180,000 - 63,000= 9,000x

117,000/9,000=x

13= unitary variable cost

Now, we can calculate the number of units:

Break-even point= (fixed costs + desired profit) / contribution margin

Break-even point= (63,000 + 17,500) / (20 - 13)

Break-even point= 11,500 units

3 0

3 years ago

Lillian has a master's degree in logistical engineering. She has worked with large

Art [367]

C is the correct answe

7 0

3 years ago

A machine costs $270,000 and has a life of 12 years. The machine will be under total warranty for 3 years. In the 4th year the m

salantis [7]

Answer:

C) Around $56,100

Explanation:

total maintenance costs should be:

year cost

1 $0

2 $0

3 $0

4 $3,500

5 $5,250

6 $7,000

7 $8,750

8 $10,500

9 $12,250

10 $14,000

11 $15,750

12 $17,500

to determine the present value of the 12 year annuity we can use an excel spreadsheet and the present value function:

=PV (6%,select the 12 cells) = $56,099.39 ≈ $56,100

8 0

3 years ago