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
g100num [7]
4 years ago
5

The following production data were taken from the records of the Finishing Department for July:Inventory in process, June 1, 30%

completed 5,000 unitsTransferred to finished goods during June 39,500 unitsEnding work in process during June 25%, completed 4,500 unitsDetermine the total equivalent units for conversion costs, assuming that the first-in, first-out method is used to cost inventories. Assume that all direct materials are placed in process at the beginning of production.
Business
1 answer:
zepelin [54]4 years ago
5 0

Answer:

Conversion Cost Equivalent units FIFO           39, 125

Explanation:

Beginning WIP           5,000 30% completed

transferred units       39,500

ending WIP                 4,500  25% completed

<u>The equivalent units will be:</u>

the transferred units

- complete portion for the beginning WIP

+ complete portion of the ending WIP

transferred out                      39,500

work in previous period

5,000 x 30% =                         (1,500)

worked but not complete

4,500 x 25% =                        <u>  1, 125 </u>  

Equivalent units FIFO           39, 125

You might be interested in
A bank with a negative repricing (or funding) gap faces refinancing risk. Group of answer choices True False
guajiro [1.7K]

Answer:

True

Explanation:

hope this helps :(

3 0
2 years ago
Money is a productive asset. Its opportunity cost is:
dsp73

Answer:

The correct answer is A. The time value of money.

Explanation:

In economic theory, the temporary value of money is intended to represent the idea that a dollar of today is worth more than a dollar of the future, even after adjusting for inflation, because a dollar can now generate interest or other returns up to moment in which the dollar of the future is received. This theory is based on the calculation of present or current value.

8 0
4 years ago
An effective team would never have ______. a. multiple long term goals b. a series of coordinated deadlines c. unclear definitio
Effectus [21]

An effective team would never have Unclear definitions of goals.

Option C is correct answer.

Unclear definitions of goals :

Unclear goals are part of the communication problem that continues to plague many workplaces, and were also cited as the number one cause of stress for tech workers in an earlier Comparably study. Employees who don't know what's expected of them can't perform their best work.

What happens when goals are unclear?

A lack of direction and unclear goals are among the largest reasons why projects fail. While it may be impossible to predict every outcome, taking time early on to define and communicate objectives and goals can radically increase the chance your team successfully completes a project.

Learn more about Unclear definitions of goals :

brainly.com/question/11399548

#SPJ4

4 0
2 years ago
Choose the correct choice; At the current price level, producers supply $375 billion of final goods and services while consumers
Solnce55 [7]

Answer:

The price level is A) Above equilibrium.

Explanation:

Normally, every economist believe that a lower price attracts a higher demand. This is so when the behaviour of consumers are measured when choosing a product.  Many consumers go for a low priced product or cheaper product over a high priced product or expensive product irrespective of quality, taste or satisfaction derived from consuming them.

Price relating to market or in terms of quantity demanded and quantity supplied is referred to as equilibrium price or equilibrium quantity. When the market price is below equilibrium, quantity supplied of a product will be less than the quantity demanded for it because the price of goods are cheaper. But when price is above equilibrium, quantity supplied will be greater than quantity demanded because the price of goods is high.

7 0
3 years ago
I need help please! <br> what do you think is positive about franchises in general? negative?
mote1985 [20]

It may seem that franchise has many benefits since it allows for a person to open and operate a business without much knowledge of how to run a business and generally franchises are well advertised so not much marketing costs are needed, however negative impacts are much more, since you need to pay lifetime percentages for sales and operating under franchise as well as there is no room for creativity and too much dependence on a big business. Also the funds needed to open a franchise are much higher than same business but operating independently. So negative side is prevailing.

7 0
4 years ago
Other questions:
  • True or false: savings accounts generally offer a higher yield than money markets.
    11·2 answers
  • An asian buyer meets with a broker and asks to be shown homes. if she doesn't ask to see homes in areas with no asian residents,
    9·1 answer
  • Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly dem
    12·1 answer
  • Gilbert, the CEO of a theme park, plans to have branches of the theme park in 20 countries in 10 years' time. To achieve this go
    8·1 answer
  • An investment product promises to pay $42,000 at the end of 10 years. If an investor feels this investment should produce a rate
    9·2 answers
  • Which of the following statements is correct? The journal entry to record bad debt expense requires a debit to bad debt expense
    7·1 answer
  • Davis Hardware Company uses a perpetual inventory system. How should Davis record the sale of inventory costing $620 for $960 on
    9·1 answer
  • Short-run macroeconomic equilibrium is when (Hint: Be careful! Be sure to return to the general definition of equilibrium):
    15·1 answer
  • The modern economy has produced jobs that no longer rely on brute strength, but on social intelligence, open communication, and
    6·1 answer
  • A rigorous framework for understanding the detailed operations of a business is known as:_______
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!