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]
3 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]3 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 multinational strategy entails having a separate strategy for each nation in which a company markets its products
Studentka2010 [4]
This statement above would be known to be called a (true/false) question, and based on my information, this statement above would be known to be a "true" statement. This would be true in many marketing companies that would be out there. They would always contain a strategy for each nation, and therefore this would then resolve to which a company would produce it's market productions.

Your answer: True
4 0
3 years ago
_____ are one of the inputs to manufacturing and service-delivery processes. a. Subassemblies b. Stock-keeping units c. Finished
Contact [7]

Answer:

a. Subassemblies

Explanation:

Subassemblies are one of the inputs to manufacturing and service-delivery processes. This is because these are small units that need to be assembled separately but then later become part of the final larger manufactured product. Therefore since they are part of the final manufactured product they are an input in the manufacturing process of that larger product needed in order for it to be finished.

3 0
3 years ago
Landor Appliance Corporation makes and sells electric fans. Each fan regularly sells for $40. The following cost data per fan is
olga55 [171]

Answer:$50

Explanation:

3 0
3 years ago
What is meant by taking the stand? Choose all that apply.
amm1812
I think it’s 3 and 4 as the answer.
8 0
3 years ago
Read 2 more answers
The prime minister of Equalia has called for the nation's legislators to enact new legislation designed to shift the country awa
yuradex [85]

Answer:

The most likely problem to arise due to a shift from socialism to capitalism is unequal distribution of wealth.

Explanation:

In a socialist system the businesses and properties are owned by the government. The government ensures equal distribution of income and wealth in the society.

However, in a capitalist system the business and properties are owned by private individuals. People earn income on the basis of their contributions. The government does not interfere in the economy, it's the market forces control the economy.

In a socialist system income redistribution takes place from rich to poor. Such things do not happen in capitalism. So people are mostly to face the problem of unequal distribution of wealth through this shift.

3 0
3 years ago
Other questions:
  • If I reset amiibo data on smash Bros, do I get my sprits back?
    10·2 answers
  • A technology company needs 10 workers experienced in a newly developed programming language. Plenty of applicants express intere
    8·2 answers
  • Whats a marketing plan
    13·1 answer
  • The Assembly Department had 4 comma 500 units of beginning inventory in September​, and 6 comma 000 units were transferred to it
    10·1 answer
  • The 2014 balance sheet of Sugarpova’s Tennis Shop, Inc., showed $560,000 in the common stock account and $5.6 million in the add
    10·1 answer
  • How does knowledge of labor market information assist HR professionals in developing a quality staffing plan?
    15·1 answer
  • The efficient market hypothesis rests on which of the following assumptions?I. Information is widely available to all investors
    8·1 answer
  • When you put money into a checking account, you fill out a
    5·1 answer
  • Land originally purchased for $28,390 is sold for $74,057 in cash. What is the effect of the sale on the accounting equation
    8·1 answer
  • An increase in revenues increases net income, and net income increases stockholders’ equity. True or false?.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!