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Strike441 [17]
2 years ago
7

In the month of April, a department had 600 units in the beginning work in process inventory that were 60% complete. These units

had $61000 of materials costs and $50000 of conversion costs. All materials are added at the beginning of the process and conversion costs are added uniformly throughout the process. During April, 20000 units were completed and transferred to the finished goods inventory and there were 2000 units that were 20% complete in the ending work in process inventory on April 30. During April, manufacturing costs charged to the department were: Materials $2568000; Conversion costs $3006000. The cost assigned to the units in the ending work in process inventory on April 30 was? (Round intermediate calculations to 0 decimal places, e.g. 5,275.)
Business
1 answer:
Eduardwww [97]2 years ago
7 0

Answer:

cost to WIP at April 30th: 300,000

        materials  240,000

       conversion  60,000

Explanation:

<em><u>Materials equivalent units:</u></em>

Materials are addedirely at the beginning of the process thus, all are at 100%

transferred out - beginning x percentage of completion + ending x % completion

20,000 - 600 x 100% + 2,000 x 100% =

20,000 - 600 + 2,000 = 21,400

equivalent cost per unit: 2,568,000 / 21,400 = 120

Ending WIP: 2,000 units x 100% x 120 = $ 240,000

<u><em>Conversion equivalent units</em></u>

transferred out - beginning x percentage of completion + ending x % completion

20,000 - 600 x 60% + 2,000 x 20%

20,000 - 360 + 400 = 20,040 units

equivalent cost per unit CC: 3,006,000 / 20,040 = $ 150

Ending WIP_ 2,000 units x 20% x $ 150 = $  60,000

Ending WIP: 240,000 + 60,000 = 300,000 accumulated cost.

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The credit balance in the accumulated depreciation account represent: <span> the amount of depreciation taken in past years
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3 0
3 years ago
The capabilities used to create the sustainability/green initiatives at Walmart and Target are ______ but less likely to be ____
TEA [102]

Answer:

Letter C is correct. <u>Socially complex; rare.</u>

Explanation:

Organizations are increasingly incorporating ecological sustainability initiatives in their processes and activities, this is mainly due to the phenomenon of social complexity, which is the study of human behavior in several broad and complex circumstances that impact individual and group existence, such as example natural disasters, political movements, marriage practices, emigration patterns and others.

Man is not merely a passive agent, but a searcher for fundamental goals for himself and for society for improvement and survival.

Therefore, it is correct to say that organizations' sustainability initiatives are increasingly present in the current world, and that is why they are not uncommon, because sustainability is already seen as a phenomenon of social complexity, where companies that do not act according to sustainable parameters do not they are well regarded by society, which wants to consume products and services from companies in line with the highest social and environmental standards, which act as an active agent for improving the quality of social life.

4 0
3 years ago
Jim had a car accident in 2019 in which his car was completely destroyed. At the time of the accident, the car had an adjusted b
arlik [135]

Answer:

the deductible loss on the car is $12,000

Explanation:

The computation of the Jim deductible loss on the car is shown below:

Given that

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Now the deductible loss is

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5 0
2 years ago
Matt wants to attend a university in California and is waiting to hear back from schools where he has applied. He has filled out
Andreyy89

Answer:

Getting a work-study job

Working at an on-campus job

Explanation:

The first option that will meet Matt's needs is to get a work-study job. A work-study job is like a financial aid program available in the universities to help students out of their financial needs. Work-study job is a part-time job that will enable Matt to work while studying at the University in California. It allows Matt to engage in a part-time job for some hours a week during his free time, like 20 hours a week while he studies in school and earns some money to subsidize the cost of his studies since Matt wants to avoid paying debt once he is out of school.

A work-study job is the best option for Matt's finance position because it will provide financial assistance for the cost of his education.

The other option for Matt is to work at an on-campus job. This is almost the same as a work-study job because it is a part-time job and carried out only in his free time. It is a part-time job done by students in the university while studying to help their financial needs. The only difference with the work-study job is that the job here will only be done on campus, unlike work-study job which can be done outside the campus. Here Matt will have to get a part-time job on campus and not outside the campus.

7 0
3 years ago
Read 2 more answers
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Answer and explanation:

The EVLN (Exit, Voice, Loyalty, Neglect) model explains how employees react differently in front of dissatisfaction at work. In such a way:

  • Exit:<em> implies quitting or requesting a change of roles within the same organization. </em>
  • Voice: <em>involves providing constructive suggestions about a stressful situation. </em>
  • Loyalty:<em> implies waiting for the issue to be solved by others. </em>
  • Neglect:<em> involves reducing labor efficiency to harm the company's performance. </em>

Thus, in the example, the<em> exit (employee who quits), voice (employee who complains), </em>and<em> loyalty (employee who does nothing)</em> reactions are used by employees even if they share the general idea that payments are low.

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