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Vladimir [108]
2 years ago
10

The following data were taken from the accounting records of the Mixing Department of Kappa Corporation which uses the weighted-

average method in its process costing system: Beginning work in process inventory: Cost $ 19,000 Units 30,000 units Percent completion with respect to materials 100 % Percent completion with respect to conversion 60 % Units completed and transferred out 82,000 units Cost per equivalent unit: Material $ 1.50 Conversion $ 0.75 The cost of units transferred out was: Multiple Choice $167,500 $145,000 $184,500 $149,500
Business
1 answer:
lora16 [44]2 years ago
6 0

Answer:

So answer is c) $184500

Explanation:

Unit completed and transferred out cost :

Total unit cost = (1.50+0.75) = 2.25 per unit

Unit completed and transferred out = 82000

Cost of unit completed and transferred out = (82000*2.25) = $184500

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Wang Co. manufactures and sells a single product that sells for $640 per unit; variable costs are $352 per unit. Annual fixed co
yarga [219]

Answer:

The correct answer is 45%.

Explanation:

According to the scenario, the given data are as follows:

Selling price = $640

Variable cost = $352

Annual fixed cost = $985,500

Current sales volume = $4,390,000

So, we can calculate the contribution margin ratio by using following formula:

Contribution margin ratio = (Contribution margin per unit ÷ selling price per unit ) × 100

Where, Contribution Margin = Selling price - Variable cost

= $640 - $352 = $288

So, by putting the value in the formula, we get

Contribution margin ratio = ( $288 ÷ $640 ) × 100

= 0.45 × 100

= 45%

5 0
3 years ago
When money is acting as a store of value, it allows an individual toA. exchange goods for other goods and services in the econom
Ne4ueva [31]

Answer:

The answer is (B) transfer dollars, and therefore purchasing power, into the future.  

Explanation:

A store of value is best described as a function contained in an asset that allows it to be saved, retrieved, and traded in the future. Money provides this function, alongside other forms of assets such as bonds, gemstones, and precious metals. Other functions of money, include as a medium of exchange and a unit of account.  

5 0
3 years ago
Franklin Aerospace has a quick ratio of 2.00x, $36,225 in cash, $20,125 in accounts receivable, some inventory, total current as
MrRissso [65]

Answer:

8.28 times

Explanation:

The number of times that Franklin Aerospace sell and replaces its inventory shall be determined through following mentioned formula:

Inventory turnover=sales/inventory balance

First we have to calculate the inventory balance which shall be determined as follows:

Quick ratio=current assets-inventory/current liabilities

2= $80,500-inventory/ $28,175

$56,350=$80,500-inventory

Inventory=$80,500-$56,350=$24,150

Now we will the number of times that Franklin Aerospace sell and replaces its inventory:

Inventory turnover=$200,000/$24,150=8.28 times

8 0
3 years ago
Todd Haitz is the marketing manager for the National Basketball Association. Todd analyzes and tracks his marketing campaigns to
Troyanec [42]

Answer:

Which of the below would be an internal KPI Todd would use to track his marketing campaigns?

marketing campaign ROI

Explanation:

The basic way to calculate the ROI of a marketing campaign is to integrate it into the overall business line calculation.

You take the sales growth from that business or product line, subtract the marketing costs, and then divide by the marketing cost.

6 0
3 years ago
: ____ refers to all of the pay and benefits provided to employees for the completion of work.
steposvetlana [31]
The answer is total compensation. 
5 0
3 years ago
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