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
Vladimir [108]
3 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]3 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

You might be interested in
Presented below are three independent situations:
Blababa [14]

Answer:

Explanation:

a)

June 30, 2018

Dr Bonds Payable $250,000

Dr Loss on Redemption of bonds $25,500

    Cr Discount on Bonds Payable $20,500

    Cr Cash $255,000

Supporting calculations:

Discount on Bonds Payable = 250,000 -  229,500 = $20,500

Cash = $250,000*102/100 = $255,000

Loss on redemption of bonds = $255,000+$20,500-$250,000 = $25,500

b)

June 30, 2018

Dr Bonds Payable  $200,000  

Dr Discount on Bonds Payable $3,500

    Cr Gain on Bond Redemption  $9,500

    Cr  Cash                                             $194,000

Supporting calculations:

Discount on Bonds Payable = 200000-196500 = $3500

Cash = 200000*97% = $194,000

Gain on Bond Redemption = $200,000 + $3,500 - $194,000 = $9,500

c)

31 Dec

Dr Bonds Payable $30,000  

    Cr Common Stock  $6000

    Cr Paid in capital in excess of par-Common Stock $24000

Common Stock = 30000/1000*$5*40 shares = 6,000

4 0
3 years ago
Describe wage determination in a labor market in which workers are unorganized and many firms actively compete for the services
Kisachek [45]

The market for labor can be divided into two components, labor demand , and labor supply .

Market labor supply curves are determined more by the number of individuals who choose to supply their labor to that market than the number of hours each supplies.

So at higher wage rates relative to other markets, more people choose to supply labor in that particular market and the curve is always up-sloping.

In perfectly competitive labor and product markets, labor supply curves   always measure marginal opportunity costs. The shorter the time period will be and the more specialized the type of labor will be , the less elastic the labor supply curve will be.

To know more about labor supply curve here:

brainly.com/question/13540328

#SPJ4

4 0
2 years ago
_____, a term used to describe lost productivity as a result of an employee using a work computer for personal reasons, is certa
ehidna [41]

Answer:

Cyberloafing

Explanation:

Cyberloafing is a when an employee uses their Internet access at work for personal use while pretending to do legitimate work.

An example of cyberloafing is when an employee is supposed to be entering data on Microsoft excel decides to check her Instagram

7 0
3 years ago
Joe and Nancy are married and file a joint return. They claim Nancy’s father (Walter) and Nancy’s son (Jordan, who is blind) as
telo118 [61]

Answer:

$13,000

Explanation:

The computation of the amount that qualifies as a medical expense with respect to Jordan is given below;

= Special school for the blind + medical equipment

= $10,000 + $3,000

= $13,000

The whole amount should be qualified for the medical expense and out of which the 7.5% of the parents would be for the adjusted AGI could be available for the deduction

4 0
3 years ago
A product is defined as a business product rather than a consumer product on the basis of its _____.​
Phoenix [80]

Answer:

intended use

Explanation:

Products that are in their final form and are ready to be purchased and consumed by individuals or households for their personal satisfaction are classified as consumer products. On the other hand, if they are bought by a business for its own use, they are considered business products.

6 0
3 years ago
Other questions:
  • Diverse regulatory practices _____ the integration process of a global information system (gis). facilitate speed up impede empo
    7·1 answer
  • A neighborhood recreation program serves a total of 280 children who are either 11 years old or 12 years old. the sum of the chi
    11·2 answers
  • Why would you need an EPLS and where do you find one?
    7·1 answer
  • Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Recession 0.
    10·1 answer
  • You were planning to spend your Saturday working at your part-time job, but a friend asks you to go trekking at Karagöl. What is
    13·1 answer
  • Broker Burns is negotiating a first trust deed loan for buyers. The buyers have signed a contract for a fifteen year loan. What
    9·1 answer
  • h. After a promising start, Mercosur, the major Latin American trade agreement, has faltered and made little progress since 2000
    9·1 answer
  • Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single p
    15·1 answer
  • Which of the following might be requested on a typical job application?
    9·2 answers
  • In the balance of payments accounts, goods and financial assets that migrants bring to a country are included in the:_______.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!