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Novosadov [1.4K]
3 years ago
15

Borwan Company uses the weighted-average method in its process costing system. The Assembly Department started the month with 8,

000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 69,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 5,000 units in the ending work in process inventory of the Assembly Department that were 20% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month
Business
1 answer:
Gnoma [55]3 years ago
4 0

Answer:

73,000 units

Explanation:

The computation of equivalent units for conversion costs is shown below:-

Equivalent units = Units transferred ÷ Finished goods + (Units in closing Work in progress × Percentage of completion)

= (8,000 + 69,000 - 5,000) + (5,000 × 20%)

= 72,000 + 1,000

= 73,000 units

Therefore for computing the Equivalent units we simply applied the above formula.

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Explanation:

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3 years ago
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Radar Company sells bikes for $490 each. The company currently sells 4,300 bikes per year and could make as many as 4,620 bikes
Karo-lina-s [1.5K]

Answer:

Radar's additional income for accepting the order is calculated as follows:

Sales - 320 x $460 = $147,200

less Cost of Sales = 320 x $180 + $48,000 = $105,600

Additional Income = $41,600

Explanation:

The additional income of $41,600 is $147,200 - $105,600, which is the result of deducting cost of sales from Sales.

The cost of sales includes the variable cost per bike, including the incremental fixed costs ($48,000) to make this order.

To make a decision whether to accept an order or not, the company needs to consider all variable costs, including the incremental fixed costs.  The resulting additional income is what is available to offset the fixed costs.

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3 years ago
Conducting a double-blind study is easier when assessing the effectiveness of _____ compared with _____.
Vilka [71]
Is any answers option 
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3 years ago
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2015, an auction
VLD [36.1K]

Answer: -13.35%

Explanation:

Based on the information given in the question, the annual rate of return on this painting will be calculated thus:

Sales price of painting = $1,080,000

Cost price of painting = $1,660,000

The sales Price formula is given as

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1,080,000/1,660,000 = (1+r)³

0.65 = (1 + r)³

Annual rate of return r will now be:

= 0.6506^⅓ - 1

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3 years ago
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tekilochka [14]

$24,800 would be the book value of the asset on January 1, 2019

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Straight-line depreciation is a popular depreciation process in which the value of a fixed asset slowly declines over its useful life.

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Divide the estimated useful life (in years) into 1 to arrive at the straight-line depreciation rate.

Multiply the depreciation rate by the asset cost (less salvage value).

For example, if a of $20,000 and a useful life of 5 years. The straight line depreciation for the machine would be calculated as follows: Cost of the asset: $100,000. Cost of the asset – Estimated salvage value: $100,000 – $20,000 = $80,000 total depreciable cost.

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