All categories

3 years ago

True or false: Using the weighted-average method, the computation of EUP separates units into direct materials and conversion.

Business

1 answer:

mash [69]3 years ago

4 0

Answer:

True

Explanation:

Equivalent units of production need to be calculated for Materials and Conversion costs separately as the work done (Percentage Completion) towards the outputs may be different in these input elements. This is applicable to Both the weighted-average method and the first-in first-out method.

You might be interested in

The underlying assumption of the dividend growth model is that a stock is worth: Group of answer choices

saul85 [17]

Answer:

Explanation:

A. the same amount to every investor regardless of their desired rate of return.

B. the present value of the future income which the stock generates.

C. an amount computed as the next annual dividend divided by the market rate of return.

D. the same amount as any other stock that pays the same current dividendand has the same required rate of return.

the dividend models are used to determine the value of a stock. It is assumed that the value of the stock is equal to the present value of the cash flows or dividends of the stock

The intrinsic value of a stock can be calculated using various dividend models. some of dividend growth models include:

1. The Gordon constant growth dividend model

2. The two-stage dividend growth model

3. The H-model

4. The three-stage dividend growth model

For example, if the dividend of a share in year 1 and 2 is 50 respectively and the discount rate is 10, the present value of the firm =

50 / (1.1) + 50 / (1.1^2) = 86.78

8 0

3 years ago

Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Depar

liq [111]

Answer:

Equivalent units of materials, labor, and overhead

Materials

Units in Ending Work in Progress (2,600 × 80%) = 2,080

Labor

Units in Ending Work in Progress (2,600 × 60%) = 1,560

Overhead

Units in Ending Work in Progress (2,600 × 60%) = 1,560

Cost of ending work in process inventory for materials, labor, overhead

Materials

Cost = Equivalent units × unit cost

= 2,080 × $ 13.70

= $28,496

Labor

Cost = Equivalent units × unit cost

= 1,560 × $4.70

= $7,332

Overheads

Cost = Equivalent units × unit cost

= 1,560 × $ 7.40

= $11,544

Cost of the units transferred to the next department

Materials = $28,496

Labour = $7,332

Overheads = $11,544

Total = $47,372

Cost reconciliation for January

INPUTS

Beginning Cost + Cost Added $720,752

Total $720,752

OUTPUT

Ending Work in Process $47,372

Completed and Transferred ( 26,100 × 25.80) $673,380

Total $720,752

3 0

3 years ago

What are the main goals of Fiscal Policy?

melisa1 [442]

Answer:

In economics and political science fiscal policy is the use of government revenue collection and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables developed in reaction to the Great Depression of the 1930s, when the previous laissez-faire approach to economic management became unworkable. Fiscal policy is based on the theories of the British economist John Maynard Keynes, whose Keynesian economics theorized that government changes in the levels of taxation and government spending influence aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies used by a country's government and central bank to advance its economic objectives. The combination of these policies enables these authorities to target inflation and to increase employment. Additionally, it is designed to try to keep GDP growth at 2%–3% and the unemployment rate near the natural unemployment rate of 4%–5%.This implies that fiscal policy is used to stabilize the economy over the course of the business cycle.

Explanation:

hope this helps if not please let me know

3 0

2 years ago

What is the main difference between a stock and a bond?

baherus [9]

A bond is a debt instrument. The company or government issuing it borrows your money and pays you a fixed amount of money for the use of the loan you have made available to the company or government. The selling price is usually what the face value of the bond is, but this can vary according to interest rates determined by the Federal Reserve.

A stock is ownership. You own a fraction of the company you've invested in. Sometimes a company pays a dividend. That means that the company has excess funds and decides to pay its shareholders a fraction of what the company brings in. When you buy a stock, you expect to sell it at a higher price than what you bought it at. That's called a capital gain. It's another source of income.

5 0

3 years ago

Read 2 more answers

Lucy Farms Gourmet Bread Base is the brand name for a mix designed for use in bread machines. The mixes are sold in 2-pound cani

GalinKa [24]

The answer is b market

3 0

3 years ago