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Rama09 [41]
3 years ago
10

Barnes and Miller Manufacturing is trying to determine the equivalent units for conversion costs with 10,000 units of ending wor

k in process at 80% completion and 14500 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period?
Business
1 answer:
lutik1710 [3]3 years ago
5 0

Answer:

The equivalent units for conversion costs for the current period is 12,500 units

Explanation:

We know that,

Ending work in progress inventory = Units started - units completed

10,000 units = 14,500 units - units completed

So, units completed = 14,500 units - 10,000 units = 4,500 units

It is given in the question that 80% ending work in progress inventory units is completed,  

So completed units = 10,000 × 80% = 8,000 units

So,the equivalent units of production equals to

= Units completed + completed units in ending inventory

= 4,500 units + 8,000 units

= 12,500 units

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Answer: 4.7%

Explanation:

Expected return is calculated as:

= Risk free return + Beta ( Market risk premium)

10.8% = 5% + (1.22 × Market risk premium)

10.8% - 5% = 1.22market risk premium

5.8%/1.22 = market risk premium

Market risk premium = 0.058/1.22

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Market risk premium = 4.7%

7 0
3 years ago
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Answer:

Please find the complete question in the attached file.

Explanation:

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Providers' bargaining power — In this industry, several companies offer low-cost services, which indicates the suppliers have much less bargaining energy.

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6 0
2 years ago
Goods with many close substitutes tend to have a. more elastic demands. b. less elastic demands. c. price elasticities of demand
Aleksandr-060686 [28]

Answer:

The correct answer is (A)

Explanation:

Normally, goods which close substitutes tend to have more elastic demand as it is easier to switch from one brand to another because they are close substitutes. For example, if the price of Pepsi increases the consumers will easily shift towards Coca-Cola. So, close substitutes are price sensitive and they have high elastic demand compared to other goods.

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3 years ago
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3 years ago
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Anton [14]

Answer:

2. A supply chain is broader than marketing channel

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6 0
3 years ago
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