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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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Complete Question:

A customer wishes to place a buy order for a security that has not been registered with the SEC. The purchase order can be filled if the security:

A. is exempt from SEC registration

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D. is sold to professional investors

Answer:

Is exempt from SEC registration

Explanation:

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If a customer wishes to place a buy order for a security that has not been registered with the Securities and Exchange Commission (SEC). The security may be purchased if the security is exempt from SEC registration.

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3 0
3 years ago
You found your dream house. It will cost you $300000 and you will put down $30000 as a down payment. For the rest you get a 30-y
Andrews [41]

Answer:

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Explanation:

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The NPER shows the time period

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Future value = $0

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The formula is shown below:

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Answer:

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Answer:

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