When you borrow $50 from your rich cousin, then pay her back $60. What is the original $50 called

Last month, Vern’s Assembly Department had a unit materials cost of $4.00 and a unit conversion cost of $5.00. The department tr

Mamont248 [21]

Answer:

The total cost of the department’s ending work in process inventory is $684,000

Explanation:

The computation of the total cost is shown below:

= Material cost + conversion cost

where,

Material cost = (Transferred units + ending work in progress) × material cost per unit

= (68,000 units + 12,000 units) × $4

= $320,000

Conversion cost = (Transferred units + ending work in progress × percentage of completion) × material cost per unit

= (68,000 units + 12,000 units × 40%) × $5

= $364,000

Now put these values to the above formula

So, the value would equal to

= $32,000 + $364,000

= $684,000

8 0

2 years ago

、HowTotalRevenueChangesWhenPriceChanges？PleaseusetheElasticityandDemand 订curvetoexplainit.

vlabodo [156]

<h3>When you increase price,you increase revenue on units sold.When you increase price,you sell fewer units.</h3>

Hope this helps

<h2>--SirGerick--</h2>

8 0

2 years ago

For the year ending August 31, Solstice Medical Co. mistakenly omitted adjusting entries for (1) depreciation of $8,400, (2) fee

MrMuchimi

Answer:

Solstice Medical Co.

For the year ended August 31:

Effects of Omissions on (a) revenues (b) expenses (c) net income

(1) depreciation of $8,400 ($8,400)

(2) fees earned not billed $64,400 64,400

(3) accrued wages of $10,600 (10,600)

Net effect +$64,400 +$19,000 +$45,400

Explanation:

a) Data and Analysis of Omitted Adjusting Entries:

(1) depreciation of $8,400: increase expenses and reduce net income

(2) fees earned that were not billed of $64,400: increase revenue and net income

(3) accrued wages of $10,600: increase expenses and reduce net income

8 0

2 years ago

Relationship management is a customer-oriented feature with . response based on customer input, Options product service both non

vovikov84 [41]

The right answer for the question that is being asked and shown above is that: "service " Relationship management is a customer-oriented feature with service <span>response based on customer input</span>

7 0

3 years ago

The Great Crash can be attributed to all of the following reasons EXCEPT a. many people had gone into debt buying consumer items

Paha777 [63]

It would have to be C. For answer A, people going into debt while not being able to pay back te money caused bank failures (Credit). B looks like the same as A, risky loans made by banks to people who are unable to pay them off. Answer C is incorrect because MANY people were not aware of the stok market crash and asked their broker to hand them money. When the broker issued a frantic margin call, other brokers started calling and pretty much everyone had to sell at the same time, which issued the crisis. D is correct and is still happening today.

3 0

2 years ago

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