1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Amiraneli [1.4K]
3 years ago
9

A process with no beginning work in process, completed and transferred out 85500 units during a period and had 49400 units in th

e ending work in process inventory that were 20% complete. The equivalent units of production for the period were:A. 72200 equivalent units.B. 85500 equivalent units.C. 95380 equivalent units.D. 134900 equivalent units.
Business
1 answer:
AlekseyPX3 years ago
8 0

Answer:

C. 95380 equivalent units

Explanation:

Equivalent units is the term used for proportionately equally completed units. This is basically used for allocation of overheads.

Here, actually completed that is 100% complete units = 85,500 units

Further units under work in process = 49,400

Which are 20% complete.

This means that incomplete 49,400 units = 49,400 \times 20% = 9,880 units 100% complete

Thus, total equivalent units = 85,500 + 9,880 = 95,380 units.

You might be interested in
At the end of a fiscal period, expense accounts are closed through
emmasim [6.3K]

Answer:

see the explanation

Explanation:

The temporary accounts get closed at the end of an accounting year. Temporary accounts include all of the income statement accounts (revenues, expenses, gains, losses), the sole proprietor's drawing account, the income summary account, and any other account that is used for keeping a tally of the current year amounts.

3 0
3 years ago
Following is selected financial information from General Mills Inc. for its fiscal year ended May 27, 2018 ($ millions). Cost of
vaieri [72.5K]

Answer:

General Mills, Inc.

Income Statement for the year ended May 27, 2018

Revenue                                        $22,036.6

Cost of goods sold (COGS)              14,438.1

Gross profit                                      $7,598.5

Total expenses, other than COGS    4,490.1

Income before tax                            $3,108.4

Income tax expense                               80.2

Net income                                      $3,028.2

Explanation:

a) Relevant Data:

Revenue $22,036.6

Cost of goods sold (COGS) $14,438.1

Total expenses, other than COGS $4,490.1

Income tax expense $80.2

8 0
3 years ago
Assume your required internal rate of return on similar investments is 11 percent. What is the net present value of this investm
Ksivusya [100]

Answer:

Hello some parts of your question is missing attached below are the missing parts

You are considering the purchase of a small income-producing property for $150000 that is expected to produce the following net cash flows

End of year           cash flow

1                                 $50000

2                                $50000

3                                $50000

4                                $50000

Answer : a) $5122.28  (b)  12.59%  (c) You should make the investment

Explanation:

Internal rate of return = 11 %

initial cash flows = $150000

period = 4 years

Find the NPV (net present value )( using present value tables)

= preset value of cash flows - initial cash flows

= ∑ present cash flows for 4 years - $150000

= $155122.28 - $150000 = $5122.28

The going-in internal rate of return on investment

N (number of years ) = 4

pv  ( present value ) = $150000

PMT = -$50000

Fv ( future value ) = 0

IRR = 12.59% ( making use of the cash flow list in our financial calculator )

8 0
3 years ago
Classify each of the ofllowing as either a policy instrument or an intermediate target, and explain why?
Solnce55 [7]

Answer: The answers are given below

Explanation:

An intermediate target is a variable this isn't controlled directly under the central bank, but one that has a quick response to policy actions. e.g money supply.

A policy instrument is a tool used to manipulate a variable in the economy and achieve a desired objective. e.g. tax rates, interest rates, subsidies etc.

a. The ten-year Treasury bond rate

It is an intermediate target because isn't controlled directly under the central bank but can be linked to an activity in the economy.

b. The monetary base

This is a policy instrument because used to manipulate a variable in the economy and achieve a desired objective.

c. Ml

This is an intermediate target as it cannot be affected directly by the Federal tools.

d. The fed funds rate

This is a policy instrument as it can be affected directly by Fed tools.

5 0
3 years ago
Five hundred small almond growers operate in areas with plentiful rainfall. The marginal cost of producing almonds in these loca
notka56 [123]

Answer:

Explanation:

Where Price equals marginal cost ( MC ) , supply will be made .

A ) Supply curve for rainfed area  almond growers

P = .02 Q

Q = 50 P

Supply curve for drier area growers

P = .04 Q

Q = 25 P

B ) No of growers of rainfed area = 500

no of growers of dry area = 300

Total supply = Qs = 50 P x 500 + 25 P x 300

= 25000 P + 7500 P = 32500 P

C )

Market demand Qa = 105000 - 2500 P

For equilibrium Qa = Qs

32500 P = 105000 - 2500 P

35000 P = 105000

P = 3

D ) Qs = 32500 x 3 = 97500 .

E ) amount by rainfed growers

= 500 x 50 x 3 = 75000

amount by dry area growers = 300 x 25 x 3 = 22500

7 0
3 years ago
Other questions:
  • Department M had 600 units 60% completed in process at the beginning of June, 6,000 units completed during June, and 700 units 3
    12·1 answer
  • As the volume of financing increases, the costs of the various types of financing will ________, ________ the firm's weighted av
    6·1 answer
  • The Bretton Woods institutions are reflective of a ________ economic perspective. a. constructivist b. statist c. liberal d. mer
    7·1 answer
  • Tom sold his home for $140,000 paying a 7% real estate commission. He bought the home for $45,000, paid $2,000 in closing costs,
    7·1 answer
  • Please help meeee!!!!!
    5·1 answer
  • Ahrends Corporation makes 46,000 units per year of a part it uses in the products it manufactures. The unit product cost of this
    7·1 answer
  • Statement Of Owner's Equity Jay Pembroke started a business in April. Prepare a Statement of Owner's Equity using the following
    12·1 answer
  • Shauna Lee Company expects the following for 2024​: • Net cash provided by operating activities of $140,000. • Net cash provided
    6·1 answer
  • FIFO Perpetual Inventory
    10·1 answer
  • What two key values are identified for each performance parameter in the capability development?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!