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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.

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3 years ago
What is a demand relationship?
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Demand relationship is the relationship between the dominant prices of a good and the quantity that will be bought at that price.

Explanation:

Demand can be defined as the quantity of a good that consumers are ready to purchase at different prices at a given period of time.

The basic demand relationship is between potential prices of a good and the quantities that would be bought at those prices. The relationship is always a negative one, this implies that an increase in price will lead to a decrease in the quantity demanded. This negative relationship is represented in the downward slope of the consumer demand curve. Take for instance, if the price of a bag of rice rises from $10 to a price of $20, this is a huge price increase. This increase forces the consumer to demand less of that product at the price of $20 because the new price is more expensive and also very unreasonable for a bag of rice.

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3 years ago
If the insurer offers to renew the policy on different terms, how long does the policyholder have to cancel the policy without b
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Explanation:

If the insurer offers to renew the policy on different terms, how long does the policyholder have to cancel the policy without being penalized?

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4 0
3 years ago
arasota Company obtained land by issuing 3,380 shares of its $12 par value common stock. The land was recently appraised at $146
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Answer:

Dr Land $146,440

Cr Common stock (3,380 shares×$12 par value) $40,560

Cr Paid in Capital in excess of Par common stock $105,880

Explanation:

Arasota Company Journal entry

Dr Land $146,440

Cr Common stock (3,380 shares×$12 par value) $40,560

Cr Paid in Capital in excess of Par common stock $105,880

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The core processes in a value chain must add value for the external​ customers, while support processes
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B. are also part of the value chain

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The primary activities include those activities which add the value to the customer through inbound logistics, outbound logistics, operations, and marketing sales and services

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