Answer:
Effect on income= $115,000 decrease
Explanation:
Giving the following information:
Fixed costs= $45,000
Number of units= 20,000
Unitary contribution margin= $8
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= decrease in fixed costs - decrease in contribution margin
Effect on income= 45,000 - 20,000*8
Effect on income= $115,000 decrease
Answer:
Public bank
Explanation:
A public bank is a bank, or a financial institution where a state, municipality would be the owners also it is an entrerprise that are controlled by the government
So as per the given situation the given boston would be acted as an underwriter and engaged in the initial public offering so this represent the public bank
hence, the same would be relevant
Answer: A company that adapts its product features for an international market is pursuing "B. A global strategy of offering products to a worldwide market.".
Explanation: A global business strategy implies participation in the world market and requires adaptation before applying it.
Answer:
Materials = 23,000 units
Conversion Costs = 23,000 units
Explanation:
Note that the weighted-average method is being used to calculate the equivalent units.
Using this method, we are interested only in calculating equivalent units in units that were completed and transferred and units of ending work in process.
<u>Calculation of equivalent units of production for Materials and Conversion Costs.</u>
Materials
Completed and transferred (20,000 units × 100%) 20,000
Ending Work In Process (5,000 units × 60%) 3,000
Equivalent units 23,000
Conversion Cost
Completed and transferred (20,000 units × 100%) 20,000
Ending Work In Process (5,000 units × 60%) 3,000
Equivalent units 23,000
Answer:
a.$16,370.
Explanation:
beginning WIP cost: 11,100
cost added during the period
materials 77,100
direct labor 25,100
overhead 70% of DL = 17,570
total added 119,770
Total cost to be accounted for: 130,870
Cost assignned to
transferred out 114,500
ending WIP 16.370
Total cost assigned to 130,870
As the cost to be accounted and the cost assigned to should match we contruct that and solve for the ending WIP