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2 years ago

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The senior leadership and board of directors are meeting to determine the key priorities for community Hospital for the year ahe

ad. during this time they also used a SWOT analysis to validate the mission. The resulting document of this session is called?

1 answer:

Pie2 years ago

7 0

Answer:

lol umm i knew it but then forgot

Explanation:

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Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that

FinnZ [79.3K]

Answer:

1.Total Equivalent Units Materials 471,600 Conversion 464,400

2. Cost Per Equivalent Unit Materials $ 1.33 Conversion $ 0.75

3. Cost of Ending Work In Process $ 39528

4. Cost Of Units Transferred Out = $ 936,000

5. Cost Materials $ 627 228 and Conversion $348,300

Explanation:

Builder Products, Inc.,

Weighted-Average Method

1. Equivalent Units

Particulars Units % of Completion Equivalent Units

Materials Conversion Materials Conversion

Transferred Out 450000 100 100 450,000 450,000

<u>Ending WIP 36000 60 40 21,600 14,400 </u>

<u>Total Equivalent Units 471,600 464,400</u>

Transferred Out units are calculated by adding Opening Inventory and production started and subtracting ending inventory units.

Transferred Out units = Opening Inventory+ production started -ending inventory units

Transferred Out units =76,000 + 410,00 - 36000= 450000 units.

2. Cost Per Equivalent Units

Materials Conversion

Cost Of Opening Inventory 117,900 53600

Cost Added 613,080 294,700

Total Costs <u> 624,980 348,300</u>

Equivalent Units 471,600 464,400

Cost per Equivalent Unit 624980/471600 348300/464400

$ 1.33 $ 0.75

3. Cost of Ending Work In Process $ 39528

Materials = 21600 * $ 1.33= $ 28728

Conversion = 14400 * $ 0.75= $10800

We multiply the equivalent number of units with the cost per unit to find the cost.

4. Cost Of Units Transferred Out = $ 936,000

Materials = 450 000 * $ 1.33= $ 598,500

Conversion = 450000 * $ 0.75 = $ 337,500

5. A Cost Reconciliation Report

Materials Conversion

Ending WIP $ 28728 $10800

<u>Transferred Out $ 598,500 $ 337,500</u>

<u>Total </u><em><u> 627 228**</u></em><u> 348,300</u>

These calculated costs reconcile with the costs given in the above data.

Materials Conversion

Cost Of Opening Inventory 117,900 53600

<u>Cost Added 613,080 294,700</u>

Total Costs <u> </u><em><u>624,980** </u></em><u> 348,300</u>

The difference is in the cost of materials which is actually <u> </u><em><u>624,980** and we found it out to be </u></em><u> </u><em><u> 627 228**</u></em><u> .</u> This is because we rounded the Cost per Equivalent Unit of material from $ 1.325 to $1.33

If we multiply 1.325 * 471,600 we get $ 624870 which is almost the same.

5 0

2 years ago

Blue Spruce Corp. started the year with total assets of $304000 and total liabilities of $244000. During the year the business r

erma4kov [3.2K]

Answer:

$305,000

Explanation:

Net income is the amount of money available to a company after the deduction of expenses from revenue. It is calculated as;

Net income = Revenues - Expenses

Given that;

Revenues = $630,000

Expenses = $325,000

Net income = $630,000 - $325,000

Net income = $305,000

Therefore the net income reported by Blue Spruce Corp. For the year is $305,000

3 0

2 years ago

Rios Co. makes drones and uses the variable cost approach in setting product prices. Its costs for producing 30,000 units follow

AnnyKZ [126]

Answer:

1. Variable cost per unit = $150

2. Markup percentage = 34.89%

3. Selling price = $202.33

Explanation:

Variable cost per unit = 70+40+25+15= $150

Fixed cost = 670,000+ 305,000 +285,000= $1,260,000

Fixed cost per unit = 1,260,000/30,000= $42

Profit per unit = <u>Targeted profit</u>

Targeted production unit

= <u>$310,000 </u> =$10.33

30,000

Markup percenge = <u>Fixed cost per unit + profit per unit</u>

Variable cost per unit

=<u>$42+ $10.33</u> = <u>52.33 </u>* <u>100</u> = 34.89%

$150 $150 1

Selling Price = Variable cost per unit + markup

= $150+$42+$10.33

= $202.33

Variable cost-plus pricing is calculated by determining variable costs per unit and adding mark-up which will cover fixed costs per unit and generate a targeted profit margin.

3 0

2 years ago

Read 2 more answers

Samuel K. Jenkins is thirty-five years old and lives in New Mexico. He would like to run for President. What else do we need to

lyudmila [28]

Since he is 35 and lives in the United States we would need to know if he has been a resident within the United States for at least 14 years, and if he was a natural born citizen of the U.S.A.<span />

6 0

2 years ago

Read 2 more answers

Westchester Corp. is considering two equally risky, mutually exclusive projects, both of which have normal cash flows. Project A

inn [45]

Answer:

d. If the WACC is 9%, Project B's NPV will be higher than Project A's.

Explanation:

The internal rate of return is the return in which the NPV is zero i.e cash inflows equal to the initial investment

While the WACC refers to the cost of capital by considering the capital structure i.e cost of equity, cost of preferred stock and cost of debt by taking their weightage

Now if the WACC is 9% so project B NPV would be higher as compared to project A as we can see that project B IRR is greater than the project A IRR

Therefore option d is correct

5 0

2 years ago