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Anit [1.1K]
3 years ago
4

The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production

with respect to conversion for August using the weighted-average inventory method. Units of Product Percent of Conversion Added Beginning Work in Process 273,000 70 % Units started 509,000 100 % Units completed 577,200 100 % Ending Work in Process 204,800 60 %
Business
1 answer:
choli [55]3 years ago
7 0

Answer:

$700,080

Explanation:

The computation of the total equivalent units of production is as follows:

For conversion costs

= Units completed × percentage of completion + Ending work in process × percentage of completion

= $577,200 × 100% + $204,800 × 60%

= $577,200 + $122,880

= $700,080

We simply multiplied the units completed with the completion percentage and then added to ending work in process after considering the completion

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hich of the statements is TRUE? Patents give inventors exclusive rights to sell a product for an unlimited period of time. Copyr
Andrew [12]

Answer:

Patents allow inventors to exclusively sell a product for a specific period of time. Copyrights are legal protections that protect a product from being copied by others for a specific period of time

Explanation:

Patents are a right granted to an inventor to exclusively sell a product for a specific period of time usually for 20 years. During this period, others are prevented from  making, using, or selling the invention.

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3 years ago
Logan, an employee of Argon Industries, earned a salary of $60,000 in year 2. In addition, the following two transactions betwee
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Answer:

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Explanation:

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Now let determine the amount of compensation

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Let plug in the formula

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3 years ago
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