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
Bas_tet [7]
3 years ago
15

Link Company uses a process cost system and the weighted average method. During the year the company completed 1,300 units of pr

oduct. Ending inventory consisted of 400 units that were 50% complete. The total dollar cost associated with production of inventory was $90,000. The cost per equivalent whole unit would be which of the following
Business
1 answer:
Tatiana [17]3 years ago
3 0

Answer:

Cost per equivalent unit: $60

Explanation:

Cost per equivalent unit = (Cost of Beginning Work in Progress Inventory + Total production cost during the period) / Equivalent Units of Production (EUP)

Total Production Cost = $90,000

Equivalent Units of production (EUP) = 1,300 + 400 x 50% = 1,500 units

Cost per equivalent unit: $90,000 / 1,500 units = $60

You might be interested in
the main reason suppliers can offer quantity discounts is that,shipping and handling costs per unit are reduced when customers b
Over [174]
Of the packaged deal. When you ship something, then you get that price. 
7 0
3 years ago
Daniels Transport has operating income of $68,200, interest expense of $210, dividends paid of $320, depreciation of $12,400, ot
Kisachek [45]

Answer:

Option (a) is correct.

Explanation:

Given that,

Operating income = $68,200

Interest expense = $210

Dividends paid = $320

Depreciation = $12,400

Other income = $2,100

common stock = $48,500 with a par value of $1 per share

Retained earnings = $29,700

Income before taxes:

= Operating income - Interest expense + Other income

= $68,200 - $210 + $2,100

= $70,090

Net income:

= Income before taxes - Taxes at 21%

= $70,090 - ($70,090 × 21%)

= $70,090 - $14,719

= $55,371

Shares of common stock outstanding:

= Common stock ÷ Par value per share

= $48,500 ÷ $1

= 48,500 shares

Earnings per share:

= (Net income - Preferred dividend) ÷ Shares of common stock outstanding = ($55,371 - 0) ÷ 48,500

= $1.14 per share

Therefore, the earnings per share if the tax rate is 21 percent is $1.14.

3 0
3 years ago
Antiglobalization activists:
QveST [7]

Answer: Option C

Explanation: The anti global activist are individuals who are concerned about the environmental effects on globalization. The anti globalist carries the perception that social and economic equality could be achieved without the negative effects of capitalism.

These activist complain that, if the business organisation are made free to trade then the poor countries like in Africa, will sacrifice their environmental duties for the investment from rich countries.

Hence from the above we can conclude that the correct option is c.

8 0
3 years ago
When market conditions are such that a passively managed portfolio no longer meets its target allocation, the tool most commonly
Assoli18 [71]

Answer:

D) rebalancing

Explanation:

Rebalancing in domain of marketing can be regarded as a process involving realiigment of weighting of portfolio of particular asset. It involves activities such as buying or even selling of asset in portfolio so that desired allocation/ risk is been maintaned. It should be noted that When market conditions are such that a passively managed portfolio no longer meets its target allocation, the tool most commonly used to rectify the situation is rebalancing.

5 0
2 years ago
Bayard organized, and owns and operates, Cypress Tours in the simplest form of business organization. This is
ratelena [41]

Bayard organized, owns, and operates, Cypress Tours in the simplest form of business organization. This is called sole proprietorship.

<h3>What is a sole proprietorship in business?</h3>

A sole proprietorship is a type of business is can be managed and operated by an individual, or a business corporation. There exist no partners in the business corporation.

Therefore, we can conclude that Bayard who owns and operates Cypress TOurs in the simplest form of the business organization runs a sole proprietorship business and not a partnership, franchise, or corporation.

Learn more about sole proprietorship here:

brainly.com/question/19176489

7 0
2 years ago
Other questions:
  • Productivity increases when
    5·1 answer
  • When Andy Forsummer, the owner of Barcelona Restaurants Group, rejects management philosophies that stress employee social relat
    15·1 answer
  • What is a check provided to you by a credit card issuer that you can use to access your credit card line of credit called?
    9·1 answer
  • Chris bought a home for $225,000, putting down 20%. The mortgage is at 6 1/2% for 30 years. Determine his monthly payment
    5·1 answer
  • Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to bui
    12·1 answer
  • Which of the following is not considered to be a liability? Answers: a. Wages Payable b. Unearned Revenues c. Accounts Payable d
    14·1 answer
  • In 2020, Sandhill Co. reported a discontinued operations loss of $1160000, net of tax. It declared and paid preferred stock divi
    7·2 answers
  • ABC Motors ordinarily deals in used cars and does some amount of repair work. Robby entrusted his automobile to ABC Motors to ha
    13·1 answer
  • Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others a
    5·1 answer
  • A portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. Stock B has a beta of .95
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!