When inflationary pressure occurs, what is happening to the dollar?

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with informatio

MrRissso [65]

Answer:

Cost of completed WIP: 30,240

Total cost of tranferreed-out: 729,990

Explanation:

We assume it works with weighted-average process costing

Beginning 9,000 50% = 4,500 $22,050

Finished goods 207,000 units

Direct Materials 212,000 units at $1.6

Direct labor $276,000

Overhead $ 107,400

Total Overhead $383,400

started 212,000 units

finished 207,000 units

ending 5,000 units at 75%

EU Conversion Cost 207,000 + 5,000 x 75% = 210,750

Cost per equivalent unit: 383,400 / 210,750 = 1,819217

Cost of beginning WIP comepleted

22,050 beginning + 1.82 x 4,500 = 30,240

Cost of the units transferred to finished goods:

22,050 beginning WIP balance

+ 207,000 x $1.6 materials

+ 207,000 x $1.82 conversion cost

Total: 729,990

7 0

3 years ago

An Internet search for information about franchise businesses will not help you find out A. the variety of franchise businesses

Nata [24]

Answer:

C. start-up costs

Explanation:

internet is a source of an easy access to a wide amount of available information, but no internet search will be able to provide B. the number of hours that a person will have to put in to make a start up successful, as it depends from person to person and industry to industry D. support you'll receive from the parent corporation, because again it is a highly variable factor A. the variety of franchise businesses available because it is again a highly varying piece of information

8 0

3 years ago

When the accounts of Blue Inc. are examined, the adjusting data listed below are uncovered on December 31, the end of an annual

torisob [31]

Answer:

1.-

insurance expense 1,020 debit

prepaid insurance 1,020 credit

2.-

rent revenue 1,650 debit

cash 1,650 credit

cash 1,650 debit

unearned revenue 1,650 credit

unearned revenue 1,100 debit

rent revenue 1,100 credit

3.-

advertizing expense 535 debit

advertizing supplies 535 credit

4.-

interest expense 802 debit

interest payable 802 credit

Explanation:

2-years of 4,896 AKA 24 months

months outstanding during the year: August 1st to December 31th: 5 months

4,896 x 5/24 = 1,020

purchases of advertising materials 801

materials on hand at year-end (266)

advertising expense 535

we must reverse the entry as the rent revenue wasn't accrued yet we have unearned revenue and at year-end we adjust for the earned protion which is 2 months: 1,650 x 2/3 = 1,100

as the inerest are accrued it means we aren't paying them at year-end

5 0

3 years ago

According to the concept of ________, decisions are made solely on the basis of their outcomes, ideally to provide the greates

adell [148]

Answer:

The correct answer is letter "A": utilitarianism.

Explanation:

Utilitarianism is a term used in philosophy, economics, and law. It is a moral concept that explains that individuals are constantly looking for maximizing pleasure while avoiding any kind of harm. This theory states is based on the belief that the greatest should be given for the greatest amount of people.

British Economist John Stuart Mill (1806-1873) is one of the most relevant characters who promoted that idea.

6 0

3 years ago

Which part of the marketing concept is concerned with using information about present and potential customers to provide a produ

lions [1.4K]

Answer:

The answers are:

Product management involves designing and producing products or services that should satisfy customers's needs.
Pricing establishes the value of the products and services the company sells (ant the profit margins).
Promotion involves all the activities the company should develop to promote or advertise a product or service.
Place involves the activities the company should carry out to deliver its products and make them available to consumers.

8 0

3 years ago