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3 years ago

15

Explain how petrocalpetrocal did not achieve its target market share in the total gasoline market but still exceeded its financi

al targets. is "market share of overall gasoline market" the correct measure of market share

1 answer:

bonufazy [111]3 years ago

3 0

THATS A CONSPEARACY WITHIN ITSELF! :/

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Lehman Corp. has two departments: Assembly and Testing. Assembly department had beginning inventory of 750 units which were 50%

algol13

Answer:

Total equivalent unit 1,425 units

Explanation:

<em>Under the first-in -first out system, to account for the units completed in a period, it is assumed that the opening inventory units are first completed and the balance represents the newly introduced.</em>

<em>Fully worked represents unit of inventory started this this period and completed this period</em>

Fully worked = completed units - opening inventory

Fully worked = 1200 -750 = 450 units

Item Units Equivalent Units

Opening WIP 750 750×50% 375

Fully worked 450 450× 100% 450

Closing WIP 800 800× 75% <u> 600</u>

Total equivalent unit <u>1,425</u>

Note the opening inventory has 50% work done last period so the balance of 50% i.e (100 - 50) is completed this period

5 0

3 years ago

Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $130,300 Advertising e

Misha Larkins [42]

Answer and Explanation:

The computation is shown below

a. The cost of goods manufactured is

Materials used in product $130,300

Labor costs of assembly-line workers 116,100

Depreciation on plant 62,500

Property taxes on plant 24,300

Factory supplies used 34,000

Work in process inventory at January 1 $14,400

Less: Work in process inventory at december 1 -$17,600

Cost of goods manufactured $364,000

b. The cost of goods sold is

= Opening finished goods + cost of goods manufactured - ending finished goods

= $61,100 + $364,000 - $48,500

= $376,600

8 0

3 years ago

When there is less money in

Drupady [299]

Answer:

the correct answer is

D all of the above

8 0

2 years ago

Acme Investors is considering the purchase of the undeveloped Baker Tract of land. It is currently zoned for agricultural use. I

Ahat [919]

Answer:

Office

Explanation:

Calculation to determine Which would be the highest and best use of this site

The analysis for the Baker Tract is as follows: OFFICE RETAIL

Rent 2,400,000 2,400,000

(100,000*$24=2,400,000)

Less Expenses (960,000) (1,200,000)

(2,400,000*40%=960,000)

(2,400,000*50%=1,200,000)

Cash Flow 1,440,000 1,200,000

(2,400,000-960,000=$1,440,000)

(2,400,000-$1,200,000=$1,200,000)

Cap Rate 0.10 0.11

(13%-3%=0.10)

(14%-3%=0.11)

Property Value 14,400,000 10,909,090

(1,440,000/0.10=14,400,000)

(1,200,000/0.11=10,909,090)

Construction Cost (10,000,000) ( 8,000,000)

(100,000*100=10,000,000)

(80,000*100=8,000,000)

Residual 4,400,000 2,909,090

(14,400,000-10,000,000=4,400,000)

( 10,909,090-8,000,000=2,909,090)

Therefore Based on the above calculation OFFICE would be the highest and best use of this site reason been that OFFICE has the HIGHEST amount of $4,400,000 compare to retail which has $2,909,090.

6 0

2 years ago

Alles Company uses a job costing system that applies factory overhead on the basis of direct labor dollars. No job was in proces

Kazeer [188]

Answer:

(a)

For Job G15:

Direct labor = $20,000

Overhead applied = 16,000

Overhead rate = $\frac{16,000}{20,000}\times 100$

= 0.8 × 100

= 80%

Overhead applied = Direct labor × 80%

= $20,000 × 80%

= $16,000

Overhead is applied on direct labor. Hence, rate is 80%.

Overhead for Job B10 = Direct labor × 80%

= $54,000 × 80%

= $43,200

Therefore,

Total overhead applied = $43,200 + 45,750 + 16,000

= $104,950

(b) Hence,

Overapplied overhead for February:

= Total overhead applied - Actual Overhead

= $104,950 - $68,500

= $36,450

4 0

3 years ago