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
Naily [24]
3 years ago
9

Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process

costing. At the beginning of the month, the forming department has 34,500 units in inventory, 80% complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $79,100 consisted of $56,200 of direct materials costs and $22,900 of conversion costs. During the month, the forming department started 490,000 units. At the end of the month, the forming department had 30,000 units in ending inventory, 85% complete as to materials and 35% complete as to conversion. Units completed in the forming department are transferred to the painting department. Cost information for the forming department follows.Beginning work in process inventory $ 79,100
Direct materials added during the month 1,650,395
Conversion added during the month
Business
1 answer:
Roman55 [17]3 years ago
8 0

Answer:

See attached file

Explanation:

You might be interested in
The buyer and seller of merchandise must agree on who is responsible for paying freight terms. Show your understanding of freigh
Bas_tet [7]

Answer:

c,d and e

Explanation:

The correct statements given in the options are as stated below:

(c)-Terms FOB shipping point means the buyer accepts ownership when the goods depart the seller's place of business.

<em>This is true because Free on Board shipping means that the seller bears no liability whatsoever once the goods are shipped.</em>

(d)-When the shipping costs are the responsibility of the buyer, then the Merchandise Inventory account is debited for the freight charges.

<em>This is true because Free on Board shipping means that the seller bears no liability whatsoever once the goods are shipped, hence the shipping costs are the buyers responsibility and will form part of the costs of the goods</em>

(e)-Revenue for the sale will be recorded after the goods reach their destination, if the goods are shipped FOB destination.

<em>This is true because Free on Board destination means that the seller bears all liability whatsoever till the goods are delivered, hence the revenue for the goods can only be recognized upon successful delivery</em>

7 0
3 years ago
vWhat are the most likely consumer market segments for robots? Which consumer characteristics would be important to determine th
PolarNik [594]

Answer:

1- The most relevant segments are young adults between 20-30 years old who generate their own resources because the robots would be expensive.

2- The most outstanding characteristics of consumers would be:

  • People who like technology.
  • That their income level reaches to acquire a robot.
  • That they are adaptable people to the changes

3- Company robots for home cleaning, complete cleaning and cooking could be created.

8 0
3 years ago
Restate the following income statement for a retailer in contribution format. Sales revenue ($100 per unit) $ 98,000 Less cost o
Rudiy27

Answer:

                        <u>Contribution Margin Statement</u>

Sales revenue ($100 x 980)                               $98,000

Less Variable costs:

cost of goods sold ($58 x 980)         $56,840

Commissions expense ($5 x 980)    $4,900

Shipping expense ($3 x 980)            <u>$2,940</u>

                                                                             <u>$64,680</u>

Gross margin                                                       $33,320

Less Fixed costs:

Salaries expense                                $7,900

Advertising expense                          <u>$5,800</u>

                                                                             <u>$13,700</u>

Net Profit                                                             <u>$19,620</u>

5 0
3 years ago
Agent Higgins helps Mrs. O'Malley to enroll in AB Medicare Advantage (MA) plan during the Annual Open Enrollment Period. Mrs. O'
Neko [114]

Answer:

Since Mrs. O'Malley disenrolled form the plan because she was moving away to a location that was not served by the company, Agent Higgins compensation should not be affected.

If Mrs. O'Malley (or any other client) leaves the plan before the 3 month period because she decides to go back to her former provider since she doesn't like this plan (for whatever personal reason), then the company would be able to recoup Agent Higgins's compensation.

4 0
3 years ago
Which bank does not charge at all for using the ATM?
const2013 [10]
Bank A is the answer
6 0
3 years ago
Other questions:
  • Fortress International, a large conglomerate, procures a few component parts from external suppliers and also manufactures some
    14·1 answer
  • Natalie makes $2000 per month she spends 100 on credit card payments what is her debt to income ratio
    7·1 answer
  • Attorneys' fees, entrance fees, train fares, and organization dues are all:_______
    11·1 answer
  • Nadia's credit card has an APR of 12.18% and a grace period of 17 days, and Nadia pays her balance in full every month. If her l
    9·1 answer
  • England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 50 scones per hour or 1 sweate
    9·1 answer
  • (Tco 1) socially adept managers will have a knack for _____.
    11·1 answer
  • Which of the following statements describes the cost of capital?
    5·1 answer
  • It is possible to succeed in practicing business etiquette by simply ______. A. Being courteous and thoughtful b. Sticking to yo
    12·1 answer
  • justify your answer by explaining how the weighted average cost of capital for the company would change if clark uses bank debt
    15·1 answer
  • A practice in which eavesdroppers drive by buildings or park outside and try to intercept wireless network traffic is referred t
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!