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
Bingel [31]
3 years ago
12

If conversion costs are added evenly throughout the production process and the unit have made it 50% of the way through the prod

uction process then the percentage completion for conversion costs is ________.
A. 0%B.100%C. 50%D. None of the above
Business
1 answer:
mestny [16]3 years ago
3 0

Answer: C. 50%

Explanation:

From the above question, If conversion costs are added evenly throughout the production process and the unit have made it 50% of the way through the production process then the percentage completion for conversion costs is 50%

You might be interested in
Echo Sound Company just began business and made the following four inventory purchases in June: June 1 150 units $ 780 June 10 2
blsea [12.9K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

June 1: $780/150 units= $5.2 per unit

June 10: $1,170/200 units= $5.85 per unit

June 15: $1,260/200= $6.3 per unit

June 28: $990/150= $6.6 per units

A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand.

Units sold= total units - ending inventory

Units sold= (150 + 200 + 200 + 150) - 210= 490 units

<u>The method with the lowest cost of goods sold will have the highest income:</u>

FIFO (first-in, first-out):

COGS= 150*5.2 + 200*5.85 + 140*6.3= $2,832

LIFO /last-in, first-out)

COGS= 150*6.6 + 200*6.3 + 140*5.85= $3,069

Weighted-average:

Weighted-average price= (5.2 + 5.85 + 6.3 + 6.6)/4= 5.99

COGS= 490*5.99= $2,935.1

The inventory method that will provide the highest gross profit is FIFO.

4 0
3 years ago
A(n) ____________ portfolio maximizes return for a given level of risk, or minimizes risk for a given level of return.
Anastaziya [24]

An efficient portfolio maximizes return for a given level of risk or minimizes risk for a given level of return.

Having an efficient portfolio when preparing a financial planning is undeniably important as this helps you in your decision-making; whether you engage in something while knowing the specific risk of doing that certain action.

8 0
3 years ago
Should i study buisness like is it hard
Len [333]

Answer:

idk, just go for it if its wut u want

Explanation:

8 0
3 years ago
2. A fancy steakhouse in a shopping mall offers a 20% discount to employees of other stores in the mall, provided that they eat
krok68 [10]

Answer:

Different aspects to be considered:

First of all, the steakhouse probably has the most clients between 6 to 8 PM, that is why discounts are not offered during that time.

Second, the discount is offered to only a certain group, employees of other stores, because it is a promotional strategy aimed at increasing the number of clients during slow hours. Since this is a fancy place, it is probably expensive also. Most employees would not actually eat there except on a special event, e.g. birthday or anniversary dinner. Even with the 20% discount, not many of them will actually eat there.

This is something nice to offer, since a shopping mall is a close environment where a lot of different people work together, even if very few will actually take the offer. It is normal that different stores have distinct promotions for the employees that work there. It is similar to offering perks that help create a better working environment between the employees of different stores.

8 0
3 years ago
Smidt Corporation has provided the following data for its two most recent years of operation: The unit product cost under absorp
alexira [117]

Answer:

The solution to this issue can be defined as follows:  

Explanation:

Please find the complete question in the attachment file.  

Direct Substances 9  

Direct jobs 5  

Overhead output variable 5  

Overhead of fixed production 14 = \frac{140000}{10000}

The Unit cost of the item at absorption cost per year 1 = (9+5+5+14)=33

6 0
3 years ago
Other questions:
  • A 10-year semi-annual coupon bond with an $1000 par value pays an annual coupon rate of 6% and the market requires 8% APR. What
    9·1 answer
  • If an economy’s GDP falls, then it must be the case that the economy’s Group of answer choices income falls and saving rises. in
    8·1 answer
  • Select all that apply GAAP and IFRS rules ______. require that the same method be used for both internal and external segment re
    10·1 answer
  • When managing your human resources, _____________ is the process of deciding who should be hired, under legal guidelines, to ser
    14·1 answer
  • Although people with high incomes appear to be happier than those with low incomes, people in the United States in general have
    12·2 answers
  • If you could choose anything to be? (must be in essay)​
    7·1 answer
  • What are human rights
    11·1 answer
  • What is a business opportunity?
    14·2 answers
  • Joe Corporation produces and sells two products. In the most recent month, Product C90B had sales of $19,950 and variable expens
    5·1 answer
  • 4 causes of small business failure​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!