I believe the answer is B! Let me know if I am right:)
The answer & explanation for this question is given in the attachment below.
Answer:
The correct answer is (D)
Explanation:
Sometimes firms and organisations try to reduce the outstanding stocks in the market. To do so, they purchase back some of those stocks from the open market, such stocks are known as treasury stocks. After that, It is up to the issuer, they can resell it to the public or they can dissolve them completely. After purchasing back, these stocks are no longer considered outstanding.
Answer:
a) $8.00
Explanation:
Beginning work in progress, conversion $15,900
Conversion costs incurred during period $26,500
Total costs to account for $42,400
Cost per equivalent unit for conversion = $42,400/5,300
= $8.00
Therefore, Department X's cost per equivalent unit for conversion costs using the weighted average method would be $8.00
Answer:
Hi there <u>the correct answer will be is C. Distribution</u>
<u>hope it helps to your question!</u>
