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Sedaia [141]
3 years ago
15

A process with no beginning work in process, completed and transferred out 84300 units during a period and had 50300 units in th

e ending work in process inventory that were 20% complete. The equivalent units of production for the period for conversion costs were:
Business
1 answer:
Jet001 [13]3 years ago
6 0

Answer:

$94,360

Explanation:

Calculation to determine what The equivalent units of production for the period for conversion costs were

Equivalent units of production=[$84,300+ ($50,300 * 20% ]

Equivalent units of production=$84,300+$10,060

Equivalent units of production=$94,360

Therefore The equivalent units of production for the period for conversion costs were $94,360

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At September 1, 2012, Baxter Inc. reported Retained Earnings of $272,000. During the month, Baxter generated revenues of $40,000
LiRa [457]

Answer:

$284,000

Explanation:

Movements in the retained earnings account are as a result of the payment of dividend and the addition of the income or loss for the year.

Given that

Baxter generated revenues = $40,000

incurred expenses = $24,000

purchased equipment = $10,000 and

paid dividends = $4,000

Net income/(loss) = $40,000 - $24,000

= $16,000

Retained Earnings at September 30, 2012

= $272,000 + $16,000 - $4,000

= $284,000

6 0
4 years ago
The Human Development Index (HDI)) includes _____, but GDP per capita does not. Both measurements can be used to measure the sta
scoray [572]

how long people live

7 0
3 years ago
Read 2 more answers
Assume that you purchased a $1,000 convertible corporate bond. Also assume the bond can be converted to 30.303 shares of the fir
gayaneshka [121]

Answer:

The dollar value that the stock must reach before investors would consider converting to common stock is $33.

Explanation:

stock price for conversion = $1000/30.303

                                            = $33

Therefore, The dollar value that the stock must reach before investors would consider converting to common stock is $33.

4 0
4 years ago
The new car you just purchased cost $25,499. You have saved $3,240 for the down payment (made at the time of purchase) and will
tamaranim1 [39]

Answer:

The correct option is |(45) = $41.54, P(45) = $319.52

Explanation:

Loan amount = Price - Down payment = $25499 - $3240 = $22259

Monthly interest rate = i = 5.25%÷ 12 = 0.004375

Number of installments = n =72

Monthly installment=$22,259 × (A/P,0.004375,72)

Calculating the interest factor;

\small (A/P,i,n)=\frac{i}{1-\frac{1}{(1+i)^{n}}}

\small (A/P,0.004375,72) = \frac{0.004375}{1-\frac{1}{(1+0.004375)^{72}}} = 0.0162212

So,

Monthly installment=$22259 × 0.0162212= $361.0677

Now let us calculate the balance after 44th payment

B(44)= [$22,259 × (F/P,0.004375,44)] - [$361.0677 × (F/A,0.004375,44) ]

Calculating the interest factor;

(F/P,0.004375,44) = (1+0.004375)^{44} = 1.2117676

\small (F/A,i,n) = \frac{(1+i)^{n}-1}{i}

\small (F/A,0.004375,44) = \frac{(1+0.004375)^{44}-1}{0.004375} = 48.4040257

So,

B(44)= [$22,259 × 1.2117676] - [$361.0677 × 48.4040257] = $9495.6532

So, interest for 45th payment = I(45) = Balance due × Monthly interest rate

=9495.6532 ×0.004375

= $41.54

Principal associated with 45th payment=Monthly installment-Interest payment

=$361.0667 - $41.5435

= $319.5232

≅$319.52  

6 0
4 years ago
Which of the following is considered a likely result from advertising? A. Brand names offer consumers no new information about p
Margaret [11]

Answer:

B) Signaling theory suggests that expensive testimonials from celebrities indicate a higher quality product.

Explanation:

In advertisement, signalling theory uses a biological approach that celebrities, which are seen as successful, wealthy, powerful, etc. transmit a sense of quality to the products that they endorse or recommend.

For example, Mr. T's breakfast cereal was very successful during the 1980s because customers identified Mr. T with being strong, healthy and powerful. Most people are usually followers, not leaders, and we like to follow our famous celebrities.

7 0
4 years ago
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