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
natita [175]
3 years ago
13

Richards Corporation uses the weighted-average method of process costing. The following information is available for October in

its Fabricating Department:
Units:
Beginning Inventory: 81,000 units, 80% complete as to materials and 20% complete as to conversion.
Units started and completed: 252,000.
Units completed and transferred out: 333,000.
Ending Inventory: 30,500 units, 30% complete as to materials and 15% complete as to conversion.
Costs:
Costs in beginning Work in Process - Direct Materials: $37,200.
Costs in beginning Work in Process - Conversion: $79,700.
Costs incurred in October - Direct Materials: $646,800.
Costs incurred in October - Conversion: $919,300.
Calculate the equivalent units of conversion.
a. 221,500
b. 321,375
c. 277,350
d. 337,575
e. 342,150
Business
1 answer:
4vir4ik [10]3 years ago
5 0
The correct answer is C
You might be interested in
St. Claire Manufacturing expects to produce and sell 6,000 units of Big, its only product, for $20 each. Direct material cost is
Taya2010 [7]

Answer:

According to generally accepted accounting principles, inventoriable cost per unit of Big would be $17.00

Explanation:

Absorption Costing method is suitable for external reporting purposes and thus preferred in reporting According to the generally accepted accounting principles (GAAP)

Absorption Costing Includes Both Fixed and Variable <em>Manufacturing Overheads</em> in Product Costings Calculations

<u>Calculation of Inventory  Cost per Unit According to Absorption Costing:</u>

Direct material                                                                       2.00

Direct labor                                                                            8.00

Variable Manufacturing Overhead                                       3.00

Fixed Manufacturing Overhead ($24,000/6,000)              4.00

Inventory Cost per Unit                                                        17.00

5 0
3 years ago
what percentage of motorists have witnessed an act of aggressive driving in the past year, according to the Citizens For Roadsid
Sedaia [141]
Here is the answer to the given question above. According to the Citizens for Roadside Safety, the percentage of motorists that have witnessed an act of aggressive driving in the past year is 70% but only 30% of it admitted their aggressiveness. Hope this answers your question. Have a great day!
3 0
3 years ago
Read 2 more answers
The diffusion of innovation refers to the rate at which consumers ______ a given product or service.
Yuri [45]

Answer:

adopt

Explanation:

4 0
2 years ago
Which aspect of the Omnibus Trade and Competitiveness Act allows a U.S. president the authority to restrict sales of a country’s
Kipish [7]

Answer:

Market Access

Explanation:

Based on the information provided within the question it can be said that the aspect that is being mentioned is known formally as Market Access. This term refers to the process of making sure that anyone who may benefit has fast and easy access to the brands that are being sold and at the correct price, and that there are no unfair restrictions being imposed.

3 0
3 years ago
What will happen to the trade balance and the real exchange rate of a small open economy when government purchases increase, as
kkurt [141]

Answer: When a government purchase increases during a war, be it a local war or a world war. it means that it's savings has reduced, therefore the trade balance will fall. And if the purchase is done to import more goods into the country, the trade balance becomes negative, leading to a deficit.

The exchange rate of the currency will reduce because the country the government is making more currency to be available and surplus, by increasing it's purchase. When they is excess currency in the world market, the currency reduces it value. In a world war, or local war, the exchange rate may not actually reduce because, it will be difficult for the country to have enough money to make its currency to be available in the world market.

7 0
3 years ago
Other questions:
  • When her income increased from $10,000 to $20,000, Heather's consumption of macaroni decreased from 10 pounds to 5 pounds and he
    9·1 answer
  • The US courts are reviewing a case to see whether a work has been reused fairly. What is an example of something they might cons
    11·1 answer
  • Discuss Cultural heterogeneity of South africa
    7·2 answers
  • Use the following information to prepare the September cash budget for PTO Co. The following information relates to expected cas
    15·1 answer
  • To set up a decision tree, you should Multiple Choice
    8·1 answer
  • Rising prices for raw materials, the increasing availability of recycling facilities, and a move toward increased environmental
    11·2 answers
  • I have a question, so I put in a job app at McDonalds Saturday and now it's Monday how long does it usually take for job franchi
    5·1 answer
  • Capital refers to a person's assets<br> True or False
    5·1 answer
  • Which of these career positions typically advise customers of the amount of money they need to support their families in case of
    15·2 answers
  • AWNSER THIS ASAP PLEASE
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!