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Stells [14]
3 years ago
6

Maplewood Co. uses process costing to account for the production of canned energy drinks. Direct materials are added at the begi

nning of the process and conversion costs are incurred uniformly throughout the process. Cost per equivalent unit has been calculated to be $4.00 for conversion costs and $3.00 for materials. 2,000 units were in beginning inventory (100% complete for materials, 80% for conversion). 8,000 units were started and completed during the period. Ending inventory still in process was 4,000 units (100% complete for materials, 40% forconversion). The value of ending inventory using the FIFO method would be:______.
A. $18,400.00B. $23,133.20C. $31,933.20D. $65,000.00
Business
1 answer:
Naya [18.7K]3 years ago
6 0

Answer:

A. $18,400.00

Explanation:

The computation of the  value of ending inventory using the FIFO method would be shown below:

Value of ending inventory = Materials + Conversion costs

where,  

Materials = (4000 units × 100%) × $3 per unit

= $12,000

And,  

Conversion costs = (4000 units × 40%) × $4 per unit

= $6,400

So, the ending inventory is

= $12,000 + $6,400

= $18,400

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SIZIF [17.4K]

Answer:

C.Implied warranty

Explanation:

An implied warranty is an assumed assurance that the product purchased is fit to function as intended. The implied warranty can be oral, written, or silent.

An implied warranty protects customers from dishonest traders. All products and some services carry an implied warranty, written or not. The warranty guarantees that the product conforms to the buyer's expectations. For example, if you buy a car, you expect the engine to start and the vehicle to move.

Frank has an implied warranty. He's expectations are the blind will work. Products with an implied warranty may also come with other forms of assurances such as express or full warranties.

8 0
3 years ago
Panjim's 2005 cash flow from operations is:________.
nignag [31]

Answer:

I think it is D I hope this helps if it didn't tell me

8 0
3 years ago
What song lyric from the Rolling Stones expresses a powerful economic idea?
Kazeer [188]

Answer:

The correct answer is: "You can't always get what you want".

Explanation:

British well-known rock band "The Rolling Stones" was formed in 1962. Along their hits, we can identify "Paint it black", "Give me shelter", "Wild Horses", "Waiting on a friend" or "You can't always get what you want" (released in 1996) which is a song encouraging people to fight for what they want to achieve even if not all the time what is desired can be obtained.

3 0
4 years ago
To reduce the size of your car payments, many experts recommend making a down payment of at least _____ percent.
marysya [2.9K]

To reduce the size of your car payments, many experts recommend making a down payment of at least <u>20%</u> percent.

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6 0
3 years ago
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klasskru [66]

Answer:

Economic integration

Explanation:

Economic integration can be defined as seen in the question can be defined as the agreement between countries to reduce or remove tariff to ensure that goods and services and other things between both countries.

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Cheers.

5 0
4 years ago
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