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Rashid [163]
3 years ago
6

A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout th

e process. For the month of January, there were no units in the beginning work in process inventory; 80,000 units were started into production in January; and there were 20,000 units that were 40% complete in the ending work in process inventory at the end of January. What were the total equivalent units of production for conversion costs for the month of January
Business
1 answer:
Sav [38]3 years ago
5 0

Answer:

Equivalent units of production= 68,000 units

Explanation:

Giving the following information:

Units started and completed= 80,000 - 20,000= 60,000

Units in ending inventory= 20,000 nits that were 40% complete in the ending work in process inventory at the end of January.

<u>To calculate the equivalent units for conversion costs, we need to use the following formula:</u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 60,000 + (20,000*0.4)

Equivalent units of production= 68,000 units

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Agreed! This is so true tho!
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3 years ago
Pina Corporation entered into an operating lease agreement to lease equipment from Badger, Inc. on January 1, 2017. The lease ca
posledela

Answer:

= $80,273

Explanation:

Value of the right of use asset = Value of lease liability - cash incentive received + costs incurred for lease

                  = $82,773 -$ 6,000 + $3,000 + $500

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4 0
3 years ago
While on a trip to South Africa, Elena was impressed with colorful woven outdoor placemats, floor mats, chair cushions, and umbr
iren2701 [21]

Answer:

Before starting her import business, Elena should try to gather relevant information from companies that import goods, and if possible information about companies that import African goods.

Explanation:

Elena might be right about American consumers liking African products, but if importing those goods is too difficult, or is subject to several trade barriers, or some other issues, then Elena might have to reconsider her idea. Sometimes no matter how good a business idea is, if it is impractical to carry out, then t is useless.

6 0
3 years ago
You are a CFP® designee who has been approached by the general partner of Beverage King Industries (BKI) to provide financial pl
Cloud [144]

Answer:

C.

Explanation:

Yes, but only after proper disclosure.

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For me to accept to provide financial planning services to the top executives at BKI. There must be proper disclosure of my brother's investment at BKI as this is professional service.

3 0
3 years ago
carrie's company manufactures household appliances under the brand names best baker and crafty cook, as well as cleaning supplie
kozerog [31]

If carrie's company manufactures household appliances under the brand names best baker and crafty cook, as well as cleaning supplies under the names refresh and mrs. patton's cleaning supplies. this description details carrie's company's product mix.

<h3>What is product mix?</h3>

A product mix can be defined as the amount of  products that are related that a company produced or manufactured  under the same  company brand.

Most companies tend to make use of product mix by producing items that are similar using the same company brand  name for all their items just as in the given scenario in which the company produces or manufactures best baker and crafty cook under the same brand names.

One of the advantage of making use of product mix is that it enables companies to easily get to their customers.

Therefore we can cocnclude that the scenario best illustrate an example of product mix.

Learn more about product mix here: brainly.com/question/10711348

#SPJ1

5 0
1 year ago
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