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
GarryVolchara [31]
3 years ago
9

Concord Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled

18900 and ending work in process equaled 1000 units. Concord had no beginning work in process inventory. Conversion costs are applied uniformly throughout production, and all materials are applied at the beginning of the process. How much is the materials cost per unit if ending work in process was 30% complete and total materials costs equaled $86940
Business
1 answer:
Readme [11.4K]3 years ago
5 0

Answer:

the material cost per unit is $4.60 per unit

Explanation:

The computation of the material cost per unit is shown below:

= Total material cost ÷ equivalent units of material

= $86,940 ÷ (18,900 - 1,000) × 100% + 1,000 × 100%

= $86,940 ÷ (17,900 + 1,000)

= $86,940 ÷ 18,900

= $4.60 per unit

Hence, the material cost per unit is $4.60 per unit

The same should be considered and relevant

You might be interested in
Regal Financial Institution specializes in home loans. What type of financial institution is it? savings and loan bank credit un
Serga [27]
Regal Financial institution is a Savings and loan bank. Conventionally,S$L must have a Mortgage dominant of over 65%.

S&L are typically suitable for home loans than commercial banks because they have lower borrowing rates. their emergence was neccessitated by the exclusivity of commercial banks.

3 0
3 years ago
Read 2 more answers
Corner Supply has a current accounts receivable balance of $246,000. Credit sales for the year just ended were $2,430,000. How m
Wewaii [24]

Answer:

See below

Explanation:

Given the above information, the average debtor days is computed as seen below.

= Total receivables / Credit sales × 365

Total receivables = $246,000

Credit sales $2,430,000

Then,

Average debtor days

= $246,000 / $2,430,000 × 365

= 36.95 days

Hence, it would take 36.95 days on the average for credit customers to pay off their debts during this past year

4 0
3 years ago
An investment project provides cash inflows of $570 per year for eight years. What is the project payback period if the initial
vekshin1

Answer:

Invest. Cash Flow   Payback  

-$1,675   $570        2,94  

-$3,275   $570          5,75  

-$4,800   $570        8,42  

Explanation:

The payback period method gives the total time necessary to get back the money invested in a project considering the each year cash flows.

As here the Cash flow are the same each year only it's necessary to divide de amount invested by the annual cash flow expected.

Invest. Cash Flow   Payback  

-$1,675   $570        2,94  = $1,675/$570

-$3,275   $570          5,75   = $3,275/$570

-$4,800   $570        8,42   = $4,800/$570

6 0
3 years ago
What is financial accounting??<br><br>Any one help me ​
AfilCa [17]

Answer:

Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. ... Work opportunities for a financial accountant can be found in both the public and private sectors.

5 0
3 years ago
Read 2 more answers
6. Why do American business owners try to avoid accepting Canadian coins?
fenix001 [56]

Answer:

because America coins and Canada coins is same

Explanation:

pls mark this

3 0
3 years ago
Other questions:
  • A main advantage of enterprise resource planning (erp) is that it describes a _____ that ensures connectivity and easy integrati
    6·1 answer
  • Erica, a team manager, was known for heading projects with diligence and conscientiousness. However, she was insensitive and exc
    7·1 answer
  • Unlike advertising and sales promotion, personal selling can respond only to the questions and objections that the copywriter th
    13·1 answer
  • Venus Diner, a fast food restaurant, has installed two additional billing counters to reduce waiting time for customers. This ha
    8·1 answer
  • In some markets, the government regulates the price of utilities so that they are
    14·1 answer
  • A small clothing firm currently produces 50,000 shirts and blouses per month. The cost of its factory, raw materials, and labor
    11·1 answer
  • Will there always be a demand for inferior goods? how could demand for an inferior good decrease? explain.
    15·1 answer
  • Suppose Cho comes into a large sum of money and decides to lend it out to
    5·1 answer
  • g reported pretax accounting income of $860 million for the current year. Depreciation reported in the tax return in excess of d
    11·1 answer
  • Can somebody help me with this honestly im just to lazy (35 points)
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!