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
solniwko [45]
3 years ago
12

Charlie Chairs Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materi

als and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Data for Department A for February 2017 are: Work in process, beginning inventory, 30% converted 200 units Units started during February 800 units Work in process, ending inventory 240 units Costs for Department A for February 2017 are: Work in process, beginning inventory: Direct materials $150,000 Conversion costs $210,000 Direct materials costs added during February $603,000 Conversion costs added during February $429,000 How many units were completed and transferred out of Department A during February
Business
1 answer:
UNO [17]3 years ago
6 0

Answer:

Units transferred out = 760

Explanation:

If we assume that all units are completed in the order of arrival i.e (FIFO), then the units transferred out is the sum of the opening inventory and the units started and completed in the period. The units started and completed in the period is referred to fully-worked.

Fully worked is computed as the units started in the period less the closing inventory .

Fully- worked = 800 - 240 = 560

The units transferred out = opening inventory + Fully-worked

                                          = 200 + 560 = 760

Units transferred out = 760

Note we assumed that the units of the inventory( started last period i.e January) would be worked on first in the month of February  before any other units. So, it is assumed completed by the end of February

You might be interested in
Warby parker can offer cheaper glasses than their competition because they _______.
dexar [7]
Warby Parker can offer cheaper glasses than their competition because they <span>use the same materials and factories as Luxottica without the licensing fees.</span>
Hope this helps!
3 0
3 years ago
Read 2 more answers
Here is an example of a positioning statement for Volvo:
lbvjy [14]

Answer:

The correct answer is letter "D": Other family automobiles.

Explanation:

In Marketing, a positioning statement is the segment a company uses to express how their product fits consumer needs. It can also represent the competitive advantage of the product letting know consumers why they ought to choose the company's product instead of competitors.

The frame of the positioning statement is the context of reference the segment is based on. Thus, in the example:

<em>"For upscale American families, Volvo is the family automobile that offers maximum safety"; </em>

under the context of the <em>family automobiles</em>, Volvo is trying to promote its vehicles as the safest.

7 0
3 years ago
ABC Medical Technology, a fast-growing global research firm, has accumulated so much client information that conventional databa
Alex787 [66]

Answer:

Big data

Explanation:

Big data is defined as the methods of analysing and extracting meaningful insights from data that is so large that traditional data processing methods cannot be used to analyse.

Challenges encountered when analysing big data include data capture, data storage, data analysis, sharing, transfer, visualisation, querying, and updating.

ABC Medical Technology has accumulated so much client information that conventional database management systems cannot handle its customers' needs. It uses big data analysis to extract relevant information.

3 0
3 years ago
Read 2 more answers
starskeep, inc., is a fast-growing technology company. the firm projects a rapid growth of 40 percent for the next two years and
tino4ka555 [31]

When the required rate of return for such stocks is 20 percent, the current price of the stock is 15.63.

<h3>What is stock?</h3>

Stock in finance refers to all of the shares that make up a corporation's or company's ownership. A single share of stock represents fractional ownership of the corporation based on the total number of shares. A stock is a broad term that refers to any company's ownership certificates.

The price will be calculated thus:

D1 = 1.25

D2 = 1.25 × (11+.40)

D3 = 1.25 × (1+.40) × (1+.20)

D4 = 1.25 × (1+.40) × (1+.20)^2

P4 = 1.25 × (1+.40) × (1+.20)^2 × (1+.08)/(.20 - .08)

Note that d is the dividend.

Current Stock Price = 1.25/(1+.20)^1 + 1.25*(1+.40)/(1+.20)^2 + 1.25*(1+.40)*(1+.20)/(1+.20)^3 + 1.25*(1+.40)*(1+.20)^2/(1+.20)^4 + 1.25*(1+.40)*(1+.20)^2*(1+.08)/(.20 - .08)*(1+.20)^4 = 15.625 or 15.63

Therefore, the current price is 15.63.

Learn more about stock on:

brainly.com/question/25818989

#SPJ1

3 0
1 year ago
Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in
Sonbull [250]

<u>Full question:</u>

Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in his warehouse and delivers them to various cabinet makers prior to them completing the cabinets' construction. Trent is a

A. retailer.

B. intrapreneur.

C. service provider.

D. wholesaler.

E. direct marketer

<u>Answer:</u>

Trent is a  wholesaler

<u>Explanation:</u>

A wholesaler acquires the goods from a producer in mass quantity and re-sells it to retailers in tiny portions. Wholesalers obtain a central position in the retailing course set-up. Warehousing is an essential marketing function offered by the wholesaler.

A wholesaler holds a huge accumulation of goods for retailers. Wholesalers support to maintain prices by regulating stocks according to demand. Many wholesalers manage their warehouses for stocking goods. . He also trades goods to the retailer on account. Thus, at both edges the wholesaler serves as a financier.

6 0
3 years ago
Other questions:
  • Phillips Corporation purchased 1,000,000 shares of Martin Corporation's common stock, which constitutes 10% of Martin's voting s
    7·1 answer
  • Seadrill Engineering sold software to oil-drilling firms. In addition to providing the software, the company also provides consu
    7·1 answer
  • How do you short term goals differ from long-term goals
    9·1 answer
  • The following transactions are for Oriole Company.
    8·1 answer
  • Robert G. Flanders Jr., the state-appointed receiver for Central Falls, RI, said his city's declaration of bankruptcy had proved
    8·1 answer
  • A pharmaceutical company wishes to focus on an enzyme to develop new medications. What type of study would be of the greatest be
    11·1 answer
  • The workers at State Hospital, a public sector employer, and Acme Inc, a private employer, are subject to speech censorship and
    15·1 answer
  • 43. What is the difference between formal and informal structure?
    7·1 answer
  • A company's new business is said to possess "synergy" with the company's existing business when ____
    14·1 answer
  • The top management of a beverage manufacturing company has put together a team to handle the marketing of its new health drink.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!