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Black_prince [1.1K]
3 years ago
14

During March, the production department of a process operations system completed and transferred to finished goods 23,000 units

that were in process at the beginning of March and 170,000 units that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 70% complete with respect to labor. At the end of March, 28,000 additional units were in process in the production department and were 100% complete with respect to materials and 70% complete with respect to labor. The production department incurred direct materials cost of $254,800 and its beginning inventory included materials cost of $94,100. Compute the direct materials cost per equivalent unit for the department using the weighted-average method.
a. $1.37.
b. $2.05.
c. $1.58.
d. $1.50.
e. $1.81.
Business
1 answer:
Alchen [17]3 years ago
4 0

Answer:

c. $1.58.

Explanation:

The computation of the direct materials cost per equivalent unit is given below:

Equivalent units for material is

= 100% of 193,000 + 100% of 28,000

= 193,000 + 28,000

= 221,000

Equivalent cost for material is

= $94,100 + $254,800

= $348,900

So, the direct materials cost per equivalent unit is

= $348,900 ÷ 221,000

= $1.58

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Answer: b. mind games and your money

Explanation:

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Sunk costs play a big part in this because we get so attached to the accounts we have put a lot of effort in while neglecting those we have not or do not want to think about. Maria here is proud of her savings account so much so that she does not see the detrimental effect of not paying off the credit card debt which is rising rapidly.

Her savings account is now a sunk cost and she doesn't realize. This principle can help advise her so she understands the games her mind is playing on her and fix it before the damage gets worse.

3 0
3 years ago
Suppose the Federal Reserve releases a policy statement today which leads people to believe that the Fed will be enacting expans
bekas [8.4K]

Answer:

<h2>An expansionary monetary policy by the Federal Reserve would lead to an <u>increase </u> in the demand for US assets and a <u>depreciation</u> in the value of US dollars.Hence the correct answer is option D) or increase;depreciate.</h2>

Explanation:

An expansionary monetary policy commonly entails expansion of money supply thereby reducing the eventual interest rate in order to boost or stabilize the Aggregate Demand(AD) and overall output level or GDP in the economy.Now,as the domestic interest would fall in US due to the expansionary speculations and inflationary indications(increase in money supply),it would consequently lower the value of the US dollars relative to other foreign currencies.This implies that US dollar would depreciate compared to other foreign currencies.This possibility would encourage the importers and international investor or financiers to become more attracted towards the US goods,services and financial assets thereby increasing their demands.Therefore,a depreciation of US dollars would essentially lead to an increase in the demand for US assets in the international market as depreciation of US dollars would also lower the value of US assets in the international market.

3 0
3 years ago
______ is the illegal buying or selling of a company's stock by people using confidential company information.
Dmitry_Shevchenko [17]
I believe it is "Insider Trading".
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3 years ago
Which of the following actions would be the best way to identify one's areas of stregth? a) visit a career fair
Dovator [93]

Answer:

d) Take a self-assessment test.

Explanation:

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So, in order to identify the areas of interest of a person, that person can take a self-assessment test that will help him/ her see what are the strengths, the qualities that he possesses, etc. This self-assessment test will help figure out the pros and cons of that person and help determine the strengths he possesses.

Thus, the correct answer is option d.

8 0
3 years ago
Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial s
Anettt [7]

Answer:

The calculations are shown below:

Explanation:

The computation is shown below:

As we know that

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= Cost of goods sold ÷ Average inventory

So

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= 7.09 times

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1-b Average days to sell inventory is computed by considering the

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So

For year 2015, it is

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= 60.33 days

For year 2014, it is

= 365 ÷ 7.09

= 51.48 days

For year 2013, it is

= 365 ÷ 7.14

= 51.12 days

2. As we can see that the aegis industries inc is performing better than the Snow Pack Corporation as aegis industries has 7.14 times in 2015 as compare to the 5.5 times in 2015  

7 0
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