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vodka [1.7K]
2 years ago
9

The material cost per equivalent unit using the weighted average costing method is calculated as a.total material costs to accou

nt for divided by equivalent units for materials. b.total material costs to account for divided by number of partially completed units for materials
Business
1 answer:
denis-greek [22]2 years ago
7 0

Answer:

total material costs to account for/equivalent units for materials

Explanation:

The formula to calculate the material cost per equivalent unit is given below:

= Total material cost ÷ material equivalent units

It means that if we divide the total material cost by the material equivalent unit so we can ge the material cost per equivalent unit

Hence, the above should be the answer

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When a full set of general purpose financial statements is presented, comprehensive income and its components A. Appear as part
DochEvi [55]

Answer:

D) Must be reported in a presentation that includes the components of other comprehensive income and their total.

Explanation:

Comprehensive income (net income plus other comprehensive income) must be reported in a presentation that includes the components of other comprehensive income and their total.

4 0
2 years ago
Journal EntryThe company has an unadjusted debit balance in Accounts Receivable of $25,000 and an unadjusted credit balance of $
Mkey [24]

Answer:

Sales Discounts 190 debit

   Allowance for Sales Discounts  190 credit

Explanation:

From the current accounts receivable, the company has 10,000 within discount period and t expect the customer will take them so:

10,000 x 2% = 200 expected discount

currenly the accouting balance for the expected discount is 10 so:

200 - 10 = 190 allowance for sales discounts adjustment.

Remember we do this adjustment to match the expenses or discount withthe period they are generated. Not doing so, will imput discount to the next period for transaction which occurs in the current one.

3 0
3 years ago
Over time, members of the supply chain often formalize their relationship by entering into contracts that dictate various terms,
Evgen [1.6K]

Answer:

<em>c) contractual vertical marketing system.</em>

Explanation:

A contractual vertical marketing system <em>requires a legal agreement to manage the overall process between the various levels of the distribution or production chain.</em>

This system allows businesses to take advantage of economies of scale and advertising bounds.

Franchise system, sponsored retail and sponsored wholesale are aspects of a vertical marketing contractual framework.

4 0
3 years ago
When inflationary pressure occurs, what is happening to the dollar?
GaryK [48]

Answer:

A

Explanation:

7 0
2 years ago
ERIC: Hi, Hubert. This is my first economics course, and many of the concepts discussed in class are really confusing. Today the
Ymorist [56]

Answer:

ERIC: Hi, Hubert. This is my first economics course, and many of the concepts discussed in class are really confusing. Today the professor explained that the true cost of going to college includes both the tuition I pay as well as something called the "opportunity cost" of going to college. I don't understand. I pay $32,000 per year in tuition. The tuition is what I pay to the school, so it seems like that should be my true cost!

HUBERT: Hi, Eric. Many concepts in economics can be confusing at first. Let's talk it through.

Economists think of costs a bit differently than just the dollar amount that you pay. To an economist, the true cost of college includes the total value of what you give up in order to acquire your college education. In other words, not only did you give up the tuition money that you paid, but by attending college, you gave up opportunities to do other things with your time as well. This is where the idea of opportunity cost comes from.

The opportunity cost of your decision to go to college is the value of the next best alternative that you gave up. Suppose that your next best alternative to college is to work as a cashier. By not going to college, and taking this job, you could earn $16,000 per year. Then your opportunity cost of college is <u>$16,000</u>, and your total cost of a year of college is <u>$48,000</u> per year.

ERIC: I think I get it now. So when I take into account the opportunity cost of college, the true cost is actually <u>more </u>than just the tuition.

HUBERT: Correct. Thinking about costs in this way will help you make more rational decisions in your everyday life. Now tell me, how can you explain your decision to go to college?

ERIC: I chose to go to college because, for me, the value of a year in college <u>gives me a higher stand and offers me a better long-term opportunity that someone without a college degree.</u>

Explanation:

The question poses a discussion about the opportunity cost of attending college. The understanding behind this is that by choosing to go to college, Eric is forfeiting the opportunity to get a job as a cashier that would earn him $16,000 a year while incurring his college fees of $32,000. Therefore, the total cost of attending college to him should be $48,000.

3 0
3 years ago
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