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Rina8888 [55]
2 years ago
14

The Filling Department of Lilac Skin Care Company had 4,000 ounces in beginning work in process inventory (70% complete). During

the period, 42,800 ounces were completed. The ending work in process inventory was 6,200 ounces (40% complete). What are the total equivalent units for direct
Business
1 answer:
Sloan [31]2 years ago
7 0

Answer:

Direct Materials = 49,000 units

Conversion Costs = 45,280 units

Explanation:

<em>Hi, your question is incomplete. I have uploaded the full question as image below.</em>

Equivalent units are physical units of outputs expressed as percentage in terms of work done on them.

Equivalent units calculation :

Direct Materials = 42,800 x 100 + 6,200 x 100 % = 49,000 units

Conversion Costs = 42,800 x 100 + 6,200 x 40 % = 45,280 units

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Staci invested $900 three (3) years ago. Her investment paid 10.8 percent interest compounded monthly. Staci's twin sister Shell
tekilochka [14]

Staci's investment is worth today <u>$1,242.58</u>.

Shelli's investment is worth today <u>$1,107.83</u>.

<h3>What is the future value of an investment?</h3>

The future value of an investment is the present value compounded periodically at an interest rate.

The future value can be determined using an online finance calculator as below.

<h3>Data and Calculations:</h3>

Staci's investment = $900

Investment period = 3 years

Interest rate = 10.8% compounded monthly

Stack's twin investment = $800

Investment period = 3 years

Interest rate = 11% compounded quarterly

<h3>Staci's investment:</h3>

N (# of periods) = 36 months (3 x 12)

I/Y (Interest per year) = 10.8%

PV (Present Value) = $900

PMT (Periodic Payment) = $0

<u>Results</u>:

FV = $1,242.58

Total Interest = $342.58

<h3>Shelli's investment:</h3>

N (# of periods) = 12 quarters (3 x 4)

I/Y (Interest per year) = 11%

PV (Present Value) = $800

PMT (Periodic Payment) = $0

<u>Results</u>:

FV = $1,107.83

Total Interest $307.83

Thus, the worth of Staci's investment today is <u>$1,242.58</u>, while Shell's is <u>$1,107.83</u>.

Learn more about determining future value at brainly.com/question/24703884

#SPJ1

6 0
1 year ago
Recommend and describe three (3) different ideas to advertise the office to the general public for Healthcare Community Office.
notka56 [123]

Answer:

a commercial on tv, the local news channel, and a billboard. i hope this helps :)

Explanation:

6 0
2 years ago
Read 2 more answers
Consumer surplus is A. a buyer's willingness to pay for a good plus the price of the good. B. the amount a buyer is willing to p
valentina_108 [34]

Answer:

B. the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.

Explanation:

a consumer surplus is the amount that exceeds the amount that a consumer actually pays for a product and the amount they are willing to pay

5 0
3 years ago
Which of the following statements is most consistent with efficient inventory management? The firm has a:
aalyn [17]

Answer:

The correct answer is letter "A": low incidence of production schedule disruptions.

Explanation:

Efficient inventory management is the approach selected to handle the firm's cash flow efficiently. The approach implies reducing wasting time, diminishing the time the items are stored in the warehouse, and predicting future demand whenever possible. It also involves having little to no disruption in the production schedule.

4 0
3 years ago
Barlow Company's Accounts Payable balance at December 31, 2008, was P1,800,000 before considering the following transactions: •
mrs_skeptik [129]

Answer: The answer is 1950000

Explanation:

✓ Goods in transit on December 31, 2008:

Goods amounting to 100000 will be added into purchases of the year-end because they have already been sold as risk and rewards have been transferred to the Barlow that is goods have been physically dispatched to the Barlow. Hence this will increase accounts payable by 100000.

✓Goods in transit lost:

These words will also be included in the purchases and accordingly in the accounts payable irrespective of the fact that these have been destroyed. These goods were dispatched to the Barlow and therefore risk and rewards also been transferred hence purchase is done from Barlow's perspective.

So:

Total accounts payables are as under

Opening balance: 180000

Goods in transit reached next year:100000

Goods in transit lost:50000

Total: 1950000

4 0
3 years ago
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