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
Ede4ka [16]
3 years ago
11

Livingston Co. uses process costing to account for the production of elastic bands. Direct materials are added at the beginning

of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory consisted of $30,000 in materials and $40,000 in conversion costs. April costs were $88,000 for materials and $88,000 for conversion costs. During April 11,200 units were completed. Ending work in process inventory was 5,600 units (100% complete for materials, 50% for conversion). The total cost per unit using the weighted average method would be: (Round your intermediate calculations to 3 decimal places.) Multiple Choice $14.038 $14.360 $14.170 $16.167
Business
1 answer:
AnnyKZ [126]3 years ago
4 0

Answer:

c. $14.170

Explanation:

Equivalent units for materials = (11,200 × 100%) + (5,600 × 100%)

Equivalent units for materials = 16,800

Conversion costs =  (11,200 × 100%) + (5,600 × 50%) = 14,000. Cost per equivalent unit

Conversion costs = ($11,200 + $88,000 )/14,000 = $7.0857  

For materials Cost = ($30,000  + $88,000) / 16,800 = $7.02381

Total cost per unit = $7.0857 + $7.02381

Total cost per unit = $14.10951

You might be interested in
When and under which Act citizen investment trust was established ?
nirvana33 [79]
18th March, 1991

Citizen Investment Trust (Nagarik Lagani Kosh), a statutory institute under Citizen Investment Trust Act, 2047, has ownership of Nepal Government as a public financial organization. It was established on 18th March, 1991(4th Chaitra, 2047B. S) as an autonomous body.
3 0
2 years ago
Read 2 more answers
In the ocean, the greatest amount of heat from incoming solar radiation would transfer to ___
Lina20 [59]

In the ocean, the greatest amount of heat from incoming solar radiation would transfer to the top 10 cm of the surface.

Solar radiation often referred to as solar resources or simply sunlight, is the general term for electromagnetic radiation emitted by the sun. Solar radiation can be captured using a variety of technologies and converted into useful forms of energy such as heat and electricity.

The portion of the spectrum reaching the Earth from the Sun is between 100 nm and 1 mm. This band is divided into three regions: ultraviolet, visible, and infrared.

Radiation can alter the cardiovascular system, damage the heart, harden and constrict arteries, and remove some of the cells lining the blood vessels, causing cardiovascular disease. Radiation exposure can interfere with neurogenesis, the process of forming new cells in the brain.

Learn more about solar radiation here: brainly.com/question/3005929

#SPJ4

3 0
1 year ago
It is anticipated that the worldwide shortage of highly skilled, college-educated workers will increase significantly by 2020, a
Charra [1.4K]

Answer:

A

Explanation:

As by 2020 college educated and skilled workers will be short, so companies instead of hiring more skilled workers are relocating their already hired experts and transferring some of their tedious lower skilled tasks to other workers thus reducing their cost of hiring more experts.

By redefining these __high value__ knowledge jobs, they address ___skill__ shortages and _____lower___ costs while enhancing job satisfaction.

3 0
3 years ago
Harmonization of accounting standards:_______. A. Is the same as convergence of accounting standards.B. Always ensure resulting
astraxan [27]

Answer:

A. Is the same as convergence of accounting standards

Explanation:

Harmonization of accounting standards mean the process of increasing the compatibility of accounting practices by setting bounds for the degree of variations.

The notion of harmonization can be replaced by the concept of convergence.

Harmonization of international accounting standards is an imposition of standards by economically superior countries.

4 0
3 years ago
Miser Materials paid $27,500 in dividends and $28,311 in interest over the past year while net working capital increased from $1
Maksim231197 [3]

Answer:

Cash flow from assets = $51,800

Explanation:

Cash flow from assets = Cash flow to Creditors + Cash flow to Shareholders

Cash flow to creditors = Interest Paid – (New loans taken – Paid Loans)

                                     = $28,311 - ($0 - $21,000)

                                     = $28,311 + $21,000

                                      = $49,311

Cash flow to shareholders = Dividends paid – Net new equity

                                            = $27,500 – $25,000

                                            = $2,500

Cash flow from assets = $49,311 + $2,500 = $51,811

6 0
3 years ago
Other questions:
  • Consider the market for dog walkers that is currently in equilibrium. If the government institutes a minimum wage that is below
    6·1 answer
  • Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Chec
    15·1 answer
  • The following information relates to Oriole Company for the year 2020.
    8·1 answer
  • Amy and Soma discover a stream that flows wine. Amy and Soma decide to bottle the wine and sell it. The marginal cost and the fi
    13·1 answer
  • Why are file naming conventions essential
    5·2 answers
  • When a consumer purchases a product, a demand is created for this item to be __________ by the merchant?
    13·2 answers
  • Estelle has 30 years of experience in your field and has answered your questions giving you advice and help you make contacts sh
    5·1 answer
  • When applying a questioning mindset, what follows identify whether there is sufficient evidence to support the conclusion?.
    5·1 answer
  • Advertising a home for sale in a minority area exclusively in a paper aimed at that minority group would most likely be regarded
    14·1 answer
  • In pure competition, each extra unit of output that a firm sells will yield a marginal revenue that is?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!