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solong [7]
3 years ago
5

During April, the first production department of a process manufacturing system completed its work on 375,000 units of a product

and transferred them to the next department. Of these transferred units, 75,000 were in process in the production department at the beginning of April and 300,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 97,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. Compute the number of equivalent units with respect to both materials used and conversion used in the first production department for April using the weighted-average method
Business
1 answer:
d1i1m1o1n [39]3 years ago
3 0

Answer:

Using the weighted average method, the Equivalent units for material is:

= Units completed and transferred out + Equivalent closing material

= 375,000 + (97,000 units * 80% complete with respect to materials)

= 375,000 + 77,600

= 452,600 units

Equivalent units for conversion:

= Units completed and transferred out + Equivalent closing units with respect to conversion

= 375,000 + (97,000 * 30%)

= 375,000 + 29,100

= 404,100 units

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3 years ago
For practical purposes, sampling with replacement and sampling without replacement are comparable as long as
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6 0
3 years ago
During 2019, Zigma Company earned service revenue amounting to $800,000, or which $645,000 was collected in cash; the balance wi
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$800,000

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Here, since the service revenue earned is $800,000 and same amount would be reported under the income statement, other items given would be ignored.

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8 0
2 years ago
discuss the rationale of organizing an industrial strike in resolving employee dispute with the state,focusing on the detrimenta
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Answer: The answer is given below

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6 0
3 years ago
Lone Wolf Technologies Inc. assembles circuit boards by using a manually operated machine to insert electronic components. The o
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Answer:

Differential analysis for 1 year

                                        Keep old              Change              Differential

                                        machine               machine             amount

sales revenue                  191,000                191,000               0

depreciation expense     -4,840                  -22,760               -17,920

per year

direct materials                -65,200               -65,200               0

direct labor                       -45,300               -15,100                 30,200

power and                        -4,200                 -7,200                  -3,000

maintenance

taxes and                          -1,500                 -5,000                  -3,500

insurance

S&A expenses                  -45,300              -45,300                0

total                                   24,660               30,440                  5,780

If the new machine is purchased, profits will increase by $5,780 every year.

Differential analysis for 5 years

                                        Keep old              Change              Differential

                                        machine               machine             amount

sales revenue                  955,000              955,000             0

depreciation expense     -24,200               -113,800              -89,600

per year

direct materials                -326,000             -326,000            0

direct labor                       -226,500            -75,500               151,000

power and                        -21,000               -36,000               -15,000

maintenance

taxes and                          -7,500                -25,000               -17,500

insurance

S&A expenses                  -226,500           -226,500              0

total                                   123,300             152,200                28,900

If the new machine is purchased, profits will increase by $28,900 for the 5 year period.

6 0
2 years ago
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