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Nikolay [14]
2 years ago
5

Tript Corporation has a process costing system and uses the weighted-average method. The company had 3,000 units in work in proc

ess on February 1 that were 60% complete with respect to conversion costs. During the month, 10,000 units were completed. At the end of the month, 4,000 units remained in work in process that were 40% complete with respect to conversion costs. Materials are added at the beginning of the process. The equivalent units for February for conversion costs were:
Business
1 answer:
Alekssandra [29.7K]2 years ago
6 0

Answer:

11,600 units

Explanation:

Equivalent units for conversion costs :

Equivalent units = 10,000 x 100 % + 4,000 x 40 % = 11,600

The equivalent units for February for conversion costs were: 11,600 units

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Accounting rate of return = 20.53%

Explanation:

<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment.</em>

The simple rate of return can be calculated using the two formula below:

Accounting rate of return

= Annual operating income/Average investment × 100

Average investment = (Initial cost + scrap value)/2

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Accounting rate of return = ( 3080/15,000) × 100 = 20.53%

Accounting rate of return = 20.53%

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Assume an organization's current service level on order fill is as follows:
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Answer:

Answer for the question:

Assume an organization's current service level on order fill is as follows:

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Number of orders per year 5,000

Percent of unfilled orders back-ordered 70%

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Back order costs per order $150

Lost pretax profit per cancelled order $12,500

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d) What is the role of activity-based costing in customer relationship management? In customer segmentation?

is given in the attachment.

Explanation:

Download pdf
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