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Ivenika [448]
3 years ago
13

Forest Company, which uses a weighted-average process-costing system, had 7,000 units in production at the end of the current pe

riod that were 60% complete. Material A is introduced at the beginning of the process; material B is introduced at the end of the process; and conversion cost is introduced evenly throughout manufacturing. Equivalent-unit production costs follow.Material A: $12.50Material B: $2.00Conversion cost: $6.60The cost of the company's ending work-in-process inventory is:A. $88,620.B. $115,220.C. $123,620.D. $147,700.E. some other amount.
Business
1 answer:
Dennis_Churaev [7]3 years ago
4 0

Answer:

B. $115,220

Explanation:

Material A introduced at the beginning of the process = $12.50

Conversion Cost = $6.6*60% = $3.96

Total = $12.5 + $3.96 = $16.46

WIP ending inventory = $16.64*7000 units

WIP ending inventory = $115,220

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Dure Inc. is an athletic shoe-making company in the United States. It successfully sells the same range of shoes in all its inte
Vlad [161]

Answer: Global segmentation

Explanation:

 The global segmentation is one of the type of process in which the consumers or users are get grouped on the basis of their similar needs and the requirements.

In the global segmentation process we categorized the or divide the various types of customers into the different types of groups according to their specific interest related to the products and the services in the market.

The following are some benefits of the global segmentation are as follows:

  • Providing various types of market opportunities
  • Better usage of the resources
  • Profitability  

 Therefore, Global segmentation is the correct answer.

5 0
3 years ago
A wealthy benefactor just donated some money to the local college. This gift was established to provide scholarships for worthy
Mariulka [41]

Answer:

Worth of scholarship today =  $1,000,000

Explanation:

<em>The value of the scholarship can be determined using the present value of a growing perpetuity. A growing perpetuity is an indefinite annual payment that increases by a constant percentage.</em>

<em>The applicable formula is given below;</em>

<em>PV = A/r-g</em>

A-annual payment  one year from now - 35,000

r- interest discount rate - 9.,

g- growth rate - 5.5

The value of the gifts today

= 35,000/(0.09-0.055)

= $1,000,000

5 0
3 years ago
After years of research had been conducted at significant cost, Blanco Chemical Company determined a fertilizer they had been de
vodka [1.7K]

Answer:

as a "Deferred Development Cost" on the Balance Sheet.

Explanation:

IAS 38.57 QUOTED

"Development costs are capitalised only after technical and commercial feasibility of the asset for sale or use have been established. This means that the entity must intend and be able to complete the intangible asset and either use it or sell it and be able to demonstrate how the asset will generate future economic benefits"

The cost is measured (500,000) has the intention and resources to complete the asset and is possible to bring into production so it is possible to capitalize it

5 0
3 years ago
Read 2 more answers
Match each balance sheet item to its correct category.
vodomira [7]

Answer:

See below

Explanation:

Assets, Liabilities, and  Equity form the basis for preparing the balance sheet. They make the accounting equation of Assets= Liabilities + Equity.

<u>Assets </u>are the valuables a business owns. They can be in the form of cash, money in the banks, financial instruments, properties, machines, or motor vehicles.

<u>Assets will be</u>

  • Cash
  • computers,
  • furniture

<u>Liabilities </u>are what the business owes to third parties and supplies. Liabilities are usually in the monetary form, such as loans, rent, and accounts payable.

<u>Liabilities</u>

  • Rent,
  • Loan
  • wages payable,

<u>Equity</u> is the owner's contribution to the business. They include capital and retained earnings.

Equity

  • retained owners
  • personal investment earnings,

4 0
3 years ago
An) _____ is a simple project management planning tool used to break the project plan into smaller and smaller steps.
GrogVix [38]

Answer:

WBS

Explanation:

Work breakdown structure

6 0
2 years ago
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