Answer:
67,600 tons
Explanation:
Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Conversion
Equivalent Units = 55,000 + 18,000 x 70% = 67,600 units
Answer:
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You notice that when a new yoga class is offered at the student recreation center at a highly desirable time, some students from the other yoga classes go to the new class instead. This statement best represents this economic concept people usually exploit opportunities to make themselves better off.
Recreation includes all of the pursuits people make for the purpose of renewing their bodies and brains and adding interest and enjoyment to their free time. Exercises like walking, swimming, meditating, reading, playing games, and dancing are examples of leisure activities.
At its most fundamental level, economics aims to explain how and why we choose the products we do. Scarcity, supply and demand, costs and benefits, and incentives are four fundamental economic ideas that can be used to explain a variety of human decisions.
Learn more about economic concepts here
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Answer:
$45.76
Explanation:
Next dividend = Dividend just paid * (1 + Dividend growth rate) = $3.71 * (1 + 0.036) = $3.84356
Using the formula for the dividend discount model, we can calculate he price per share of the company's stock as follows:
Stock price = Next dividend / (Required return - Dividend growth rate) = $3.84356 / (0.12 - 0.036) = $45.76
Therefore, the price per share of the company's stock is $45.76.
In class 2 ., The Model D is the Top/ favorite one having highest market return (24%) with lowest inventory cost ($79)
Explanation:
To Determine the value of the inventory at the lower of cost or market applied to each item in the inventory. simply we should calculate the profit margin for each category
Profit margin = (market value - cost price) = Profit ÷ cost price × 100
Class 1:
Model A
46 $116 $139
Profit margin = (139 - 116) = 23 ÷ 116 × 100 = 19.32%
Model B
49 243 239
Profit margin = (239 - 243)= -4 ÷ 243 × 100 = - 1.65% (loss)
Model C
43 233 252
Profit margin = (252 - 233) = 19 ÷ 233 × 100 = 8.15%
Class 2:
Model D
37 79 98
Profit margin = (98 - 79) = 19 ÷ 79 × 100 = 24%
Model E
6 151 130
Profit margin = (130 - 151) = - 21 ÷ 79 × 100 = -13.91 % (loss)
Result
In class 1
Model A is preferable., It has the lowest inventory value and has highest market value (Returns) at 19.82%
In class 2
Model D is preferable., It has the lowest inventory value and has highest market value (Returns) at 24%
Overall the Model D is the Top/ favorite one having highest market return with lowest inventory cost
