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fenix001 [56]
2 years ago
6

oltenberg Co. had the following information for the month of June: Work in process beginning inventory, June 1 3,900 units Units

transferred in 13,300 units Work in process ending inventory, June 30 3,100 units Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process. How many units were completed in June
Business
1 answer:
LuckyWell [14K]2 years ago
6 0

Answer:

14,100 Units

Explanation:

<u>Calculation of Units completed in June:</u>

Units completed in June = WIP Beginning inventory + Units transferred in – WIP Ending inventory

Units completed in June = 3,900 units + 13,300 units - 3,100 units

Units completed in June = 14,100 Units

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Which of the following listings correctly describes the order in which the four types of budgets must be prepared?
professor190 [17]

Answer:

b. Sales, production, direct materials purchases, cash disbursements.

Explanation:

First, you calculate your sales.

Then, the amount produced to fulfill your sales and desired inventory stocks

Based on your production, you can calculate the direct materials purchases

Lastly, with the combination of raw materials purchases, along with other information, you generate the cash disbursements budget

a.- you need to know the production to know how much direct materials do you need. INCORRECT

c.- you can't calculate how much will you pay for the direct materials without knowing how many direct materials are needed. INCORRECT

d.- you need to know the number of sales, to know how much to produce. Else you will be producing without knowing how much do you need. INCORRECT

3 0
2 years ago
Francis, Inc. acquired 40% of Park's voting stock on January 1, 2020 for $420,000. During 2020, Park earned $120,000 and paid di
kirill [66]

Answer:

correct answer is b. $444,000

Explanation:

given data

acquired = 40%

voting stock = $420,000

2020 Park earned =  $120,000

2021 Park earned =  $160,000

paid dividends = $50,000

paid dividends = $40,000

sold half of its stock in Park = $275,000

solution

we get here Balance at December 31 2020 that is express as

Balance at December 31  = Acquisition price  +  share in net income-share in dividend   .........................1

put here value we get

Balance at December 31  =  420000 + (120000 × 0.4) - (60000 × 0.4)

Balance at December 31  = 444000

so correct answer is b. $444,000

7 0
3 years ago
Data concerning Wang Corporation's single product appear below: (Do not round your intermediate calculations.)
Kipish [7]

Answer:

The break-even in monthly dollar sales is closest to $215,000

Explanation:

The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:

Break-even point in units = Fixed expense/(Selling price per unit-Variable expense per unit) = $144,050/($230.00 - $75.90) = 935 units

The break-even in monthly dollar sales = 935 x $230.00 = $215,000

5 0
3 years ago
Sophie made pies and sold them from her food truck to local businesses. This is an example of a(n) Group of answer choices simpl
Dimas [21]

Answer:

direct marketing channel.

Explanation:

A distribution channel is made up of the chain of entities or intermediaries through which goods pass before reaching the end consumer. In the direct marketing channel, a producer delivers the product directly to the end consumer. Direct marketing channel does not have any intermediaries such as wholesalers, distributors or retailers.

Direct marketing is suitable for small business that cannot afford the cost of intermediaries. It is also ideal to manufactures with low volumes of production, or those that cover a small geographical area.  Sophie does direct marketing as she produces and sells to the consumers directly.  By engaging in direct marketing, Sophie is in control of all aspects of distribution.

3 0
3 years ago
Carbohydrates, fats, and proteins, which provide energy
antoniya [11.8K]

Answer:

Explanation:

ALL of 3 provide energy

6 0
3 years ago
Read 2 more answers
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