Answer:
B. 26,000, 24,000.
Explanation:
Stock Company
Equivalent units
Particulars Units % of Completion Equivalent Units
Mat. Conversion Mat. Conversion
Transferred Out 23000 100 100 23000 23000
<u>Ending WIP 3000 100 331/3% 3000 999.9= 1000</u>
<u>Total Equivalent units 26000 24000</u>
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The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.
Equivalent units for materials 26000
and Equivalent units for conversion are: 24000
Answer:
b. A sales discount
Explanation:
Usually, companies gives sales discounts to their customers to encourage them to pay on time for goods purchased by them. The aim is to enable the customers make immediate payment upon purchase of goods instead of buying them on credit.
Most businesses would prefer receiving cash immediately their goods are sold hence create an incentive in the form of sales discounts which is meant to encourage customers make prompt payment.
I think it's market with multiple trading partners.
If we only have one trading partner, we will not be able to fulfill our daily intakes for a certain resoure if somehow the stock is unavailable or the trading relation is ended.
If we have multiple trading partners, we just need to find that specific resources from other partners
Operating cost is $30000
Variable cost per unit is $ 2.50
Selling cost per unit is $3.70
Income for per unit sold = selling cost - variable cost
= 3.70 - 2.50 = 1.20
Income for per unit sold is $1.20
The value of Sales volume to equal the cost can be obtained by the following formula
Sales volume * Income per unit sold = operating cost
sales volume * 1.20 = 300000
sales volume = 3000000/1.20 = 250000 Hence Total sales volume unit to equal the operating cost is 250000 units
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
