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Flura [38]
3 years ago
10

Assuming equivalent units of conversion costs is 7,000 units (note this is not the answer for the above question) at the end of

February. Assume Injection Molding Inc. uses the First In First Out (FIFO) process costing method, what is the conversion cost per equivalent unit (rounded to the nearest dollar)
Business
1 answer:
monitta3 years ago
6 0

Answer:

$157 per equivalent unit

Explanation:

Note: <em>The full question is attached as picture below</em>

<em />

Conversion cost per equivalent unit = Conversion costs added during February / Equivalent units of conversion costs

Conversion cost per equivalent unit = $1,100,000 / 7000 units

Conversion cost per equivalent unit = $157.14286

Conversion cost per equivalent unit = $157 per equivalent unit

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E-commerce facilitates the fundamental movement of goods from suppliers to customers. They offer an ideal commerce development to do digital business and improve the global presence. E-commerce has altered the workflow of the business

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3 years ago
the bookkeeper for Blue Spruce Equipment Repair made a number of errors in journalizing and posting, as described below. For eac
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Answer:

Note: The full question is attached as picture below

                               (a)                   (b)                   (c)  

                                In                                      Larger  

                            Balance      Difference       column

1.                               No               $725             Debit  

2.                             Yes                 NA                NA  

3.                              Yes                 NA                NA  

4.                               No               $225            Credit  

5.                              Yes               $684               NA  

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7 0
3 years ago
Which of the following statements is correct regarding a cover letter?
Oxana [17]
The cover letter should be short and direct.
5 0
3 years ago
Which of the following is TRUE of brokers? a. Brokers bring buyers and sellers together and assist in negotiation. b. Brokers re
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Answer:

a. Brokers bring buyers and sellers together and assist in negotiation.

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Brokers are a kind of agents as, they help the buyers find the sellers, and the sellers to find the buyers.

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3 years ago
A peer-review board for alternative dispute resolution usually consists of: A. an equal number of employee representatives and m
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Answer:

The answer is option A) A peer-review board for alternative dispute resolution usually consists of: an equal number of employee representatives and management appointees

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Alternative dispute resolution is an affordable, less time consuming and less formal way of settling workplace disputes. To achieve this feat, a peer review board is constituted.

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