From Charlotte's complaint we can conclude that First American was most likely an organic organization.
An organic organization can be described as an organization that has all of its employees working at the same level.
It is flexible, has little layers of management and also has the ability to adapt well to changes. Also the organization is one that has little supervision.
This is obvious because of the claim that employees were not used to so much oversight.
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Answer:
$5,490
Explanation:
Computation for the equivalent units for conversion costs
To complete beginning work in process inventory 360
[400*(1-10%)]
Units started and completed 4,500 (4,900-400)
Ending work in process inventory 630 (900*70%)
Equivalent units for Conversion costs $5,490 units
Therefore the equivalent units for conversion costs is $5,490
Answer:
$2,800
Explanation:
Given that
Total units = 3,000
Purchased inventory = $8,400
Ending inventory = 1,000 units
The computation of cost of its ending inventory is shown below:-
The per unit cost
= $8,400 ÷ 3,000
= 2.8 per unit cost
The cost of ending inventory using weighted average is calculated below
= Ending inventory × Per unit cost
= 1,000 units × 2.8
= $2,800
Answer:
$6.71 per unit
Explanation:
The computation of the cost per equivalent unit for conversion costs is shown below:
As we know that
Cost per equivalent unit for conversion costs is
= Total conversion cost in the month ÷ Equivalent Units of Production
where,
Equivalent units of Production is
= (Beginning Inventory × Percentage completed in the month) + [(Units started in the month - Ending Inventory) × 100%] + (Ending Inventory × percentage completed in the month)
= (32,000 × 30%) + [(84,500 - 38,000) × 100%] + (38,000 × 80%)
= 86,500 units
Now the cost per equivalent unit for conversion cost is
= $580,125 ÷ 86,500 units
= $6.71 per unit
A factory is any place where goods are produced or distributed or services are produced.