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Vikki [24]
3 years ago
14

. The following data are available for a company's manufacturing activities:Beginning goods in process inventory 5,000 units, 1/

4 of the labor added this periodUnits started and completed 15,000Ending goods in process inventory 6,000 units, 1/2 of the labor added this periodAssume the company uses the weighted-average inventory method. If materials are added when the production process begins and direct labor is applied uniformly throughout the process, what are the equivalent units for direct materials and for direct labor, respectively?A. 21,000; 23,000B. 26,000; 19,250C. 21,000; 19,250D. 26,000; 23,000E. 19,250;19,250
Business
1 answer:
Lynna [10]3 years ago
3 0

Answer:

D. 26,000; 23,000

Explanation:

Equivalent Units (Weighted Average Method) =  Beginning Goods In process + Units Completed + Ending Goods x % of completion

Direct Materials:  5,000 + 15,000 + 6,000 x 100% = 26,000

Direct Labor: 5,000 + 15,000 + 6,000 x 50% = 23,000

Remember: In the weighted average cost system the opening inventory units count as a full equivalent unit of production.

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Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, an auction
Leviafan [203]

Answer:

-5.95%

Explanation:

A = P(1+r)^n

A is the auction price at which the sculpture was sold = $10,331,500

P is the price the sculpture was purchased = $12,417,500

n is the time interval between the year of sales and year of purchase

10,331,500 = 12,417,500(1+r)^3

(1+r)^3 = 10,331,500/12,417,500

(1+r)^3 = 0.832

1+r = (0.832)^1/3

1+r = 0.9405

r = 0.9405 - 1 = -0.0595 = -5.95%

8 0
3 years ago
Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders
dolphi86 [110]

Answer:

The first part of the question is missing, so I looked for a similar question. I'm not sure that it is the same, but it can help you understand how to solve it.  

Paid-In Capital:

Preferred Stock—5%, $11 Par Value; 150,000 shares authorized, 20,000 shares issued and outstanding : $220,000

Common Stock—$2 Par Value; 575,000 shares authorized, 380,000 shares issued and outstanding : 760,000

total dividends distributed:

2018: $9,000

2019: $45,000

preferred dividends = $220,000 x 5% = $11,000

Distributed dividends:

2018:

$9,000 in dividends distributed to preferred stockholders, $0.45 per preferred stock.

2019:

$13,000* in dividends distributed to preferred stockholders, $0.65 per preferred stock.

$32,000 in dividends distributed to common stockholders, $0.084 per common stock.

Since preferred dividends are cumulative, if they are not paid off during a certain year, they will have to be paid in the future before any common dividends are distributed.

5 0
3 years ago
Hearing and listening ___________________.
ivanzaharov [21]

Answer:

b

Explanation:

they happen anyway you can't stop yourself from listening something around you

8 0
2 years ago
Which of these statements is false? A company comparison should not be made with industry averages if the company does not clear
ValentinkaMS [17]

Answer:

A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.

Explanation:

In Business management, it is important to note that many companies will not clearly fit into any one industry.

Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.

Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.

5 0
3 years ago
"In the __________ strategy, you can manipulate _________ to match supply and demand. a. Chase; inventory level b. Chase; invent
makkiz [27]

Answer:

a. Chase; inventory level

Explanation:

Chase Strategy is one of the two aggregate planning methods where the production is set according to demand forecasts. Hence in this type of aggregate planning, the inventory level may be increased for a certain duration to cater for higher demands while it can also be lowered through low production for low forecasts. Hence Inventory level may be manipulated to match supply and demand.

7 0
3 years ago
Read 2 more answers
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