1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tomtit [17]
3 years ago
13

The Assembly Department started the month with 24,900 units in its beginning work in process inventory. An additional 309,900 un

its were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 29,900 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month
Business
1 answer:
OleMash [197]3 years ago
6 0

Answer:

304900 units should be transferred to the next processing department during the month.

Explanation:

Work in process : As a name suggest, the Work in process (WIP) is a process in which the work is in under processing or we can say it is not 100 % completed. It can be incomplete in any cycle .

It includes various cost like - direct material , direct labor, overhead, etc.

To find out how much units is to be transferred, the following equation is used which is shown below.

= Opening Work in process inventory + Purchase of inventory - closing work in progress inventory

= 24,900 units + 309,900 units - 29,900 units

= 304900 units

Thus, 304900 units should be transferred to the next processing department during the month.

You might be interested in
Summary financial information for Paragon Company is as follows. Dec. 31, 2014 Dec. 31, 2013 Current assets $ 203,600 $ 254,000
beks73 [17]

Answer:

Current assets:

Amount = 2014 value - 2013 value

             = $203,600 - $254,000

             = -($50,400) (Negative)

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{50,400}{254,000}\times100

                                    = (19.84)%

Plant assets:

Amount = 2014 value - 2013 value

             = $1,397,000 - $831,700

             = $565,300

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{565,300}{831,700}\times100

                                    = 67.96%

Total assets:

Amount = 2014 value - 2013 value

             = $1,600,600 - $1,085,700

             = $514,900

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{514,900}{1,085,700}\times100

                                    = 47.42%

6 0
2 years ago
A well-written job description should:
Yakvenalex [24]
C. clearly outline the job's responsibilities.
I hope that helps! :)<em />
6 0
3 years ago
The Housing Financial Discrimination Act (Holden Act) prohibits all financial institutions from discriminating in real estate lo
Rainbow [258]

Answer:

Redlining

Explanation:

Redlining stems from discrimination that consists denial of services, maybe financial based on the group one may fall under such as race, ethnicity or location. The Holden act(1977) is a real estate act of California meant to protect individuals from discriminations such as ones that involve denial of mortgage loan on the basis of something other than the credit worthiness of the individual . These discriminations could take the form of mortgage loan and, insurance loan denials or other financial services based on creditworthiness history of the group the person may fall under and not necessarily the individual's qualifications on his own

8 0
2 years ago
Owners of defective used cars have more information about the condition of their vehicles than potential buyers of those used ca
lakkis [162]

Answer:

D. asymmetric information.

Explanation:

Owners of defective used cars have more information about the condition of their vehicles than potential buyers of those used cars. This is an example of an asymmetric information.

An asymmetric information can be defined as a situation wherein there's an imperfect flow of information or knowledge between the buyer and the seller of a product; sellers having more knowledge than the buyer of a product.

4 0
2 years ago
Why is interest typically paid on a loan? A. to compensate the borrower for borrowing from a specific lender B. to ensure that p
Svet_ta [14]

Answer:

The correct answer is option D.

Explanation:

An interest rate is an amount charged by a lender on the use of assets. It is expressed as a percentage of the principal. The interest rate is the return on lending for a lender and the cost of borrowing for the borrower.  

Interest is typically paid on a loan to compensate for the opportunity cost of lending money. A lender could invest the money instead of lending and get a higher return from it.  

To compensate for not using the money for an alternative purpose or for temporarily making do without the money that was lent, the borrower pays a certain percentage of principal to the lender.

4 0
3 years ago
Other questions:
  • Munafo Corporation is a specialty component manufacturer with idle capacity. Management would like to use its extra capacity to
    8·1 answer
  • Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $334,000; the partnership
    7·1 answer
  • In the long run, money demand and money supply determine
    10·1 answer
  • When calculating the inventory turnover at cost, the first step is to calculate A. Cost of goods sold B. Average inventory at re
    6·2 answers
  • People and information systems are​ _________ that can be assigned to​ ______ in a business process.
    13·1 answer
  • When marine life is limited due to the lowest supply of any one of the essential requirements for life, the law of the _________
    14·1 answer
  • When calculating the weighted average flotation cost, the weights should be based on the: O mix of debt and equity that will be
    6·1 answer
  • There are __ in every economy that are used to produce the goods and services that people want and need
    8·1 answer
  • Rod Dall Co. reports net income of $69,000. The income ratios are Rod 50% and Dall 50%. Indicate the division of net income to e
    12·1 answer
  • What is the significance of operation research in modern management?​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!