Answer:
$115,000
Explanation:
Data provided as per the question is below:-
Beginning balance = $81,000
Direct material issued = $27,000
Direct labor incurred = $7,000
The computation balance Process Inventory is shown below:-
Balance in the Work-in-Process Inventory = Beginning balance + Direct material issued + Direct labor incurred
= $81,000 + $27,000 + $7,000
= $115,000
An organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>
<h3>What is
establish an ethical code of conduct?</h3>
Ethical code of conduct can be defined as a set of guidelines, policy, rules and regulation that a person is expected to follow and abide by in an organization.
This code of conduct enables us to know the organization norms and values as well what is right and what is wrong which in turn means that it enables us to know the right things to do and thing to to avoid.
The code of conduct encourage ethical act which is to be honest and to have integrity among others and as well discourage unethical behavior in an organization which is why most organization has ethical code of conduct that enables their employee or workers to known the ethical ways they should behave.
Therefore an organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>
Learn more about establish an ethical code of conduct here:brainly.com/question/28465686
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Answer: The amount of gross margin Mazer would report if the company uses absorption costing is $1350.
Explanation:
Given that,
Mazer Manufacturing Company produced = 2,000 units of inventory
Units Sold = 1,800 units
Variable product cost = $4 per unit
Fixed manufacturing overhead cost = $2,500
Sales price of the products = $6 per unit
Fixed manufacturing cost per unit =
=
= $1.25 per unit
Unit Product cost under Absorption costing = Variable product cost + Fixed manufacturing cost per unit
= 4 + 1.25
= $5.25
∴ Gross margin under Absorption costing = Sales Revenue - Cost of goods sold
= Units sold × sales price - Units sold × Unit Product cost under Absorption costing
= 1800 × 6 - 1800 × 5.25
= 10800 - 9450
= $1350
Answer and Explanation:
The categorization is as follows:
For Poor Mission Statements:
1. Lists all or all kinds of the products the organization sells
2. is product-oriented
3. is very broad or wide
4. is less or lower than seven words
For Good Mission Statements:
1. Addresses customers the organization serves
2. Is meaningful and relevant
3. Is specific and determined
4. Describes the business the organization is in
5. is market-oriented
6. States what the organization wants to accomplish or achieve
Answer:
$2.25 per unit
Explanation:
The computation of the cost per equivalent is shown below:
= Total conversion cost ÷ total units completed
where,
Total conversion cost is
= Beginning work in process conversion cost + cost of conversion added
= $20,250 + 271,125
= 291,375
And, the number of units is
= Units completed + work in process ending inventory units × completion percentage
= 115,700 units + 23,000 units × 60%
= 115,700 + 13,800
= 129,500 units
So, the cost per equivalent unit for conversion cost is
= $291,375 ÷ 129,500 units
= $2.25 per unit