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OleMash [197]
3 years ago
9

Assume there was no beginning work in process inventory and the ending work in process inventory is 70% complete with respect to

conversion costs. Under the weighted-average method, the number of equivalent units of production with respect to conversion costs would be: Multiple Choice the same as the units started during the period. the same as the units completed. less than the units started during the period. less than the units completed.
Business
1 answer:
Len [333]3 years ago
3 0

Answer:

less than the units started during the period

Explanation:

The computation of the number of equivalent units of conversion cost would be

units completed during the year    100%

ending work in process    70%

As it can be seen that it is lower than the units that started during the period

Therefore the correct option is c

Hence, all the other options are incorrect

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A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. the present value of an annuity fa
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The present value (PV) of an annuity of P equal periodic payments for n years at r% is given by:

PV=Pa_{n\rceil r}

where a_{n\rceil r} is the <span>present value of an annuity factor for n years at r%.

Given that </span>a<span> company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest and that the present value of an annuity factor for 6 years at 7% is 4.7665.

Then

40000=4.7665P \\  \\ P= \frac{40000}{4.7665} =8,391.90

Therefore, </span><span>the annual annuity payments equals $8,391.90</span>
6 0
3 years ago
The recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are
romanna [79]

Answer:

The need for organisations (which may be governmental or non-governmental) to improve the condition of living of people and protect their environment whilst they pursue increased profitability has been termed

The Triple Bottomline.

It is also referred to by economists as the 3P - People, Planet and Profit.

It speaks to the fact that other than the usual making financial success the sole metric of measurement by which organisations are evaluated, their impact on people and the environment should be considered as well.

In simple terms, a firm should be termed more successful than others if it's activities besides being profitable also impacts positively on people and protects if not improves the environment.

Cheers!

7 0
3 years ago
Rights guaranteed by the First Amendment include _____.
WITCHER [35]
<span>D. all of these is correct</span>
7 0
3 years ago
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Stuart owns 300 shares of Turquoise Corporation stock and 2,000 shares of Blue Corporation stock. During the year, Stuart receiv
Crank

Answer:

The answer is: A) $0

Explanation:

I am assuming Stuart's stock is part of his retirement account. If this is true, then the stock dividends and stock splits are not taxed as they are earned (but they will be taxed later when Stuart starts receiving his distributions).

If Stuart's stock was not part of his retirement account, then he would have to pay taxes (usually a 15% tax rate applies).

5 0
3 years ago
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To maximize utility, a consumer should allocate money income so that the Multiple ChoiceA) elasticity of demand on all products
ikadub [295]

Answer:

D) Marginal utility of the last unit of each product consumed is the same.

Explanation:

To maximize utility with a given income constraint, a consumer must chose products to maximize utility. This can be done so that each extra dollar, which is the marginal income, spent on each of these products yields the equal marginal utility. For example if one product yields more marginal utility per marginal dollar spent, the consumer should reallocate their income so they consume more of this product and less of others, so much so that the utility derived from this product equals utility derived from other products.

Utility is maximized when these marginal utilities per marginal dollar spent coincide.

Hope that helps.

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3 years ago
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