25. A firm that uses weighted average process costing has 400 units in Beginning Inventory that are 80% complete. During the per
1 answer:
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The amount that Harry should pay for the investment is the present value of the net income discounted at the rate of return of 12% is equal to $270,000.
<h3>What do you mean by investment?</h3>Investment refers to the dedication of an asset to acquire growth in value over a duration of time. In finance, the motive of making an investment is to generate a return from the invested asset.
As per the information,
The vacancy rate is given is 5%
The occupancy rate is 100 - 5= 95%
Now, if it is assumed that the income is earned forever, then the present value of the income will be
PV of net income = A/r
A- 32400 , r - 12%
Hence, The amount that Harry should pay for the investment is the present value of the net income discounted at the rate of return of 12% is equal to $270,000.
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Answer:
Answer for the question;
Units of production data for the two departments of PacificCable and Wire Company for November of the current fiscal year areas follows:
Drawing Department Winding Department
Work in process, November 1 7,400 units, 45% completed 3,700 units, 65% completed
Completed and transferred to next
processing department during November 101,400 units 100,100 units
Work in process, November 30 5,600 units, 75% completed 5,000 units, 30% completed
a. If all direct materials are placed inprocess at the beginning of production, determine the directmaterials and conversion equivalent units of production forNovember for the Drawing Department. If an amount is zero, enter in"0".
Drawing Department
Direct Materials and Conversion Equivalent Units ofProduction
ForNovember
Whole Units Direct Materials
Equivalent Units Conversion
Equivalent Units
Inventory in process, November 1
Started and completed in November
Transferred to Winding Department inNovember
Inventory in process, November 30
Total
b. If all direct materials are placed inprocess at the beginning of production, determine the directmaterials and conversion equivalent units of production forNovember for the Winding Department. If an amount is zero, enter in"0".
Winding Department
Direct Materials and Conversion Equivalent Units ofProduction
ForNovember
Whole Units Direct Materials
Equivalent Units Conversion
Equivalent Units
Inventory in process, November 1
Started and completed in November
Transferred to finished goods inNovember
Inventory in process, November 30
Total
is given in the attachment.
Explanation:
