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Vesna [10]
3 years ago
12

Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Th

e number of units transferred to finished goods during the year is: Beginning Work in Process (40% complete, $1,100)200 units Ending inventory of Work in Process (80% complete)400 units Total units started during the year3,200 units Multiple Choice 3,200 units. 3,000 units. 3,400 units. 3,160 units.
Business
1 answer:
sweet-ann [11.9K]3 years ago
4 0

Answer:

Results are below.

Explanation:

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Units completed= (3,200 + 200) - 400= 3,000

Equivalent units of production= 3,000 + 400*0.8

Equivalent units of production= 3,320 units

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Which of the following statements is true of direct ownership? It allows transfer of power and management to firms in host count
LUCKY_DIMON [66]

Answer:

Direct ownership provides a firm with equity ownership rights and management control rights.

Explanation:

Direct Ownership refers to the ownership of an equity interest in an enterprise; such equity interest includes : the right to take part in the voting rights in that enterprise; the right to receive unburdened economic interest (such as dividends) entitled to the shareholders of that enterprise; and Broad-based BEE schemes, employee share option schemes (ESOPs) and other employee share schemes, where the beneficiaries have the the capacity to elect and remove trustees  and also have the absolute right to receive economic benefits  .

Thus, Direct ownership provides a firm with equity ownership rights and management control rights.

4 0
3 years ago
If you want to become a firefighter what are some steps you need to take to get there?
bearhunter [10]

Answer:

<h2>All the best :)</h2>

Explanation:

1: Make Sure You're Fit to be a Firefighter.

2: Meet the Requirements & Take the Tests.

3: Prepare for a Firefighting Career: Education Options.

4: Become Trained as an EMT.

5: Receive Firefighter Training at a Fire Academy.

6: Apply to Your Firefighting Dream Jobs.

3 0
3 years ago
What could the owner of a movie theater expect as the possible result from an increase in movie ticket prices?
never [62]

Answer:

C

Explanation:

Fewer Movie goers will pay a hier price

8 0
3 years ago
. Which is NOT a principle of organic farming? (a) Avoiding synthetic fertilizers (b) Keeping as much organic matter as possible
Scilla [17]

Answer: Avoiding the use of fossil fuels

                                               

Explanation:  

There are four principles of Organic Farming which are as follows :-

1. Such farming should sustain and enhance the health of soil, plants, animals as well as of humans.  

2. Such farming should be based on the living ecological systems and cycles and help sustain them.

3. Thus kind of farming is build on relationships that ensure fairness with regard to common environment and life processes.

4. Such farming should be managed in a precautionary and responsible manner to protect the health and well being of current and future generations.

Hence the correct option is A .

8 0
3 years ago
given that jacob's chocolates had owner investments of $4,000; net income during the period of $10,000; and owner withdrawals of
jonny [76]

Based on the owner investments, the net income and the owner withdrawals, the ending balance in the owner's capital account is $13,700

<h3>What is the ending balance in owner's capital?</h3>

The ending balance in the owner's capital can be found as:

= Beginning owner investments + Net income during the period - Owner withdrawals

Solving for the ending balance gives:

= 4,000 + 10,000 - 300

= 14,000 - 300

= $13,700

Find out more on owner capital balance at brainly.com/question/13199093

#SPJ1

3 0
2 years ago
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