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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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<h3>What is Organisational Architecture?</h3>

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4 years ago
As the price of jeans rises, Levi Strauss is likely to A. decrease production and thus decrease the supply. B. increase producti
LUCKY_DIMON [66]

Answer:

B. Increase production and thus increase the supply.

Explanation:

As the price of Jeans rises, the Levi Strauss is likely to increase production keeping other factors constant as per the law of supply, where quantity is directly proportional to the price of goods and services. As the price of goods increase, the quantity supply of product also increased by supplier or manufacturer to maximize the profit out of the current market condition.

8 0
4 years ago
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lilavasa [31]

Answer:

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3 years ago
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