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tangare [24]
3 years ago
11

For the month of September, Florida, Inc., incurs a direct materials cost of $12,000 for 7,500 gallons of strawberry lemonade pr

oduced in its Mixing Department. It also incurs conversion costs of $6,000 with 80% completed. If the direct materials cost per equivalent unit was $0.90 in August and the conversion cost per equivalent unit was $1.15 per gallon in August, what is the difference in the direct materials cost per equivalent unit between the two months
Business
1 answer:
Blizzard [7]3 years ago
8 0

Answer:

The difference in the direct materials cost per equivalent unit between the two months is $0.70.

Explanation:

First calculate the direct cost per equivalent unit in September

Direct cost per equivalent unit  = Total Cost / Total Equivalent units

                                                    = $12,000 / 7,500

                                                    = $1.60

<u>Difference between the two months.</u>

September   =  $1.60

Less August = ($0.90)

Difference      = $0.70

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A company has bonds outstanding with a par value of $100,000. The unamortized premium on these bonds is $2,700. If the company r
Lunna [17]

Answer:e. $3,700 gain.

Explanation:

Par value of Bonds =$100,000    

Unamortized premium= $2,700    

Carrying/ Book value of bonds=  Par value of Bonds +Unamortized premium

= $100,000 + $2,700 =$102,700    

Amount at which bonds retired $100,000 x 99% = $99,000  

Gain on retirement of bonds =Book value of bonds- Amount at which bonds retired

=$102,700- $99,000 = $3,700

4 0
3 years ago
Portfolio Expected Return An investor puts 32% of their money in Stock 1 with a 10.15% expected return, 27% of their money in St
geniusboy [140]

Answer:

the expected return of the portfolio is 11.76%

Explanation:

The computation of the expected return of the portfolio is shown below:

= Respective return × Respective weights

= 0.32 × 10.15 +  0.27 × 10.95 + 0.41 × 13.55

= 3.248% + 2.9565% + 5.5555%

= 11.76%

Hence, the expected return of the portfolio is 11.76%

The same should be considered and relevant

6 0
3 years ago
Which action can a user with the standard system administrator profile take? (Choose 3)
Len [333]

Answer:

The correct answers are: A) Assign custom profiles to users ; C) Reset all users passwords; E) Assign feature license to usersAssign custom profiles to users.

Explanation:

Passwords that effectively take these problems into account are known as robust passwords, while those that do not, are called weak. It is important for the security of the organization to create strong passwords, the more robust the passwords are, the less likely they are to be discovered or guessed. There are two options available to reinforce the use of robust passwords:

- The system administrator can create passwords for all users.

- The system administrator can let users create their own passwords, while verifying that the passwords are robust enough.

Creating passwords for all users ensures that they are robust, but it becomes a heavy task as the organization grows. It also increases the risk of users entering their passwords.

For these reasons, most system administrators prefer to let users themselves create their passwords. However, a good system administrator will take appropriate steps to verify that passwords are robust.

5 0
3 years ago
The following information is available for the year ended December 31: Beginning raw materials inventory$12,000 Raw materials pu
posledela

Answer:

Direct material used= $88,600

Explanation:

Giving the following information:

Beginning raw materials inventory$12,000

Raw materials purchase 88,000

Ending raw materials inventory 11,400

<u>To calculate the direct material used in production, we need to use the following formula:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 12,000 + 88,000 - 11,400

Direct material used= $88,600

3 0
3 years ago
In the digital-age workplace, lines of authority are less defined. The availability of information to all employees has increase
Kazeer [188]

Does a picture come with it

7 0
3 years ago
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