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aleksley [76]
2 years ago
11

Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Departmen

t for September. Percent Complete Units Materials Conversion Work in process, September 1 1,200 55 % 10 % Units started into production during September 8,600 Units completed during September and transferred to the next department 7,700 Work in process, September 30 2,100 75 % 25 % Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using the weighted-average method.
Business
1 answer:
Gemiola [76]2 years ago
5 0

Answer and Explanation:

The computation of the equivalent units of production for both materials and conversion costs is given below:

For material

= Units completed + ending work in process × completion percentage

= 7,700 + 2,100 × 0.75

= 9,275 units

And, for conversion cost

= Units completed + ending work in process × completion percentage

= 7,700 + 2,100 × 0.25

= 8,225 units

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Which of the following is a contrary indicator?A) odd-lot tradingB) breadth of market and market volumeC) short-interest and the
garri49 [273]

Answer:

Short Interest and the Advance/Decline line

Explanation:

The Short Interest and the advance/descent line, also known as the AD line, is an indicator of market amplitude that gives the same weight to all the values ​​of an index or market. The advance/descent line, also known as the AD line, is an indicator of market breadth that gives the same weight to all the values ​​of an index or market.

The advance / descent line is an indicator of market breadth because it informs us of the general market movement. Similarly, when we say that it gives the same weight to all stock index values, we are saying that for the forward / down line all values ​​are equally important.

What really interests this indicator, being of market breadth, is to see if the price movement is accompanied by the movement of the indicator.

4 0
3 years ago
A convenience store owner is contemplating putting a large neon sign over his store. It would cost​ $50,000, but is expected to
Radda [10]

Answer:  <em>No, since the value of the cash flows over the first two years are less than the initial investment</em>

Explanation:

value of cash flows for the first two years = $48,000 (24,000x2)

Initial Investment = $50000

Because the additional $48,000 profit during the two year payback is not grater than the $50,000 purchase, they should not put the large neon sign up.

4 0
3 years ago
On January 1, Mitzu Co. pays a lump-sum amount of $2,700,000 for land, Building 1, Building 2, and Land Improvements 1. Building
Leviafan [203]

Answer:

Land (Dr.) $1,800,000

Land Improvements $540,000

Building 2 $660,000

Building 1 demolish expense $346,400

Land grading expense $187,400

Building 3 construction cost $2,242,000

Land 2 improvement cost $168,000

Cash (Cr.) $22,143,800

Explanation:

Mitzu Co. has paid lump sum amount for 2 buildings and land. The building 1 has no value so its value is considered as zero and all the amount will be attributed to land and building 2. The company has also incurred costs for the demolish of building 1 which will be charged in the books of accounts as one off expense.

8 0
2 years ago
The Brite Beverage Company bottles soft drinks into aluminum cans. The manufacturing process consists of three activities:
Leokris [45]

Answer:

A. $0.1 per can

B. $3,315

C. 0.098 per packaged can

Explanation:

a) Calculation to Determine the total activity cost per packaged can under present operations.

Using this formula

Total activity cost per packaged = Total activity cost under present operations ÷ total cans packaged

Let plug in the formula

Total activity cost per packaged= $650,000 ÷ 6,500,000

Total activity cost per packaged= $0.1 per can

Therefore the total activity cost per packaged can under present operations is $0.1 per can

b) Calculation to Determine the amount of increased packaging activity costs from the expected improvements.

First step is to calculate the Packaging cost per bottle =

Using this formula

Packaging cost per bottle = Current packaging cost ÷ total cans packaged

Let plug in the formula

Packaging cost per bottle = 110,500 ÷ 6,500,000

Packaging cost per bottle = $0.017 per bottle

Second step is to calculate the Total packaging cost

Using this formula

Total packaging cost = Total bottle × cost per bottle

Let plug in the formula

Total packaging cost= 6,695,000 × $0.017

Total packaging cost= $113,815

Now let determine the amount of increased packaging activity costs from the expected improvements.

Using this formula

Amount of increased packaging activity costs = total packaging cost - current packaging cost

Let plug in the formula

Amount of increased packaging activity costs= $113,815 - 110,500

Amount of increased packaging activity costs= $3,315

Therefore the amount of increased packaging activity costs from the expected improvements is $3,315

c) Calculation to Determine the expected total activity cost per packaged can after improvements

First step is to calculate Total activity cost using this formula

Total activity cost = Mixing cost + filling cost + packaging cost

Let plug in the formula

Total activity cost == $286,000 + $253,500 + $113,815

Total activity cost == $653,315

Now let determine the Expected total activity cost per packaged can

Using this formula

Expected total activity cost per packaged can = Total activity cost ÷ no. of bottles

Let plug in the formula

Expected total activity cost per packaged can= $653,315 ÷ 6,695,000

Expected total activity cost per packaged can=0.098 per packaged can

Therefore the expected total activity cost per packaged can after improvements is 0.098 per packaged can

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vfiekz [6]
Don’t give out personal info and don’t cyber bully people, don’t judge them either.
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3 years ago
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