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Lapatulllka [165]
3 years ago
15

The Converting Department of Soft Touch Towel and Tissue Company had 760 units in work in process at the beginning of the period

, which were 60% complete. During the period, 16,000 units were completed and transferred to the Packing Department. There were 840 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production.
Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0".
Soft Touch Towel and Tissue Company
Number of Equivalent Units of Production
Whole Units Direct Materials Equivalent Units Conversion Equivalent Units
Inventory in process, beginning
Started and completed
Transferred to Packing Department
Inventory in process, ending
Total
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
4 0

Answer:

Direct materials equivalent units 16,080

Conversion costs equivalent units 16,048

Explanation:

Calculation to Determine the number of equivalent units of production with respect to direct materials and conversion costs.

Soft Touch Towel and Tissue Company

Number of Equivalent Units of Production

Whole Units Direct Materials Equivalent Units Conversion Equivalent Units

Inventory in process, beginning

760 0 (760*40% = 304)

Started and completed

15,240 15,240 15,240

(16,000-760=15,240)

Transferred to Packing Department

16,000 15,240 15,544

Inventory in process, ending

840 840 (840*60% = 504)

Total 16,840 16,080 16,048

Therefore the number of equivalent units of production with respect to direct materials is 16,080 and conversion costs is 16,048

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Failing to analyze and take into account the competitor technological environment.

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When initiating a new joint venture, a company must analyze many environments, such as cultural, organizational, financial, technological, processual, and others. In this case, it was necessary to analyze the current technological competitor environment to check the compatibility of operating systems and the cost and viability of adjusting accordingly. Nothing was done, hence the joint venture’s failure.  

4 0
3 years ago
The firm's policy is to have finished goods inventory on hand at the end of the month that is equal to 70 percent of the next mo
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Answer:

\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]

MISSING INFORMATION ATTACHED

Explanation:

\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]

The sales forecasted plus the desired ending inventory is the complete needs the sales department expect to be fullfill

Then, as the company has a beginning invneotry each period a portion of this needs is already fullfil thus, the difference are the production requirements.

7 0
3 years ago
In 2017, Oriole Corporation reported net income of $1,004,700. It declared and paid preferred stock dividends of $278,600. Durin
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Answer:

$3.62

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Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. W
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<h3>In the given scenario unemployment rate is 10% </h3>

Explanation:

In the given problem,

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5 0
3 years ago
Read 2 more answers
2. You now have Birr 2,000,000 in the bank earning interest of .5 percent per month. You need Birr 3,000,000 to make a down paym
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The number of months that it would take me to accumulate the Birr 3,000,000 is 50 months.

<h3>How many months would it take to accumulate 3,000,000?</h3>

The equation that represents the total amount saved :

Total amount =amount invested +  total interest earned + total amount earned

Total interest earned = amount invested x time x interest rate

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10,000m

3,000,000 = 2,000,000 +  10,000m + 10,000m

3,000,000 - 2,000,000 = 20,000m

1,000,000 = 20,000m

m = 50 months

To learn more about interest, please check: brainly.com/question/26164549

#SPJ1

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