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Ksenya-84 [330]
2 years ago
13

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional

Business
1 answer:
denis23 [38]2 years ago
6 0
It might be easier because most credit unions require some kind of affiliation while banks will let anyone with money open and account.
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g Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding
FromTheMoon [43]

Answer:

Total equivalent unit of material =   140,000 units

Explanation:

<em>Equivalent units are used to apportion cost between completed units and work in progress. They represent notional whole units which represent incomplete work. </em>

<em>Under the first in first method , to account for completed units during a production period the opening inventory units are assumed to completed first before newly the newly introduced units.</em>

<em>So we can work out the equivalents units as follows:</em>

<em>Fully worked units :These represent units started this period of production and completed in the same period. This is given as 110,000 units</em>

Equivalent units (EU)

<em>Item                           unit          Workings               EU</em>

Opening inventory     25,000     0% × 25,000     =   0

Fully worked            110,000    100% × 110,000 =   110,000

Closing inventory    30,000      100%× 30,000 =   <u>30,000</u>

Total equivalent unit of material                           <u>140,000</u>

<u />

<em>Note that for the opening inventory already 100% material work has been done the preceding period , so there wont be any work left to be done in respect of materials.</em>

5 0
3 years ago
"which always increase(s) as output increases?"
marta [7]

Answer: d. total cost and variable cost

A variable cost<span> is a company expense that changes in parallel with production output. They rise as production increases.</span>

Total cost<span> refers to the total company expense incurred in producing a particular level of output. Same with the variable cost, it increases as production increases.</span>

6 0
3 years ago
The variable overhead rate is $9.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $106,140 per m
Pani-rosa [81]

Answer:

Cash= 87,910 + 9.3*direct labor hour

Explanation:

Giving the following information:

The variable overhead rate is $9.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $106,140 per month, which includes depreciation of $18,230.

Cash= (106,140 - 18,230) + 9.3*direct labor hour

Cash= 87,910 + 9.3*direct labor hour

8 0
3 years ago
Ethical conduct in the procurement process is particularly important to ensure fair and competitive in-theater acquisition effor
RideAnS [48]

Answer:

True

Explanation:

Under Prevention of Fraud, Waste, and Abuse of operational contract support,Ethical conduct in the procurement process is particularly important to ensure fair and competitive in-theater acquisition efforts and ensure these processes do not have a negative impact on the jfc's mission. problems affecting any aspect of the acquisition process can affect timely provision of support to the commander and in some cases negatively impact the civil-military aspects of the operation or campaign.

3 0
3 years ago
On january? 1, 2017, dodge company purchases? $90,000, 7% bonds at a price of 86.4 and a maturity date of january? 1, 2027. dodg
andreev551 [17]

We should note that the bond investment account is recorded at cost by the Bondholder or Investor.

The cost or price is calculated as:

Cost = $90,000 * 86.4%

Cost = $90,000 * 0.864 = $77,760

Therefore, the entry to record should be:

<span>debit Held-to-Maturity Investment in Bonds for $77,760 and credit Cash for $77,760</span>

4 0
3 years ago
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