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Jobisdone [24]
2 years ago
7

Trek Company has the following production data for April: units transferred out 41,400, and ending work in process 5,620 units t

hat are 100% complete for materials and 40% complete for conversion costs. If unit materials cost is $6 and unit conversion cost is $10. Determine the costs to be assigned to the units transferred out and the units in ending work in process.
Business
1 answer:
Mnenie [13.5K]2 years ago
4 0

Answer and Explanation:

The computation of the cost assigned is given below:

For units transferred out

= 41,400 units × ($6 + $10)

= $662,400

For ending work in units

= 5,620 units × $6 + 5,620 units × 40% × $10

= $33,720 + $22,480

= $56,200

Hence, the  costs to be assigned to the units transferred out and the units in ending work in process is $662,400 and $56,200 respectively

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When George and Arthurine Renfro decided to start a family business in 1990 and market chowchow, a southern regional food, they
Katyanochek1 [597]

Answer:

identifying pricing constraints.

Explanation:

From the question we are informed about George and Arthurine Renfro decided who decided to start a family business in 1990 and market chowchow, a southern regional food, they had to determine how they would price the chowchow by examining the demand for the product (would people rather eat home-made or store-bought), the cost of getting the jars for bottling the chowchow, and how much it would cost to distribute the product to area stores. In other words, in this case, the Renfros had to begin the development of their pricing strategy by identifying pricing constraints. .

Pricing constraints can be regarded as

factors which brings about limit of latitude of prices which a company may set.

7 0
2 years ago
Baskets Inc. gathered the following actual results for the current month: Actual amounts: ​ Units produced 6000​ Direct material
ss7ja [257]

Answer:

price variance  $(22,800.00) UNFAVORABLE

Explanation:

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost                           $6.00

actual cost                    $9.00

quantity                       7,600

difference                   $(3.00)

price variance  $(22,800.00)

We calculate the actual cost by dividing total cost by the lbs purchased:

68,400/7,600 = 9

Because the diference is negative, the variance is unfavorable.

Each pound cost more than it was planned.

8 0
2 years ago
Even if your family can pay the full amount of attending college, filling out the Free Application for Federal Student Aid (FAFS
Olegator [25]
I believe the answer is D
4 0
1 year ago
Read 2 more answers
A nurse is caring for a client with dehydration at the health care facility. the client is receiving glucose intravenously. what
Bond [772]
A gauze pad or bandaid
3 0
3 years ago
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f a price floor of $15 is imposed on this market and the government chooses to purchase the surplus, the government must buy ___
zlopas [31]

If a price floor of $15 is imposed on this market and the government chooses to purchase the surplus, the government must buy <u>10</u> units of the good and spend a total amount of <u>$150</u> on its purchase.

<u>Explanation</u>:

According to the given figure, a surplus of the good will result if the price is $15. The government has a total amount of $150. If it decides to spend the total amount on purchasing, the government should buy 10 units of goods.

As the price of each good is $15 and the total amount with the government is $150.

On calculating with the given information,

150/15= 10

So the government can buy 10 units of goods for the total amount of $150.

8 0
3 years ago
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