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DiKsa [7]
3 years ago
5

Production would be _____ if there is a low supply for a product.

Business
1 answer:
enot [183]3 years ago
3 0

Answer:

decreased

Explanation: People are not buying, so there is no need to keep production in high volumes

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fields company has two manufacturing departments, forming and painting. the company uses the weighted average method and it repo
UNO [17]

The equivalent units of production for both direct materials and conversion for the forming department is 369,000, 384,000. b. The costs per equivalent unit of production for both direct materials and conversion for the forming department is 4.898, 3.129.

<h3>Equivalent unit of material  and conversion</h3>

1. Equivalent unit of material  and conversion

Unit transferred out = 34,500+490000-30000

Unit transferred out= 394,500

Equivalent unit of material = 394,500+(30000×85%)

Equivalent unit of material= 369,000

Equivalent unit of conversion = 394,500+(30000×35%)

Equivalent unit of conversion = 384,000

2. Cost per equivalent unit

Material = (56,200+1,800,200)/379,000 = 4.898

Conversion = (22,900+1,179,000)/384,000 = 3.129

3. Total Cost assigned

Cost assignment and reconciliation

Cost of units transferred out  

Direct material= (394,500×4.898)

Direct material=1,932,261

Conversion=394,500×3.129

Conversion=1,234,391

Total Cost transferred out=1,932,261+1,234,391

Total Cost transferred out=3,166,652

Cost of ending work in process:

Direct material=(394,500-369,000)×4.898

Direct material=124,899

Conversion=(384,000-369,000)×3.129

Conversion=49,935

Total Cost of ending work in process= 124,899+49,935

Total Cost of ending work in process= 171,834

Hence:

Total Cost assigned=Total Cost transferred out+Total Cost of ending work in process

Total Cost assigned=3,166,652+171,834

Total Cost assigned=3,338,486

Therefore the equivalent units of production for both direct materials and conversion for the forming department is 369,000, 384,000. b. The costs per equivalent unit of production for both direct materials and conversion for the forming department is 4.898, 3.129.

Learn more about equivalent units for material and conversion here:brainly.com/question/24180104

brainly.com/question/23778248

#SPJ1

6 0
2 years ago
How physical asset valuation (PAV) and research and
stellarik [79]

Answer:

We'll take this one after the other.

A. First Physical Asset Valuation (PAV) refers to the act of writing up or writing down the carrying value of an organisations assets in its balance sheet.

In simple terms, it refers to increasing upwards or downwards the value of an organisations asset in its balance sheet.

When assets are written down, the following are likely to occur:

Critical changes to an organization’s business model or strategy, such as termination of the business and  loss of a regulatory licence;

A significant reduction in the cash flow or bottom line of the business;

when the long term growth rates, interest rates or other financial factors such as prices or value of currencies, upon which a business valuation based decline, this impacts the valuation of an asset negatively.

   

B. Research and  Development (R&D)

R&D refers to all the studies, scientific investigations and experiments carried out to enable the discovery and creation of a new or innovative product or service that is more efficient and effective.  

       

The reason there is a risk associated with R&D is that there are usually many elements of uncertainty.  

The ideas being tested are usually novel and have not been tried before.  

Some of the risks associated with R&D are:

the possibility that the new product will fail in the market;

a new product or service that is does not work

the possibility of cost creep. That is a situation where the cost of the R&D outweighs the potential profit from the product or service.

Cheers!

6 0
3 years ago
An industry with oligopolistic competition faces falling profits and its sales growth is slow. Demand for individual brands has
viva [34]

Answer: (A) Market maturity

Explanation:

The market maturity is one of the stage in the product life cycle where is basically refers to the sales growth where the product sales growth get increased and then suddenly get slows down.

The market maturity stage is basically known as the longest stage in the product life cycle. In this life cycle stage the organization reaches to the highest level during the demand cycle.

Therefore, Option (A) is correct.  

8 0
3 years ago
Inventory Ratio Calculations
tatuchka [14]

Answer:

Inventory Turnover Ratio for 2008=  3.223 Times

Inventory Turnover Ratio for 2009= 3.91 times

Explanation:

Inventory Turnover Ratio=  Cost of Goods Sold / Average Inventories

Inventory Turnover Ratio for 2008=  $632,000/ $201,000 + 191,100/2

Inventory Turnover Ratio for 2008=  $632,000/196,050

Inventory Turnover Ratio for 2008=  3.223  times

Inventory Turnover Ratio for 2009=  $ 731,000/191,100 + 182,600/2

Inventory Turnover Ratio for 2009=  $ 731,000/ 186,850

Inventory Turnover Ratio for 2009= 3.91 times

7 0
3 years ago
Which recovery operations requires operators/crews to use their basic issue items (bii), an additional list (aal), or on-vehicle
Sonbull [250]

Recovery is saving, that is, releasing immobile, inoperative, or abandoned equipment from its current location and returning it to operation or to a repairs site for maintenance. These actions typically involve towing, lifting, or winching. The answer here is self-recovery. Actions necessitate using only the equipment’s assets. Self-recovery starts at the place where the equipment becomes caught up or disabled. The operator or crew uses the accessible recovery objects to carry out self-recovery.

5 0
3 years ago
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