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natulia [17]
3 years ago
10

Carrington Corporation produces canned vegetable soup. The company uses the weighted-average method in its process costing syste

m. The company sold 300,000 units in January. Data concerning inventories follow: Inventory at January 1: Work in process None Finished goods 75,000 units Inventory at January 31: Work in process (75% complete with respect to conversion costs) 24,000 units Finished goods 60,000 units What were the equivalent units for conversion costs for January? A) 285,000 units. B) 303,000 units C) 300,000 units D) 309,000 units
Business
1 answer:
agasfer [191]3 years ago
4 0

Answer:

Option (B) is correct.

Explanation:

100% complete for conversion cost the units that are complete.

Units that produced during the period:

= Units sold + Units of finished Ending - Beginning units of Finished

= 300,000 + 60,000 - 75,000

= 285,000 units

And work in process at ending is 24,000 units but for conversion costs is 75% only.

For conversion Equivalent units:

= 75% of Ending Work in process + Units that produced during the period

= 75% × 24,000 + 285,000

= 18,000+285,000

= 303,000 units

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When a seller makes a counter-offer what is the essence of such an action?
GrogVix [38]

Answer:

The correct answer is The seller rejects the buyer's offer.

Explanation:

A counter offer more often than not expresses that the seller will acknowledge the buyer's offer. Generally, the seller is dismissing the buyer's unique offer by making a counter offer.

One thought on the issue of offer and acknowledgment is whether the offer or counteroffer was in truth acknowledged before its expiration. A counteroffer is a dismissal and another offer.  

A seller who is in receipt of an offer from a buyer can't at first counteroffer, and if that fails to work, then accept the original offer. This is so in light of the fact that, by law, a counteroffer is a dismissal of the main offer and the creation of another offer. The old offer from the buyer is dismissed and "gone" as of the creation of a counteroffer by the seller.

8 0
4 years ago
The assessed value of a condominium is usually higher than a similar ______ because of outright ownership.
Novay_Z [31]

The assessed value of a condominium is usually higher than a similar <u>Cooperative</u> because of outright ownership.

This is because a cooperative's assessed value is often lower than a condominium's because cooperatives are not owned outright.

In a condominium, each unit within a larger complex is sold, as opposed to being rented out. These apartments, townhomes, or even commercial warehouses may have undergone renovation. Contrary to common misconception, the term "condominium" refers to the legal ownership structure rather than the specific sort of unit. Any building with several units has the option to "become condominium," which requires tenants to leave the property or buy their apartments outright. The walls of a condominium are theoretically owned by the people who buy

To learn more about Cooperatives here

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3 0
2 years ago
Say, 3 customers enter a store. On the basis of past experience, the store manager estimates the probability that any one custom
vaieri [72.5K]

The probability that two of the next three customers will make a purchaseis mathematically given as

P(1) =0.441

<h3>What is the probability that two of the next three customers will make a purchase?</h3>

Generally, the equation for Probablity is  mathematically given as

A)

P(1) = 3 C 1 (0.3)^1 (0.7)^2

P(1) =0.441

B)

n=1000

E (x) =np = 1000x0.3

E (x) =3.00

C)

Variance= mpq

Variance= 300 x0.7

Variance= 210

In conclusion,

P(1) =0.441

E (x) =3.00

Variance= 210

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4 0
2 years ago
Which of the following events (in the marketplace or within the company itself) will decrease the market price of Marvelous Manu
hram777 [196]

Answer:

The beta on Marvelous’ common stock decreases from 1.4 to 1.2

Explanation:

According to the scenario, computation of the given data are as follow:-

As we know that

Expected Return = Market Risk Premium × Beta + Risk Free Rate

If the Beta is decreased, this means that expected return is decreased too, and if the expected return decreases the market value is decreases too.  

According to the analysis, The Beta on marvelous’ common stock decreases from 1.4 to 1.2 is correct option.

5 0
4 years ago
In a SWOT analysis, which of the following is an example of a threat?
guapka [62]
The answer is B hope this helps
7 0
4 years ago
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