Answer:
Results are below.
Explanation:
<u>First, we need to calculate the selling price per composite unit:</u>
<u></u>
selling price per composite unit= 1,280*0.6 + 530*0.4
selling price per composite unit= $980
<u>Now, the unitary variable cost per composite unit:</u>
Variable cost per composite unit= 780*0.6 + 280*0.4
Variable cost per composite unit= $580
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per composite unit
Break-even point in units= 150,000 / (980 - 580)
Break-even point in units= 375
<u>Finally, the number of units per product:</u>
Desks= 375*0.6= 225
Chairs= 375*0.4= 150
Answer:
$4,92
Explanation:
Step 1 Calculate the Total Cost of conversion costs incurred during the process.
<u>Total Cost of conversion costs</u>
Cost of conversion in Beginning inventory $8,800
Add Cost of conversion for April $43,612
Total $52,412
Step 2 Calculate cost per equivalent unit for conversion costs
cost per equivalent unit = Total Cost of conversion / Total equivalent unit for conversion
= $52,412 / 10,650
= $4,92
Therefore, the cost per equivalent unit for conversion costs using the weighted average method would be $4,92.
<h2><u>Answer:</u></h2>
Equal Units; Assigning Costs—Weighted-Average Method [LO2, LO3, LO4, LO5] The WireOne Company makes high caliber covered electrical wire in two offices, Weaving and Coating. Materials are presented at different focuses amid work in the Weaving Department.
After the weaving is finished, the materials are moved into the Coating Department, where strength plastic covering is connected. Chosen information identifying with the Weaving Department amid May are given underneath:
The organization utilizes the weighted-normal strategy. Required: 1. Figure the proportional units of creation. 2. Register the expenses per proportional unit for May. 3. Decide the expense of completion work in procedure stock and of the units exchanged to the Coating Department. 4. Set up a cost compromise between the costs decided in (3) above and the expense of starting stock and expenses included amid the period.
Answer:
Please see answers below.
Explanation:
A. Three important Items to double check before submitting a loan application to underwriting.
• Completeness of data : One has to be sure that all important details are captured hence none is left out. It means that there are no missing information on the application.
• Calculations performed accurately: This means that calculations such as borrower's income, qualifying ratios are calculated accurately and also double checked for the purpose of the loan underwriting.
• Documentations required by the loan programme. All Documentations required by the loan programme must be double checked before submitting a loan application to underwriting.
B. List at least two things you would be sure to tell a borrower in preparation for closing
• I will seek clarity in terms of the money borrower would be bringing to the closing table.
• The date,time,venue of closing are essential for the closing hence will be communicated to the borrower. Also, there are no right or wrong answers that may be asked or given by the borrower during the closing.
C. List at least three calculations that are typically used during the course of mortgage loan transaction.
• Income calculation
• Front end and back end ratio (DTI ratio)
• Monthly payment.
She would need an Address an
Social Security number (or ITIN) with a
Valid ID
