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EleoNora [17]
3 years ago
7

The Filling Department received 52,900 ounces from the Blending Department. During the period, the Filling Department completed

67,000 ounces, including 16,700 ounces of work in process at the beginning of the period. The ending work in process inventory was 2,600 ounces.
Required:
How many ounces were started and completed during the period?b
Business
1 answer:
soldier1979 [14.2K]3 years ago
5 0

Answer: 50,300 ounces

Explanation:

Ounces started would exclude the beginning ounces while ounces completed would include the beginning ounces.

Ounces started and completed during the period are:

= Ounces completed - Beginning Work in process ounces

= 67,000 - 16,700

= 50,300 ounces

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The term externalities refers to Select one: a. regulations imposed on a firm by government. b. a nation that is a trading partn
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Option (c) is correct.

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Burruss Company developed a static budget at the beginning of the company's accounting period based on an expected volume of 8,0
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Answer:

The flexible budget would show fixed costs of $16,000

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Meaning of Fixed cost: The fixed cost is that cost which is not have any impact on production level. It means that if the production level is increase or decrease, the fixed cost remain constant.

In the question the following information is given ,

Expected volume - 8,000 units

Per unit Revenue -  $ 4.00

Variable costs [per unit - 1.50

Contribution margin per unit -  $ 2.50

Fixed costs per unit - 2.00

Net income per unit -  $ 0.50

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For computing the fixed cost under flexible budget for actual production which produces 10,000 units. The fixed cost remain same.

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Hence, For 10,000 units, the fixed cost would be $16,000 as fixed cost remain same.

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