1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna11 [10]
2 years ago
11

The following details relate to the main process of W Limited, a chemical manufacturer: Opening work in progress ............200

0 litres, fully complete as to materials and 40% complete as to conversion Material input ................................24 000 litres Normal losses are 10% of input (24 000 litres) and are detected at the end of the process Output to process 2 ......................19 500 litres Closing work in progress ..............3000 litres, fully complete as to materials and 45% complete as to conversion The number of equivalent units to be included in W Limited’s calculation of the cost per equivalent unit using a FIFO basis of valuation are: Materials Conversion 19400 18950 20500 20050 21600 21150 23600 20750 23600 21950
Business
1 answer:
larisa [96]2 years ago
3 0

Answer:

domain is very talk to fulfill their very great fun nice occasionally maintenance method question complaint as to concession the number of incidents when I was limited to age 18 19 events

You might be interested in
What is artificial selection
rusak2 [61]

Artificial selection is the intentional reproduction of individuals in a population that have desirable traits. In organisms that reproduce sexually, two adults that possess a desired trait — such as two parent plants that are tall — are bred together.

7 0
3 years ago
Read 2 more answers
Kristoff Walker operates his own catering service. Summary financial data for February are presented in equation form as follows
wariber [46]

Answer:

- $17,600

Explanation:

The computation of the net decrease in cash during the month is shown below:

= $40,600 - $17,400 - $30,200 - $2,300 - $8,300

= - $17,600

After calculating the items which are presented in the column 1 represent the net decrease in cash for $17,600 amount.  

The net decrease in cash represents an outflow of cash. In this, the chances of loss may be higher than the loss.

8 0
2 years ago
Read 2 more answers
During 20X0, Pard Corp. sold goods to its 80%-owned subsidiary, Seed Corp. At December 31, 20X0, one-half of these good were inc
wolverine [178]

Answer:

The amount to be repot is $1,450,000

Explanation:

in this question, we are asked to calculate the amount of selling expenses to be recorded in the company’s consolidated income statement for that year.

To answer this question, we employ a mathematical approach;

Mathematically;

Selling expenses = Total expenses - Contra Expenses

from the question, we identify that total expenses is (1,100,000 + 400,000) = $1,500,000

Contra expenses = $50,000

The selling expenses is thus; 1,500,000 - 50,000 = $1,450,000

4 0
3 years ago
Your restaurant has assets of $64,342 and liabilities of $47,266. What is the equity of your business?
Alborosie

Answer:

Equity of the business= $17,076.

Explanation:

Equity as used in business is used to refer to the difference between the worth of a business (its assets) and what the business owes (debts and liabilities).

In other words, total equity refers to the value which is left in the company after the total liabilities must have been subtracted from the total assets.

The formula to calculate total equity is given below:

Equity = Assets - Liabilities

Therefore to calculate the equity above, we have:

Equity = $64,342 - $47,266

Equity = $17,076.

4 0
2 years ago
River Falls Manufacturing uses a normal cost system and had the following data available for 2018: Direct materials purchased on
PtichkaEL [24]

Answer:

The ending balance of work-in-process inventory is $64,000

Explanation:

Opening Raw Material = $34,000

Opening WIP Inventory = $70,000

Opening Finished Goods Inventory = $55,000

Raw material purchased = $148,000

Raw materials requisitioned = $88,000

Closing Raw Material = Opening + Purchase - Requisitioned

= $34,000 + $148,000 - $88,000 = $94,000

Closing Finished Goods Inventory = Opening + Cost of goods produced - Cost of goods sold

= $55,000 + $299,000 - $250,000 = $104,000

Expense total incurred on goods entered for production = Material requisitioned + Labor cost incurred + Factory overhead

= $88,000 + $127,000 + $148,000 = $363,000

Out of which cost of completed goods = $299,000

Thus remaining is work in process = $363,000 - $299,000 = $64,000

That is Closing WIP Inventory = $64,000

Note: It is obvious that the expense of labor and overheads incurred in this period includes expense incurred to convert opening WIP in to finished goods and the balance is closing WIP.

The ending balance of work-in-process inventory is $64,000

5 0
3 years ago
Other questions:
  • Consumers will willingly make less-informed decisions: a. ​ if information costs are less than the perceived benefits of gatheri
    10·1 answer
  • Bird's Eye View manufactures three different sizes of bird cages: small (for finches and canaries), medium (for cockatiels and s
    15·1 answer
  • Sandpiper Company reported the following year-end amounts: Beginning Inventory $22,950 Net Cost of Purchases 101,250 Ending Inve
    6·1 answer
  • One key to success in a career is to be an accomplished
    13·2 answers
  • During their first year, Austin and Associates bought $32,000 worth of supplies for their CPA firm. When purchased, the supplies
    12·1 answer
  • Define the role of the mathematical concepts of maximization and equilibrium in microeconomic theory.
    13·1 answer
  • A company borrowed 10,000 by signing a 180-day promissory note 9%.the total interest due on the maturity date is: (use 360 days
    11·1 answer
  • ****ECONOMICS****Which situation is an example of a person making use of credit?
    14·2 answers
  • an increase in aggregate demand in the economy will have what effect on macroeconomic equilibrium in the long run?
    14·1 answer
  • Which of the following statements regarding the income statement columns on the worksheet is false?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!