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JulsSmile [24]
3 years ago
10

Kalyan Corporation uses the FIFO method in its process costing system. Operating data for the Enameling Department for the month

of May appear below: Units Percent Complete with Respect to Conversion Beginning work in process inventory 1,900 20 % Transferred in from the prior department during May 65,000 Ending work in process inventory 7,300 70 % What were the equivalent units of production for conversion costs in the Enameling Department for May?
Business
1 answer:
valkas [14]3 years ago
3 0

Answer:

64,330 units

Explanation:

The computation of the equivalent units of production for conversion costs is shown below:

= Units started and completed units × completion percentage + ending work in process units × completion percentage - beginning work in process units × completion percentage

where,

Units started and completed units = 1,900 units + 65,000 units - 7,300 units

= 59,600 units

Now the equivalent units of production for conversion costs is

= 59,600 units + 7,300 units × 70% -  1,900 units × 20%

= 59,600 units + 5,110 units - 380 units

= 64,330 units

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galben [10]

Answer:

It is a sales promotion.

Explanation:

Sales promotion tool is used because of following factors:

a) It improve the sales for short term as it gives another reason to buy the product.

b) It is targeted toward brand switcher.

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d) Increase new customer and brand loyalty.

e) Provide benefits to existing customer.

Koffee is also using sales promotion tool to get benefit in sales and Brand development.

5 0
3 years ago
The types of quasi-contractual terms with which employees view what they owe their employer and what their employer owes them ar
yuradex [85]

The types of quasi-contractual terms with which employees view what they owe their employer and what their employer owes them are referred to as Contractual agreement.

What is Quasi-contract terms?

  • When there is a dispute between the parties and there was no initial agreement between them, the court may construct an out-of-order contract. This contract has the obligation to prevent one party from unfairly benefiting at the expense of the other parties. This circumstance is known as a quasi-contract.
  • A retroactive agreement between two parties with no prior contractual responsibilities is known as a quasi contract.
  • A court enacts it to address a situation where one party gains something at the expense of the other.
  • A retroactive agreement between two parties with no prior contractual responsibilities is known as a quasi contract. A court enacts it to address a situation where one party gains something at the expense of the other.

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5 0
2 years ago
Other things equal, the demand for a good tends to be inelastic (less elastic), the longer the time period considered. more the
Marta_Voda [28]

Other things equal, the demand for a good tends to be more inelastic A) the fewer the available substitutes.

Inelastic merchandise is usually necessities without applicable substitutes. The maximum commonplace goods with an inelastic call for are utilities, pharmaceuticals, and tobacco products. companies imparting such merchandise hold greater flexibility with prices because demand stays constant even if fees boom or decrease.

Inelastic is a monetary term regarding the static amount of a terrific or service while its price adjustments. The inelastic manner that when the rate goes up, customers' shopping for habits live about the same, and when the rate goes down, consumers' shopping for conduct additionally remains unchanged.

An elastic call for is one in which the exchange in quantity is demanded because of exchange in rate is huge. An inelastic call is one in which the change in the amount demanded due to an alternate in charge is small.

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8 0
2 years ago
What annual rate of return is implied on a $2,500 loan taken next year when $5,375 must be repaid in year 6? (Do not round inter
Zarrin [17]

Answer:

16.54%

Explanation:

We have to applied the rate formula that is shown in the attachment.

The NPER shows the time period.  

Given that,  

Present value = $2,500

Future value or Face value = $5,375

PMT = $0

NPER = 6 years - 1 years = 5 years

The formula is shown below:  

= Rate(NPER,PMT,-PV,FV,type)  

The present value come in negative  

So, after solving this,  the annual rate of return is implied is 16.54%

4 0
3 years ago
Manuel, an it manager, has been studying the actions that his workers perform in an attempt to improve their productivity. Manue
lora16 [44]

Manuel, an it manager, has been studying the actions that his workers perform in an attempt to improve their productivity Mateo is utilizing. In economics, productivity quantifies output per unit of input, such as labor, capital, or any other resource. For the economy, it is frequently computed as a ratio of GDP to hours worked.

workers productivity can be broken down further by industry to study trends in labor growth, salary levels, and technology advancement. Productivity increase is directly related to corporate earnings and shareholder returns. Productivity is a measure of the efficiency of a company's production process at the corporate level.

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6 0
1 year ago
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