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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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Two consumers both earn $47,000 annually. One owns four motorcycles and enjoys hunting and fishing. The second plays golf weekly
makvit [3.9K]

<u>Answer:</u>

<u><em>Lifestyle</em></u>

<u>Explanation</u>:

Note that Consumer A enjoys hunting and fishing, while Consumer B likes toplays golf weekly. Put simply, their lifestyle financially is what segments them altogether because they differ in what each likes.

Remember, Market segmentation involves dividing a market of consumers by a marketer into groups based on certain attributes such as their lifestyle, buying behaviour etc.

4 0
3 years ago
In the resource-based model of above-average returns, a capability is:
grigory [225]

Answer:

The correct answer is c. the capacity for a set of resources to perform a task or an activity in an integrative manner.

Explanation:

The central assumption of the resource-based model says that the company's unique capabilities, resources and core competencies influence the choice and use of strategies rather than the external environment of the company. This yields higher than average returns when uses its valuable and unique capabilities, expensive to imitate and impossible to substitute to compete against its rivals in one or more industries. The evidence indicates that the two models provide knowledge that is linked to the choice and successful use of strategies. Consequently, companies want to use their unique core resources, capabilities and competencies as the basis for one or more strategies that allow them to compete in industries they understand.

6 0
3 years ago
A perfectly competitive firm earns a profit when price is
Nonamiya [84]

A  perfectly competitive firm earns a profit when price is above the average total cost.

A perfect competitive firm is a firm that operates in a perfectly competitive market. A perfectly competitive market is a market where the goods and services exchanged are homogenous. There is perfect information in this type of market.

In the long run, firms in a perfect competition earn only a normal profit. If in the short run, firms are earning economic profit, new firms would enter into the market. This would wipe out economic profit. In the short run, if an economic loss is been made, firms would leave the industry.

To learn more, please check: brainly.com/question/13761559

4 0
3 years ago
12. When it comes to managing money, success
Deffense [45]

<u>Answer:</u> Option D

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The personal finance success of the person depends on the money managing behavior rather than the knowledge. If more money is spent then the individual looses the opportunity to make investments and save for the future.

Increased spending without saving also has the risk of increased debts and increases the stress. The savings is low for many people and for the purpose of spending money they borrow money. A person who has more debts it keeps him from building assets and investments.

5 0
4 years ago
Authorized and available shares Aspin​ Corporation's charter authorizes issuance of 2 comma 700 comma 000 shares of common stock
Mama L [17]

Answer:

$1,200,000

Explanation:

The computation of the maximum number of new shares of common stock is shown below:

= Total authorized shares - total outstanding shares

= $2,700,000 - $1,500,000

= $1,200,000

We simply subtract the total outstanding shares from the total authorized shares, so that the maximum number of shares could find out.

All other information which is given is not relevant. Hence, ignored it

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