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Phoenix [80]
2 years ago
13

assuming that prices rise over time, which inventory cost flow assumption will result in the lowest ending inventory?

Business
1 answer:
Nadya [2.5K]2 years ago
8 0

Answer: LIFO

Explanation:

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The manager of a crew that installs carpeting has tracked the crew's output over the past several weeks, obtaining these figures
Taya2010 [7]

Answer and Explanation:

a. The computation of labor productivity for each of the weeks is shown below:-

<u>Week         Crew size      Yards installed      labor productivity </u>

1                         4                    97                        24.25

2                         3                   71                          23.67

3                         4                   98                         24.5

4                          2                  54                         27

5                         3                   63                         21

6                         2                    52                         26

Therefore for computing the labor productivity for each week we simply divide the yards installed by crew size.

b. Perhaps even-sized crews are better than uncommon sizes and a crew of 2 seems to be performing best among the others

3 0
3 years ago
The government predicts that ___________ of all jobs will require at least some college by 2018.
Sidana [21]
The answer is A)two-thirds.
5 0
3 years ago
Read 2 more answers
The predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find ______. Multiple choice qu
Julli [10]

The predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find the applied overhead.

<h3>How to calculate the overhead applied in a job</h3>

Applied overhead is a fixed rate charged to a specific production job, good produced, or department within an organization.

This overhead applied are calculated by finding the product of the predetermined overhead rate and the actual allocation base incured by a job

Hence we can conclude that the predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find the applied overhead.

Learn more on applied overhead here: brainly.com/question/8148429

3 0
2 years ago
The following information exists for ABC Company: Selling price per unit: $30 Variable expenses per unit: $21 Fixed expenses for
irina1246 [14]

Answer:

Operating income will increase by $3000

Explanation:

Total Contribution = (30-21)*10000 = 90000

Operating income = 90000-60000 = 30000

Increase in sales by 2000 units then,

Total contribution = (30-21)*12000 = 108000

Operating income = 108000-60000-15000 = 33000

Hence operating income will increase by 33000-30000 = $3000

6 0
3 years ago
Read 2 more answers
The June 1 work in process inventory consisted of 5,000 pounds with $16,000 in materials cost and $12,000 in conversion cost. Th
elixir [45]

Answer:

Equivalent units of production for materials: 42,500

Equivalent units of production for Conversion Costs : 37,700

Explanation:

Work in Process Beginning Inventory                            5,000 pounds

Units started                                                                     37500  

Less Ending Inventory                                                     8000

Units Completed and Transferred Out                          34,500 Pounds        

                          Units                   % Of Completion                EUP  

                                                      Mater.        C.C         Materials     C.C

Units Transferred  34500       100             100           34500           34500

<u>Ending  Inven.   8000              100             40              8000            3200</u>

Total Units to accounts for  42,500

<u>Total Equivalent Units                                                42,500          37,700                                                       </u>

There are two ways of calculating equivalent units of Production . One is given above and the other is adding the percentages in the beginning inventory  and started units. As we do not have the percentages of the units started therefore the above method is used.

                           

3 0
3 years ago
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