Answer:
the unit holding cost is $10.5
Explanation:
The computation of the unit holding cost h of bandages is shown below;
= Price of bandages × holding cost percentage
= $70 × 15%
= $10.5
By multiplying the price of bandages with the holding cost percentage we can get the unit holding cost h of bandages
Hence, the unit holding cost is $10.5
Answer:
I believe it was C) First in, first out. (FIFO)
Explanation:
Hope this helps :)
Answer:
62,400 units
Explanation:
The computation of the equivalent units for conversion cost is shown below:
= Started and completed units × completion percentage + closing inventory units × completion percentage
where,
Started and completed units is
= 65,000 units - 6,500 units
= 58,500 units
So the equivalent units is
= 58,500 units × 100 + 6,500 units × 60%
= 58,500 units + 3,900 units
= 62,400 units
The 3/5 finished means 60% is finished
Answer:
The study of human problems arising from organizational and interpersonal relations (as in industry).
Explanation:
Answer:
C) Overapplied overhead
Explanation:
The ending balance of $8,000 represents the overhead overapplied as the credit side is more than the debit side related to production i.e as the credit side is $167,000 and the debit side is $159,000 so the credit side is greater than the $8,000
Therefore the correct option is c.
Hence, the other options are wrong