Which of the following statement is false?

Mortensen Industries, which uses a process-costing system, adds material at the beginning of production and incurs conversion co

Studentka2010 [4]

Answer: 60%

Explanation:

Find the ending work in process.

Materials are complete at inception so the Equivalent units of Materials represent the total units.

Ending WIP will therefore be:

= Materials EUP - Units started and completed

= 5,000 - 3,500

= 1,500 units

Stage of completion is based on Conversion.

Conversion EUP = Total started and completed + (x% * Closing WIP)

4,400 = 3,500 + (x% * 1,500)

4,400 = 3,500 + 15x

15x = 4,400 - 3,500

15x = 900

x = 900/15

x = 60%

Conversion is 60% complete so this is the stage of completion.

7 0

3 years ago

In class, we noted that the Gap, Inc. operates several brands in order to make it easy for people to express their personal styl

ad-work [718]

Answer:

The answer is: Multi-segment marketing

Explanation:

Multi-segment marketing (or differentiated marketing) happens when a company tries to increase their market share by offering their products to different marketing segments. They try to reach as many market segments they can, using different promotional strategies for every segment. Nowadays, only big companies can afford this type of marketing strategy.

7 0

3 years ago

FIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending Ju

Zinaida [17]

Answer:

$32,864.00

Explanation:

check the file attached below for full explanation

Download docx

4 0

3 years ago

A spa has placed a magazine advertisement in a local women’s magazine. What technological feature have the owners incorporated i

mylen [45]

Answer: A. A QR code that is scanned and decodes information directly on the phone

Explanation:

This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.

Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.

5 0

3 years ago

You want to buy an Audi A8 7 years from now. You have priced these cars and found that they currently sell for $83,800. You beli

lana [24]

Answer:

We to invest $ 17,213 per year to buy the car in seven years from now

Explanation:

First, we solve for the future value of the car:

$Principal \: (1+ r)^{time} = Amount$