Answer:
Wexpro, Inc. gains $11500 (59500-48000) by processing further X15. It is a financial advantage to compete with a more complex product. X15 should be processed further.
Explanation:
Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral.
Material and processing costs total $60,000 per ton, one-fourth of which is allocated to product X15.
60000*0,25=$15000
Seven thousand units of product X15 are produced from each ton of clypton. The units can be sold at the split-off point for $9 each.
<u>Sales before split-off point: </u>
<u />
Sales 7000u*$9= $63000
Material and processing cost= $15000
Total=$48000
The units can be processed further at a total cost of $9,500 and then sold for $12 each.
<u>Sales after split-off point:</u>
Sales= 7000*12=$84000
Split-off cost= $9500
Material and processing cost= $15000
Total= $59500
Wexpro, Inc. gains $11500 (59500-48000) by processing further X15. It is a financial advantage to compete with a more complex product. X15 should be processed further.
Answer:
Work in progress inventory--- Dr 500
To Material Inventory ----- Cr 300
To Wages payable--------- Cr 150
To manufacturing overhead---Cr 50
(As incurred or applied)
Explanation:
As per the journal entry of process costing system, each department record the transfer of material to the other department of production. The amount of inventory transfered to the next department equals the amount listed as transfered on the cost of production report. Overhead costs are accumlated in a manufacturing overhead account.
A management professor discovers a way for corporate management to operate more efficiently. He publishes his findings in a journal. His findings are common, but not proprietary, knowledge. Corporate management is a crucial component of running a business. It outlines the hierarchy of leadership positions.
The procedure for employees to follow when reporting to their superiors, and the method for rewarding employees for their efforts. Your team can thrive by comprehending corporate management and its function within a business or organization. In this article, we go through the definition and many forms of corporate management.
The stages involved in formulating a plan and advice for developing your own management style. Planning, directing, coordinating, and controlling a company's operations are all part of corporate management.
To learn more about corporate management, click here
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Answer:
Mathematicians and statisticians both work with numbers, and they are required to have the same level of educational for their professions. ... The primary difference between them is that mathematicians may do a lot of theoretical work, while statisticians focus on using data to address business issues
Explanation:
Answer:
a. Not all SBA programs provide for $1.5 million in loans.
- This statement is correct since not every business is the same, some types of business will require larger amounts than others.
b. If you cannot get a bank loan with reasonable terms, the SBA has many different lending programs for which your business might be eligible.
- This is true, and the business loans have different amounts and requisites that fit into different categories.
d. The maximum amount available to your business will depend on the specific SBA program for which your business qualifies.
- This statement is correct since not every business is the same, some types of business will require larger amounts than others.
Explanation: