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never [62]
3 years ago
8

During the current year, a manufacturing company had the following activity. Units in beginning work in process: 10,000 at 70% c

omplete. Units started into production: 150,000. Units completed during the year: 140,000. Units in ending work in process: 20,000 units at 25%. What is the number of equivalent units using the FIFO method
Business
1 answer:
lesantik [10]3 years ago
3 0

Based on the information given the number of equivalent units using the FIFO method is: 138,000.

<h3> Number of equivalent units</h3>

                                         Nominal Units  % Complete  Equivalent Units

Beginning WIP                  10,000                 30%              3,000

Units started and finished 130,000             100%             130,000

Ending WIP                         20,000               25%              5,000

Units to account for or Equivalent units 160,000            138,000

(10,000+130,000+20,000=160,000) (3,000+130,000+5,000=138,000)

Inconclusion the number of equivalent units using the FIFO method is: 138,000.

Learn more about equivalent units  here:brainly.com/question/16259709

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A publicly traded construction company reported that it just paid off a loan that it received 1 year earlier. If the total amoun
Llana [10]

Answer:

$1,363,636.36

Explanation:

A public traded construction company just paid off a loan that was received one year earlier

The amount of money paid by the company was $1,500,000

The interest rate was 10% per year

= 10/100

= 0.10

Therefore the amount of money that was borrowed last year can be calculated as follows

Let x represent the amount of money borrowed

x + x(0.10)= 1,500,000

x + 0.10x= 1,500,000

1.1x= 1,500,000

x= 1,500,000/1.1

x= $1,363,636.36

Hence the company borrowed $1,363,636.36 a year ago

7 0
3 years ago
the natural rate of unemployment a. is a temporary low rate that cannot be maintained. b. is fixed; it cannot be altered by publ
solniwko [45]

The natural rate of unemployment is  is the unemployment rate accompanying the economy's maximum sustainable rate of output. Thus the correct option is D.

<h3>What is unemployment?</h3>

Unemployment refers to a condition when there is no availability of job opportunities in the market when a person is willing to or has enough qualifications for the job.

It predicts that it will not be able to boost output above the level of natural output and that the unemployment rate cannot be lowered below the level of natural unemployment.

Therefore, option D is appropriate.

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5 0
2 years ago
Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A
tatiyna

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

6 0
3 years ago
HearIT, Inc., sells headphones and other listening devices. HearIT buys the goods from manufacturers and then resells them direc
miskamm [114]

Answer:

A warranty of no liens

Explanation:

HearIT has violated the warranty of no liens

Warranty: This can be defined as the assurance usually given by the seller of the existence of a fact on which the buyer can rely. Giving warranty is the duty of the seller, so buyers can sue the sellers in case of any breach in the agreement. instance, we have express warranty, warranty of title, implied warranty.

1) Warranty of Title

a) No Liens: Sellers usually give assurance to the customers that they are selling goods free from debt.

As in the case of HearIT, he has violated this contract by selling goods to Judy that are later repossesed by the manufacturer because the goods were bought on credit and HearIT failed to pay the manufacturer.

b) Good Title:This is the assurance given by the seller that the goods are not stolen goods.

2) No Infringements: It us a warranty given by the sellers to the buyers that their commodities are free from all kinds of infringement like patent right, copyright.

Except where disclaimed, a seller warrants that the goods delivered are free from any copyright, trademark, or patent claims by a third party.

Except where disclaimed, sellers warrant that they have good and valid title to the goods being sold and that they have the power to rightfully transfer title to the buyer. In other words, the goods aren’t stolen.

Except disclaimed, sellers warrant that the goods they are selling are free of any liens -- that is, any encumbrance on the goods or other property to satisfy a debt or protect a claim for payment of a debt (e.g., a security interest on personal property or a mortgage on real property).

2) Express warranty

3) Implied warranty

6 0
4 years ago
Projects where management has a choice in implementing them are called _____ projects.
gregori [183]

They are called non-discretionary project.

A discretionary project is one that needs a governmental entity to apply judgement or consideration in determining whether the project will be authorized or if a permit will be provided.

Non-discretionary projects are those that must be completed or funded by law, policy, health and safety, or court order. These are the steps you must take. For example, reacting to court orders or external proposals such as rights-of-way applications or drilling licenses.

Non-Discretionary Items are expenditures due by the Partnership for taxes, utilities, insurance, debt service, and costs, as well as other payments owed by the Partnership under contracts or agreements.

Therefore, the blank is to be filled by non-discretionary project.

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3 0
2 years ago
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