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gladu [14]
2 years ago
13

Crispin Mattresses is chartered in Florida but does business in all 50 states. Crispin Mattresses doing business in Florida is k

nown as a(n)
Business
1 answer:
otez555 [7]2 years ago
7 0

Crispin Mattresses doing business in Florida is known as a Domestic corporation.

<h3>What is Domestic corporation?</h3>

A domestic corporation is a business that operate its business transactions within a country. A domestic corporation would typically conducts its affairs in its home country.

An example is if a company is formed in a particular state, the business is a domestic corporation in that state. However, the state where the business is incorporated is a foreign business in any other state.

Hence, Crispin Mattresses doing business in Florida is known as a Domestic corporation.

Learn more about Domestic corporation here: brainly.com/question/913870

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Exercise 5-8 Equivalent Units; Cost per Equivalent Unit; Assigning Costs to Units-Weighted-Average Method [LO5-2, LO5-3, LO5-4]
S_A_V [24]

Answer:

1. Calculate the first production department's equivalent units of production for materials and conversion for May.

  • materials = 275,000 + 50,000 = 325,000
  • conversion = 275,000 + 12,500 = 287,500

2. Compute the first production department's cost per equivalent unit for materials and conversion for May.

  • materials = $169,000 / 325,000 = $0.52
  • conversion = $253,000 / 287,500 = $0.88

3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May.

  • materials = 50,000 x $0.52 = $26,000
  • conversion = 12,500 x $0.88 = $11,000
  • total = $37,000

4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May.

  • materials = 275,000 x $0.52 = $143,000
  • conversion = 275,000 x $0.88 = $242,000
  • total = $385,000

Explanation:

Beginning WIP 70,000 units

materials $56,100

conversion $16,400

Ending WIP 50,000 units

100% completed for materials (50,000 EU)

25% completed for conversion (12,500 EU)

units started 255,000

total units transferred out 275,000

materials cost added during the period = $112,900

conversion cost added during the period = $236,600

7 0
3 years ago
The idea that the white race is superior to other races is called
Bad White [126]

Answer:

racism

Explanation:

4 0
2 years ago
Read 2 more answers
Indirect costs occur when
nikklg [1K]

Answer:

The answer is A. resources are shared by more than one product or service.

Explanation:

Indirect cost are costs that are not directly related or traced to any product or activity. They are shared or used by more than one activities. Examples include, Adminstrative expenses, advertising expenses, telephone expenses, rent, office expenses etc.

Like direct cost, indirect cost can be fixed or variable.

Indirect costs are used by business as a whole and not just limited to a particular product.

Option B is not correct. Cost that are directly traced or related to a product is known as direct material. For example, direct labour and direct material used to produce a particular good.

Option C and D are also wrong

5 0
3 years ago
What’s dangerous about taking out a payday loan?
vagabundo [1.1K]

Answer:

the main danger with taking out a payday loan is that you may quickly get trapped in a cycle of debt ,although altho payday loan is normally for a fairly low sum of money, such as £200, it is easy to get trapped in a cycle of taking a new loan out every month to cover the same or increased shortfall

8 0
2 years ago
Select all that apply. Select other ways to measure the quality of life in a country besides the real GDP per capita.
Nata [24]
GDP stands for Gross Domestic Product. When we refer to Per Capita GDP, this covers the gross income of the country, and this is divided by the number of population in that country. Basing on this definition, I can say that the other ways to measure the quality of life in a country aside from basing from per capita GDP is through Genuine Progress Indicator, and <span>Gross Domestic Product. Hope this helps.</span>
4 0
3 years ago
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