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2 years ago

A processing department is an organization unit ______.

Business

1 answer:

adoni [48]2 years ago

7 0

Explanation:

where work is performed on a product and where materials, labor, and OH costs are added to the product.

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Dyl Inc.'s bonds currently sell for $870 and have a par value of $1,000. They pay a $65 annual coupon and have a 15-year maturit

scZoUnD [109]

Answer:

Yield to maturity(YTM) = 8.02%

Explanation:

Nper = 15

PMT = 65

PV = -870

FV = 1000

Yield to maturity(YTM) = Rate(Nper, PMT, -PV, FV)

Yield to maturity(YTM) = Rate(15,65, -870, 1000)

Yield to maturity(YTM) = 0.080207047

Yield to maturity(YTM) = 8.02%

4 0

3 years ago

Selzik Company makes super-premium cake mixes that go through two processing departments—Blending and Packaging. The following a

solmaris [256]

Answer:

Please see answers below

Explanation:

We know that ;

Beginning work WIP 10,000

Units started 170,000

a. Ending WIP 20,000

Material 100% complete = 20,000 EU

Conversion 100% complete = 8,000 EU

b. Units completed = 160,000

Units started and completed = 150,000

Beginning WIP costs;

Materials cost $8,500

Conversion cost $4,900

Costs added during the period;

Materials cost $139,400

Conversion cost $244,200

Equivalent units for July;

EU for materials = 170,000

EU for conversion = 7,000 + 150,000 + 8,000 = 165,000

Costs per EU:

Materials = $139,400 / 170,000 = $0.82 per EU

Conversion = $244,200 / 165,000 = $1.48 per EU

c. Total costs;

Ending WIP = [20,000 × $0.82] + [8,000 × $1.48] = $28,240

Units transferred out = [$383,600 - $28,240] + $8,500 + $4,900 = $368,760

d. Therefore,

Costs to be accounted for ;

Beginning work in process $13,400

Cost added $383,600

Total costs to be accounted for $397,000

Also,

Costs account ted for are as follow

Units transferred out $368,760

Ending WIP $28,240

Total costs accounted for $397,000

5 0

3 years ago

Nittany Company borrowed $60,000 from Lion Corporation on September 1, 2018 signing a 9-month payable with an interest rate of 3

Julli [10]

Answer:

the interest expense that should be recorded in the income statement is $600

Explanation:

The computation of the interest expense is shown below:

= Borrowed amount × rate of interest × given months

= $60,000 × 0.03 ÷ 12 × 4 months

= $600

Hence, the interest expense that should be recorded in the income statement is $600

3 0

3 years ago

The advantage to departmentalizing by the function performed is Group of answer choices A. increased accountability for product

OLEGan [10]

Answer: Option B

Explanation: In simple words, functional departmentalization refers to the process in which an organisation makes different departments within, for performing different tasks.

For example - all the activities related to procurement of money will be performed by finance department.

The main advantage of doing so is that each department will perform only specific assigned activities and all the employees working in the departments will be those who are experts in the field.

8 0

4 years ago

The emphasis of the Second New Deal was on a.economic recovery, creating government programs to address the immediate needs of t

Artist 52 [7]

The correct answer is A) economic recovery, creating government programs to address the immediate needs of the unemployed.

The emphasis of the Second New Deal was on economic recovery, creating government programs to address the immediate needs of the unemployed.

The Second New Deal included new programs to extend federal aid and stimulate the nation's economy, such as the Rural Electrification Administration.

In the decade of 1930s, rural America had no electricity and clear water. The Rural Electrification Administration hired Lester Beall, a graphic designer that created a series of posters describing the benefits of electrification for the communities.

Another example is President Roosevelt’s works progress administration of 1935 that considered many infrastructure programs for the benefit of the U.S. citizens. He also considered the Federal Project Number One. This was a program aimed to help writers, musicians, and artists. Roosevelt aimed to get jobs for these people in order to entertain the American citizens during those difficult times.

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3 years ago