In the month of June, a department had 20,000 units in beginning work in process that were 70% complete. During June, 90,000 units were transferred into production from another department. At the end of June there were 10,000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. The equivalent units of production for conversion costs for June were

Answers

Answer 1

Answer:

Equivalent units of production for conversion costs for June were :

104,000 units  - Weighted Average Cost method

90,000 units   - FIFO method

Explanation:

If Weighted Average Cost method is used for this question.

Conversion Costs

Units Completed and Transferred (100,000 x 100%)      100,000

Units In Ending Work In Process (10,000 x 40%)                4,000

Total Equivalent units of production                                104,000

If FIFO method is used for this question.

Conversion Costs

To finish Opening Work In Process (20,000 x 30%)          6,000

Started and Completed  (80,000 x 100%)                        80,000

Units In Ending Work In Process (10,000 x 40%)               4,000

Total Equivalent units of production                                 90,000

 


Related Questions

Unlike savings accounts, banks expect people to make frequent withdrawals and deposits to checking accounts.

True

False


Answers

I’m pretty sure it’s false!

Answer:

true

Explanation:

Whether to see your charges every withdrawals and deposits you make

Manual Company sells goods to Nolan Company during 2017. It offers Nolan the following rebates based on total sales to Nolan. If total yearly sales to Nolan are 10,000 units, it will grant a rebate of 2.00%. If it sells up to 20,000 units, it will grant a rebate of 4.00%. If it sells up to 30,000 units, it will grant a rebate of 6.00% In the first quarter of the year, Manual sells 11,000 units to Nolan at a sales price of $110,000.00. Manual, based on past experience, has sold over 40,000 units to Nolan per year. Based upon the above information, what amount should Manual record as revenue based upon both the net and gross method? (check figure: gross method sales revenue $107,800.00)

Answers

Answer: See explanation

Explanation:

Based on the information given in the question, we should note that while using the gross method, the revenue gotten from sales will be calculated by subtracting the rebate of 2% from the full invoice amount of $110,000. This will be:

= $110,000 - (2% × $110,000)

= $110,000 - (0.02 × $110,000)

= $110,000 - $2200

= $107800

Using the net method, the revenue gotten from sales will be calculated by subtracting the rebate of 6% from the full invoice amount of $110,000. This will be:

= $110,000 - (6% × $110,000)

= $110,000 - (0.06 × $110,000)

= $110,000 - $6600

= $103400

A manager who is reactive and works hard to address problems after they occur is known as a . (a) problem seeker (b) problem avoider (c) problem solver (d) problem manager

Answers

Answer:

(c) problem solver

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

Hence, a manager who is reactive and works hard to address problems after they occur is known as a problem solver.

This ultimately implies that, a problem solver proffer solutions to a problem after it has occurred already. Problem solver are reactive rather than being proactive by preventing or mitigating the possibility of a problem arising.

I want to become either a rapper or an artist in arts. how do i follow my dream.

Answers

Answer:

tottally do it

Explanation:

Answer:

practice practice practice

Explanation:

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An employee who works from home is participating in what activity?​

Answers

Answer:

TELECOMMUTING

Explanation:

the name, or answer to an employee working from home would be called: a telecommuting employee
hope this helps!! <3

name both anime characters
WRONG ANSWERS ONLY!!!!!!!!!!

Answers

Answer:

it vegata loll..............

Answer: it’s definitely bakugo

Explanation:

plz,what is memorandum​

Answers

Answer:

A written message in business or diplomacy.

Explanation:

I hope that this helps!! :)))

an informal written record of an agreement that has not yet become official.

A memorandum (abbrev.: memo; from Latin memorandum est, "It must be remembered") is a written message that may be used in a business office. ... In business, a memo is typically used by firms for internal communication, while letters are typically for external communication.

explain the role of the board of directors in a public company.provide four points​

Answers

Answer:

A group of people who make decisions that determine the future of a company.

Explanation:

Board of Directors are basically the ones calling all the shots in a company. They decide all the major decisions relating to their business and it could affect every employee and employer of the company. They can decide anything from who gets fired and who stays on their team to new ways to produce the product that they sell.

Hope this helps.

what is meant by net operating surplus​

Answers

Answer: See explanation

Explanation:

Net operating surplus is the balance that shows how income is allocated between production factors and the government sector. It measures the yield from the factors of production like the land, the capital and labour in the income account.

It is also referred to as the difference between the gross operating surplus and the capital consumption which is fixed.

In a model with two large open economies, the world real interest rate is such that A. desired international lending by one country equals desired international borrowing by the other country. B. desired international borrowing will be the same in both countries. C. desired international lending will be the same in both countries. D. desired international lending and borrowing will be zero in both countries.

Answers

Answer:

A. desired international lending by one country equals desired international borrowing by the other country.

Explanation:

Rate of return can be defined as the percentage of interest or dividends earned on money that is invested.

In Financial accounting, a return refers to the amount of profit generated by an investor on an investment over a specific period of time.

Basically, the rate of return which is typically expressed as a percentage of the initial costs of an investment can either be a gain or a loss on an investment. Therefore, a positive rate of return on an investment over a specific period of time, simply means that an investor is making a profit (gains) while a negative rate of return on an investment over a specific period of time, indicates that the investor is running at a loss.

In a model with two large open economies, the world real interest rate is such that desired international lending by one country equals desired international borrowing by the other country.

Thus, the willingness of one country to lend is met by an equal willingness of another country to borrow.

Select the correct answer from each drop-down menu.

Fill in the correct terms to complete the description of Mischa going through the home-buying process

Mischa wants to buy a home. She has looked at the housing market. Now she needs to find a ______ to become _______ for a mortgage. By doing so, Mischa will know how much she has to spend on a house.

A.real estate agent B.lender C.closeing company D.title company

a.eligible b.wait listed c.credit checked d.prequalified ​

Answers

Answer:

B. lender

d. prequalified ​

Explanation:

Mortgage brokering can be defined as a process which typically involves a mortgage broker acting as an intermediary between a financial institution (mortgage bank) offering loans and an individual that seeks to collect a loan.

Generally, all financial assets or securities can be securitized i.e turned into a tradable item that can be used to generate money for a potential investor or the owner of the financial asset. For example, a mortgage backed security can be used as securitization.

In the home-buying process, sellers usually require the buyer to present a mortgage pre-qualification in order to have an estimate of their financial capacity to buy a house. This qualification or approval determines the amount of money a lender can lend to a home-buyer who wishes to buy a house.

Additionally, some of the requirements to obtain a pre-qualification letter from a lender includes employment status, good credit score, proof of income and assets, etc.

In this scenario, Mischa wants to buy a home. She has looked at the housing market. Now she needs to find a lender to become prequalified for a mortgage. By doing so, Mischa will know how much she has to spend on a house.

the directors want to give R500 000 to a local school.Give Two reasons why companies take such decision.​

Answers

Answer:

To make investments that will grow over time and provide education for less fortunate children

To have a good public image so they can get more customers.

1. Which of the following is a dynamic industry covering a wide range of
job roles?
A. Bread and Pastry C. Handicrafts
B. Food and Beverage Service D. Public Director
________ 2. Which is not one of the main goals of Food and Beverage Services?
A. Impart value for money.
B. Promotes the heritage of a country with the use of
indigenous materials and it preserves traditional knowledge and
talents.
C. Provide friendly and welcoming atmosphere.
D. Provide professional, hygienic, and attentive service.
________ 3. Which job titles is similar to Wine maker?
A. Cookbook Author C. Line Chef
B. Food Entrepreneur D. Vineyard Manager
________ 4. Which of the following is NOT the primary duties of Chef?
A. Formulating original recipes
B. Overseeing kitchen management
C. Preparing meals
D. Satisfying patron requests in a timely manner

________ 5. Which career role includes overseeing the entire facility from the
accommodation to food services and be involved in many operations?
A. Baker C. Food and Beverage owner/manager
B. Chef D. Pastry artist
________ 6. Which job title is not similar to Service crew?
A. Bartender C. Front Desk Clerk
B. Culinary Historian D. Housekeeper
________ 7. Which career functions include creating new food and beverage
products, improving food processing methods and performing research for food
manufacturing companies?
A. Clinical Dietician C. Research Chef
B. Food Photographer D. Waiter
________ 8. Which is true about Food and Beverage Services?
A. Contributes a great deal to the profits in hospitality industry
B. Produce things with hands to meet the needs of the people in their
locality without using machines.
C. Refers to the grain-based food industry
D. Transformation of agricultural products into food, or of one form
of food into other forms.

________ 9. Which job title is similar to Food Photographer, Public Relations
Director and Social Media Specialist?
A. Culinary art instructor C. Restaurant Publicist
B. Nutritionist D. Wine Maker
________ 10. Which of the following job titles is included in unique careers?
A. Chef C. Food and Beverage Manager
B. Culinary Arts Instructor D. Service Crew

Answers

2=C because we don't produce beverages and food to welcome friends

Match the financial institution with its definition.

1. Brokerage Firm

2. Credit Union

3. Bank

a. An organization chartered by either the state where it is headquartered or by the federal government.

b. A non-profit company that is owned by its stockholders and provides checking accounts and other financial services.

c. A business where stocks, bonds or mutual funds are sold. They can be found in your hometown or on the internet.

Answers

Answer:

1. C

2. B

3. A

Explanation:

a. Bank: An organization chartered by either the state where it is headquartered or by the federal government.

A bank is said to be federally chartered when it is appropriately authorized and regulated by the federal government of a country with recourse to statutory laws but not the state government. Some examples of federally chartered banks are Wells Fargo Bank, Bank of England, Swiss National Bank, Citizen National Bank, Bank of Japan, PNC Bank, First National Bank, U.S. Bank, Reserve Bank of Australia, etc.

b. Credit Union: A non-profit company that is owned by its stockholders and provides checking accounts and other financial services.

A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks.

Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.

c. Brokerage Firm: A business where stocks, bonds or mutual funds are sold. They can be found in your hometown or on the internet.

A company faces two kinds of risk. An example of a firm-specific risk is the risk that a competitor might enter its market and take some of its customers. An example of a market risk is the risk that the economy might enter a recession, reducing sales. True or False: The company's shareholders would more likely demand a higher return due to the stock's firm-specific risk because it affects only that particular stock.

Answers

Answer:

true

FALSE

Explanation:

Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

Non systemic risk are risks that can be diversified away. they are also called company specific risk. Examples of this type of risk is a manager engaging in fraudulent activities.

On March 5 PV Inc purchased $3,300 worth of merchandise from Panther Supply with the terms 2/10,n/30 On March 14, PV Inc paid Panther Supply the amount owed less the discount. Show the journal entry for March 5 and March 14 a

Answers

I need help on my question

Oriole Company had 302000 shares of common stock issued and outstanding at December 31, 2020. During 2021, no additional common stock was issued. On January 1, 2021, Oriole issued 404000 shares of nonconvertible preferred stock. During 2021, Oriole declared and paid $171000 cash dividends on the common stock and $155000 on the nonconvertible preferred stock. Net income for the year ended December 31, 2021, was $964000. What should be Oriole's 2021 earnings per common share, rounded to the nearest penny

Answers

Answer: $2.68

Explanation:

Oriole's 2021 earnings per common share would be calculated by using the formula:

​​​​= (Net income - preference dividend) / outstanding common stock

= ($964000 - $155000) / 302000

= $809000 / 302000

= $2.68 per common share

Division P of Launch Corporation has the capacity for making 78,500 wheel sets per year and regularly sells 63,500 each year on the outside market. The regular sales price is $135 per wheel set, and the variable production cost per unit is $93. Division Q of Launch Corporation currently buys 33,500 wheel sets (of the kind made by Division P) yearly from an outside supplier at a price of $125 per wheel set. If Division Q were to buy the 33,500 wheel sets it needs annually from Division P at $115 per wheel set, the change in annual net operating income for the company as a whole, compared to what it is currently, would be:

Answers

Answer:

$295,000

Explanation:

Calculation to determine what the change in annual net operating income for the company as a whole, compared to what it is currently, would be:

Price paid by Division Q for 33,500 wheel sets: $4,187,500

(33,500*$125 per)

Less: Cost for Division P to produce 33,500 wheel sets × $93 per wheel set ($3,115,500)

Less: Lost profit for Division P to cut back sales to the outside ($777,000)

[($135 per wheel set − $93 per wheel set) × ( 78,500 wheel-63,500-33,500=18,500wheel sets):

Change in net annual operating income for the company as a whole $295,000

($4,187,500-$3,115,500-$777,000)

Therefore the change in annual net operating income for the company as a whole, compared to what it is currently, would be:$295,000

A nation that has a comparative advantage in producing a good or service compared to
another nation can produce that good or service with a lower
O Efficiency
O Profit
O Resource cost
O Opportunity cost

Answers

Answer:

Opportunity cost

Explanation:

A country is said to have a comparative advantage in producing a good, if it has a lower opportunity cost of producing that good in comparison to the other country. For instance if the opportunity cost of producing Wheat in U.S is 2. While that in China is 1. It shows that China has a comparative advantage in producing wheat as compared to the U.S.

So a nation that has a comparative advantage in producing a good or service compared to the other nation can produce that good or service with a lower opportunity cost.

Efficiency, Profit and Resource cost are not directly related to comparative advantage. Although efficiency can contribute towards lower opportunity cost but it is not a scale used for international trade.

Thus, lower opportunity cost is the best alternative.

Help need ASAP!

Anita wants to start an online business and not use her real name. What type of form will Anita need to complete when opening a business?

A. Franchise
B. DBA (doing business as)
C. Trademark
D. Corporation

Answers

Answer:

C. Trademark

Explanation:

.

Compare these two sections of resumes. Which is more appropriate? a. - Completed nine-hour training course • Ran simulation software, • Used test probe to test over one hundred parts - Started a test plan document. b. Completed nine-hour training course • Ran simulation software • Used test probe to test over one hundred parts • Started a test plan document JURG Fil, Ir. Ob a​

Answers

Answer:

the second one

Explanation:

Oracle, a firm that sells commercial ERP and database products, provides Linux for free, selling high-margin Linux support contracts for as much as five hundred thousand dollars. Oracle's motivation for this lies in: Group of answer choices accelerating the shift of open source software towards a proprietary regime. impoverishing other open source developers and furthering its own proprietary offerings. protecting itself from the risks of distributing code while unaware of legal implications. using open source software to fuel sales of hardware. using open source software to wean customers away from competitors.

Answers

Answer: using open source software to wean customers away from competitors.

Explanation:

From the question, we are provided the information that Oracle, a firm that sells commercial ERP and database products, provides Linux for free.

Based on other information given in the question, we can infer that Oracle's motivation for this lies in using open source software to wean customers away from competitors.

Since Linux is being provided free by Oracle, this is a way of moving customers towards the company and away from other competitors.

Quotes to say your paper airplane is the best?

Answers

Answer:

my paper airplane is the best .

Explanation:

The Aerodynamic lift of my airplane gives it the power to move through the air smoothly.

John Deere is a manufacturer of agriculture equipment. Deere supplies replacement parts to dealerships across the globe. John Deere has begun utilizing technology so it can identify the geographic location of the parts. This information is available to dealerships and is especially useful in reducing equipment downtime. Agriculture equipment owners can have their machines repaired with replacement parts in a shorter amount of time than before the use of the tracking technology. This is an example of a phenomenon referred to as the _______.

Answers

Answer: Internet of Things

Explanation:

The above scenario explained in the question shows that John is utilizing the Internet of Things.

Internet of Things (IoT) simply refers to the internet-connected objects which can be used to gather data over a wireless network and also transfer them.

The Internet of things is vital in this case as it helps to to have devices that self report in real-time, and improving efficiency.

​Use the following to answer the questions. ​ Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands. ​Refer to Scenario 12.3. Ray-Ban's plan of gathering information about the other brands sold in department stores, including their prices, would most likely be used in a ____ basis for pricing.

Answers

Answer: Demand based pricing

Explanation:

Ray-Ban's plan of gathering information about the other brands sold in department stores, which includes their prices, would most likely be used in a demand based basis for pricing

Demand-based pricing, refers to the method of pricing whereby the fluctuations in the demand of consumers is considered.

Due to the flctuations, the prices are adjusted in a way that fits the changes in the values of the product.

How will $9.82 in change be given from a $20.00 bill?

$10 bill__
$5 bill__
$1 bill__
Quarter__
Dime__
Nickel__
Penny__

answer choices for the blanks are 0, 1, 2, 3, 4

Answers

I believe the answer is;
1 $10 bill
1 Dime
1 Nickel
3 Pennies

Answer:

1 $10 bill

1 Dime

1 Nickel

3 Pennies.

Explanation:

name and explain two factors that contribute to a detrimental relationship?​

Answers

Answer:

The two factors that contribute to a detrimental relationship are infidelity and lack of communication. Further Explanation: Detrimental relationship is a type of harmful relationship that may hurt a person in a relationship. Detrimental is something that has a damaging and harmful effect on someone or something

Explanation:

Environmental scanning is conducted only when a new business is opened. True or False?

Answers

The answer to this question is false

I WILL GIVE BRAINLIES, FIVE STARS AND MY THANFUL THANKS!!!~
Using complete sentences post a detailed response to the following.

Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representative for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?

Answers

Answer:

they need more detail because how is his livelihood

Explanation:

(a) What kinds of financial assets are traded in capital markets? (b) How are these different from the financial assets traded in money markets?

Answers

Answer: See explanation

Explanation:

Capital market is a market where securities are being sold such as stocks, bonds etc. The financial assets traded in capital markets are usually bonds, and stocks.

On the other hand, money market refers to the market where short term debt investments are traded. The financial assets traded include promissory notes, treasury bills, commercial papers, certificates of deposit, etc.

Considering the financial analysis, the kinds of financial assets traded in capital markets include bonds and stocks.

The stocks are known to be a form of shares in the ownership of a business or company.

On the other hand, bonds are the debt that the issuing entity pledges to repay at an agreed date.

The capital market is different from the financial assets traded in money markets because the Capital market is riskier and of long term assets. In contrast, money markets are less riskier, and they are short-term assets.

Financial assets that are traded in the money market include the following:

Treasury bills, Certificates of deposit,Commercial paper, Federal funds, Bills of exchange, etc.

Hence, in this case, it is concluded that the capital market is different from financial assets in many ways.

Learn more about the capital market here: https://brainly.com/question/21863998

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Can somebody tell me if these are right Branliest to correct answer explain how you solved it please What is the total length of all meteors that are 1 6/8 inches?A line plot with the title, length of meteors. The data is a measurement in inches. The line plot goes from two eighths to one and seven eighths, with fourteen tick marks in all. The first tick mark is two eighths and has one data point. The second tick mark is three eighths and has three data points. The third tick mark is four eighths and has two data points. The fourth tick mark is five eighths and has no data points. The fifth tick mark is six eighths and has two data points. The sixth tick mark is seven eighths and has no data points. The seventh tick mark is one and has no data points. The eighth tick mark is one and one eighth and has no data points. The ninth tick mark is one and two eighths and has one data point. The tenth tick mark is one and three-eighths and has two data points. The eleventh tick mark is one and four eighths and has no data points. The twelfth tick mark is one and five-eighths and has no data points. The thirteenth tick mark is one and six eighths and has two data points. The fourteenth tick mark is one and seven eighths and has one data point. three and four-eighths inches three and five-eighths inches four and seven-eighths inches three and seven-eighths inches What is the solution to the inequality -7x+37 HELP NO WRONG ANSWER PLS how many hydrogen molecules are there in 1 ton of hydrogen? 2 - Consejos (Advice)Click each item to hear what people are not doing and, keeping the same subjects, record statements about what they should be doing. Follow the model. After submitting, compare your answers to the speaker's.QuestionsModeloYou hear: Elena no trabaja.You say: Elena tiene que trabajar.1. T no comes bien2. Yo no practico el vocabulario mucho3. Luis y Eva no estudias4. Nosotros no hablamos mucho en clase5. Carlos no viene a clase6. Ustedes no preparan la tarea 7. Some delegates refused to sign the Constitution because they thought that it...A. would affect trade agreements between states.B. was unfair to the smaller states in the Union.C. was the result of too many compromises.D. gave too much power to the national government.8. What essential idea in the Roman Republic influenced the U.S. government?A. Government should have three branches.B. Government consisted of elected representatives.C. People have basic rights.D. Property should be equally distributed.9. John Locke's ideas influenced the Constitution in several ways, including his idea that...A. government should control free enterprise.B. government is an agreement between ruler and the ruled.C. compromise was necessary in forming a government.D. the people have no right to rebel against a government.10. Montesquieu's idea of separation of powers kept one person or group of people from gaining too much power by... 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Artistic achievement was financially supported during the Renaissance via (1) Super PACS (2) Investments from banks (3) Insurance payments (4) Patronage What is the distance between -2 1/2, 4 1/2 and 4 3/4, 4 1/2A. 2 1/4 unitsB. 4 1/2 unitsC. 7 1/4 unitsD. 9 1/4 unitsPlease help this is due tomorrow :( Choose the correct answer.All verbs can be either transitive or intransitive as long as they have an object.A) It is true.B) This is false Choose Yes or No to tell if the fraction 58 will make each equation true. 815=37 Yes 516=58 No 7812= No 3418= Yes 16% of what is 60? PLZ I NEED HELP HELPDSHJF PLEASE SHAWTY PLEASEE In 1939, France and Great Britain declared war on Germany as a direct result of the GermanAannexation of Austria.Boccupation of the Rhineland.seizure of the Sudetenland.Dinvasion of Poland. en una granja sembraron 20 parcelas de locotes, con 40 plantas en cada una Cuntas plantas de locotes se tienes? How did the Erie Canal transform New York State?It led to an economic depression across upstate New York that the region has yet to recover from It caused massive environmental damage to beaver dams across upstate New YorkIt made railroad travel faster than ship travel between the the Great Lakes and Hudson RiverIt linked New York State to trade across the Great Lakes and concentrated goods from across America into New York City PLEASE HELP ASAP I WILL GIVE BRAINLILIST Let () = 3(2)^ and () = 14.Complete the table to determine the solutions of () = 3(2)^ = () = 14.The solution of () = 3(2) = () = 14 is = ______ -1/2 + 5/6 please and thank you