During a period, 38,200 units were completed and 5,300 units were in ending WIP Inventory. Ending WIP was 70% complete for direct materials and 50% complete for conversion costs. What are the equivalent units for conversion costs

Answers

Answer 1

Answer: 40,850 units

Explanation:

38,200 units were already completed.

Of the ending WIP, conversion costs were:

= 50% * 5,300

= 2,650 units

Total Equi. units = 38,200 + 2,650

= 40,850 units


Related Questions

what are some fixed costs of a grocery store

Answers

Answer:

Rental lease payments, property taxes, interest expenses, insurance, or salaries.

Explanation:

Fixed costs are the expenditures that doesn't change base on sales.

In your own words, describe the differences between the industrial organization (I/O) and the resource-based models of above-average returns. As an analyst, how would you determine the significance or validity of these models with respect to a given industry

Answers

Answer:

The differences between the industrial organization (I/O) and the resource-based models of above-average returns can be summarized as follows:

1. The I/O model stresses that above-average returns can only be achieved given the opportunities and threats of the prevailing market structure.  This implies that the returns that the entity achieves depend on whether the market is a perfect competition, a monopoly, a monopolistic competition, or an oligopoly.  It is eternally-focused.  The I/O model is a market-based strategic approach that is environmentally-driven.

2. On the other hand, the resource-based model explains that the entity could achieve above-average returns because of the entity's unique or heterogeneous resources and capabilities.  Therefore, this approach tends to match a firm's resources and capabilities to the market opportunities that arise in the external environment.  This strategic approach concentrates on the strengths and weaknesses of the internal resources and capability endowment.

3. In any given industry, the significance or validity of these models can be determined by examining how the business entity spends its resources.  Is the entity developing its internal capability through training and, what is its cultural orientation?  Or is it fighting the competition with its resources, thereby dissipating energy on market positioning?

Explanation:

The I/O model or market-based theory is of the view that market opportunities and threats determine the achievable outcomes for an entity.  It takes what the market gives.  The resource-based theory has a different view.  It suggests that the internal resources an entity possesses are valuable, rare, uncommon, and difficult for competitors to replicate.  Therefore, it tries to develop these resources and capabilities in order to achieve superior performance.  It is not a price or profit taker but a price mover and profit shaker.

The use of real property that is changed or prohibited by a subsequent zoning regulation is known as a:

Answers

Answer:

A nonconforming use.

Explanation:

The use of real property that is changed or prohibited by a subsequent zoning regulation is known as a nonconforming use.

This ultimately implies that, when a property is allowed to be used legally under the zoning regulations (ordinances) during the period it was established but no longer permitted for use, as a result of subsequent change made by a prior owner or in the zoning regulations (ordinances).

Create a flow chart that shows the hierarchy of the US Banking Systems.

Answers

Answer:

NOOB

Explanation:

Which of the following careers does NOT work with patients or the public?
A.
Social worker
B.
Laboratory technician
C.
Hair stylist
D.
Substance abuse counselor

Answers

Answer:

B. Laboratory technician

Explanation:

Laboratory technicians don't work with patients or the public.

Answer:

B.Laboratory technician

Explanation:

"A lab technician analyzes samples such as body fluids and chemicals. They assist scientists and medical personnel with tasks such as keeping records and conducting tests." They do not have patients, or work with the public, they work for them, to make scientific analises. Hope this help!!

A positive statement is Group of answer choices can be shown to be correct or incorrect. based upon an optimistic judgment. a value judgment. reflects one’s opinions.

Answers

Answer: can be shown to be correct or incorrect.

Explanation:

Positive statement are statements that are objective in nature based on research and evidence. This means that they can be shown to be either correct or incorrect.

They are not based on optimistic judgement but on objective judgement. They are not value judgements either and are not meant to reflect one's opinions but rather that of fact.

1
Select the correct text in the passage.
Which sentences highlight the correct way of preparing stewed potato?
Olivia chooses to prepare stewed potato during the weekend. She warms vegetable broth over medium heat. She then cuts potatoes into 1"
chunks. She adds potatoes to the broth, covers the lid and cooks it at low heat until the potatoes become tender. Jessica, too, likes stewed
potato. She peels, and boils potatoes until tender. She then uses an electric mixer to mix potatoes and salt until the dish shows a smooth
texture
Reset
Next

Answers

Answer:

She then cuts potatoes into 1" chunks. She adds potatoes to the broth, covers the lid and cooks it at low heat until the potatoes become tender.

Explanation:

Stewed Potatoes is a very popular dish in the South and can be prepared in various ways but there are methods that are universal.

One such method is to cut the potato into chunks then adding these chunks to water/ broth and then ingredients. When the potato boils, cook it at a low heat until it becomes the desired level of tender.

A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. a. Determine the economic order quantity.

Answers

Answer:

EOQ= 18

Explanation:

Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.

To calculate the economic order quantity (EOQ), we need to use the following formula:

Economic order quantity (EOQ)= √[(2*D*S)/H]

D= Demand in units

S= Order cost

H= Holding cost

D= 1,215

S= $10

H= $75

Economic order quantity (EOQ)= √[(2*1,215*10)/75]

EOQ= 18

Sources of economic growth would include an increase in:

a. Investment spending.
b. Financial investment.
c. Consumer spending.
d. Government spending.
e. Consumer saving

Answers

Answer:

Option e: Consumer saving

Explanation:

Consumer saving shows that the economy of a given country is growing. When a citizen of a country is employed, then unemployment decreases and consumers can be afford to buy some of their needs and still save some amount of money or valuables for future use. It shows that the economy growth is increasing in that country.

An increase in consumer savings can lead to more production, investment and others.

what are some common tasks performed by Municipal Clerks? Check all that apply.

recording and editing the minutes (notes) of meetings
performing inspections to make sure restaurants meet standards
planning the maintenance of documents
issuing public notifications of meetings
drafting and proposing legislation
traveling to attend conferences in other states
participating in administration of elections

Answers

Answer:

record minutes of council meetings; answer official correspondence; keep fiscal records and accounts; and prepare reports on civic needs.

Answer:

1, 3, 4, 7

Explanation:

Hi, I'm sorry I'm late but maybe it will help others. ;D

A decrease in consumer spending can be expected to shift the aggregate demand curve ________.

a. upward and cause output to rise
b. upward and cause output to decline
c. downward and cause output to rise
d. downward and cause output to decrease
e supply of the Canadian dollar in the foreign exchange market rises.

Answers

Answer:

d. downward and cause output to decrease

Explanation:

As we know that

Aggregate demand = Consumption expenditure + government expenditure + net export

Where,

Net export = Export - import

In the case when there is a reduction in the consumer spending so it would be expected that the aggregate demand curve would be shifted to the downward due to which it results in reduction in output

Therefore the option d is correct

Suppose you bought a 8 percent coupon bond one year ago for $1,070. The bond sells for $1,135 today. Requirement 1:Assuming a $1,000 face value, what was your total dollar return on this investment over the past year

Answers

Answer:

The total dollar return on this investment over the past year is $145.

Explanation:

The total return will be the sum of the interest income received from the bond and any price apppreciation received after one year period.

First we need to determine the interest income

Interest income = Face value of the bond x Coupon rate

where

Face value = $1,000

Coupon rate = 8%

Interest income = $1,000 x 8%

Interest income = $80

Now calculate the price appreciation

Price appreciation = Present value of the bond - Purchase value of the bond

Where

Present value of the bond = $1,135

Purchase value of the bond  = $1,070

Placing values in the formula

Price appreciation = $1,135 - $1,070

Price appreciation = $65

Now calculate the total return

Total return = Interest income +  Price appreication

Total return = $80 + $65

Total return = $145

Suppose the United States chose to legalize the production and use of marijuana, but also decided to put a tax on the good. After doing so, suppose that the price that consumers paid fell, and the amount that growers got to keep also fell. This would

Answers

Answer:

indicate that the demand-side effect was greater than the supply-side effect.

Explanation:

In the case when the United States wants to select for legalization the production and chose the marijuana also at the same time it is decided to put a tax on the good now after that the price that paid by the consumers would fall and the amount also fall this would result in sharing the tax burden between the producers and consumers as the demand effect is greater than the supplies effect

Why is it important for manufacturing companies to know the manufacturing cost of each of the products they make

Answers

Answer:

Manufacturing cost per unit is important to monitor. These, in many ways, represent the efficiency of the production process. If labor, material, or overhead costs appear too high then action must be taken. You must change and balance all of these costs to maximize shareholder value.

If yu recieved $10,000, how would you choose to spend it?

Answers

Answer:

I would by a house and provide for family hbu???

Explanation:

I would buy a bunch of junk like electronics and use the rest for debt or I would donate the rest to a children’s hospital

A theory of strategic factor markets suggests that the resources a firm possesses might give it an advantage versus competitors in labor markets such as this one. Which firm resource might be consistent with this position

Answers

Explanation:

Organizations are integrated systems that use resources to achieve certain objectives and goals and become profitable and competitive.

Globalization was a phenomenon that contributed to an increase in the flow of information and changes in technologies and paradigms that contributed to a greater speed in consumer trends, and in the number of companies competing in the market.

Therefore, to achieve competitive advantage, it is not enough for the organization to use its resources in a conventional way, it is necessary to use strategies to add value to its processes. Considering the current business scenario, it can be said that the human resource in companies is the one that will give it a sustainable competitive advantage, since the knowledge acquired is one of the main resources used for the company to position itself in relation to competitors, each time more companies are promoters of social responsibility, so prioritizing knowledge and its stakeholders will always be the most advantageous option for creating value and competitive advantages.

The Jones Corporation uses a process system. During the current period, 2,500 units were started and 1,100 units were completed and transferred out. Ending units were 60% complete for materials and 45% complete for conversion costs. Direct materials costs added were $35,405 and conversion costs added were $32,870. There was no beginning WIP Inventory and conversion costs are added evenly throughout the process. At the end of the period, the cost per equivalent unit for conversion costs would be closest to

Answers

Answer:

The Jones Corporation

At the end of the period, the cost per equivalent unit for conversion costs would be closest to:

$19

Explanation:

a) Data and Calculations:

Units started during the current period = 2,500

Units completed and transferred out =      1,100

Ending inventory of units =                         1,400

Degree of completion for ending inventory:

Materials = 60%

Conversion = 45%

Equivalent production:

                                                 Direct materials              Conversion

Started and completed                  1,100                           1,100  (100%)

Ending inventory                              840  (1,400 * 60%)    630 (1,400 *45%)

Total equivalent unit                      1,940                          1,730

Cost per equivalent unit:

                                   Direct materials     Conversion

Cost incurred                $35,405                 $32,870

Total equivalent unit         1,940                      1,730

Cost per equivalent unit $18.25                    $19

describe the cycle that dictates the economic ups and down of the hotel industry

Answers

The ups are when the vacation season starts and the down are when the weekdays

The terms of business cycle which includes expansion, growth, peak, recession describes the Ups and down of the hotel industry

Business cycle refers to the cyclical upswings and downswings of a  business in its output, employment, income, sales etc

The 4 stages of business cycle includes:

expansionpeakcontractiontrough/recession.

In conclusion, the terms of business cycle which includes expansion, growth, peak, recession describes the Ups and down of the hotel industry

Read more about business cycle

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Which lists the amount of education required for the Transportation and Logistics careers from least to greatest?

Brownfield Redevelopment Specialists, Ship Loaders, Aviation Inspectors
Transportation Planners, Diesel Engine Specialists, Freight Forwarders
Bicycle Repairers, Airline Pilots, Tank Loaders
Taxi Drivers, Aircraft Mechanics,Traffic Technicians

Answers

Answer:

It's D)

Explanation:

Taxi Drivers have bare minimum degrees, Aircraft Mechanics have associates or Bachelors, and Traffic Technicians have Bachelors or higher degrees.

Hope this helped! :D

Answer:

D

Explanation:

Im completly not sure but Im 99 %

An encumbrance: Group of answer choices is always a lien. burdens the property. cannot affect the physical use of a property. all of the answers are correct.

Answers

Answer:

burdens the property.

Explanation:

An encumbrance may be defined as the legal liability or interest in a property which does not prohibits the passing title to the property, instead it can diminish value. In other words it is an obstruction or a burden.

It is a claim by a party against a property who is not the owner of the property. It largely impacts the transferability of that property and also restrict the free use until encumbrance is lifted. It is the obstructions which impedes and is burdensome.

how will you prove that a piece of stone occupies space​

Answers

Explanation:

it is so weird, but try to understand

Blossom Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2020 are provided below. Unit selling price of security control $45 Unit variable costs $22 Total monthly fixed costs $121,000 Units sold 7,500 Prepare a CVP income statement for Blossom Industries for the month of May. Provide per unit values and total values.

Answers

Explanation:

                          Total                                   Per Unit

Sales                          $  337,500                            $  45

Less: Variable Cost  $  165,000                            $  22

Contribution margin  $  172,500                                    $  23

Less : Fixed Cost          $  121,000  

Profit                          $  51,500  

Sales Total = $ 45 * 7,500 Units

Variable Cost Total = $ 22 * 7,500 Units

Contribution Margin Total = $ 23 * 7500 Units

what do investors use the income statements of organizations for?​

Answers

Investors use income statements to determine the profitability of a company over time. You can also look for trends in company spending and earnings because the statement breaks down individual revenue and expenses.

Hope it helps u..........!

Y3K, Inc., has sales of $6,229, total assets of $2,845, and a debt-equity ratio of 1.6. If its return on equity is 12 percent, what is its net income?

Answers

Answer: $131.31

Explanation:

The following can be gotten from the question:

Debt to equity ratio = 1.60

Since Asset = debt+ equity

Let's represent equity = x

Therefore, 2845 = 1.60x + x

2845 = 2.60x

x = 2845 / 2.60

x = 1094.23

Therefore, equity = 1094.23

Then Debt will be:

= 1094.23 × 1.60

= 1750.77

Since the return on equity is given as 12%, then:

ROE = Net Income/ equity

0.12 = Net income / 1094.23

Net income = 1094.23 × 0.12

= 131.31

Damon convinced his aunt to lend him $6,900 to purchase a plasma digital TV. She has agreed to charge only 12 percent simple interest, and he has agreed to repay the loan at the end of one year. How much interest will he pay for the year

Answers

Answer:

444

Explanation:

Simple Interest for a year can be calculated using

I = PRT/100

P= Principle amount

R= percent simple interest

T= time

(3700)(12)(1)/100 = 444

the work in process inventory account of a manufacturing company shows a balance of $2,400. from this information, it appears that the compnay is suing a predetermined overhead rate, as a percentageof direct labor costs, of: g

Answers

Answer: 125%

Explanation:

Here's the complete question:

The Work in Process inventory account of a manufacturing company shows a balance of $2,400 at the end of an accounting period. The job cost sheets of the two uncompleted jobsshow charges of $400 and $200 for direct materials, and charges of $300 and $500 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of:

A. 80%

B. 125%

C. 300%

D. 240%

First, we have to calculate the overhead cost of the incomplete jobs. This would be:

Ending Work in process balance = $2,400

Less: Direct materials cost of uncompleted Jobs = $600

Less: Direct labor cost of uncompleted Jobs = $800

Therefore, Overhead cost of Uncompleted Jobs = $1,000

Then, the predetermined overhead rate would be calculated as:

= Overhead cost / Direct labor cost of the uncompleted Jobs

= $1000 / $800

= 1.25

= 125% of direct labor cost

The following costs were for Optimal View Inc., a contact lens manufacturer: Output Fixed Cost Variable Cost Total Costs 270 $ 5,300 $ 10,000 $ 15,300 320 5,300 12,000 17,300 370 5,300 14,000 19,300 420 5,300 16,000 21,300 At an output level of 500 lenses, per unit total cost is projected to be:

Answers

Answer:

Per unit total cost $49.00

Explanation:

The per unit total cost is as follows;

Particulars     Total Costs    Output

High level     $21,300           420

Low level     $15,300           270

Difference   $6,000            150

Unit variable cost 40 ($6000 ÷ 150)

Fixed cost $4,500 ($21,300 - (420 × 40) )

Total cost at 500 lenses $24,500 ($4,500 + (500*40))

Per unit total cost $49.00 ($24,500 ÷ 500)

ook at these two sentences about Undeposited Funds: By posting to Undeposited Funds, you can create a single bank deposit for multiple payments, making it easy ___________. When receiving a payment, make sure _________________.

Answers

Answer:

1. To match your bank register with your bank statement; 2. the Deposit to account is Undeposited Funds

Explanation:

In order to reconcile with the company book accounts to the bank statement. If the posting is to be done in non-deposited funds so it would be develop the bank deposit for multiple payments that could easy for matching also at the time of payment received make sure that the deposit should be undeposited funds

So the same is relevant

If the future value of an ordinary, 7-year annuity is $10.000 and interest rates are 4 percent, what is the future value of the same annuity due?

Answers

Answer:

The future value of the same annuity due is $10,400.

Explanation:

Step 1: Calculation of the annuity payment

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = P * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value of the amount after 7 years = $10.000

P = Annuity payment = ?

r = interest rate = 4%, or 0.04

n = number of years = 7

Substituting the values into equation (1) and solve for P, we have:

10,000 = P * (((1 + 0.04)^7 - 1) / 0.04)

10,000 = P * 7.89829448089601

P = 10,000 / 7.89829448089601

P = $1,266.09612039504

Step 2: Calculation of the future value of the same annuity due

This can be calculated using the formula for calculating the Future Value (FV) of an Annuity Due as follows:

FV = P * (((1 + r)^n - 1) / r) * (1 + r) ................................. (2)

Where,

FV = Future value the same annuity due = ?

P = Annuity payment as obtained in Step 1 above = $1,266.09612039504

r = interest rate = 4%, or 0.04

n = number of years = 7

Substituting the values into equation (2), we have:

FV = $1,266.09612039504 * (((1 + 0.04)^7 - 1) / 0.04) * (1 + 0.04)

FV = $1,266.09612039504 * 7.89829448089601 * 1.04

FV = $10,400

Therefore, the future value of the same annuity due is $10,400.

Match the drawbacks of the scientific management theory to their respective outcomes in the workplace.
rigidity
lack of autonomy
mechanical nature
lack of feedback

Answers

Answer:

Explanation:

Plato Users

Production methods are standardized with no opportunity for individual initiative is known as lack of autonomy.

What are Production methods?

A production process is a way to use economic resources, such as labor, expensive machinery, or land, to create goods and services for customers.

The manufacturing process typically addresses how to effectively and productively produce goods for sale so that clients can receive them fast without compromising the product's quality.

Depending on their manufacturing objectives, production volumes, and technology tools or software systems, organizations can use a wide range of production methods.

Making broad-based production decisions that have an impact on the productivity levels of product development and sales is a crucial component of the job of a manufacturing manager. Choosing the best production method frequently depends on the kind of technology you have access to.

For instance, without the right technology to track, categorize, or manufacture these products appropriately, you might not be able to adhere to a clear mass production structure if you receive a lot of orders for the same product.

Learn more about Production methods, here

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