Assume the following information: Percent Complete Milling Department Units Materials Conversion Beginning work in process inventory 300 45 % 30 % Units started into production during March 5,900 Units completed during March and transferred to the next department 5,800 100 % 100 % Ending work in process inventory 400 40 % 45 % Using the weighted-average method, what is the equivalent units of production for materials

Answers

Answer 1

Answer:

Equivalent units of production for materials = 5960

Explanation:

Given:

Units transferred out = 5800

Units in ending inventory = 400

%age of completion for conversion = 40%

To calculate the equivalent units of production by using the formula:

Equivalent units of production for materials = units transferred out + ( units in ending inventory × %age of completion for conversion)

= 5800 + ( 400 × 40/100)

= 5800 + ( 400 × 0.4)

= 5800 + 160

= 5960


Related Questions

Where can a client identify the instant deposit options for their QuickBooks Payments account?

Answers

Answer:

in the settings

Explanation:

A QuickBooks payment service is a credit card processing option that is for the merchant accounts which includes the accounting software called QuickBook. It is managed by Intuit.

For instant deposit option in their QuickBooks payment account, a customer has to --

Select the Settings ⚙  button and then go to Account and settings. After that select the Payments tab and then go to the Deposit Speed section. From there select the Set a schedule for any instant deposits. Finally select the days for which you want instant deposits for.

The cost for direct labor is $30 per direct labor hour and the cost of the direct materials used by Job 603 is $1,400.How much manufacturing overhead would be allocated to Job 603 using the departmental overhead rates

Answers

Answer:

the total manufacturing overhead allocated is 610

Explanation:

The computation of the manufacturing overhead allocated is as follows;

= Assembly department + sandling department

= 50 × 11 + 15 × 4

= 550 + 60

= 610

Hence, the total manufacturing overhead allocated is 610

We simply applied the above formula so that the total manufacturing allocated to Job 603 could come

Rock industries allocates manufacturing overhead based on direct labor cost. any overallocated or underallocated overhead is closed monthly.calculate the cost of goods manufactured for november before procation of over or under allocated overhead

Answers

Answer:

Note: The full question is attached as picture below

Overhead Cost of one Month = Total Overhead Cost  / 12 Month

Overhead Cost of one Month = $403,200 / 12 month

Overhead Cost of one Month = $33,600

So, Overhead Chargeable Per Month is $33,600

PARTICULARS                                      AMOUNT

Direct Materials                                     $26,000

Direct Labor                                           $21,000

Manufacturing overhead Applied        $33,600

Total Manufacturing Expenses           $80,600

Less: Job Work in Process      

Direct Materials                                       $3,000

Direct Labor                                             $1,500

Cost of Goods Sold before proration  $76,100

of over or under allocated overhead

How companies can link their compensation and evaluations to organizational objectives?

Answers

Answer:

For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.

Explanation:

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 cylindrical garbage can has the dimensions shown.



A cylinder has a diameter labeled twelve inches and height labeled fifteen inches.
Question 1
Part A

What is the area of the horizontal cross section of the cylinder? Use 3.14 for π.

Enter the correct answer in the box.

about
square inches
Question 2
Part B

What is the area of the vertical cross section of the cylinder through the centers of the bases?

Enter the correct answer in the box.

square inches
Question 3
Part C

Which cross section has the greater area, and by how much?

Select the correct answers from the lists to complete the sentence.

The vertical cross section has the greater area, by about 66.96 square inches.

Answers

A cylindrical garbage can has the dimensions shown.

A cylinder has a diameter labeled twelve inches and height labeled fifteen inches.

Question 1

Part A

What is the area of the horizontal cross section of the cylinder? Use 3.14 for π.

Enter the correct answer in the box.

about

square inches

Question 2

Part B

What is the area of the vertical cross section of the cylinder through the centers of the bases?

Enter the correct answer in the box.

square inches

Question 3

Part C

Which cross section has the greater area, and by how much?

Select the correct answers from the lists to complete the sentence.

The vertical cross section has the greater area, by about 66.96 square inches.

which trends are reshaping
the business, microeconomic and
microeconomic environments and
Competitive arena?​

Answers

I think Identify the different engineering activities/steps in the engineering design process for each steps,summarize in 1–3 sentences what happens during the step?

When we compute the mean of a frequency distribution, why do we refer to this as an estimated mean?

Answers

Answer:

We call it an estimated mean because it represents the average of the data collected, and we assume that this average (estimated mean) represents the data collected. But this is not necessarily true since the estimated mean is not the same as all the different data collected. Most of the times, when we are working with statistics we do not know or are not even given all the data, we are just given the relevant ratios or indicators.

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

https://brainly.com/question/14337394

#SPJ5

Do “rules of the game” promote or prevent opportunism?

Answers

Answer:

promote I think

One of the founding principles of the ISO 9000 standard is that: a. the requirements are strictly the same, regardless of the organization b. it requires organizations to meet their own requirements as well as those of regulators c. the requirements are set and audited by the customers d. the requirements follow the Six Sigma methodology

Answers

Answer:

One of the founding principles of the ISO 9000 standard is that:

a. the requirements are strictly the same, regardless of the organization.

Explanation:

ISO 9000 standards describe the quality management standards that organizations can follow to increase business efficiency and customer satisfaction.  ISO 9000 embeds a quality management system within an organization, increasing productivity, reducing unnecessary costs, and ensuring quality of processes and products.  The IS0 9000 standards are not specific to any one industry and can be applied to organizations of any size.

1. Over the past year, a customer has surrendered, in whole or in part, three life insurance policies. If part of a money laundering operation, these transactions represent which stage

Answers

Answer:

It represents the Integration stage

Explanation:

Money laundering is an illegal chain of activities done by individuals or corporate bodies to change the status of money gotten through a criminal activity into legitimate money. This chain of activities starts with the Placement stage then transforms into the Layering stage, then ends when it is already integrated into the legitimate financial system through the Integration stage.

After the money launderer conceals the illegal money through bank deposits or purchasing a life insurance policy at the Placement stage, the launderer then proceeds to further break the money into smaller amounts to evade suspicion by numerous transactions and bank deposits at the Layering stage, which is then ended by partial or whole surrenders of life insurance policies to make it now legitimate money.

FVA Inc.’s net income for the most recent year was $40,825. The tax rate was 24 percent. The firm paid $10,320 in total interest expense and deducted $10,570 in depreciation expense. What was the cash coverage ratio for the year?

Answers

Answer: 7.23 times

Explanation:

Cash coverage ratio = Cash available/ Interest expense

Cash Available = Net Income before tax + Interest expense + Depreciation

= (40,825 / (1 - 24%)) + 10,320 + 10,570

= $74,607.11

Cash coverage ratio = 74,607.11/10,320

= 7.23 times

If you are the Head of H.R Department in Ali Manufacture Company and you have hire the totally fresh candidates in your company so what kind of training you will suggested; on the job training or off the job training

Answers

Answer:

on the job training

Explanation:

On the job training focuses on a more practical training, i.e. training new employees through real life situations. While off the job training is theoretical training that can be carried out somewhere else. The advantage of on the  job training is that new employees encounter the same type of situations that they will face on their jobs.

Golden Eagle invests 60% of their funds in stock I and the balance in stock J. The standard deviation of returns on I is 10%, and on J it is 20%. Calculate the variance of portfolio returns, assuming The correlation between the returns is 1.0 The correlation is .5. The correlation is 0.

Answers

Answer:

Variance of the portfolio = 1.96% for Correlation 1.0

Variance of the portfolio = 1.48% for Correlation 0.5

Variance of the portfolio = 1.00% for Correlation 0.0

Explanation:

Data Given:

Investment = 60% in stock I and the balance in ( 40% in stock J) = weights

Standard deviation on returns on I = 10%

Standard deviation on returns on J = 20%

Required:

Variance of portfolio returns.

Assumptions:

1) The correlation between returns is 1.0

2) The correlation is 0.5

3) The correlation is 0.0

Solution:σLet's suppose,

Weight of Stock I = w1

Weight of the Stock J = w2

so,

w1 = 60%

w2 = 40%

C = Correlation

SD = Standard deviation

SD1 = SD of stock I

SD2 = SD of stock J

So, the formula for the variance of the portfolio will be:

Variance of the portfolio = [tex]w1^{2}[/tex] . [tex]SD1^{2}[/tex] + [tex]w2^{2}[/tex] . [tex]SD2^{2}[/tex] + 2(w1.w2.C.SD1.SD2)

Plugging in the values for Assumption 1, where C = 1.0

Variance of the portfolio = [tex]0.60^{2}[/tex] . [tex]0.10^{2}[/tex] + [tex]0.40^{2}[/tex].[tex]0.20^{2}[/tex] + 2(0.60 x 0.40 x 1.0 x 0.10 x 0.20)

Hence,

Variance of the portfolio = 0.0196 x100 to  get it in percentage

Variance of the portfolio = 1.96%

Similarly for the assumption 2, where C = 0.5

Variance of the Portfolio = [tex]w1^{2}[/tex] . [tex]SD1^{2}[/tex] + [tex]w2^{2}[/tex] . [tex]SD2^{2}[/tex] + 2(w1.w2.C.SD1.SD2)

Variance of the Portfolio = [tex]0.60^{2}[/tex] . [tex]0.10^{2}[/tex] + [tex]0.40^{2}[/tex].[tex]0.20^{2}[/tex] + 2(0.60 x 0.40 x 0.5 x 0.10 x 0.20)

Variance of the Portfolio = 0.0148 x 100

Variance of the Portfolio = 1.48%

Similarly, for assumption 3, where C = 0.0

Variance of the Portfolio = [tex]w1^{2}[/tex] . [tex]SD1^{2}[/tex] + [tex]w2^{2}[/tex] . [tex]SD2^{2}[/tex] + 2(w1.w2.C.SD1.SD2)

Variance of the Portfolio = [tex]0.60^{2}[/tex] . [tex]0.10^{2}[/tex] + [tex]0.40^{2}[/tex].[tex]0.20^{2}[/tex] + 2(0.60 x 0.40 x 0.0 x 0.10 x 0.20)

Variance of the Portfolio = 0.01 x 100

Variance of the Portfolio = 1%

A bank is negotiating a loan. The loan can either be paid off as a lump sum of $100,000 at the end of five years, or as equal annual payments at the end of each of the next five years. If the interest rate on the loan is 10%, what annual payments should be made so that both forms of payment are equivalent

Answers

Answer:

$16,379.75

Explanation:

Calculation for the annual payments that should be made

Using financial calculator to find the PMT

FV = $100,000

Interest rate = 10%

N= 5 years

PMT?

Hence,

PMT = $16,379.75

Therefore the annual payments that should be made so that both forms of payment are equivalent will be $16,379.75

The amount of interpersonal space (space between people while interacting) that is acceptable varies by culture. This activity is important because interpersonal space is one of the key cultural areas to understand in business if you want to bridge cross-cultural gaps. The goal of this exercise is to test your knowledge of the cultural area of interpersonal space.

Determine which of the following countries has Least Social Distance and Most Social Distance.

a. China
b. UK
c. Saudia Arabia
d. India
e. USA

Answers

Answer:

Note: The full question is attached as picture below

Below is in order, according to the amount of social distance (interpersonal space in a professional interaction) that would likely be expected during a business transaction in that particular country.

1 = Least Social Distance: 5 = Most Social Distance:

1 - USA

2 - UK

3 - INDIA

4 - CHINA

5-  SAUDI ARABIA

A sudden stop will be easier to navigate if the country borrows internationally in foreign currencies and lend locally in its domestic currency.

a. True
b. False

Answers

Answer: False

Explanation:

A sudden stop refers to the sudden decline in net capital inflows in the economy from outside. This is a significant method by which the economy can have access to foreign exchange.

If the country therefore borrows internationally in foreign currencies whilst lending in domestic currency, the sudden stop will be difficult to navigate because it will impair the country's ability to pay off the international creditors it has because it will not have enough of the required foreign currency to pay them.

Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending share price of $38. Compute the percentage total return. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

25.6%

Explanation:

Computation for the percentage total return

Using this formula

Percentage total return=[(Ending share price-Initial price)+Dividend]/Initial price

Let plug in the formula

Percentage total return=[($38-$50)+$.80)/$50

Percentage total return=$12+$.80/$50

Percentage total return=$12.8/$50

Percentage total return=0.256*100

Percentage total return=25.6%

Therefore the percentage total return will be 25.6%

If Mariette does not want to track the quantity on hand of the products she sells, what Product/Service type should she select when setting up the items she sells in QuickBooks Online?

Answers

Answer: a. Non-inventory

Explanation:

QuickBooks online is an accounting software that helps millions of small and medium businesses.

If Mariette does not wish to track the quantity of the products she sells on hand, she should set these items up as Non-inventory items.

This designation is usually for goods that are immediately sold when purchased or were sold without even being purchased which means its for goods with really short shelf lives.

What collective name do we refer to: natural resources, labor, capital, education or know-how?

Answers

Answer:

Factors of production

Explanation:

The general name is factors of production. They are also the 'inputs' in the production process.

The factors of production are combined or put together for the productions of goods and services to happen.  The four factors include land, which represents the natural resources in this case.

Land refers to the space used to set up a business, and fertile lands used for agriculture, minerals, oil and gas, forest, and other natural resources.

Labor is the human input in production. It involves workers' knowledge, skills, strength, and time spent on the production process.

Capital is the money and assets used to start and maintain the business operation. It includes plant and machinery, equipment, building, factories used in making products for sale.

Know-how refers to entrepreneurship. It is the skills, willingness, and ability to put together and manage the other factors to produce goods.

A g drought ravaged crops across the United States during the summer of 2012. What is the likely impact of this drought on the price of corn

Answers

Answer: Increase

Explanation:

The price of corn will increase sharply due to the relative scarcity of corn in the market.

Graphically depicted, the Supply curve will shift to the left due to reduction in supply of corn brought upon by the drought. It will then intersect with the demand curve to bring about a new equilibrium price with a higher price.

List and briefly describe three popular forms of ownership used in the lodging industry that allow for rapid expansion.

Answers

Answer:

Three popular forms are; Franchising, Management Contracts & Vacation Ownership. They are explained below

Explanation:

Three popular forms are; Franchising, Management Contracts & Vacation Ownership.

1) Franchising: This is a well-known marketing strategy that's used for business expansion and it's simply an arrangement whereby one party named the "franchisor" will grant or license some of it's rights and authorities to another party named the "franchisee".

It works such that a contractual agreement would be in place between Franchisor and Franchisee. In this agreement, the Franchisor will authorize the franchisee to sell their goods, products & services and give them rights to use their brand name & trademark.

2) Management contracts: This is simply an arrangement whereby the operational control of an entire enterprise will be vested by contract in a separate enterprise that will perform the necessary managerial functions in exchange for a specific fee. Now, management contracts are not just about selling a method of doing things but also about actually doing them.

3) Vacation ownership: This is a term used to refer to owning a timeshare.

Now, the mode of operation is usually a deeded ownership where we purchase a fraction of our favorite resort. The fraction is usually sold in weekly increments but then is also converted into points that can be used all around the world.

differentiate between a department with line responsibility and a department with staff responsibility

Answers

Answer:

While a department with line responsibility is directly involved in the daily activities and management of the business, a department with staff responsibility simply provides support for the line managers.

Explanation:

The line department consists of the chain of leaders whose positions in the organization are clearly differentiated from those of their subordinates. They make decisions and supervise the daily affairs of the business. Examples of these include; the department heads, the president, the production supervisors, etc.

A department with staff responsibility provides support for the department with line responsibility.  Examples of personnel in the line department are the legal advisers and the human resource staff. The legal advisers provide support by advising the line managers on the lawful means to transact their business activities.

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.

25 POINTS AND BRAINLIEST!! PLS HELP

What items should be included in signatures on business e-mail?


threads

e-mail address

name and title

company name

inspirational messages

phone and fax numbers

mailing address

Answers

Hey there!

The following should be the answers:

e-mail address

name and title

company name

phone and fax numbers

mailing address

Hope it helps and have an amazing day!!!

Answer:

yeah they right on OW

Explanation:

Which assumption below best reflects a basic understanding economists have about the world? Group of answer choices The world has limited productive resources. There are limited wants. More output creates more wants. Output will always satisfy the needs of a society.

Answers

Answer:

The assumption which best reflects a basic understanding that economists have about the world is:

The world has limited productive resources.

Explanation:

This is the economic concept of scarcity.  Scarcity is the concept of limited resources, which worries about the gap between societal resources and unlimited human wants. Economists try to explain that this situation of scarce resources requires the making of choices (decisions) that will ensure the efficient allocation of the resources to meet basic human needs and other increasing wants.

f Hailey, Inc., has an equity multiplier of 1.6, total asset turnover of 2.2, and a profit margin of 4 percent, what is its ROE?

Answers

Answer:

14.08

Explanation:

Calculation for what is its ROE

Using this formula

ROE = Profit margin*Total asset turnover*Equity multiplier

Let plug in the formula

ROE=4*2.2*1.6

ROE=14.08

Therefore the ROE will be 14.08

Watson's Computer Company expects to produce 2,250 computers. Watson's Computer Company also expects to use 13,000 parts and have 20 setups.The allocation rate for materials handling will be

Answers

Answer:

$4.00

Explanation:

Calculation for what The allocation rate for materials handling will be

Using this formula

Materials handling allocation rate=Material Handling/Expected parts to use

Let plug in the formula

Materials handling allocation rate=$52,000/13,000 parts

Materials handling allocation rate=$4.00

Therefore The allocation rate for materials handling will be $4.00

. Distinguish between the short run and the long run as they relate to macroeconomics. Why is the distinction important

Answers

Answer:

1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.

2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.  

Explanation:

Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.

In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.

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what did "nulification" mean? A cable company charges 150 to install equipment. Then there is a $50 charge each month. Write an equation to express this relationship please help me with math ;-; QUESTION 6 of 10: Your staff consists of 7 cashiers, 3 stockers, and 5 salespeople. The cashiers are paid $12 per hour;paid $10 per hour; the salespeople are paid $15 per hour. What is the average hourly wage across all your workers? During a period of drought, members of a community may volunteer to water their lawns every other day, rather than daily. The most important benefit of this action is - It adds nitrogen to the soil It fertilizes the soil It reduces air pollution It conserves the groundwater supply why are concerns like safety and recycling important in astronomy select the three objectives mosquitoes hovered around the small puddle of still murky water in the background 3x 4y = 2; 6x 8y = 1 .How many solutions PLEASE HELP!!! PLEASE! 20 points! BRAINLIEST, STARS, AND HEARTS! Please help!!! True or false: inauguration ceremonies were originally small private events but grew into day long events that include fireworks, parades, glamorous balls, and a peaceful transition of power. Which statement is true about fat loss?Most people with too much fat have glandular problems.Exercise does not help you lose fat because it increases your hunger and encourages you to overeat.You can spot-reduce fat by exercising a specific body part to lose fat in that area.Engaging in regular physical activity, including muscle fitness activity, will help you lose fat. Pls help ASAP its math the table shows the number of gold metals won by united states athletes during the summer olympics Write 6 wholes and 2 tenths as a decimal. Molecules of DNA are composed of long chains of? Which is the independant variable and which is the dependant variable? For every cupcake, c, that she sells, she raises money, m, for her club. HELP PLSSSS LOL!!!!!!! Explain why flexible price policy is not price discrimination. Which statements are true? Select each correct answer. A 2 is farther from zero on the number line than 1 , so |2|>|1| . B The absolute value of 2 is positive. C The absolute value of 2 is less than the absolute value of 2. D Since 2 is 2 units to the left of 0, |2|=2 . Describe any four ways by which the spirit of hardwork can be developed. Please help, will give brainliest for correct answers. a doctor sees a patient who has kidney failure, lack of motor coordination, and a poorly functioning nervous system. after testing the doctor finds that these symptoms are all related to a chronic lack of energy in some of the patients cells. the doctor diagnoses a metabolic disorder known as leigh's disease. Based on evidence a malfunction in what organelle is most likely responsible for leighs disease?