Information concerning Department A of Ali Company for the month of June is as follows: Unit MaterialsCosts Work in process, beginning of month 20,000 $14,250 Started in June 85,000 $66,600 Units completed 90,000 Work in process, end of month 15,000 All materials are added at the beginning of the process. Using the average cost method, the cost (rounded to two places) per equivalent unit for materials is: Group of answer choices $0.75. $0.61. $0.77. $0.79.
Answers
Answer:
The answer is $0.77
Explanation:
Solution
Given that:
The Statement of equivalent production for direct materials:
Particulars Direct Material
% completed Units
Units completed 100% 90000
Ending Work in process 100% 15000
Therefore, the total Equivalent unit of Production is 105000
Now,
We find the statement of cost per equivalent unit:
Particulars Direct Material
Cost of beginning work in process inventory $14,250
Add: cost added during the month $66,600
Total Costs $80,850
Equivalent unit of Production 105000
cost per equivalent unit of production for materials is $0.77
Note: The total costs was divided with the Equivalent unit of Production
= $80.850/$105000
= $0.77
Related Questions
C&A sells T-shirts for $20 that cost $5 to produce. The annual holding cost percentage is 10% and the T-shirts turn 25 times a year. What holding cost does C&A incur for each T-shirt? $0.50 $0.02 $0.08 $0.04
Answers
Answer:
$0.02
Explanation:
C&A sells T-shirts for $20 that cost $5 to produce
The annual holfing cost percentage is 10%
The T-shirts turn 25 times a year
The first step is to calculate the holding cost
= $5 × 10/100
= $5 × 0.1
= 0.5
Therefore, since the T-shirts turn over 25 times a year then, the holding cost that C&A incurs for each T-shirts can be calculated as follows
= 0.5/25 times
= $0.02
Hence C&A incur a holding cost of $0.02 for each T-shirts
Nathen’s home office
Answers
Answer:
Today, the Chinese own Armour and the famous Smithfield hams, together with the most quintessential American brand of all: Nathan's Famous hot dogs, with its iconic annual eating contest. ... It remains the largest total acquisition of a U.S. company by the Chinese.
Explanation:
in a 3 - 4 page essay, discuss warren Buffett's approach to business dealings, especially as they relate to business ethics.
Compare that approach to Benie Madoff's.
Apply ethical philosophies that you have learned about in this module and state which you think apply to Mr. Buffett.
Which ethical philosophies apply to Mr. Madoff? Why?
Answers
In this essay, we explore Warren Buffett's ethical approach to business, compare it to Bernie Madoff's, and analyze the applicable ethical philosophies for each.
Here are the steps to be followed:
1. Introduction:
2. Warren Buffett's Approach to Business Dealings and Business Ethics:
Explain Warren Buffett's overall approach to business dealings.Discuss his stance on business ethics, emphasizing any specific principles or values he adheres to.Provide examples or case studies that demonstrate Buffett's ethical decision-making in his business practices.Discuss the impact of his ethical approach on his reputation and long-term success.3. Bernie Madoff's Approach to Business Dealings and Comparison to Buffett:
Describe Bernie Madoff's approach to business dealings, specifically in relation to ethics.Highlight any unethical practices or actions committed by Madoff, such as his infamous Ponzi scheme.Compare and contrast Madoff's approach to Buffett's approach, pointing out the key differences in their ethical standards and behaviors.Discuss the consequences of Madoff's unethical actions, including the financial losses and damage to investors.4. Application of Ethical Philosophies to Warren Buffett:
Introduce the ethical philosophies that you have learned in the module.Identify which ethical philosophies apply to Warren Buffett based on his approach to business dealings.Explain why you believe these philosophies are applicable and provide supporting evidence or examples from Buffett's actions or statements.Discuss the implications and benefits of Buffett aligning with these ethical philosophies.5. Ethical Philosophies Applicable to Bernie Madoff and Reasons:
Analyze the ethical philosophies that can be applied to Bernie Madoff's actions.Discuss which ethical philosophies are relevant to understanding Madoff's unethical behavior.Provide justifications and explanations for the selected ethical philosophies, considering how they align with Madoff's actions or motivations.Reflect on the consequences of Madoff's departure from ethical principles.6. Conclusion:
Summarize the key points discussed in the essay regarding Warren Buffett's approach to business dealings and ethics, as well as the comparison to Bernie Madoff.Emphasize the importance of ethical decision-making in business and the long-term implications it can have.Offer any final thoughts or insights on the topic.Remember to support your arguments with evidence, examples, and references to credible sources. Properly cite any sources used in your essay according to the appropriate citation style.
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Which business model would be most appropriate for the following situation: When the product or services requires great skill from employees
and the growth in the market has led to a scarcity of people to fill positions.
O customer-oriented marketing
this business does not require a model
Osales-oriented marketing
product-oriented marketing
Answers
Answer:
product oriented marketing
What is the principle of supply and demand?
Answers
Answer:
erm
Explanation:
The more supply, the less demand. The less supply, the more demand.
Answer:
This is a theory that says interaction between sellers of a resource and the buyers of that resource.
e United States and China each produce steel and toys.
The following are the production possibility schedules for each nation.
Answer the questions below based on the PPF schedules.
China
A
B
C
D
E
Steel
8
6
4
2
0
Toys
0
10
20
30
40
United States
A
B
C
D
E
Steel
16
12
8
4
0
Toys
0
12
24
36
48
Which country has absolute advantage in the production of steel?
Which country has absolute advantage in the production of toys?
Which country has comparative advantage in the production of toys?
Which country has comparative advantage in the production of steel?
If the two countries specialize and trade with each other, which country will import steel?
Answers
Suppose the lead time is 3 operating days, and that the superstore wishes to maintain instock probability of 90%. The demand in each day is normal distributed with standard deviation 10, and the demands cross 3 days are independent. What is the re-order point? The z-score for 0.9 is 1.28. (
Answers
Answer:
the re-order point is 97.17
Explanation:
The computation of the re-order point is given below:
Re-order point is
= (Daily demand × Lead time) + (Z × Standard deviation × Sqrt(Lead time)
= (25 × 3) + (1.28 × 10 × Sqrt(3))
= 97.17
hence, the re-order point is 97.17
The same is to be considered and relevant too
List the entities and personnel involved in an Automobile's Repair Shop's "supply chain" 1. How do you think these do or should all work together? 2. How do you think it could be improved?
Answers
The entities and personnel involved in an Automobile's Repair Shop's "supply chain are;
the parts manufacturers auto mechanics electriciansThey should work together so that the final consumer who were the owners of the automobiles can get their cars repaired.
It can be improved if the parts manufacturers make the parts to be available at cheaper rate for the shops that are dealing with the mechanical work.
What is supply chain?A supply chain can be described as the network of all the individuals, as well as entity that are responsible for the creation and sale of a product.
For instance the Automobile's Repair Shop's encompass the activities of the the parts manufacturers , auto mechanics and electricians which are chains to be followed in order to get the automobiled repaired.
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According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?
Answers
The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.
Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:
Evaluation of the Night-light Data Method:
Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.Reasons for Differences between Traditional Expenditure Approach and Night-light Data:
Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.For such more question on economic:
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Alan's Hawaiian had accounts payable of $6000 and cost of goods sold of $78000. The days payable outstanding for Alanis Hawaiian is:
A. 22.0 days
B. 44.2 days
C. 28. 1 days
D. 33.0 days
E. 41.3 days
Answers
The not payable relating to the June 2, and 10 transactions is a five-year note, with interest at the rate of 12 percent annually...
Answers
practice setting goals for various aspects of your personal life such as academics career preparation family hobbie. set at least two short term goals and at least two Long term goals for each area for these goals that you have set write out plans for achieving those goals.think in terms of what you will have to do to accomplish each
Answers
Certainly, setting goals is an essential practice to achieve success and satisfaction in various aspects of personal life.
Academics:
Short-term goals:
Attend all classes and complete assignments on time.Improve my grade in a specific course by studying regularly. Plan to achieve short-term goals:
Create a daily study schedule and allocate time for reading, writing, and reviewing notes.Seek help from a tutor or professor for difficult concepts.
Long-term goals: Achieve a high GPA to qualify for graduate school. Get accepted into my desired graduate program. Plan to achieve long-term goals: Take challenging courses and attend workshops or seminars to improve academic skills.Research graduate programs and their admission requirements, and prepare for standardized tests if necessary.
Career Preparation:
Short-term goals: Update my resume and cover letter for job applications.Attend a networking event and meet new people in my industry. Plan to achieve short-term goals:Research the latest trends in resume and cover letter writing, and tailor them to specific job applications. Prepare a pitch and networking strategy in advance.
Long-term goals:
Secure a job in my preferred industry and position. Develop new skills and advance in my career.Plan to achieve long-term goals:Attend career fairs, conferences, and other industry events to network and learn about job opportunities.Take online courses or certifications to acquire new skills and knowledge.Seek mentorship or coaching from experienced professionals.
Family:
Short-term goals:Plan a weekend outing with my family.Call or video with a family member living in a different city or country.Plan to achieve short-term goals: Discuss with family members and decide on a fun activity that everyone can enjoy.Schedule a specific time for calling or video chatting, and set reminders if necessary.
Long-term goals:
Spend more quality time with family on a regular basis.Plan and save for a family vacation in the next year.Plan to achieve long-term goals:Create a family calendar or schedule to plan and prioritize events and activities.Set aside a specific amount of money each month for family vacations or other activities.
Hobbies:
Short-term goals:
Practice a new hobby for at least one hour each day.Learn a new technique or skill in my hobby.Plan to achieve short-term goals:Schedule a specific time each day for practicing or learning, and avoid distractions. Research online tutorials or courses, and follow step-by-step instructions.
Long-term goals:
Master a specific hobby and showcase my work publicly.Incorporate my hobby into my career or business.Plan to achieve long-term goals:Attend workshops or conferences to learn from experts and connect with like-minded individuals.Create a portfolio or online gallery to showcase my best work and promote my hobby.
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application sick live
Answers
Oooooo
Sir/Mam, Most respectfully, I beg to state that I am not in a condition to come to the school since I am suffering from fever. I have been prescribed by our family doctor o take proper rest for at least [number of days] days. Hence, kindly grant me leave from (start date) to (end-date)
Perfect competition is a theoretical construct. Outline some valid criticisms of this model
Answers
Perfect competition is thought of as a theoretical idea rather than something that applies to contemporary industry. This is solely attributable to the way that markets are naturally influenced by economic variables, which leads to a clustering of elements.
Criticisms of perfect competitionSome of the criticisms of perfect competition include:
It is frequently argued that the foundation of price theory for product markets, represents all agents as passive, omitting the active attempts to increase one's welfare or profits through price undercutting, product design, advertising, and innovation.Another criticism is that of who sets the price to be followed. The perfect competition model can thus be used to explain a centralized economy rather than a decentralized "market" economy. This implies that such a model is more closely related to communism than to capitalism.Another common criticism is that it is frequently untrue that shifts in supply and demand over the short term affect prices; this is especially true in the manufacturing sector, where production adjustments frequently occur without significantly affecting prices.Learn more on perfect competition here https://brainly.com/question/2964027
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Which of the following is not one of the drivers of supply chain performance? A. facilities B. procedures C. information D. inventory
Answers
B. Procedures is not one of the drivers of supply chain performance.
The four main drivers of supply chain performance are facilities, inventory, information, and transportation. These drivers help to determine how responsive and efficient the supply chain is.
Good facilities or locations ensure that the goods produced are in good condition till they are requested by consumers. The quality of the goods is also preserved. Efficient transportation ensures that goods get to the customers on time. Inventory which involves stock-taking helps salespeople to know what goods are available and readily provide customers with the needed information and stock. Information is also an essential factor. Knowledge of factors affecting pricing, push versus pull, forecasting, etc., helps decision-makers to know what is needed to improve the quality of goods and their delivery.Conclusively, Procedures are not one of the drivers of supply chain performance.
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indicate your potential market
Answers
At the end of last year, Cynthia, a 20 percent partner in the five-person CYG partnership, has an outside basis of $28,500, including her $14,000 share of CYG debt. On January 1 of the current year, Cynthia sells her partnership interest to Roger for a cash payment of $21,500 and the assumption of her share of CYG's debt CYG has no hot assets. What is the amount and character of Cynthia's recognized gain or loss on the sale?
A. $7,000 capital loss.
B. $2,000 ordinary loss.
C. $7,000 capital gain.
D. $7,500 ordinary income.
Answers
C. $7,000 capital gain
First, we need to find Net value of Cynthia's share
Net value of Cynthia's share = Value of share - Liabilities
Net value of Cynthia's share = $28,500 - $14,000
Net value of Cynthia's share = $14,500
The next step is to compute Cynthia's net value of her shares sold to Roger.
Then,
Cynthia's gain = Selling value - Net value of share
Cynthia's gain = $21,500 - $14,500
Cynthia's gain = $7,000
Therefore, the amount and character of Cynthia's recognized gain or loss on the sale is $7,000 capital gain.
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What is a pain point of operations as a Freelancer that Fiverr helps alleviate?
Answers
The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.
What are financial constrain?This is known to be when a person or firm lacks money to run their basic activities.
Note that Fiverr has eliminate the stress of looking for a job and as such, The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.
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Which of the following statement is TRUE?
(1 Point)
Developmental programs improve conceptual skills of managers for the future job.
Training programs improve conceptual skills of nonmanagers for the future job.
Developmental programs improve technical skills of nonmanagers for the current job.
Training programs improve technical skills of mangers for the current job.
Answers
'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.
The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.
Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.
The correct answer is option a.
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What is the modified duration of a seven-year par value bond with a coupon rate of
9%?
Answers
The modified duration of a seven-year par value bond with a coupon rate of 9% is 5.99
First we solve for the Macaulay duration[(1 x 1) + (2 x 1) + (3 x 1) + (4 x 1) + (5 x 1) + (6 x 1) + (7 x 1) + (100 x 1.09)] / (1 + 0.08)^7
= 6.49
Then the modified dutration is givenas
6.49 / (1 + 0.09)
=5.99
Hence the modified duration of a seven-year par value bond with a coupon rate of 9% is 5.99
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Question 4 of 10
How is a first draft different from brainstorming?
A. Brainstorming is generally more difficult than writing a first draft.
B. Brainstorming is usually more focused than a first draft.
C. A first draft is less organized than the writing done in
brainstorming.
OD. A first draft begins to develop the ideas that came in
brainstorming.
Answers
A first draught begins to flesh out the ideas that emerged during brainstorming. When you brainstorm, you write down all of your ideas in the order they come to you.
What exactly do you mean by "brainstorming"?Brainstorming is a problem-solving method used in groups that involves the spontaneous contribution of creative ideas and solutions. This technique necessitates a lengthy, free-flowing discussion in which each group member is encouraged to think aloud and propose as many ideas as possible based on their diverse knowledge.
What is the primary goal of brainstorming?Brainstorming is a strategy for generating a large number of ideas to help solve a specific problem. The technique has been used for over 70 years and is still used today to engage students in problem solving. There is a general structure to follow when developing brainstorming sessions.
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Financial markets are intermediaries that channel the savings of individuals, businesses, and government into loans or investments.
a. true
b. false
Answers
Answer:
Financial markets mean the intermediaries that route the savings of individuals, businesses, and government toward loans or investments is true.
Explanation:
Financial markets areas allude largely to any financial market where some trading of protections occurs. There are various sorts of commercial business areas, including forex, cash, stock, and stock exchange markets.These sectors transact a wide scope of protections and remain as a basic to these smooth activities of a businessperson community.The given statement is true.
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How can we avoid water pollution
Answers
Answer:
Pick up litter and throw it away in a garbage can.Blow or sweep fertilizer back onto the grass if it gets onto paved areas. ...Mulch or compost grass or yard waste. ...Wash your car or outdoor equipment where it can flow to a gravel or grassed area instead of a street.Don't pour your motor oil down the storm drain.hope it helps you
please mark me as brainlist
Garcia Industries has sales of $135,000 and accounts receivable of $20,000, and it gives its customers 25 days to pay. The industry average DSO is 27 days, based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its DSO to fall to the industry average, and if it earns 7.0% on any cash freed-up by this change, by how much would its net income increase, assuming other things are held constant? Assume all sales to be on credit. Do not round your intermediate calculations.
a. $700.96
b. $298.15
c. $752.74
d. $699.04
e. $647.26
Answers
Its net income would increase by option D. $699.04
How did we get the value?To calculate the increase in net income, find the reduction in accounts receivable and calculate the interest earned on the cash freed up.
First, calculate the current DSO for Garcia Industries:
Current DSO = (Accounts Receivable / Sales) × 365
Current DSO = (20,000 / 135,000) × 365
Current DSO ≈ 54.0741
To bring the DSO to the industry average of 27 days, reduce it by 27 - 54.0741 = -27.0741 days.
Now, calculate the reduction in accounts receivable:
Reduction in Accounts Receivable = (Reduction in DSO / 365) × Sales
Reduction in Accounts Receivable = (-27.0741 / 365) × 135,000
Reduction in Accounts Receivable ≈ -$9,992.94
The reduction in accounts receivable is negative because it represents a decrease.
Next, calculate the interest earned on the freed-up cash:
Interest Earned = Reduction in Accounts Receivable × Interest Rate
Interest Earned = -$9,992.94 × 7.0% = -$699.04
The interest earned is negative because it represents an expense.
Finally, the increase in net income is equal to the interest earned:
Increase in Net Income ≈ -$699.04
Therefore, the correct answer is (d) $699.04.
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12. Regarding business cycles, a boom refers to:
a) A period during which aggregate output declines.
b) The period in the business cycle from a trough up to a peak during which output, and
employment grow.
c) The period in the business cycle from a peak down to a trough during which unemployment
and inflation fall.
d) A prolonged increase in the output level.
For questions 13 and 14, consider the following labour market data for a hypothetical economy:
+16 age population at working age: 100
Number of people in the labour force: 50
Number of unemployed people: 5
Number of people informally employed: 2
13. What is the labour force participation rate?
a) 50% b) 10% c) 40% d) 60%
14. What is the rate of unemployment?
a) 50% b) 10% c) 40% d) 60%
15. Ahmet is a cashier at a supermarket. As the economy moves towards Industry 4.0, the
supermarket starts to use automated tellers. Ahmet loses his job and is now unemployed. This is
an example of:
a) cyclical unemployment b) frictional unemployment
c) structural unemployment d) non-institutional population
Answers
Answer: A business cycle or boom-bust cycle refers to the alternating periods of recession and recovery. Changes in production and trade in a market economy cause these alternating periods. We often use the term together with the economic bubble.
12. The period in the business cycle from a trough up to a peak during which output, and employment grow. B
13. The labour force participation rate is 10 percent
14. The rate of unemployment is 40 percent
15. Cyclical unemployment is the component of overall unemployment that results directly from cycles of economic upturn and downturn. Unemployment typically rises during recessions and declines during economic expansions. Moderating cyclical unemployment during recessions is a major motivation behind the study of economics and the goal of the various policy tools that governments employ to stimulate the economy. True
Frictional unemployment: the unemployment which exists in any economy due to people being in the process of moving from one job to another. False
Structural unemployment: unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand. False
Non-institutional: False
Explanation: Hope the explanation above was helpful
According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
developing recommendations to improve medical care
promoting the best use of land and resources
developing plans for growth and renewal
promoting campaigns for political elections
reviewing applications for government assistance
Nvm its b and c
Answers
Answer:
Wat
Explanation:
Answer:
b & c (did the assignment on edg) ;)
Explanation:
In the supply chain, _____ bear the risk associated with products up to the time they are delivered.
Answers
Answer:
the answer is:
Explanation:
In the supply chain, __the process of making and selling ___ bear the risk associated with products up to the time they are delivered.
What contribution does the retail sector make to the UK economy ?
Answers
Answer:
The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy. 14% of all UK investment made by large non financial-sector firms is made by large retailers. Retailers purchase around £180bn worth of goods for resale, supporting £47bn of output from other sectors.
Answer:
The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy.
Explanation:
14% of all UK investment made by large non financial-sector firms is made by large retailers. from other sectors. Retailers pay out £4 billion every year in dividends to shareholders, around 5% of the UK total.
When is economic expansion occur
Answers
Answer:
The expansion occurs during times of economic stimulation, where there is a rise in employment, followed by consumer confidence and discretionary spending. The phase is also known as economic recovery.
The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation expense each year. B. Are the only acceptable methods of depreciation for financial reporting. C. Are acceptable for tax purposes only. D. Produce the same total depreciation over an asset's useful life. E. Produce the same carrying amount or book valueeach year.
Answers
The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.
How are the straight-line and double-declining-balance methods related?While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.
What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.
In conclusion, option D is correct.
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