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Naya [18.7K]
1 year ago
6

Department 1 completed and transferred out 450 units and had ending work in process inventory of 60 units. The ending inventory

is 20% complete for materials and 60% complete for labor and overhead. The equivalent units of production for labor and overhead is
Business
1 answer:
Reil [10]1 year ago
8 0
The answer to this is 462
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B. At one time, the centrally planned economy of China encouraged farmers to produce
gladu [14]

Answer:

At one time, the centrally planned economy of China encouraged farmers to produce  iron in their backyards, rather than have factories make iron. This proved unsuccessful,  since most of the farmers' iron was of poor quality. Why do you think this approach was  unsuccessful? How could this experiment become a success in a free market economy?

The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.

The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved

Explanation:

3 0
2 years ago
Harrington Company has two products: A and B. The annual production and sales of Product A is 1,750 units and of Product B is 1,
Molodets [167]

Answer:

The overhead cost assigned to each unit of product B is $46.2 per unit.

Explanation:

Overhead absorbed in each product B can be calculated as under:

Overhead Absorbed = Overhead Absorption Rate * Absorption Basis

Here in this question, the absorption basis is Direct labor hours. So the direct labor hour per unit of Product B is 0.7 Hr and the OAR is $66.

By putting values in the above equation, we have:

Overhead Absorbed = $66 per unit * 0.7Hrs = $46.2 per unit

3 0
2 years ago
Westerlands and Crownlands are two countries that trade with each other and no other countries. Assume that Westerlands’ currenc
Alex73 [517]

Answer:eat some nice food

Explanation:

Its good for ur health

7 0
2 years ago
Anderson Corporation predicts that this year's sales will total $7,500,000. The selling price for their product is $62.50 per un
Yakvenalex [24]

Answer:

$2,685,000

Explanation:

Sales = $7,500,000 ÷ $62.50

         = 120,000 units

Contribution = Sales - Variable cost

                     = $7,500,000 - (120,000 × $38)

                     = $7,500,000 - $45,60,000

                     = $29,40,000

Net income (after taxes) = $165,750

Net income before taxes and interest:

= Net income (after taxes) × (100 ÷ 65)

= $165,750 × (100 ÷ 65)

= 255,000

Therefore,

EBIT = Contribution - Fixed cost

255,000 =  $29,40,000 - Fixed cost

Fixed cost  = $29,40,000 - 255,000

                  = $2,685,000

6 0
2 years ago
Summarize your thoughts, in a minimum of 2 sentences, on why is it important for healthcare workers to be aware of various cultu
Effectus [21]

Healthcare worker's main goals are to treat patient illnesses, but they cannot ignore social and cultural contexts. To provide the best care, it is vital that healthcare workers understand and respect how different cultures and religions handle grief and death. For example, it may be important to have a Rabbi or Priest who can pray with the patient or family if desired.

6 0
1 year ago
Read 2 more answers
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