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lukranit [14]
2 years ago
8

Krumbly Corporation uses the FIFO method in its process costing system. At the beginning of the month, Department D's work in pr

ocess inventory contained 2,000 units. These units were 100% complete with respect to materials and 40% complete with respect to conversion costs, with a total cost at that point of $13,600. During the month, conversion costs amounted to $8 per equivalent unit. If all 2,000 units are fully complete by the end of the month and transferred out of the department, the total cost of the 2,000 units transferred out will be closest to:
Business
1 answer:
ss7ja [257]2 years ago
6 0

Answer:

the total cost is $23,200

Explanation:

The computation of the total cost of the 2,000 units transferred is as follows:

= Total cost at that point + other cost

= $13,600 + (2,000 × (1 - 0.40)  × $8)

= $13,600 + 2,000 × 60% × $8

= $13,600 + $9,600

= $23,200

hence, the total cost is $23,200

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Martha Beyerlein Company incurred $150,000 of research and development costs in its laboratory to develop a patent granted on Ja
Serggg [28]

Answer:

The amount which is to be debited to the account of Patents is $35,000

Explanation:

Patent is the right which is given to an investor to stop other people or an individual using or making their invention.

So, company incurred $150,000 for the research and development costs in order to develop the patent and $35,000 is paid for legal fees.

Therefore, the amount of $35,000, is the aggregate amount of patent as it is paid in obtaining the patent.

8 0
2 years ago
Consider two neighboring island countries called Felicidad and Arcadia. They each have 4 million labor hours available per week
iragen [17]

Answer:

Felicidad 80 million Jean

Arcadie    32 million Rye

Explanation:

To know which is the best in Rye production we haveto pick the one with the least opportunity cost (the country which producing Rye decreases less the production of Jeans)

Felicidad Rye opportunity cost 20/5 = 4  Jeans

Arcadia Rye opportunity cost  16/8 = 2 jeas

Arcadie will be the country with comparative advantage for Rye as it renounce to less units of Jeans than Felicidad

<em><u>The best country for jean production will be Felicidad</u></em>

4m x 20 = 80m jean

<em><u>The best country for Rye will be Arcadia</u></em>

4m x 8 = 32m Rye

8 0
2 years ago
Rachel lives and works on her father's dairy farm as a large animal veterinarian. The farm does not
djverab [1.8K]

Answer:

No, because Rachel's family farm does not employ outside workers

Explanation:

No, because Rachel's family farm does not employ outside workers. Under the OSH Act since Rachel's family does not employ outside workers they are not seen as an official business and therefore are not protected under the act. The workers on the farm are not seen as employees but instead family members helping one another and acting as co-owners of the farm. Therefore, the act does would not provide any coverage to Rachel in this scenario.

8 0
2 years ago
Customers around the world know Pepsi and consider it a primary "go-to" brand if they want a refreshing drink. This positioning
miv72 [106K]

Answer:

B). targeting strategy and marketing mix

Explanation:

This are the options for the question;

a. locational excellence strategy.

b. targeting strategy and the marketing mix.

c. supply chain management.

d. operational excellence strategy.

e. strategic business unit control.

From the question we were informed that Customers around the world know Pepsi and consider it a primary "go-to" brand if they want a refreshing drink.

In this case this positioning reflects Pepsi's careful implementation of targeting strategy and marketing mix.

This is because in concept of finance, targeting strategy is used in market segmentation.this is selection of product that will sell very well for each segment of consumers.

Pepsi also utilize the marketing mix strategy which is a tool that helps to control the target market, it is used in marketing to control Product, Price, Place and Promotion for more demand for their products.

7 0
2 years ago
If expected return is less than required return on an​ asset, rational investors will​ ________.
DedPeter [7]
Sell the asset, which will drive down the price and cause the expected return to reach the level of the required return.
6 0
2 years ago
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