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Arlecino [84]
1 year ago
6

The weighted-average process-costing method calculates the equivalent units by ________.A) considering only the work done during

the current period B) the units started during the current period minus the units in ending inventory C) the units started during the current period plus the units in ending inventory D) the equivalent units completed during the current period plus the equivalent units in ending inventory
Business
1 answer:
bezimeni [28]1 year ago
4 0

Answer:

The correct answer is option D) "the equivalent units completed during the current period plus the equivalent units in ending inventory".

Explanation:

The weighted-average process-costing method establishes an average cost per unit using the equivalent units completed during the current period plus the equivalent units in ending inventory. This method is similar to the first-in first-out (FIFO), with the difference that this method keeps the unfinished goods inventory separate to make the calculation.

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Indicate whether each of the following transactions represents an increase in net exports, a decrease in net exports, an increas
dlinn [17]

Answer:

A. Decrease net capital outflow

B. Increase in net exports

C. Decrease in net exports.

D. Increase net capital outflow.

Explanation:

A. When the Sony pension fund buys U.S treasury then there is a inflow of capital. Hence, this will decrease the net capital outflow.

B. The Sunkist oranges is purchased by the South Korean tourist from the american farmer will increase the exports of the U.S. Hence, there is an increase in the net exports.

C. When a Toyota is purchased by an American then this will increase the imports of United states and hence, there is a reduction in the net exports.

D. The shares of Sony are purchased by an american, so there is a outflow of capital and this will increase the net capital outflow.

7 0
1 year ago
The burger joint at SDSU sells an average of 6000 third-pound hamburgers each week. Hamburger patties are resupplied twice a wee
Alex73 [517]

Answer:

13.3 times per week

Explanation:

Inventory turnover helps to show how efficiently a company manages its inventory by comparing the cost of goods sold and the average inventory for a particular period. In other words, it measures how many times a company sold its total average inventory amount during a particular period. In this case, one week. This is an important assessment to ensure two things:

1. Inventory meets sales adequately and sales will not be affected by not having enough inventory.

2. Too much inventory is not held at one point, which would incur high storage and holding costs, and also wastage in terms of perishable inventory such as hamburger patties.

It is calculated as cost of goods sold / average inventory.

In this case, 6000 third - pound hamburgers are sold each week, with it costing $1.5 per pound.

6000 x 1/3 = 2000 pounds

2000 pounds x $1.5 = $3000 COGS per week.

Since average inventory is 450 pounds for two weeks, it would be 225 per week.

Hence, inventory turnover =

$3000 / 225 = 13.3 times per week

8 0
1 year ago
Armstrong Corporation manufactures bicycle parts. The company currently has a $19,800 inventory of parts that have become obsole
FinnZ [79.3K]

Answer:

If sold without Modification, Armstrong Corporation will incur a loss of $12,500.

If the Corporation modifies the Stock and then Sell it, its loss will be $9,200.

Explanation:

<u>Workings</u>

Without Modification:

Selling Price                   = 7,300

Less: Cost of Inventory = 19,800

Loss                                = $12,500.

Modification:

Selling Price                   = 20,900

Less: Cost of Inventory = 19,800

        Modification Cost = 10,300

Loss                                = $9,200.

If you have any queries, feel free to ask. Thanks!

4 0
1 year ago
A company issued 5-year, 7% bonds with a par value of $500,000. The market rate when the bonds were issued was 6.5%. The company
san4es73 [151]

Answer:

The correct answer is $17,000.

Explanation:

According to the scenario, the given data are as follows:

Bonds percent = 7%

Par value of bonds = $500,000

Market rate = 6.5%

Cash received = $505,000

So, we can calculate the amount of recorded interest for semiannual interest period by using following formula:

First we calculate the premium on bonds,

So, Premium on bonds = Cash received - Par value of bonds

= $505,000 - $500,000

= $5,000

So, straight line amortization = Premium on bonds ÷ years

= $5,000 ÷ 5

= $1,000

So, Amount of interest expense for first semiannual is as follows:

Amount of interest = ( Par value of bonds × Bonds percent ) ÷ 2 - (straight line amortization ÷ 2)

= ( $500,000 × 7% ) ÷ 2 - ( $1,000 ÷ 2 )

=  $17,500 - $500

= $17,000.

4 0
1 year ago
A robot manufacturing company in Southeast Asia undertakes a government project to produce multi-utility robots. It requires a s
eimsori [14]

Answer: a. Computer-aided manufacturing

Explanation: A computer-aided manufacturing would help the robot manufacturing company in this regard since it can provide the required software to control the machine tools and processes needed in the manufacture of the multi-utility robots.

Computer-aided manufacturing (CAM) is defined as the use of software and computer-controlled machinery to automate a manufacturing process and is composed entirely of software that tells a machine how to make a product through the generation of toolpaths; a machinery that can turn raw material into a finished product and a post processing unit that converts toolpaths into machine languages. Computer-aided manufacturing thus provides high–speed machine tool paths that greatly minimize cycle times, reduce tool and machine wear and general improvement in quality and accuracy of cutting.

7 0
1 year ago
Read 2 more answers
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