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vaieri [72.5K]
2 years ago
5

Blanche Corporation adds materials at the end of the process in the injection department, which is the second of two stages of i

ts production cycle. Information concerning the materials used in the forming department in April follows: Units Materials CostsWork in process at March 1 30,000 $60,000Units transferred from previous department during March 125,000 $360,000Units completed and transferred to next department during March 120,000Using the average cost method, what is the material cost of the work in process at March 31 (rounded to the nearest dollar)?a. $108,000b. $126,000c. $120,000d. $0
Business
1 answer:
inn [45]2 years ago
3 0

Answer:

The material cost of the work in process at March 31 is d. $0

Explanation:

Note: Equivalent unit of Work in process of Material is 0 as material are added at the end of process which leads to total cost of material of work in proccess = 0.

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Fisher meeting with Bill Gates, CEO - Microsoft, to form alliances to develop new photo software that helped customers manipulat
Shalnov [3]

Answer: External horizontal diversification

Explanation:

External horizontal diversification is when new products or services are added to a company because they may appeal to the customers. This is a strategy that is used to increase the dependence of firm on certain segments of the market.

This was used when Fisher met with Bill Gates, CEO - Microsoft, to form alliances to develop new photo software that helped customers manipulate images.

5 0
2 years ago
Which of the following correctly describes a repurchase agreement? The sale of a security with a commitment to repurchase the sa
Morgarella [4.7K]

Answer:

The correct answer is A: The sale of a security with a commitment to repurchase the same security at a specified future date and a designated price

Explanation:

A repurchase agreement (Repo) is a short term agreement between two parties in which one party sells the other party security (usually government securities) a<u>t a price with an agreement to repurchase the exact same security at a fixed time and price.</u> The maturity for a repurchase agreement can be from overnight to a year. The

Repurchase agreements are generally considered safe investments because the security in question functions as collateral, which is why most agreements involve U.S. Treasury bonds. The transaction allows the dealer to raise short term capital. It is a short term money market instrument in which two parties agree to buy or sell a security at a future date.

3 0
2 years ago
A small company estimating its photocopying expenses finds that the mean number of copies made per day for the past 12 months is
IRINA_888 [86]

Answer:

The answer is: D) On average, the number of copies made each day was about 24 copies per day away from the mean, 258.

Explanation:

Mean: to calculate the mean of an statistical sample, you add all the data points and then divide by the total number of points, in other words is the average value.

Standard deviation: measures how spread out the values are from the sample's mean. The larger the standard deviation, the more spread out the values.

5 0
2 years ago
(Ignore income taxes in this problem.) Naomi Corporation has a capital budgeting project that has a negative net present value o
olga2289 [7]

Answer:

$10,824 or more

Explanation:

Please see attachment .

6 0
2 years ago
Gus takes his $15 in lemonade stand earnings and deposits it into his savings account. Meanwhile, Gus’s dad borrows $20,000 to b
tresset_1 [31]

Answer:

<u>liability</u>, <u>asset </u>

Explanation:

Liability refers to a future obligation in monetary form which must be discharged by a business. Liabilities are classified on the basis of due period into current and long term. For instance payment due to a supplier, loan for repayment.

Assets on the other hand refer to something which yields future economic benefits. Assets could be in tangible fixed form, movable form or intangibles such as Goodwill.

In the given case, from the purpose of bank, acceptance of deposits constitutes a liability since the bank has to pay such deposits whenever required by the customer.

Similarly, lendings by a bank represent an asset since the bank would receive such sum coupled with interest at a future date.

8 0
2 years ago
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