Livingston co. uses process costing to account for the production of elastic bands. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory consisted of $14,000 in materials and $8,000 in conversion costs. april costs were $72,000 for materials and $80,000 for conversion costs. during april 8,000 units were completed. ending work in process inventory was 4,000 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be:
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Business, 22.06.2019 17:30, gghkooo1987
An essential element of being receptive to messages is to have an open mind true or false
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Business, 22.06.2019 22:20, jaylaa04
Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.
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Business, 22.06.2019 23:10, hannah2757
Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.
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Livingston co. uses process costing to account for the production of elastic bands. direct materials...
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