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Business, 23.05.2020 23:59, yeomans410
The company uses the weighted-average method in its process costing system. The Packaging Department started the month with 210 units in process, started 1,470 units, and had 100 units in process at the end of the period. All materials are added at the beginning of the process, and conversion costs are incurred uniformly. The units in process at the end of the month are 30% complete with respect to conversion costs. During the month 1 comma 580 units were completed and transferred out. The department incurred the following costs: For conversion costs, the equivalent units of production are
Beginning WIP Added this month Total
Direct Materials $700 $3,400 $4,100
Conversion Costs 300 6,150 6,450
Total $1,000 $9,550 $10,550
The cost per equivalent unit for direct materials is? (Round your answer to two decimal places.)
a. $2.56
b. $7.30
c. $5.93
d. $2.30
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Answers: 2
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Business, 22.06.2019 19:00, sharri44
Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.
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Business, 22.06.2019 21:40, supasavb99
Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?
Answers: 2
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The company uses the weighted-average method in its process costing system. The Packaging Department...
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