Answer for lab Plato
* Who is the teen entrepreneur? Young people the age of 13 to 18.
* What makes this business successful? Useful for the community, solves their problems.
* How did the teens prepare for entrepreneurship?looked for solutions for people, requirements to start a business, get financially help from family etc.
* Where did they get startup money? Selling s service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* What was the motivation for starting a business? To overall help their community.

Answers

Answer 1

The teen entrepreneur are young people the age of 13 to 18.

This business is successful because it is useful for the community, solves their problems.

What are the responses to other questions?

* The teens prepare for entrepreneurship by looking for solutions for people, requirements to start a business, get financially help from family etc.

* They got startup money from selling service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.

* The motivation for starting a business was too overall help their community.

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Related Questions

Because it has a _____ inventory turnover, a grocery store will likely have a _____ profit margin than a heavy-equipment manufacturer.

Answers

Because it has a higher inventory turnover, a grocery store will likely have a lower profit margin than a heavy-equipment manufacturer.

Why would someone examining a chain of food stores be more concerned with the inventory turnover percentage than someone examining an insurance firm?

However, as services are essentially a perishable good that cannot be stored, an insurance company that provides services does not need to worry about inventory. Because of this, a grocery store's inventory turnover ratio is more significant than an insurance company's.

In general, a greater ratio value is preferable because it typically denotes robust sales. A lower ratio may indicate sluggish product sales and/or declining market demand.

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Your uncle in announces at a family gathering that he is thinking of becoming a day trader. What might you ask him to help him assess the wisdom of that choice?

Answers

Answer:

I’d ask him what are the stocks he is interested in selling/investing in. And where he would get all these stocks due to the fact that day traders sell everyday. Causing me to question if he’s buying stocks in surplus then selling them for a higher price or perhaps he has stocks of his own he can make a surplus of.

Explanation: Day traders execute many trades throughout the day to capitalize on intraday market price action. Their goal is to profit off of short term price movements.

Suppose you have $100 in a saving account earning 2 percent interest a year.after five year how much would you have

Answers

Answer: Roughly $110.40

Explanation:

100 x (1.02)^5

The 1.02 is just 100 percent of the number plus the 2 percent interest you make.

Answer:

$110.41

Explanation:

Provided that the interest is a "compounding interest," you will have $110.41 in 5 years. A compounding interest allows you to calculate the interest you can earn on your accumulated interest over time in addition to your deposit.

Let's calculate the interest on a yearly basis.

1. First year = $100 x 20% (0.02) = $2

You have to add $2 to the initial deposit of $100.

$100 + $2 = $102

2. Second year = $102 x 20% (0.02) = $2.04

$102 + $2.04 = $104.04

3. Third year = $104.04 x 20% (0.02) = $2.0808

104.04 + $2.0808 = $106.1208

4. Fourth year = $106.1208 x 20% (0.02) = $2.122416

$106.1208 + $2.122416 = $108.243216

5. Fifth year = $108.243216 x 20% (0.02) = $2.16486432

$108.243216 + $2.16486432 = $110.408 or $110.41

After five years, you will have $110.41.

For most consumers, term life insurance is considered to be the:
O worst option
O same cost as term
O most expensive
O best value

Answers

For most consumers, the term life insurance is considered to be worst option.

What is a term life insurance?

A sort of death benefit that pays the policyholder's heirs over a predetermined length of time is term life insurance, commonly referred to as pure life insurance. The owner of the term life insurance policy has three options after the term has ended: renewing it for a new term, changing it to permanent protection, or letting the policy lapse. The premium for term life insurance is established by the insurance provider based on the value of the policy (the payout amount), as well as your age, gender, and general health. A medical examination could be necessary in several situations. Your driving history, current medications, whether you smoke, your work, your hobbies, and your family history may all be requested by the insurance provider.

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Focused reports help managers ____________ the challenge before recommending solutions. Reports that present data without conducting analysis arei ______________.

Like other business messages, reports can range from informal to formal depending on their purpose, audience, and setting. Which of the following contributes to an informal writing style?

a. Absence of humor
b. Passive voice verbs
c. Familiar words
d. Use of contractions

Answers

Answer: analyze, informational reports;

the use of contractions

Explanation:

Focused reports help managers (analyze) the challenge before recommending solutions. Reports that present data without conducting analysis are (informational reports)

b. The option that contributes to an informal writing style is ( the use of contractions). Other informal writing styles are:

• First-person pronouns

• Active-voice verbs

• Conversational language

in the cash book, every cash receipt is______ and every cash payment is_______ ​

Answers

On the left, on the right

Calculate the price rises from $17 a dozen to $23 a dozen, the elasticity of supply is

Answers

Increase is $6 per dozen

QUESTION 3: 3.1 Assume that the South African government have requested you to do a CBA with regard to the two projects. Conduct a research about the two pictures below and answer the questions that follow: PROJECT 1: COSTS AND BENEFIT ANALYSIS PROJECT 2 3.1.1 Identify the TWO projects needed by the South African citizens. 3.1.2 List any TWO private costs that will be incurred in project 2. (2 x 1) (2) (2 x 1) (2) 3.1.3 Why should the government apply the cost benefit analysis for big projects? (8) 3.1.4 Examine the external benefits of Project 1 illustrated above? [20] A Pr​

Answers

For the two projects, the South African government has asked for a cost and benefit analysis (CBA), although no precise details or drawings of the projects have been provided.

However, it is clarified that carrying out CBA is important for large scale initiatives as it helps in determining their economic viability and social impact. Decision makers can choose wisely on the basis of net benefit derived from the initiative by weighing the costs and benefits.

The term "external benefit" refers to good outcomes on society as a whole, including social welfare, job growth, environmental sustainability, and infrastructure improvements. But without more details or visuals it's impossible to give specific feedback or evaluate the external benefits of Project 1. It is advised to refer to the actual images and related data to conduct a complete examination.

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"There is an IT company whose strategy is to distinguish itself by developing high quality innovative technology. As the Director of HRM you are responsible for ensuring that HRM practices are.. 250 words

Answers

As the director of human resource management (HRM) for an IT firm that seeks to stand out via the development of high-quality, cutting-edge technology, it is my duty to make sure that HRM procedures complement the strategic goals of the business.

We can construct an organizational culture that encourages the creation of high-quality, creative technologies by concentrating on human resource management HRM practices. This will make it possible for the business to draw in and keep top personnel, promote creativity and teamwork, and ultimately accomplish its strategic goals.

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T/F The first step in determining how much sleep you need is to evaluate your level of fatigue after getting 8 hours of sleep.

Answers

It is true that the first step in determining how much sleep you need is to evaluate your level of fatigue after getting 8 hours of sleep.

Although there are also tests that can be done at home, an in-lab sleep study offers the most thorough analysis of your sleep. A sleep study uses painless sensors to monitor your breathing, heartbeat, and brain activity while you sleep. It also records the oxygen levels in your blood as well as your eye and limb movements.

The most typical onset ranges from 12 to 25 years old. 10% of instances are found to be in guys despite being significantly more common in females.

Statistics on Sleep Deprivation

The recommended amount of sleep for adults is seven to nine hours per night. Adults aged 65 and up require 7-8 hours. Nearly half of all Americans claim to experience daytime sleepiness three to seven days each week. 35.2% of American adults overall.

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In a competitive labor market, the demand for and supply of labor determine the equilibrium wage rate and the equilibrium level of employment.

1.Discuss the relationship between how these markets determine the wage rate and the quantity of labor that should be employed.

2.Share an example, beyond your textbook, that demonstrates this relationship.

Answers

1. In a competitive labor market, the equilibrium wage rate is determined by the point where the demand for labor equals the supply of labor. The demand for labor refers to the willingness and ability of employers to pay for labor at different wage rates, while the supply of labor refers to the willingness and ability of workers to work at different wage rates. As the wage rate increases, the quantity of labor supplied increases and the quantity of labor demanded decreases. Conversely, as the wage rate decreases, the quantity of labor supplied decreases and the quantity of labor demanded increases. The equilibrium wage rate is the wage rate at which the quantity of labor demanded equals the quantity of labor supplied, and the equilibrium level of employment is the level of employment at which the quantity of labor demanded equals the quantity of labor supplied.

2. An example of this relationship is the labor market for software engineers in Silicon Valley. The demand for software engineers in Silicon Valley is high due to the growth of the tech industry, which has led to a shortage of skilled workers. As a result, employers are willing to pay high wages to attract and retain software engineers. However, this high wage rate also attracts more workers to the industry, increasing the quantity of labor supplied. This increase in the quantity of labor supplied may eventually lead to a decrease in the wage rate, as the supply of labor outstrips the demand for labor. Conversely, if the demand for software engineers were to increase even further, the equilibrium wage rate and level of employment would increase, reflecting the increased demand for labor.

Generally, international trade laws in the last 60 years have served to:______.

Answers

Answer: lower barriers to trade

Explanation:

Barriers to trade are usually used by countries to protect their infant industries, prevent dumping and consumption of harmful goods.

Despite all the controversies with international trade, the trend for the last 60 years has been toward a lower barrier to trade and there has been tremendous improvement with regards to that as the average level of tariffs that were charged by the industrialized countries was about forty percent in 1946 but reduced to about five percent in 1990. Also several countries have minimized their trade barriers.

my bunnies Lola (gray and white) and Sylvester (brown)

my bunnies Lola (gray and white) and Sylvester (brown)

Answers

Answer:

cute

Explanation:

theyre so cute

Answer:

omg your bunnies are SO cute!

Explanation:

:D

When the value of a currency A reduces as a result of an increase in the value of another currency B, then currency A would be said to have Select one O a, Arranged b. Depreciated OC Devalued O d. Denominated​

Answers

the answer is not here the answer is deficit but I will pick depreciated

The below two statements are related to mindfulness
a. It is not obscure or exotic.
b. It is evidence-based.

TRUE
FALSE

Answers

It is true that mindfulness is evidence based and false that it is exotic.

What is mindfulness?

Mindfulness. It's an easy term to understand. It implies that the mind is entirely focused on what is taking place, what you are doing, and the environment you are moving through. That might sound insignificant, but it annoys me that we frequently stray from the topic at hand. When our mind wanders, we get disconnected from our physical selves and quickly become preoccupied with compulsive thoughts about the past or worry about the future. And it stresses us out.

However, awareness is always present to bring us back to where we are, what we are doing, and how we are feeling, no matter how far we go. It's great to give mindfulness a go for a time if you want to understand what it is. You will discover tiny variances in the meaning in books, online, audio, and video since it's difficult to put into words.

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Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equipment with a useful life of five years and no salvage value. The company’s discount rate is 16%. The project would provide net operating income in each of five years as follows:



Sales $ 2,863,000
Variable expenses 1,014,000
Contribution margin 1,849,000
Fixed expenses:
Advertising, salaries, and other fixed out-of-pocket costs $ 781,000
Depreciation 583,000
Total fixed expenses 1,364,000
Net operating income $ 485,000

15. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project’s actual simple rate of return? (Round your answer to 2 decimal places.)

Answers

Answer:

The initial investment is $2,915,000. The annual net operating income is $485,000. The project's simple rate of return is the annual net operating income divided by the initial investment.

The variable expense ratio is 45%, which means that the variable expenses are $2,863,000 x 45% = $1,288,350.

The contribution margin is $2,863,000 - $1,288,350 = $1,574,650.

The fixed expenses are $781,000 + $583,000 = $1,364,000.

The net operating income is $1,574,650 - $1,364,000 = $210,650.

The simple rate of return is $210,650 / $2,915,000 = 7.22%.

Therefore, the project's actual simple rate of return is 7.22%.

Different compounding periods, are used for different types of investments. In order to properly compare investments or loans with different compounding periods, we need to put them on a common basis. In order to do this, you need to understand the difference between the nominal interest rate (INOM) and the effective annual rate (EAR). The _________ interest rate is quoted by borrowers and lenders, and it is also called the annual percentage rate (APR). If the compounding periods for different securities is the same, then you _______ use the APR for comparison. If the securities have different compounding periods, then the Iper must be used for comparison.

Answers

Answer:

*Nominal Interest Rate

*Can

*EAR

*Annual

*Higher

Explanation:

Here is the complete question;

Different compounding periods, are used for different types of investments. In order to properly compare investments or loans with different compounding periods, we need to put them on a common basis. In order to do this, you need to understand the difference between the nominal interest rate (INOM) and the effective annual rate (EAR). The__________ interest rate is quoted by borrowers and lenders, and it is also called the annual percentage rate (APR). If the compounding periods for different securities is the same, then you____________ use the APR for comparison. If the securities have different compounding periods, then the____________ must be used for comparison. Here, M is the number of compounding periods per year and INOM/M is equal to the periodic rate (IPER). If a loan or investment uses___________ compounding, then the nominal interest rate is also its effective annual rate. However, if compounding occurs more than once a year, EAR is___________ INOM. Quantitative Problem: Bank 1 lends funds at a nominal rate of 6% with payments to be made semiannually. Bank 2 requires payments to be made quarterly. If Bank 2 would like to charge the same effective annual rate as Bank 1, what nominal interest rate will they charge their customers? Round your answer to three decimal places. Do not round intermediate calculations.__________ %

Different compounding periods, are used for different types of investments. In order to properly compare investments or loans with different compounding periods, we need to put them on a common basis. In order to do this, you need to understand the difference between the nominal interest rate (INOM) and the effective annual rate (EAR). The____Nominal______ interest rate is quoted by borrowers and lenders, and it is also called the annual percentage rate (APR). If the compounding periods for different securities is the same, then you_____can_______ use the APR for comparison. If the securities have different compounding periods, then the_______EAR_____ must be used for comparison. Here, M is the number of compounding periods per year and INOM/M is equal to the periodic rate (IPER). If a loan or investment uses____annual______ compounding, then the nominal interest rate is also its effective annual rate. However, if compounding occurs more than once a year, EAR is______higher_____ INOM. Quantitative Problem: Bank 1 lends funds at a nominal rate of 6% with payments to be made semiannually. Bank 2 requires payments to be made quarterly. If Bank 2 would like to charge the same effective annual rate as Bank 1, what nominal interest rate will they charge their customers? Round your answer to three decimal places. Do not round intermediate calculations.__________ %

CALCULATION PART

what nominal interest rate will they charge their customers?

Effective annual rate= (1+nominal rate/n)^n -1)

n= compounding period

Effective annual rate=[(1+0.06/2)^2 -1]

[(1+0.06/2)^2 -1]

= (1+0.03)^2 -1

=1.0609-1

=0.0609

= 6.09%

They will charge it 6.09%

There are four quarter in a year which means n=4

Let the nominal rate = x

Using the effective annual rate formula

0.0609=[ (1+x/4)^4 -1]

0.0609+1= (1+x/4)^4

(1.0609)^1/4 = 1+x/4

1.01489= 1+x/4

1.01489-1= x/4

x= 0.01489×4

x= 0.05956×100

x= 5.956%

Hence, effective annual rate for the both banks is 6.09%

While nominal annual rate for bank2 is 5.956%

,

This is weird what is ya favorite anime character

Answers

Answer:

naruto

Explanation:

He is my favourite anime character.........

Warehouses
WI
W2
W3
S1
14
12
10
Stores
S2
16
14
16
S3
12
10
8
S4
20
8
15

Answers

Based on the given information, it appears to be a representation of quantities of goods stored in warehouses and sold in stores.

The warehouses are labeled as WI, W2, and W3, while the stores are labeled as S1, S2, S3, and S4. The numbers listed below each warehouse represent the quantities of goods stored in each warehouse, while the numbers listed below each store represent the quantities of goods sold in each store.

For example:

- Warehouse WI has 14 units of goods.

- Warehouse W2 has 12 units of goods.

- Warehouse W3 has 10 units of goods.

Similarly, for the stores:

- Store S1 has sold 16 units of goods.

- Store S2 has sold 14 units of goods.

- Store S3 has sold 12 units of goods.

- Store S4 has sold 20 units of goods.

It seems to be a simple inventory representation, showing the quantities of goods stored in each warehouse and sold in each store.

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Emo Incorporated is reviewing the following projects for next year's capital program. Project Initial Investment Length in Years Annual Cash Flow A $3.0 million 6 $719,374 B 3.5 million 5 970,934 C 4.0 million 7 904,443 D 5.0 million 4 1,716,024 E 6.0 million 6 1,500,919 F 7.0 million 5 1,941,868 G 8.0 million 7 1,725,240 Projects A and B are mutually exclusive and so are Projects D and E. Griffin-Kornberg has 10.5% cost of capital and a maximum of $14 million to spend on capital projects next year. Use capital rationing to determine which projects should be included in Emo's capital program.

Answers

Answer:

Projects C, D and B should be carried out since they yield the highest profits. Total investment = $12.5 million.

I based my decision on how much value each project generated (NPV) and how profitable they were. If the company really needed to invest as much of the $14 million as possible, then you could change project D for E, fro a total investment of $13.5 million. Projects B and F yield basically the same gains, but the investment for project F is too high and there are better alternatives.

Explanation:

Project          Initial Investment         Length in Years          Annual Cash Flow

A                             $3.0 million                    6                           $719,374

B                             $3.5 million                    5                          $970,934

C                             $4.0 million                    7                          $904,443

D                             $5.0 million                    4                        $1,716,024

E                             $6.0 million                    6                        $1,500,919

F                             $7.0 million                    5                         $1,941,868

G                             $8.0 million                    7                        $1,725,240

NPV

A = -$3.0 million + (4.29218 x $719,374) = -$3.0 million + $3,087,682.70 = $87,682.70

B =  -$3.5 million + (3.74286 x $970,934) = -$3.5 million + $3,634,070.03 = $134,070.03

C = -$4.0 million + (4.7893 x $904,443) = -$4.0 million + $4,331,648.86 = $331,648.86

D = -$5.0 million + (3.13586 x $1,716,024) = -$5.0 million + $5,381,211.02 = $381,211.02

E = -$6.0 million + (4.29218 x $1,500,919) = -$6.0 million + $6,442,214.51 = $442,214.51

F = -$7.0 million + (3.74286 x $1,941,868) = -$7.0 million + $7,268,140.06 = $268,140.06

G = -$8.0 million + (4.7893 x $1,725,240) = -$8.0 million + $8,262,691.93 = $262,691.93

Profitability index

A = NPV / initial investment = $87,682.70 / $3,000,000 = 2.92%

B =  NPV / initial investment = $134,070.03 / $3,500,000 = 3.83%

C = NPV / initial investment = $331,648.86 / $4,000,000 = 8.28%

D = NPV / initial investment = $381,211.02 / $5,000,000 = 7.62%

E = NPV / initial investment = $442,214.51 / $6,000,000 = 7.37%

F = NPV / initial investment = $268,140.06 / $7,000,000 = 3.83%

G = NPV / initial investment = $262,691.93 / $8,000,000 = 3.28%

ranking of projects based on profitability

C = $4 million investment, 8.28%

D = $5 million investment, 7.62% mutually exclusive with E

E = $6 million investment, 7.37% mutually exclusive with D

B =  $3.5 million investment, 3.83% mutually exclusive with A

F = $7 million investment, 3.83%

G = $8 million investment, 3.28%

A = $3 million investment, 2.92%  mutually exclusive with B

Projects C, D and B should be carried out since they yield the highest profits. Total investment = $12.5 million.

Role of Chartered accountants in achieving economic blue prints ​

Answers

Answer:

There are a lot of ways in which a CA contributes in achieving economic blueprint. A CA is the person who certifies the balance sheets of companies, certifying the true and fair view of the same. He is a watchdog of the financial affairs of entities.

A CA is the person who conducts audits of entities for tax compliance, and reports the same to the Government, thus contributing to tax revenues of the government and contributing in national development.

A CA is the person who certifies that necessary taxes are paid before a sum of money is remitted out of the country, thus ensuring correcct tax payments at the right time.

At a macro level, the CA recommends Accounting Standards in the country, which are the framework within which, financial reporting is to be done, thus ensuring uniformity in the reporting, and helping the people of the country assimilate how the money is moving/has moved.

The CA regularly advises the Govt. on various matters of taxation with its recommendations, thus ensuring robust taxation framework in India. The ICAI also provides its recommendations on various matters relating to corporate affairs to the Govt.

Below is a graph of the Murphys' annual expenses. If the Murphys' gross annual household income is $85,420, how much will they pay in federal taxes?
a. $3,559.17
b. $8,542.00
c. $20,500.80
d. $29,897.00​

Answers

The Murphys will pay $20,500.80 in federal taxes on an annual gross household income totaling $85,420. Thus, the correct answer is C.

Individual federal income tax rates in the United States are progressive, which means that as taxable income rises, so will the tax rate. Federal income tax rates vary from 10% to 37% and are levied at various income levels. Tax brackets are the income ranges within which the rates apply. Income in each tax group is taxed at the associated rate.

The federal tax rate is 24%, as shown in the pie chart (see the attachment). While the annual gross household income for the Murphys is $85,420. Hence, the amount that the Murphys will pay for federal taxes is:

= \(\frac{24}{100}\) x $85,420 =  $20,500.80

Hence, the correct answer to this question is C.

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Below is a graph of the Murphys' annual expenses. If the Murphys' gross annual household income is $85,420,

good research should ideally be...​

Answers

Answer:

What constitutes a good research question?

A good research question requires original data, synthesis of multiple sources, interpretation and/or argument to provide an answer. The answer to the question should not just be a simple statement of fact: there needs to be space for you to discuss and interpret what you found.

Explanation:

Which moves the food from the esophagus to the stomach?​

Answers

Answer:peristalsis

Explanation:

that is the job of your peristalsis after you swallow, peristalsis pushes the food down your esophagus into your stomach. hope this helps

differences between home trade and international trade​

Answers

Home = domestic. Domestic trading is made up of products made within the country’s borders and sold to domestic retailers. International is the opposite

Producing goods and services and paying taxes are two ways that businesses:

Answers

Producing goods and services and paying taxes are two ways that business: benefit society.

What is taxation?

Taxation can be defined as the involuntary fees that are levied on individuals or business firms by the government of a particular country, so as to generate revenues that can be used to fund public projects, institutions and activities.

The types of tax.

In Economics, there are different types of tax levied on individuals or business firms by the government, and these include the following:

Sales taxProperty taxIncome tax

In this context, we can infer and logically deduce that the two ways through which business firms benefit society are by producing goods and services and paying taxes to the government.

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¿Cómo afectará una reducción de la jornada de trabajo en el sueldo del trabajador?

Answers

Answer:

En términos generales, reducir la jornada laboral del trabajador reduce su sueldo o remuneración, ya que las empresas pagan a los trabajadores un salario acorde no sólo a su nivel de productividad, sino que también a la cantidad de tiempo que laboran.

Aunque es posible que en ciertas formas contractuales dicha reducción horaria no repercuta en el sueldo, o también puede suceder que el trabajador realmente sea más productivo trabajando menos, lo cual hasta podría hacer que su salario aumente, dependiendo del contexto.

HELPPPPPP
CHAPTER 5 the free enterprise system
1. What is the price and number of u it’s at the equilibrium point?
2.What is the significance of this point for buyers and sellers?
3.What happens to demand for backpacks as the price goes down?
4. What is the significance of this point for buyers and sellers?
5.
6.

HELPPPPPPCHAPTER 5 the free enterprise system 1. What is the price and number of u its at the equilibrium
HELPPPPPPCHAPTER 5 the free enterprise system 1. What is the price and number of u its at the equilibrium

Answers

As the price of backpacks goes down, the demand for them typically increases.

This is because consumers are more likely to purchase a product when it is more affordable. Additionally, consumers may perceive lower prices as an indication of higher value, which can increase their interest in purchasing a product.

There are several factors that can influence demand for backpacks, including price, consumer preferences, and market trends. For example, if backpacks become a popular fashion trend, demand may increase regardless of price. Conversely, if backpacks fall out of favor or are replaced by other types of bags, demand may decrease even if prices are low.

Overall, demand for backpacks is influenced by a complex interplay of factors. While price is an important consideration, it is not the only factor that determines consumer behavior. Other factors, such as quality, brand reputation, and availability, can also influence consumer decisions and ultimately impact demand for backpacks.

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A rational decision maker

Answers

Answer:yes

Explanation:because yes

Warren Industries uses a process-costing system for its single product, which is manufactured from Material X and Material Y. X and Y are introduced to the product as follows: Material X: Added at the beginning of manufacturing Material Y: Added at the 80% stage of completion The company started and completed 74,000 units during the period, and had an ending work-in-process inventory amounting to 17,000 units, 30% complete. Which of the following choices correctly expresses the total equivalent units of production for Material X and Material Y?Material X Material YA. 87,600 79,100 B. 87,600 87,600 C. 91,000 74,000 D. 91,000 79,100 E. 91,000 87,600

Answers

Answer:

C. 91,000 74,000

Explanation:

Calculation to determine the choices that correctly expresses the total equivalent units of production for Material X and Material Y

Calculation for Material X using this formula

Material X = Started and completed + Ending Work-in-process inventory

Let plug in the formula

Material X = 74,000 units + 17,000 units

Material X = 91,000 units

Therefore Material X will be 91,000 units

Calculation for Material Y

Based on the information given Material Y will be 74,000 units reason been that Y is added at the 80% point while the current point on the other hand is 30%.

Therefore Material Y will be 74,000 units.

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