Bryant Manufacturing produces its product in two sequential processing departments. During October, the first process finished and transferred 310,000 units of its product to the second process. Of these units, 65,000 were in process at the beginning of the month and 245,000 were started and completed during the month. At month-end, 45,000 units were in process. Using the FIFO method, compute the number of equivalent units of production for direct materials for the first process for October assuming that beginning work in process inventory is 30% complete for direct materials cost and ending inventory is 80% complete for direct materials cost.
Answers
The number of equivalent units of production for direct materials for the process for October is 326,500 units.
Given Information
Beginning work in process inventory = 65,000 unitsPercentage completion of beginning inventory = 30%Ending work in process inventory = 45,000 unitsUnits started and completed during the period = 245,000 unitsPercentage of completion of Ending work in process inventory = 80%Equivalent Units of Production (FIFO) = [Beginning work in process inventory x Percentage completion of beginning work in process inventory] + Units started and completed during the period + [Ending work in process inventory x Percentage of completion of Ending work in process inventory]
Equivalent Units of Production (FIFO) = [65,000 x 100%-30%} + 245,000 + [45,000 x 80%]
Equivalent Units of Production (FIFO) = 45,500 + 245,000 + 36,000
Equivalent Units of Production (FIFO) = 326,500 units.
Therefore, the number of equivalent units of production for direct materials for the first process is 326,500 units.
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Related Questions
This chapter is all about trade--imports and exports and the balance of payments.
Answers
Which of the following forms of argumentation is not commonly used in aesthetic reasoning?
Analogy
Statistical syllogism
Definition
Answers
In aesthetic reasoning, the form of argumentation that is not commonly used is Option B. Statistical syllogism.
Aesthetic reasoning focuses on the subjective and qualitative aspects of art, beauty, and expression. It involves analyzing and evaluating the aesthetic qualities and experiences associated with a particular artwork, object, or concept. In this context, arguments are often based on personal preferences, individual interpretations, and emotional responses rather than empirical data or statistical evidence.
A. Analogy is a form of argumentation commonly used in aesthetic reasoning. It involves comparing similarities between different objects, experiences, or concepts to support a particular aesthetic judgment or interpretation. By drawing parallels and making connections, analogy helps to explain and communicate aesthetic qualities, associations, or meanings.
C. Definition is another form of argumentation frequently used in aesthetic reasoning. It involves providing clear and precise explanations of key terms, concepts, or aesthetic categories to facilitate understanding and analysis. By defining terms such as beauty, harmony, or expression, individuals can establish a framework for discussing and evaluating aesthetic qualities.
However, statistical syllogism, which relies on statistical data and generalizations, is not commonly used in aesthetic reasoning. Aesthetic judgments are typically subjective and personal, based on individual experiences and perceptions. Statistics and generalizations may not adequately capture the nuances, complexities, and subjective nature of aesthetic experiences.
In summary, while analogy and definition are commonly used in aesthetic reasoning, the statistical syllogism is not typically employed due to the subjective nature of aesthetic judgments. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Which of the following forms of argumentation is not commonly used in aesthetic reasoning?
A. Analogy
B. Statistical syllogism
C. Definition
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A colleague at work learned that your company, an industrial supply company, has been offering kickbacks to purchasing officers to secure contracts. She asks you whether she should do anything. What step do you suggest she take
Answers
Answer:
In simple words, the given case relates to business ethics. As per the normal rules and guidelines the manager should immediately respond to his or her supervisor in case any conflict of ethics comes into play.
Direct reporting to regulatory authorities or taking any legal action might lead to image degradation of the corporation. However if no action is taken by the supervisor of the manager after the complaint the subject manager should correspond to the legal authorities.
(Ignore income taxes in this problem.) Latting Corporation has entered into a seven-year lease for a building it will use as a warehouse. The annual payment under the lease will be $4,781. The first payment will be at the end of the current year and all subsequent payments will be made at year-end. If the discount rate is 6 percent, the present value of the lease payments is closest to:
a. $22,257
b. $31,573
c. $26,688
d. $33,467
Answers
Answer:
C. $26,689.46
Explanation:
Computation of the present value is
Annual payment × (PVIFA of 7 years, 6%)
Where PVIFA = (1-(1+r)^-n)/r
Where n= Number of period
r= Rate applied
PVIFA = 5.5824 (Kindly check attached picture for explanation
= $4,781 × 5.5824
=$26,689.46
NEED HELP ASAP
In the circular flow diagram with government, what does the government provide directly to firms?
A. expenditures
B. factors of production
C. taxes
D. goods and services
Answers
In the circular flow diagram, the government provides goods and services directly to firms. The correct option is D.
In the circular flow diagram, the government provides goods and services directly to firms. This is represented by the flow of resources from the government sector to the business sector.
The government plays a significant role in the economy by providing public goods and services that are necessary for the functioning of the society as a whole.
Public goods include infrastructure projects like roads, bridges, and public utilities, as well as services such as defense, law enforcement, and education.
These goods and services are not typically provided by private firms, so the government steps in to ensure their provision.
By supplying goods and services directly to firms, the government facilitates the production process and supports the overall functioning of the economy.
This enables businesses to operate efficiently and effectively, contributing to economic growth and development.
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Has anybody took financial literacy on edmentum? Please reply to this.
Answers
Which of the following is not one of the drivers of supply chain performance? A. facilities B. procedures C. information D. inventory
Answers
B. Procedures is not one of the drivers of supply chain performance.
The four main drivers of supply chain performance are facilities, inventory, information, and transportation. These drivers help to determine how responsive and efficient the supply chain is.
Good facilities or locations ensure that the goods produced are in good condition till they are requested by consumers. The quality of the goods is also preserved. Efficient transportation ensures that goods get to the customers on time. Inventory which involves stock-taking helps salespeople to know what goods are available and readily provide customers with the needed information and stock. Information is also an essential factor. Knowledge of factors affecting pricing, push versus pull, forecasting, etc., helps decision-makers to know what is needed to improve the quality of goods and their delivery.Conclusively, Procedures are not one of the drivers of supply chain performance.
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Grayson Bank agrees to lend the Trust Company $100,000 on January 1.
Trust Company signs a $100,000, 8%, 9-month note.
The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is
a. Notes Payable 100,000 Interest Payable 6,000 Cash 100,000 Interest Expense 6,000
b. Interest Expense 8,000 Cash 92,000 Notes Payable 100,000
c. Cash 100,000 Notes Payable 100,000
d. Cash 108,000 Interest Expense 8,000 Notes Payable 108,000
Answers
Answer:
The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is
Debit Credit
Cash $100,000
Notes Payable $100,000
The right answer is c
Explanation:
According to the given data the interest will not be adjusted at the time of loan proceed and issuance of note
Therefore, The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is the following:
Debit Credit
Cash $100,000
Notes Payable $100,000
To record the borrowing
Suppose that a haircut will give Dawn 2,000 units of utility and cost her $40, whereas a set of acrylic nails costs $25 and yields 1,000 units of util. Most likely Dawn should:_____.
A. be indifferent between the two choices.
B. choose the haircut because she will receive 50 units of utility per dollar as compared with 45 units of utility per dollar for the nails.
C. choose the haircut because each unit of utility will cost her 2 cents as compared with 2.5 cents for the nails.
D. choose the nails because she will obtain 50 units of utility per dollar as compared with 40 units of utility per dollar for the haircut.
Answers
Answer:
b
Explanation:
Marginal utility is the additional utility derived from consuming one more unit of a good
the consumption decision is to consume more units of a good that gives the higher utility per good.
Marginal utility per unit of good = marginal utility / price of the good
haircut = 2000 / 40 = 50
Nails = 1000 /25 = 40
the utility per unit for haircut is greater for haircut than nails, so he would choose haircut
When marginal utility is positive, it means that increasing consumption by one unit increases total utility
When marginal utility is negative, it means that increasing consumption by one unit decreases total utility
When marginal utility is zero, total utility has reached its maximum and no more units of goods would be consumed
If an applicant is not hired because the applicant has previously claimed overtime which they were owed, they are likely to be covered under the
Answers
Answer: Fair Labor Standards Act
Explanation:
The Fair Labor Act which is enforced by the US Department of Labor is meant to govern issues of remuneration in labor such as minimum wages and overtime pay. This Act applies to private workers at the Federal, State and Local levels of Government.
This Act stipulates that Overtime should be paid to an employee with certain conditions attached and if those conditions are fulfilled, the company ought to pay the employee that Overtime. If the Employee demands their overtime and is subsequently treated unfairly in hiring, the Department of Labor will be able to protect the Employee under this Act.
c. What is the probability that a randomly selected
invoice from the database is over 90 days old and
from the Seattle office?
Answers
Answer:
Could you show us the question?
Explanation:
Explain why it might be difficult for a new,
small firm to get distribution in a supermarket
chain such as Sainsbury's.
Answers
Answer:
The Threat of New Entrants exerts a significant influence on the ability of current companies to generate a profit Gross Profit Gross profit is the direct profit left over after deducting the cost of goods sold, or cost of sales, from sales revenue. It's used to calculate the gross profit margin
Explanation:
Choose the answer.
Income statement accounts in a chart of accounts are labeled with which of the
following numbers?
100s-300s
100s
600s
400s-500s
Answers
The numbers which Income statements in charts of accounts are labeled with are C. 400s-500s
What is a chart of accounts ?The accounts you must utilize to record financial transactions in your general ledger are listed in a chart of accounts (COA). It makes it easier for you to monitor the sources and uses of your money.
The 400s and 500s are typically used for labeling the income statement accounts in a chart of accounts. These accounts include revenues, cost of goods sold, gross profit, operating expenses, and net income (or loss).
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Ms. Claggett is sixty-six (66) years old. She has been covered under Original Medicare for the last six years due to her disability and has never been enrolled in a Medicare Advantage or a Part D plan before. She wants to enroll in a Part D plan. She knows that there is such a thing as the “Part D Initial Enrollment Period” (IEP) and has concluded that, since she has never enrolled in such a plan before, she should be eligible to enroll under this period. What should you tell her about how the Part D Initial Enrollment Period applies to her situation?
Answers
What should you tell her about how the Part D Initial Enrollment Period applies to her situation is: Part D occurs 3 months prior and 3 months after the month a beneficiary meets the requirements for Part B.
What is Part D plan?Part D plan can be defined as a Medicare plan that help to cover drugs prescription of those under the plan
Based on the scenario you should tell her that Part D Initial Enrollment Period start 3 months prior and 3 months after the month when a beneficiary of the plan meets the eligibility or necessary requirements for Part B plan.
Hence, she cannot be able to use it as a form of justification for enrolling in a Part D plan now.
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Explanation:
Could This firm produce an output of 200 at an average total cost of $20?
Answers
Answer:
yes
Explanation:
Explanation: Hope you get it right
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
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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30 POINTS! My package says Package is "Out for Delivery" since 9AM today but the scheduled delivery date is tomorrow. Usually when something is out for delivery it arrives that day and not the day after. Anyone knows whats happening?
Thanks
Answers
Answer:
maybe that delivered somewhere else or maybe it's a glitch
FIRST TO ANSWER GETS BRAINLIST
(04.02 MC)
How does the Securities and Exchange Commission (SEC) protect investors?
It requires companies to disclose information on their financial health.
O It guides the economy by controlling the money supply.
O It purchases and sells government securities.
O It regulates how much money can be invested.
Answers
Answer:
The Securities and Exchange Commission is a federal agency that regulates securities markets in the United States. The SEC is responsible for enforcing securities laws, regulating the securities markets and related entities and working to ensure investors are treated fairly.
The Answer is D.
Answer:
O It regulates how much money can be invested.
Explanation:
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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Which of the following two
goods would most likely
experience the greatest effect
from the "Law of Increasing
Opportunity Costs?"
A. A business replaces trucks with cars,
B. A business replaces peachorchards with
cattle farms,
C. A business replaces orange trees with lime
trees,
Answers
Answer:
a
Explanation:
i think the answer is a
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Answers
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
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See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
can you help with 1040 form for acct 130 class
Answers
Answer:
what is the question lol? I could probably help you out !
LONGEST BRO CHAIN GO
Answers
Answer:
BRO
Explanation:
BROOOOOOOOOOOOOOOOOO
Answer:
bro
Explanation:
bro
thisneedstobe20charactersatleast
I need help please .
Answers
Answer:
Yes I think it does. News channels can be saying different opinions.
No I do not. People would like to hear the whole story.
Explanation:
On January 1, 2017, Swen paid $184,000 for $200,000 of the 8%, 20-year bonds of Penn Corporation, issued on January 1, 2013, at par. The bonds are held as an investment. Determine the gain and the character of the gain if the bonds are sold on January 1, 2019, for a. $191,000 b. $185,750 C. $183,000
Answers
The determination of the gain and the character of the gain if the Penn Corporation bonds are sold by Swen on January 1, 2019, for the proceeds of each sale is as follows:
(a) (b) (c)
Sales proceeds $191,000 $185,750 $183,000
Carrying value $185,600 $185,600 $185,600
Capital gain (loss) $5,400 $150 ($2,600)
What is the carrying value of bonds?The carrying value of a bond is the net amount between the bond's face value plus (minus) any unamortized premiums or discounts.
The carrying value is the book value of the bond.
When a bond receivable is sold, capital gain or loss is realized from the sale, which gives rise to capital gain tax.
Data and Calculations:Bond's price = $184,000
Face value of bonds receivable = $200,000
Premium received = $16,000 ($200,000 - $184,000)
Interest rate = 8%
Maturity period = 20 years
Payment date = January 1, 2017
Straight-line amortization of premium = $800 ($16,000/20)
Carrying value after two years, January 1, 2019, = $185,600 ($184,000 + $1,600)
(a) (b) (c)
Sales proceeds $191,000 $185,750 $183,000
Carrying value $185,600 $185,600 $185,600
Capital gain (loss) $5,400 $150 ($2,600)
Carrying value:
Face value $200,000
Unamortized premium $14,400 ($16,000 - $1,600)
Carrying value $185,600
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onsumer Economics: Tutorial
Part E
At what wage rate will there be excess labor supplied in the market?
Answers
Excess labor supply in the market occurs when the wage rate is above the equilibrium level.
Consumer economics refers to the study of how individuals and households make decisions about what they consume, how they save and invest, and how they allocate their resources.The wage rate at which there will be an excess supply of labor in the market is known as the equilibrium wage rate. This means that the quantity of labor demanded equals the quantity of labor supplied.
At a wage rate above the equilibrium level, there is a surplus of labor available as the quantity supplied of labor is greater than the quantity demanded for labor. On the other hand, at a wage rate below the equilibrium level, there is a shortage of labor as the quantity demanded of labor is greater than the quantity supplied for labor. Thus, the equilibrium wage rate is essential to maintain stability in the labor market.The equilibrium wage rate is determined by the forces of demand and supply.
The demand for labor arises from the demand for goods and services that labor produces. The supply of labor arises from the willingness of people to work at a particular wage rate. The equilibrium wage rate is the wage rate where the quantity of labor demanded is equal to the quantity of labor supplied in the market.Therefore, excess labor supply in the market occurs when the wage rate is above the equilibrium level.
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I need help how I define followership?
Answers
Followership is the capacity and willingness of individuals to work collaboratively with a leader to achieve a common goal or purpose. It involves recognizing and respecting the authority and expertise of the leader, while also contributing one's own skills, knowledge, and ideas to the collective effort. Effective followership requires active engagement, commitment, and a willingness to share responsibility for the success of the group. Followership can take many forms, from providing support and feedback to the leader, to challenging assumptions and proposing alternative strategies. It is a critical component of effective teamwork, as well as of effective leadership, as leaders rely on followers to help implement their vision and achieve their goals.
While this answer may provide you with helpful infromation regarding your assignment, it is important to remember that using it verbatim could be seen as plaigiarism. To avoid this, it is best to cite your own sources, and put everything in your own words.
I hope I helped!
~~~Harsha~~~
lead a particular function or a subunit within a function. *
General Manager
Functional Manager
Front-Line Manager
ОСЕО
Answers
Answer:
Functional managers are accountable to manage people with specific skills and different resources within a department or section to meet functional objectives as well as corporate objectives. ... Sometimes, both functional managers and project managers have to work together to share resources and experience.
Explanation:function manager
Suppose that unusually hot weather causes the demand curve for ice cream to shift to the right. Why
will the price of ice cream rise to a new market clearing level?
Answers
The price of the ice cream would lead to the new clearing ground due to the fact that increased demand would bring about the raise in price of the good.
How does demand cause price to increase?Although the impact on the equilibrium quantity cannot be determined, a rise in demand and a decrease in supply will result in an increase in the equilibrium price. 1. Consumers now place a higher value on goods, and producers must charge a higher price to offer the goods; as a result, prices will rise for all quantities.
According to the rule of supply and demand, prices are likely to increase when there is a greater demand than there is for an item or service. In these situations, suppliers frequently produce more in order to meet demand and seize margin possibilities.
When demand is constant, there is an inverse relationship between supply and prices of products and services.
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what skills help the salesperson maintain a good relationship with the prospect throughout the negotiation process?
Answers
Answer:
Explanation:
Maintaining a good relationship with prospects during the negotiation process is key to successful sales. A skilled salesperson must be able to effectively communicate, actively listen, and understand the prospect's needs and concerns. The salesperson must also be patient, empathetic, and able to build rapport with the prospect. Other important skills include the ability to adapt to the prospect's communication style, negotiate fairly and transparently, and handle objections in a respectful and tactful manner.
In addition, a salesperson should be knowledgeable about their product or service, and able to clearly articulate its value to the prospect. These skills, when utilized effectively, can help build trust, credibility, and ultimately lead to successful sales.