BUSINESS COLLEGE

In the Shaping Department of Oriole Company the unit materials cost is $4.00 and the unit conversion cost is $2.00. The department transferred out 8900 units and had 1700 units in ending work in process 20% complete. If all materials are added at the beginning of the process, the total cost to be assigned to the ending work in process is___________-

Answers

Answer 1
Answer:

Answer:

200

Explanation:

you will get 200 dollars

Related Questions

Four basic steps are used in an ABC system. List the proper order of these steps, which are currently scrambled below:a. Identify the primary activities and estimate a total cost pool for each.b. Allocate the costs to the cost object using the activity cost allocation rates.c. Select an allocation base for each activity.d. Calculate an activity cost allocation rate for each activity.A) c, a, b, dB) a, c, d, bC) b, a, c, dD) a, d, c, b
Which of the following you should use if you expect the probability for an increase in pound value is greatee than that for decrease
Place a checkmark next to each argument that supports abolishing the Federal Reserve Bank.The Fed increases inflation.Changing the U.S. currency system could destabilize the economy.The Federal Reserve helps stimulate economic growth during depressions and recessions.The Fed worsens economic depressions.Poor management by the Fed has led to two major financial crises in the U.S. in the last 100 years.The Federal Reserve is best equipped to supervise large firms and banks.A more independent financial market is generally healthier and more stable.The Fed does not have the knowledge necessary to make good decisions about interest rates.
Suppose that Italy and Austria both produce fish and shoes. Italy’s opportunity cost of producing a pair of shoes is 5 pounds of fish, while Austria’s opportunity cost of producing a pair of shoes is 10 pounds of fish. By comparing the opportunity cost of producing shoes in the two countries, you can tell that _____ has a comparative advantage in the production of shoes, and ______ has a comparative advantage in the production of fish. Suppose that Italy and Austria consider trading shoes and fish with each other. Italy can gain from specialization and trade as long as it receives more than _______ of fish for each pair of shoes it exports to Austria. Similarly, Austria can gain from trade as long as it receives more than _______ of shoes for each pound of fish it exports to Italy. Based on your answers to the previous question, which of the following terms of trade (that is, price of shoes in terms of fish) would allow both Austria and Italy to gain from trade? Check all that apply.(A) 8 pounds of fish per pair of shoes (B) 1 pound of fish per pair of shoes(C) 15 pounds of fish per pair of shoes(D) 3 pounds of fish per pair of shoes
Toys "R" Us has decreased its receivable turnover over the last three years: which of the following may be a possible cause of this decrease? A) the company has been more selective in choosing reliable customers. B) salesmen have granted customers an extension of credit terms. C) the accounting department has increased the allowance for doubtful accounts. D) all of the above are correct

To decrease the money supply, the Federal Reserve could a. decrease the required reserve ratio. b. conduct an open market purchase of U.S. Treasury securities. c. increase the discount rate. d. forbid the reselling of U.S. Treasury securities.

Answers

Answer: c. increase the discount rate.

Explanation:

The discount rate of a country is the rate at which the central bank in that country loans money out to the financial institutions.

When this rate is low, more financial institutions will borrow money as opposed to when it is high. Banks borrowing money increases the money supply in the economy so if the Federal Reserve wants to reduce money supply, it should increase the discount rate which would dissuade banks from borrowing from the Fed thereby limiting money supply.

An investment had a nominal return of 11.1 percent last year. If the real return on the investment was only 7.3 percent, what was the inflation rate for the year

Answers

Answer:

inflation rate= 3.8%

Explanation:

Giving the following information:

Nominal return= 11.1 percent

Real return= 7.3 percent

The real return on investments is the difference between the nominal return and the inflation rate.

Real return= nominal return - inflation rate

inflation rate= nominal return - real return

inflation rate= 11.1 - 7.3

inflation rate= 3.8%

Final answer:

The inflation rate is determined by subtracting the real return on an investment from its nominal return. In this case, the inflation rate is 3.8 percent.

Explanation:

The inflation rate can be calculated by subtracting the real return from the nominal return. In this case, the nominal return is 11.1 percent and the real return is 7.3 percent.

To calculate the inflation rate, we use the formula: Inflation rate = Nominal return - Real return. So, the inflation rate would be: 11.1 - 7.3 = 3.8 percent.

This means that the value of money decreased by 3.8 percent over the course of the year due to inflation.

Learn more about Inflation Rate here:

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Writing a check on an account with insufficient funds is allowed under certain conditions.

Answers

Answer:

True

Explanation: If you have overdraft protection your account

ordan Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,200 containers follows. Unit-level materials $ 5,800 Unit-level labor 6,400 Unit-level overhead 3,900 Product-level costs* 9,600 Allocated facility-level costs 26,600 *One-third of these costs can be avoided by purchasing the containers. Russo Container Company has offered to sell comparable containers to Jordan for $2.80 each. Required Calculate the total relevant cost. Should Jordan continue to make the containers

Answers

Answer:

1. $19,300

2. Yes

Explanation:

1. The computation of relevant cost is shown below:-

= Unit-level materials + Unit-level labor + Unit-level overhead + Product level cost

= $5,800 + $6,400 + $3,900 + $3,200

= $19,300

Working note:-

Product level cost = $9,600 ÷ 3

= $3,200

2. Yes, Therefore Production is lower than buying cost, hence it is better to continue production.

Purchase price =  9,200 × $2.80

= $25,760

Suppose you have $10,000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for future use. If the required reserve ratio is 10%, what will be the maximum impact on money supply today as a result of your action?

Answers

Answer:

The Money supply will decrease by $4,500

Explanation:

What will be the maximum impact on money supply today as a result of your action is that the Money supply will decrease by $4,500.

Since we assumed that you have $10,000 in your account in which you withdraw $500 cash from your account and hide it under your pillow for future use, therefore based this scenario or actions carried by you it means that your bank have fewer or lesser funds available to make loans which means the decrease will tend to affect the money supply.

Hence, you can easily calculate the effect by using the simple money multiplier.

Almost overnight, several police officers, all members of the police force of the growing suburb of mayberry, called in sick. as the dispatcher took those calls, one right after the other, she speculated that there could be more to this story than she was hearing. in fact, she thought it might be related to the emotional banter she heard the night before in the locker room as several members of the force were leaving their shifts. the group was not happy with the recent changes in scheduling, the excessive overtime hours, and, management's reluctance to begin negotiations on a new benefits package. she heard one officer saying, "it's time for a mental health day!" although it is illegal for police to strike, what the police dispatcher was witnessing may have been ______.

Answers

What the police dispatcher was witnessing may have been "a blue flue".

A blue flu is an informal term used to portray a sort of strike activity embraced by cops in which an expansive number simultaneously utilize sick leave. A blue flue is a strike activity by police in a few sections of the US where police strikes are denied by law.

Answer:

The correct answer is:  a Blue Flu.

Explanation:

A Blue Flu is the act by which police officers call in sick leaves massively as a form of protest against labor conditions. This action is carried out because law enforcement deputies in most parts of the United States are not allowed to go on a strike by law.
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