On April 1, there were 150 units in production in the framing department that were 50% complete. Another 760 units were placed into production during the month, and 650 units were completed and transferred to the shipping department, leaving 260 units 20% complete. All materials are added at the beginning of the process, and the total direct materials cost was $147,000 . What is the cost per
equivalent unit of production for materials?
a. $138.68
b. $203.42
c. $193.42
d. $161.54
c
You might also like to view...
How does the purchase of equipment by signing a note affect the accounting equation?
A) assets increase; assets decrease B) assets increase; liabilities decrease C) assets increase; liabilities increase D) assets increase; owner's equity increases
Mandy decided to sell her iPad and made an offer for $250 to her friend Shelly. Shelly told Mandy she was willing to buy the iPad, but she would be glad if Shelly could lower her asking price. Mandy lowered the price to $210 and Shelly bought it
Which of the following would describe Shelly's response to Mandy for her first offer? A) counteroffer B) rejection C) equivocal acceptance D) grumbling acceptance
. Intermediation revenue is associated with:
a. direct buyer-seller relationships b. the use of third parties (or “middlemen”) c. repeat sales d. dispute management
In its ad, a well-known car company explains its "Global Earth Charter," which has led to the recycling of 400 million pounds of steel annually and an aggressive recycling program that keeps 20 million pounds of other scrap metal from reaching landfills. Which type of image advertising has been used in this ad?
A. financial support ads B. paid positive publicity C. general positioning ads D. recruitment ads E. sponsorships