Business, 31.07.2019 17:20 20jacksone

At the beginning of the month, the forming department of martin manufacturing had 10,000 units in inventory, 30% complete as to materials, and 10% complete as to conversion. during the month the department started 60,000 units and transferred 62,000 units to the next manufacturing department. at the end of the month, the department had 8,000 units in inventory, 80% complete as to materials and 60% complete as to conversion. if martin manufacturing uses the fifo method of process costing, compute the equivalent units for materials and conversion respectively for the forming department.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:30

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

Answers: 2

Answer

Business, 21.06.2019 23:30

Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable

Answers: 3

Answer

Business, 22.06.2019 08:00

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Answers: 3

Answer

Business, 22.06.2019 08:50

Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize

Answers: 3

Answer

You know the right answer?

At the beginning of the month, the forming department of martin manufacturing had 10,000 units in in...

Questions