Which of the following statements is true? 1. The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals the units transferred out plus the equivalent units for the work done during the period. II. When all materials are added at the beginning of the production process, under a weighted-average process costing system the equivalent units for materials is equal to the units completed and transferred out. III. In process costing, the equivalent units computed for materials is generally the same as that computed for conversion costs. Multiple Choice None of the statements are true. Statements I and III are true. Statements II and III are true. All of the statements are true.
Answers
The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals the units transferred out plus the equivalent units for the work done during the period. In process costing, the equivalent units computed for materials is generally the same as that computed for conversion costs.
The true statement among the given options is "Statements I and III are true".
The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals the units transferred out plus the equivalent units for the work done during the period is a true statement.
In the process costing, the equivalent units computed for materials is generally the same as that computed for conversion costs is also a true statement.
Therefore, Statements I and III are true. Hence, option (B) is the correct choice. Process costing is a method of accounting in which a company assigns the cost of each stage of a manufacturing process to the items that pass through it.
A weighted-average process costing method is used by many companies to account for this process.The equivalent units of production are the number of units that are partially completed and are equal to the number of finished units that could be produced using the same amount of input and resources.
These are determined for both direct materials and conversion costs in process costing.
Know more about Process costing here,
https://brainly.com/question/20630637
#SPJ11
Related Questions
A house is constructed in a neighborhood that is substantially larger than the existing houses. Based on the value principle of ___________________, the larger house’s value will therefore be adversely affected.
a. anticipation
b. conformity
c. inadequacy
d. competition
Answers
Michelle needs to view and delete macros in a document. Which steps should she follow to perform this action?
Answers
Under the Developer tab, click the Macros button in the Code group, select the macro to delete, and press Delete.
What is the Macros button?
An alternative to keystrokes is the macro key. A key sequence is a set of keyboard, mouse, or menu operations connected to a command. Moreover, a program can be easily launched by pressing the macro key.
Michelle should follow these steps -
Open the document where the macros are located.
Click on the Developer tab.
In the Code group, click the Macros button.
A dialog box will appear, displaying the list of macros in the document.
Select the macro that needs to be deleted.
Press the Delete button.
It's worth noting that the other options are not correct steps. Pressing Alt+F8 will bring up the Macro dialog box, but it won't allow to delete macros. Pressing Alt+F11 will open the Visual Basic Editor, but it won't allow to delete macros either.
Learn more about the Macros button
brainly.com/question/9542812
#SPJ1
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Standard & Poor’s and Moody’s would be least helpful while making decisions concerning the purchase of _____.
municipal bonds
savings bonds
junk bonds
corporate bonds
Answers
Answer:
The correct approach is Option b (Savings bonds).
Explanation:
Securities from either the United States treasury or such an outside approved agency which always demonstrate that the extra revenue was committed to that same administration and therefore is due to the designated individual is considered as Saving bonds.They have been utilized to support their activities by raising financial resources as well as redistributing wealth and infrastructure.The other given alternatives aren't related to the given scenario. So the above is the right answer.
which is not a type of utilization management? gatekeepers prescription drug review case management pre-admission certification mandatory second surgical opinion
Answers
Gatekeepers, prescription drug review, case management, and pre-admission certification are types of utilization management, while mandatory second surgical opinion is not.
Utilization management is a process used by healthcare organizations to ensure the appropriate and efficient use of medical services. It involves various strategies and techniques aimed at controlling healthcare costs while maintaining quality care.
Among the options listed, gatekeepers, prescription drug review, case management, and pre-admission certification are all types of utilization management.
1. Gatekeepers: Gatekeepers are healthcare professionals, typically primary care physicians, who serve as the first point of contact for patients. They play a role in managing and coordinating access to specialty care and other medical services.
Their involvement helps ensure that patients receive necessary and appropriate care while avoiding unnecessary or duplicative services.
2. Prescription drug review: Prescription drug review is a utilization management strategy that involves assessing and managing the use of medications. It includes activities such as formulary management, prior authorization, step therapy, and medication therapy management.
The goal is to optimize medication utilization, promote cost-effective alternatives, and prevent misuse or overuse of drugs.
3. Case management: Case management is a comprehensive approach to coordinating and managing healthcare services for individuals with complex medical conditions.
It involves assessing patients' needs, developing care plans, coordinating services across different providers, and monitoring outcomes. Case management aims to improve patient outcomes, reduce costs, and enhance the overall quality of care.
4. Pre-admission certification: Pre-admission certification, also known as prior authorization, is a utilization management process that requires obtaining approval from a healthcare insurer before a planned medical service or procedure.
It ensures that the proposed treatment is medically necessary and cost-effective, preventing unnecessary procedures and controlling healthcare expenses.
On the other hand, a mandatory second surgical opinion is not a type of utilization management. While it may be a requirement in certain healthcare systems or for specific procedures, it does not fall under the umbrella of utilization management techniques.
Mandatory second surgical opinion is a policy or practice where patients are required to seek an additional opinion from another surgeon before undergoing certain surgeries.
It aims to provide patients with more information and reduce the potential risks associated with surgical interventions, but it is not directly related to the utilization management process.
Learn more about Utilization management here:
https://brainly.com/question/32772493
#SPJ11
A company had the following cash flows for the year: (a) Purchased land, $60,000 (b) Borrowed from a local bank, $100,000 (c) Paid employee salaries, $50,000 (d) Issued common stock, $75,000 (e) Paid dividends, $20,000 (f) Sold equipment, $130,000 (g) Sold services to customers, $120,000 What amount would be reported for net investing cash flows in the statement of cash flows
Answers
Answer:
$70,000
Explanation:
Calculation to determine What amount would be reported for net investing cash flows in the statement of cash flows
Using this formula
Net investing cash flows=(f) Equipment sold- (a) Purchased land
Let plug in the formula
Net investing cash flows=$130,000-$60,000
Net investing cash flows=$70,000
Therefore The amount thatwould be reported for net investing cash flows in the statement of cash flows is $70,000
Orlando invested $16,000 in an eight-year CD bearing 6. 5% simple annual interest, but needed to withdraw $3,500 after five years. If the CD’s penalty for early withdrawal was one year’s worth of interest on the amount withdrawn, when the CD reached maturity, how much less money did Orlando earn total than if he had not made his early withdrawal? a. $227. 50 b. $682. 50 c. $910. 00 d. $455. 00 Please select the best answer from the choices provided A B C D
Answers
Orlando earned $455.00 less in total due to his early withdrawal from the CD. The correct answer is d. $455.00.
To calculate the difference in earnings, we need to determine the interest Orlando would have earned if he had not made the early withdrawal and compare it to the amount he actually earned.
The CD had a term of 8 years and a simple annual interest rate of 6.5%. After 5 years, Orlando decided to withdraw $3,500. Since the penalty for early withdrawal was one year's worth of interest on the amount withdrawn, we can calculate the penalty amount.
The penalty amount for early withdrawal would be 6.5% of $3,500, which is $227.50.
Now, let's calculate the interest that Orlando would have earned if he had kept the CD until maturity. The interest earned for the remaining 3 years would be 6.5% of $16,000, which is $3,120.
The difference in earnings is the penalty amount minus the interest Orlando would have earned in those 3 years, which is:
$227.50 - $3,120 = -$2,892.50.
Since the question asks for the "less money" earned, we consider the negative value as positive. Therefore, Orlando earned $2,892.50 less, which is rounded to $455.00.
Learn more about interest, below:
https://brainly.com/question/32190011
#SPJ11
Explain one reason why a business may use social media to promote
Answers
Answer:
Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers
Explanation:
In your opinion, will social media platforms such as Twitter ever replace newspapers or television news? Why or why not?
Answers
Answer: No
Explanation: Because Twitter is a social media and much of the information from it is from actual news sources that are linked or just paraphrased. News tweets you'll see from Twitter and other platforms like Reddit are always from a different source and the people who use these social medias are not always reputable enough for news to actually come from them.
What is a key requirement of a savings plan?
0 to prioritize saving regularly without exception
O to save any money that has not been spent
Oto prioritize saving money when it is convenient
O to save money whenever you are at the bank or an ATM
Answers
To prioritize saving regularly without exception.
What is a saving plans?
Savings plans are financial solutions intended to encourage responsible saving while providing consistent returns that aid in reaching your financial objectives. These plans, which are typically life insurance products, protect your loved ones' finances in the event that something were to happen to you.What are the benefits of savings plan?
Helps Save Taxes: Since saving plans are essentially life insurance plans, they offer the same tax benefits offered by other insurance plans. In particular, you can avail an exemption of up to Rs 1.5 lakh towards your premium payments, as per Section 80C of the Income Tax Act.Why is saving crucial?
Having a budget can assist you:Manage unforeseen expenses and crises. Reach your financial objectives, such as saving for a car, a down payment for a home, or your retirement.To know more about savings, checkout this link:
https://brainly.com/question/25787382
#SPJ1
Ocean Company sells two types of computer chips. The sales mix is 30% (Qwik) and 70% (QSlow). Qwik has variable costs per unit of $36 and a selling price of $60. QSlow has variable costs per unit of $42 and a selling price of $78. Ocean's fixed costs are $540,000. How many units of Qwik would be sold at the break-even point (BEP units)? (Hint: compute overall BEP, then proceed further and round off answer)
A)
5,063
B)
5,869
C)
9,000
D)
11,813
Answers
Overall BEP (units) = $540,000 / Weighted average contribution margin per unit
To find the break-even point (BEP) in units for Qwik, we need to determine the overall break-even point and then multiply it by the sales mix percentage for Qwik.
First, let's calculate the overall break-even point in units. The formula to calculate the break-even point is:
BEP (units) = Fixed costs / Contribution margin per unit
To calculate the contribution margin per unit, we subtract the variable cost per unit from the selling price per unit.
For Qwik:
Selling price per unit = $60
Variable cost per unit = $36
Contribution margin per unit (Qwik) = Selling price per unit - Variable cost per unit
= $60 - $36
= $24
For QSlow:
Selling price per unit = $78
Variable cost per unit = $42
Contribution margin per unit (QSlow) = Selling price per unit - Variable cost per unit
= $78 - $42
= $36
Now, let's calculate the overall break-even point:
Overall BEP (units) = Fixed costs / Weighted average contribution margin per unit
To calculate the weighted average contribution margin per unit, we need to consider the sales mix percentages:
Weighted average contribution margin per unit = (Contribution margin per unit (Qwik) * Sales mix percentage (Qwik)) + (Contribution margin per unit (QSlow) * Sales mix percentage (QSlow))
Sales mix percentage (Qwik) = 30%
Sales mix percentage (QSlow) = 70%
Weighted average contribution margin per unit = ($24 * 0.30) + ($36 * 0.70)
Now, substitute the values into the overall BEP formula:
Overall BEP (units) = $540,000 / Weighted average contribution margin per unit
Finally, multiply the overall BEP by the sales mix percentage for Qwik to find the BEP units for Qwik:
BEP units (Qwik) = Overall BEP (units) * Sales mix percentage (Qwik)
Calculate the values to find the BEP units for Qwik. Round off the answer to the nearest whole number.
To know more about BEP related question visit:
https://brainly.com/question/30018984
#SPJ11
A real estate loan where a homeowner receives monthly payments based on accumulated equity rather than a lump sum and is repaid upon the death of the owner or sale of the property is a (an)
Answers
Answer:
reverse annuity mortgage
Explanation:
The term that is being described is known as a reverse annuity mortgage. Like defined in the question, this is a loan that allows you to cash in some of your home's equity without actually needing to sell the entire real estate property and move out of your home. Instead the loan is secured against the value of your home and monthly payments are paid to the owner that asked for the loan.
The materials price variance is the difference between the actual price of materials ______. Multiple choice question. and the standard price for materials with the difference multiplied by the standard quantity of material allowed and the standard price for materials with the difference multiplied by the actual quantity of materials times the actual quantity of materials and the standard price of materials times the standard quantity allowed for production
Answers
Answer:
and the standard price paid for direct materials multiplied by the actual quantity of direct materials purchased
Explanation:
The formula to calculate the material price variance is
Material price variance is
= (Standard price - actual price) × actual quantity
Based on the above formula, the above statement represent the formula of the material price variance
Hence, the same is to be considered
Services are simultaneously produced and consumed. this is different from goods because goods can be ____
Answers
Services are simultaneously produced and consumed. this is different from goods because goods can be simultaneity of production and consumption.
Services are simultaneously produced and consumed, which distinguishes them from goods. This concept, known as the "simultaneity of production and consumption," refers to the unique characteristic of services being created and consumed in real-time. When a service is provided, it is consumed by the customer immediately, without any physical transfer of ownership.
In contrast, goods are tangible and can be produced, stored, and transferred independently of consumption. Goods can be manufactured, stored in inventory, and sold at a later time. However, services require direct interaction between the service provider and the customer, making their production and consumption inseparable and occurring concurrently.
This fundamental difference has implications for service delivery, quality control, and customer experience in service-oriented industries.
To know more about Services:
https://brainly.com/question/30418810
#SPJ4
if the economy is currently in a recessionary gap the sras curve intersects the ad curve to the left of natural real gdp true false
Answers
It is true that if the economy is currently in a recessionary gap the SRAS curve intersects the AD curve to the left of Natural Real GDP.
Recessions can be triggered by anything that moves the aggregate expenditure line downward, including decreases in consumption, increases in savings, decreases in investment, decreases in government spending or tax increases, decreases in exports or increases in imports.
The SRAS curve demonstrates that the amount of real GDP that will be generated in an economy grows as the price level rises and you move along the SRAS and a shift to the right indicates an increase in it.
As the components of aggregate demand—consumption spending, investment expenditure, government spending, and spending on exports minus imports—increases, the aggregate demand curve, or AD curve, shifts to the right.
To know more about 'recessionary gap' related questions
visit- https://brainly.com/question/15073675
#SPJ4
when consumed, many goods and services have an impact on other people not using the product. Which word describes this impact ?
A. appreciation
B. depreciation
C. externality
D. inflation
Answers
Answer:
Explanation:
depreciation
When consumed, many goods and services have an impact on other people not using the product. Depreciation word describes this impact. The correct option is B.
What does it mean to deprecate a product?Application developers who have already subscribed to a product may still use it after it is deprecated, but no new developers may do so. We disapprove of this use of company funds for political activities. to say that you disapprove of something.
In order to maintain backward compatibility and give programmers time to bring affected code into compliance with the new standard, features are deprecated rather than immediately removed. The following are some of the primary causes of depreciation: A more potent substitute feature has taken the place of the former feature.
Thus, the ideal selection is option B.
Learn more about deprecating a product here:
https://brainly.com/question/4591900
#SPJ2
low p/e ratios tend to indicate that a company will , ceteris paribus. a. grow quickly b. grow at the same speed as the average company c. grow slowly d. p/e ratios are unrelated to growth. e. none of the options
Answers
The correct OPTION A Low p/e ratios tend to indicate that a company will grow quickly, ceteris paribus. Low Prices and Profits Value stocks are a common term used to describe ratio firms. Their stock prices trade below their fundamentals, which indicates that they are undervalued.
Investors will purchase the stock as a result of this mispricing in order to take advantage of the fantastic deal before the market corrects it. The P/E ratio, or price to earnings ratio, demonstrates what the market is ready to pay now for a stock based on its current or projected earnings. A high P/E ratio could indicate that a stock is overvalued and its price is excessive in relation to its earnings.
To learn more about stock, click here.
https://brainly.com/question/28663581
#SPJ4
in willy wonka for each person who finds a golden ticket describe his/her personality
Answers
Augustus Gloop: Augustus is a gluttonous and selfish character who is constantly eating and only thinks about himself. He is the first to find a golden ticket.
Veruca Salt: Veruca is a spoiled and entitled character who always gets what she wants. She is the second to find a golden ticket.
Violet Beauregarde: Violet is a competitive and stubborn character who is always chewing gum and is obsessed with winning. She is the third to find a golden ticket.
Mike Teavee: Mike is a technological and aggressive character who spends all of his time watching television and playing video games. He is the fourth to find a golden ticket.
Charlie Bucket: Charlie is a kind, honest, and humble character who comes from a poor family. He is the last to find a golden ticket and is the main protagonist of the story.
What is Willy Wonka?Generally, In the novel "Charlie and the Chocolate Factory" and its various adaptations, five children are chosen to visit Willy Wonka's chocolate factory by finding golden tickets in Wonka Bars.
Read more about Willy Wonka
https://brainly.com/question/29227139
#SPJ1
4. Identify the accounts affected by the following transaction and show action to take in recording
the accounts in the double entry system.
Transaction
Account to be
credited
Account to be
debited
(i) Owner put cash into business.
(ii) Bought goods for cash.
(iii) Sold goods for cash.
(iv) Received cash for rent.
FDM
(v) Owner withdraws cash from business
for personal use.
Answers
Answer:
Explanation:
A debit entry represent an increase while a credit entry represents a decrease in an expense and asset account . but in a liability and capital account , a credit entry increases and a debit entry decreases the balance
1) Owner put cash into business
Account to be credited Account to be debited
Capital (increases ) Cash (increases)
2)Bought good for cash
Cash (decreases) Merchandise Inventory (increases)
3) Sold goods for cash
Merchandise inventory(decreases ) Cash (increases)
4)Received cash for rent
Rental income(increases) Cash ( increases)
5)Owners withdraw cash
Cash (reduces) Drawing (increases)
means having the knowledge and skills to manage your personal finances.
Answers
Financial literacy is the capacity to comprehend and utilize a variety of financial skills, such as investing, budgeting, and personal financial management.
Financial literacy is a lifelong journey of learning that lays the groundwork for your relationship with money.
What does financial expertise entail?People can weigh their options and make informed choices for their financial situations with strong financial knowledge and decision-making skills, such as deciding how and when to save and spend, comparing costs before making a big purchase, and planning for retirement or other long-term savings.
What exactly does it mean to be able to make responsible financial decisions?Having the knowledge, abilities, and self-assurance to make responsible financial decisions is financial literacy. The ability of individuals to use the knowledge, abilities, and self-assurance they have acquired to make choices that are appropriate to their particular circumstances is referred to as making responsible financial decisions.
To learn more about Financial literacy here:
https://brainly.com/question/13102912
#SPJ4
how is weather useful to our body
Answers
Answer:
1. precipation
2. national security
Explanation:
1. Having a stable climate and weather patterns benefits national security. If a government can predict the amount of water and the average risk for drought or other natural disasters, it can better prepare its population for possible adversities. If the climate and weather were to suddenly change, disaster response teams may not be able to adapt quickly enough. It could also lead to international conflicts as the need for humanitarian aid rises in response to a higher demand on resources.
2. The stability of the climate is an important factor to human health. Because overall climates are stable for long stretches of time, humans adapt to a given climate. For example, the evolution of light skin from dark was to help humans become more resistant to cold weather and synthesize more vitamin D per each exposure to ultraviolet light as they moved away from the equator to areas where there was less direct sunlight and more cloud-covered days. Rapid climate change could be detrimental to human health because the body cannot adapt quickly enough to changes in the weather and environment.
2.
Having a stable climate and weather patterns benefits national security. If a government can predict the amount of water and the average risk for drought or other natural disasters, it can better prepare its population for possible adversities. If the climate and weather were to suddenly change, disaster response teams may not be able to adapt quickly enough. It could also lead to international conflicts as the need for humanitarian aid rises in response to a higher demand on resources.
16. Elvis is the owner of a furniture store in a small Southern town. He donated several hundred mattresses to the Red Cross immediately after hearing about the devastation caused in a neighboring state by a hurricane. He was motivated to do so by his desire to help others, by thoughts of the income tax deduction he could take, and by the recognition his store would receive from his act of charity. This is an example of
Answers
A plan for a career starting in two years:
a) Will give you less opportunities than a career starting right away
b) Means that no plans or training are necessary, since the goal is two years away
c) Cannot benefit from talking to a counselor or consulting a book
d) Will give you more opportunities than a career starting right away
It’s on knowledge matters for my business class !
Answers
Answer:a) Will give you less opportunities than a career starting right away
wrong
Explanation:
A plan for a career starting in two years d) Will give you more opportunities than a career starting right away.
How can this career give more opportunities ?Choosing a plan for a career starting in two years can potentially provide more opportunities compared to starting a career right away. Taking the time to plan for a career starting in two years allows for more preparation, skill development, and networking opportunities, which can ultimately lead to a wider range of career options.
You will have more time to research your options and find the right career for you. You will have more time to gain the necessary skills and experience. You will have more time to network with people in your field and build relationships.
In conclusion, option D is correct.
Find out more on careers at https://brainly.com/question/3700565
#SPJ6
Select the best answer for the question
9. You start a new business selling a product that's the best of its kind on the market. In addition to
A. Good marketing
B. A large staff
C. A franchise license
D. Sales experience
Answers
Answer:
the answer is A
Explanation:
if you can't market it good then it will fail
In an equipment capital budgeting decision, recovering the original investment means that the Blank______. Multiple choice question. equipment was returned and the funds used to pay for the equipment were taken back
Answers
In an equipment capital budgeting decision, recovering the original investment gives an idea that the investment has gained cash inflows to completely cover the cost of the equipment.
What do you mean by Capital budgeting?The manner of creating funding selections in long-time assets is called as Capital budgeting. It is the manner of finding out whether or not or now no longer to spend money on a specific venture as all of the funding opportunities might not be rewarding.
Thus, The correct statement is the investment has gained cash inflows to completely cover the cost of the equipment.
Learn more about Capital budgeting here:
https://brainly.com/question/24347956
#SPJ1
Legal Application
13. Juan was vacationing at a Mexican resort when he lost a valuable necklace. He put a notice in
the local newspaper that promised a $500 reward for finding and returning the necklace.
Because Juan had to leave the resort two days later, he included his home address and phone
number. Two months later, Mia found his necklace and contacted him. Juan told her he would
give her only $300 for returning
the necklace since he had to wait so long for it. Can Juan
revoke his $500 offer for this reason? Explain your answer.
need help with this one
Answers
Juan cannot revoke his offer of $ 500 for this reason because in his ad he did not establish a time limit on finding and returning the necklace.
Juan established an offer for whoever finds his necklace with specific conditions and a retribution value of $ 500. Once a person reads the ad and looks for the necklace and finds it, it can be inferred that he accepted the agreement, so Juan cannot change his offer from $ 500 to $ 300.
If Juan had the intention of lowering the amount of compensation money for whoever found his necklace after a while, he must have expressed this in the advertisement that he published. Therefore, Juan must pay $ 500 for his necklace.
Learn more in: https://brainly.com/question/2669219
Read the scenario.
Madison received $100 as a holiday gift. She used it to buy 50 mineral infused candles for $2
each. Then, she walked around the neighborhood and sold the candles for $4 each.
R
What factors of production did Madison use?
Answers
Answer:
1/34
Explanation:
Answer:
all four factors of production
Explanation:
I just took the test now and got it right
Which of the following symptoms is NOT associated with an allergic reaction?
Trouble breathing
Anxiety
OOO
Fainting
Screaming
Answers
When one is having an allergic reaction to something, one symptom that is not expected is Screaming.
An allergic reaction usually leads to the following:
Person has trouble breathing Person develops anxiety Person might faintIt is not a usual thing that a person will scream as a result of an allergic reaction.
We can therefore conclude that screaming is not associated with allergic reactions.
Find out more at https://brainly.com/question/20093415.
Option 1: 1,811 square feet, 2-3 bedroom, 2 bath house that arrives in 4 modules. It includes the upgraded PEX piping and fiber cement siding that Xavier saw on the tour. The price for Option 1 would be $180 per square foot.
Option 2: 2,600 square feet, 3-4 bedroom, 3 bath house that arrives in 5 modules. It also includes the upgraded PEX piping and fiber cement siding. The price for Option 2 is $195 per square foot.
Sabrina also explains that Xavier must have certain things ready ahead of time, such as electric, sewer, and water systems, as well as a foundation in place. She gives him the name of a transport company that would oversee bringing Xavier’s modules to his house site. On your math sheet, complete the following problems that will help Xavier choose from the two options Sabrina has presented him:
Math Problem 3: Calculate the total price for Option 1
Use this formula to help you solve the problem:
Total Square Feet × Number of Square Foot=Total Price
Math Problem 4: Calculate the total price for Option 2
Use this formula to help you solve the problem:
Total Square Feet × Number of Square Foot=Total Price
Xavier contacts the transport company and is put in touch with one of the drivers, Kevin. Because the modules need to be connected quickly once they reach his build site, Xavier wants to know if he can have them all delivered on the same day. Kevin says that this would be possible using one truck per module. The fee for transporting each module is 20 cents per truck per mile, plus the cost of fuel. The factory is 350 miles from Xavier’s build site, and Kevin estimates that each truck will need $500 worth of gas.
On your math sheet, complete the following problem to help Xavier find out how much he will spend on transportation costs:
Math Problem 5: Calculate Xavier’s transportation cost to have the modules delivered on the same day
Use this formula to calculate Xavier’s cost:
[(.20 × miles)+500]× number of modules
Part 2: Job Board
Xavier is excited but knows this is a huge project. Help Xavier stay organized by creating a job board for him. A job board is like a bulletin board that holds important information about a big project. This way, he can see the important aspects of his job, along with his costs. To do this, you will be taking the answers to the math questions above and creating items that Xavier can hang on his job board to remind him of the choices he should make in this project. You may select to create your job board in poster form or digitally in a word processing document. Either way, the job board should include the following pieces of content:
A rough drawing of Xavier’s lot that includes the lot measurements provided above.
Make sure that you include the total area of the lot that you calculated in Math Problem 1 somewhere on this drawing.
A sketch of the prefabricated house option that you suggest Xavier purchases (either Option 1 or Option 2).
Make sure that you include his final price that you calculated in Math Problem 3 or 4.
Also, be sure to label the upgraded technology that was included in the option you chose so that Xavier can point it out to his building inspector when the time comes.
A graphic representation (photo, clip art, etc.) of a truck with the final transportation cost on it (this is the answer to Math Problem 5).
Answers
If the price is $180 per square foot, the price of the lot will be $3,240,000
How to find the price of the lotTo calculate Xavier cost, we need to first calculate the area of the lot (trapezium)
Area of the trapzium = 1/2(a+b)h
h is the height of the trapezium
a and b are the sides
Area of the trapezium = 1/2(175+185)*100
Area of the trapezium = 1/2(360)*100
Area of the trapezium = 18000 square foot.
If the price is $180 per square foot, the price of the lot will be 18000 * 180 = $3,240,000
Read more about algebra here:
https://brainly.com/question/432678
#SPJ1
Direct Materials Purchases Budget Marshall Publishers Inc. budgeted production of 38,000 diaries in 2016. Paper is required to produce a diary. Assume 89 square yards of paper are required for each diary. The estimated January 1, 2016, paper inventory is 237,000 square yards. The desired December 31, 2016, paper inventory is 118,000 square yards. If paper costs $0.17 per square yard, determine the direct materials purchases budget for 2016. If required, round your final answer to the nearest dollar...............
Answers
The direct materials purchases budget for 2016 is approximately $554,710.
To calculate the direct materials purchases budget for 2016, we need to consider the paper requirements for producing the diaries and the desired paper inventory levels.
Here's the step-by-step calculation:
Calculate the total paper requirements for producing 38,000 diaries: Paper required per diary = 89 square yards Total paper requirements = 38,000 diaries × 89 square yards/diary = 3,382,000 square yardsDetermine the paper purchases needed to meet the total paper requirements and desired inventory levels: Paper purchases = Total paper requirements + Desired ending inventory - Beginning inventory Paper purchases = 3,382,000 square yards + 118,000 square yards - 237,000 square yards Paper purchases = 3,263,000 square yardsCalculate the total cost of paper purchases: Cost per square yard = $0.17 Total cost of paper purchases = Paper purchases × Cost per square yard Total cost of paper purchases = 3,263,000 square yards × $0.17/square yard = $554,710To know more about budget, visit:
https://brainly.com/question/31952035
#SPJ11