In the wake of everything described in the case study, Wells Fargo has fired many employees, clawed back bonuses from executives, replaced many of its directors, dismantled its sales incentive system and made other changes. Do you think these changes were made out of a utilitarian calculation designed to avoid further monetary penalties, a desire to avoid the shame and embarrassment the bank’s managers and employees were feeling, or a combination of both? If a combination, which do you think played a bigger role? Why?

Answers

Answer 1

Answer:

These changes made by Wells Fargo were made as a result of a combination of utilitarian calculation to avoid further monetary penalties and the desire to avoid the shame and embarrassment the bank's managers and employees were feeling.

The factor that played a bigger role is the utilitarian calculation because it foresaw that it could lose more through monetary penalties.

Explanation:

Wells Fargo must have factored in the benefits and harms that could result from its actions and then compared them with the benefits and harms that might result from other actions.  It then figured out that it could pay it better to make amends instead of facing the torrents of accusations for fraud.  Admitting that one is wrong from the beginning and showing signs of changes is less painful overall.


Related Questions

Using the data below, determine the ending inventory amount assuming the weighted average method under a periodic inventory system.

Beginning inventory 10 units
Purchases 20 units
Total cost of units available for sale $3,000
Ending inventory 12 units

Answers

Answer:

$1200

Explanation:

The computation of the ending inventory is shown below:

Weighted Average Cost per unit is

= Cost of units available for sales ÷ units available for sales

= $3000 ÷ 30

= $100

Now

Ending Inventory is

= 12 units × Weighted Average Cost per unit $100

= $1200

Malik is a recent college graduate. He just started his first job as an investment
representative for Edward Jones. He has carefully budgeted his finances, and plans to
set aside $500/month for his retirement,
How would you recommend Malik invest his money?

Answers

Answer:

The answer is below

Explanation:

Given that Malik wants to invest his money for retirement purposes, here are some of the income-producing retirement investments he can invest his money:

1. Immediate Annuities

2. Bonds

3. Retirement Income Funds

4. Rental Real Estate

5. Real Estate Investment Trusts (REITs)

6. Variable Annuity With a Lifetime Income Rider

7. Closed-End Funds

8. Dividend Income Fund

9. Total Return Portfolio

The February contribution format income statement of XYZ Corporation appears below: Sales $ 169,500 Variable expenses 96,000 Contribution margin 73,500 Fixed expenses 58,000 Net operating income $ 15,500 The degree of operating leverage is closest to:

Answers

Answer:

degree of operating leverage= 4.742

Explanation:

Giving the following information:

Contribution margin 73,500

Net operating income $ 15,500

To calculate the degree of operational leverage, we need to use the following formula:

degree of operating leverage= Total contribution margin / operating income

degree of operating leverage= 73,500 / 15,500

degree of operating leverage= 4.742

A Real estate broker has a fiduciary responsibility to her client and her responsibilities include financial references, orders and examine reports, and must follow ADA title lll. This broker is most likely working for the client as:

Answers

Answer:owowo

Explanation:

Isidore

Entries for Uncollectible Accounts, using Direct Write-Off Method
Journalize the following transactions in the accounts of Canyon River Medical Co., a medical equipment company that uses the direct write-off method of accounting for uncollectible receivables:
Jan. 19 Sold merchandise on account to Dr. Kyle Norby, $46,800. The cost of goods sold was $25,300.
June 2 Received $10,800 from Dr. Kyle Norby and wrote off the remainder owed on the sale of January 19 as uncollectible.
Oct. 23 Reinstated the account of Dr. Kyle Norby that had been written off on June 2 and received $36,000 cash in full payment.

Answers

Answer and Explanation:

The journal entries are as follows:

On Jan. 19

Accounts receivables $46,800

               To Sales $46,800

(Being the merchandise sold on account is recorded)

Cost of goods sold $25,300

            To Inventory $25,300

(being the cost of merchandise is recorded)

On June 2

Cash $10,800

Bad debt expense $36,000

          To Accounts receivables $46,800

(being cash received is recorded)

On Oct. 23

Accounts receivables $36,000

          To Bad debt expense $36,000

(being written off is recorded)

Cash $36,000

      To Accounts receivables $36,000

(being cash received is recorded)

A change in an accounting estimate is:__________
a) Reflected in past financial statements.
b) Reflected in future financial statements and also requires modification of past statements.
c) Reflected in current and future years' financial statements, not in prior statements.
d) Not allowed under current accounting rules.
e) Considered an error in the financial statements.

Answers

B

Good luck with this

Kwik Pix is a large digital processing center that serves 130 outlets in grocery stores, service stations, camera and photo shops, and drug stores in 16 nearby towns. Kwik Pix operates 24 hours a day, 6 days a week. Classify each of the following activity costs of Kwik Pix as either unit-level, batch-level, product-level, or facility-level.

a. Color printing materials.
b. Photocopy paper.
c. Depreciation of machinery.
d. Setups for enlargements.
e. Supervisor's salary.
f. Ordering materials.
g. Pickup and delivery.
h. Commission to dealers.
i. Insurance on building.
j. Loading developing machines.

Answers

Answer:

a. Color printing materials.

Classify of activity costs: Batch or unit-level

b. Photocopy paper.

Classify of activity costs: Unit-level

c. Depreciation of machinery.

Classify of activity costs: Unit-level

d. Setups for enlargements.

Classify of activity costs: Batch or unit-level

e. Supervisor's salary.

Classify of activity costs: Facility-level

f. Ordering materials.

Classify of activity costs: Batch or product-level

g. Pickup and delivery.

Classify of activity costs: Batch or product-level

h. Commission to dealers.

Classify of activity costs: Unit-level

i. Insurance on building.

Classify of activity costs: Facility-level

j. Loading developing machines.

Classify of activity costs: Batch-level

Classification of activity costs of Kwik Pix as either unit-level, batch-level, product-level, or facility-level is:

Activity cost: Color printing materialsActivity costs level: Unit-level

Classification of activity cost

a.  Activity cost: Color printing materials.]

Activity costs level: Unit-level

b.  Activity cost: Photocopy paper.

Activity costs level: Unit-level

c.  Activity cost: Depreciation of machinery.

Activity costs level: Unit-level

d.  Activity cost: Setups for enlargements.

Activity costs level: Batch or unit-level

e.  Activity cost: Supervisor's salary.

Activity costs level: Facility-level

f.  Activity cost: Ordering materials.

Activity costs level: Batch or product-level

g.  Activity cost: Pickup and delivery.

Activity costs level: Batch or product-level

h.  Activity cost: Commission to dealers.

Activity costs level: Unit-level

Inconclusion classification of activity costs of Kwik Pix as either unit-level, batch-level, product-level, or facility-level is: Activity cost: Color printing materials; Activity costs level: Unit-level.

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Recurring upswings and downswings in an economy's real GDP over time are called Group of answer choices recessions. total product oscillations. business cycles. output yo-yos.

Answers

Answer:

Business cycles

Explanation:

Business cycle is the correct answer because when the economy grows then the GDP of the country also grows. While the decrease in economic activities leads to slow down the economy and then GDP of the country falls. Therefore, the complete circle of GDP boost and then contract is called the business cycle.

Kohl Co. provides warranties for many of its products. The January 1, 2013, balance of the Estimated Warranty Liability account was $54,088. Based on an analysis of warranty claims during the past several years, this year's warranty provision was established at 0.60% of sales. During 2013, the actual cost of servicing products under warranty was $39,922, and sales were $2,149,100. Required: a. What amount of Warranty Expense will appear on Kohl Co.'s income statement for the year ended December 31, 2013

Answers

Answer: $12,894.60

Explanation:

Warranty expense for 2013 will be calculated as:

= Actual warranty expense * Estimated warranty expense %

Actual warranty expense = Sales because these are the products under warranty.

Warranty expense is therefore:

= 2,149,100 * 0.60%

= $12,894.60

a 10 ounce bottle of soap costs $2.00. You can buy a 20 ounce bottle for $5.00. What is TRUE about your soap purchasing options?
a) it’s always better to purchase a product that offers more ounces.
b) both bottles cost the same price when you compare the price per ounce.
c) it is better to buy the 20-ounce bottle as the price per ounce is cheaper.
d) it is better to but the 10-ounce bottle because the price per ounce is cheaper.

Answers

Answer:

The TRUTH about the soap purchasing options is:

d) it is better to but the 10-ounce bottle because the price per ounce is cheaper.

Explanation:

a) Data and Calculations:

Cost of 10 ounce bottle of soap = $2.00

The per ounce cost of the 10-ounce bottle of soap = $0.20 ($2/10)

Cost of 20 ounce bottle of soap = $5.00

The per ounce cost of the 20-ounce bottle of soap = $0.25 ($5/20)

Therefore, the 10 ounce bottle of soap is cheaper and better.

b) It is more cost-effective to buy the 10 ounce bottle of soap.  With $4.00, one can buy 2 of 10 ounce bottle of soap unlike $5.00 spent for 20 ounce bottle.

Answer: It is better to buy the 10-ounce bottle because the price per ounce is cheaper.

Warehouse Sports, a large box store retailer of athletic shoes, orders 200,000 shoes per year from its manufacturer. If w-
and spends $10,000 in total annual ordering costs, what is the cost of ordering and delivery per order?
O $2,000
$50
W
O $500
O There is not enough information to answer this question.

Answers

Last one - there is not enough information to answer this question

During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as follows:

6 Purchased goods for $1,200 from Green with terms 2/10, n/30.
6 Purchased goods from Munoz for $900 with terms 2/10, n/30.
14 Paid Green in full.
Feb. 2 Paid Munoz in full.
28 Purchased goods for $350 from Reynolds with terms n/45.

Required:
Prepare journal entries to record the transactions, assuming Axe uses a perpetual inventory system.

Answers

Answer:

Axe Corporation

Journal Entries:

Feb. 6 Debit Inventory $1,200

Credit Accounts payable (Green) $1,200

To record the purchase of goods with terms 2/10, n/30.

Feb. 6 Debit Inventory $900

Credit Accounts payable (Munoz) $900

To record the purchase of goods with terms 2/10, n/30.

Feb. 14 Debit Accounts payable (Green) $1,200

Credit Cash $1,176

Credit Cash Discounts $24

To record the payment on account with discounts.

Feb. 20 Debit Accounts payable (Munoz) $900

Credit Cash $900

To record full settlement on account.

Feb. 28 Debit Inventory $350

Credit Accounts payable (Reynolds) $350

To record the purchase of goods with terms n/45.

Explanation:

a) Data and Analysis:

Feb. 6 Inventory $1,200 Accounts payable (Green) $1,200

with terms 2/10, n/30.

Feb. 6 Inventory $900 Accounts payable (Munoz) $900

with terms 2/10, n/30.

Feb. 14 Accounts payable (Green) $1,200 Cash $1,176 Cash Discounts $24

Feb. 20 Accounts payable (Munoz) $900 Cash $900

Feb. 28 Inventory $350 Accounts payable (Reynolds) $350

with terms n/45.

For each of the following, compute the future value:

Present Value Years Interest Rate Future Value $2,450 10 14 % $9,152 8 8 80,355 15 13 187,796 6 5

Answers

Answer:

938 4828 4838385848382 4>3>42[29495 56 6

Why was Circuit City so successful as to be fea- tured in Good to Great? What was its strategic position during its successful period? How did it contribute to competitive advantage?

Answers

Answer:

Circuit city was the second largest multinational U.S elctronic retailer. Founded in 1949 and it has 567 circuit superstores around the world. McCollough was the CEO who has an experience of 13 years. Because of his experienece in marketing and store management, he could serve the company as a genral manager.

McCollough implimented several strategies in order to gain the brand image for the company.

They have used five S's stratergies which includes selection, saving, service, satisfaction and speed

Explanation:

Several other reasons for calling circuit city successful as Good to Great are as follows,

The company has a point-of-point scale and also inventory-tracking technology to have control on secured cash transactions and consistent systems

The company is able to provide a quit response for timely chnaging trends and adapt to the dynamic environment in the market

They have avoided unneccessary business practices and neglected several unnessary competencies in the market

By appropriately preparing a forecast budget, a company can avoid __________. a net loss inventory shortages insolvency regulation

Answers

Answer:

insolvency

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.

The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

A specialized budget can be defined as a financial plan that is typically focused on specific assets or activity of a master (comprehensive) budget.

In conclusion, by appropriately preparing a forecast budget, a company can avoid insolvency.

The actual cash received from cash sales was $83,452, and the amount indicated by the cash register total was $83,480. Journalize the entry to record the cash receipts and cash sales.

Answers

Answer:

Dr Cash $83,452

Dr Cash short or Over $28

($83,480-$83,452)

Cr Sales $83,480

Explanation:

Based on the information given the appropriate journal the entry to record the cash receipts and cash sales is:

Dr Cash $83,452

Dr Cash short or Over $28

($83,480-$83,452)

Cr Sales $83,480

(To record the cash receipts and cash sales)

The Accounts Receivable account of Brownstone Company has the following​ postings: Accounts Receivable Calculate the ending balance of the account. A. debit B. credit C. debit D. debit

Answers

Answer:

D. $16,000 debit

Explanation:

As we know Account receivable is a current asset account that has a normal debit balance. A debit entry in this account would increase the balance of the account and a credit entry in this account would decrease the account balance.

In the given question, There are two entries in the debit side.

Hence, The debit balance should be

Debit side total = 20,000 + 2,000 = 22,000

There is a credit entry in the account that will decrease the account balance

Account ending balance = 22,000 - 6,000

Account ending balance = 16,000

As the balance of the debit side is greater than the credit side. The answer will be debit 16,000

The question is incomplete

The complete question is provided in the attachement and the answer is made accordingly.

Analysis of a foreign subsidiary's financial statements denominated in Euro, its local currency, shows a growth rate in revenue of 16%. Suppose that during the year, the value of the Euro increased in terms U.S. dollars. The subsidiary's revenue growth rate expressed in U.S. dollars will be:

Answers

Answer:

The appropriate answer is "Greater than 16%".

Explanation:

Throughout this situation, the country's currency of companies has shown a 16 percent raise, which means that the sales of the subsidiaries would increase more than 16 percent whenever represented among Us dollars.As several currencies are increasing inside this valuation of the national currency, the transformation rate is greater than 16% as that the incidence increases.

A certificate of deposit usually has: Multiple Choice a variable rate of return. no minimum deposit amount. no set time period. a penalty for early withdrawal of funds. earnings based on fluctuating market interest rates.

Answers

Answer:

A certificate of deposit usually has:

a penalty for early withdrawal of funds.

Explanation:

When a customer opens an account with a bank or credit union with an initial deposit, which remains the same or continues to increase at a fixed amount until the agreed maturity period, a certificate of deposit is issued to the customer.  The customer does not withdraw any amount until the fixed period has elapsed.   Thereafter, the customer receives a fixed interest plus the deposit.

At the beginning of the year, your company borrows $33,600 by signing a six-year promissory note that states an annual interest rate of 9% plus principal repayments of $5,600 each year. Interest is paid at the end of the second and fourth quarters, whereas principal payments are due at the end of each year. How does this new promissory note affect the current and non-current liability amounts reported on the classified balance sheet prepared at the end of the first quarter

Answers

Answer:

Current liabilities Increase by $6356

Non-current liabilities Increase by $27,244

Explanation:

Calculation to determine How does this new promissory note affect the current and non-current liability amounts reported on the classified balance sheet prepared at the end of the first quarter

First step is calculate the Interest Payable using this formula

Interest Payable = Principal × Interest rate × Time

Let plug in the formula

Interest Payable= $33600 × 0.09 × 3/12

Interest Payable= $756

Now let determine the current and non-current liability amounts

Current liabilities = Interest payable + Current portion of long-term debt

Current liabilities= $756 + $5600

Current liabilities= $6356

Non-current liability = Amount of promissory note - Current portion of long-term debt

Non-current liability= $33600 - $6356

Non-current liability= $27,244

Therefore How does this new promissory note affect the current and non-current liability amounts reported on the classified balance sheet prepared at the end of the first quarter is:

Current liabilities Increase by $6356

Non-current liabilities Increase by $27,244

Which one of the following will not cause a change in the demand for labour, illustrated by a shift of the demand curve?
A. An increase in the number of employers
B. Anncrease in the wage rate
C. A decrease in the price of the product
D. An increase in the productivity of labour​

Answers

Answer:

B. Anncrease in the wage rate

One thing that will not lead to a change in the demand for labor is B. Annual increase in the wage rate.

What affects the demand for labor?

When there are more employers, more labor will be demanded as when there is an increase in labor productivity.

When there is a decrease in the price of a product however, the demand for labor drops. Annual increases in the wage rate are already accounted for and so do not affect labor demand.

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The cost of direct materials transferred into the Filling Department of Eve Cosmetics Company is $91,050. The conversion cost for the period in the Filling Department is $497,860. The total equivalent units for direct materials and conversion are 60,700 ounces and 68,200 ounces, respectively. Determine the direct materials and conversion costs per equivalent unit. If required, round to the nearest cent. Direct materials cost per equivalent unit: $fill in the blank 1 per ounce Conversion costs per equivalent unit: $fill in the blank 2 per ounce

Answers

Answer:

Cost of Direct material per unit  = $1.50 per unitCost of Conversion = $7.30 per unit

Explanation:

Cost of Direct material per unit is:

= Total cost of direct material / Total equivalent units for direct materials

= 91,050 / 60,700

= $1.50 per unit

Cost of conversion

= Total cost of Conversion / Total equivalent units for Conversion

= 497,860 / 68,200

= $7.30 per unit

Swift Motor Lines has a delivery truck that cost $11,000, and has $1,000 of accumulated depreciation. What is the fair market value of the truck

Answers

Answer: Information is not sufficient to answer.

Explanation:

The fair market value of a fixed asset is the current value in the market of the fixed asset. Given that we do not know the current market value as it is not given in the question, we are unable to answer this question.

If the question had asked to calculate the net book value then we would have simply subtracted the accumulated depreciation from the cost price but this is a fair market value question so its different.

United Clinical Laboratories is a medical laboratory located in Minnesota. United Clinical Laboratories uses the weighted-average method in its process costing system. For the month of August, the following data are available for one department: Percent Completed Units Materials Conversion Work in process, August 1 45,000 90 % 55 % Work in process, August 31 26,000 75 % 49 % The department started 390,000 units into production during the month and transferred 409,000 completed units to the next department. Required: Compute the equivalent units of production for August.

Answers

Answer:

United Clinical Laboratories

                                                              Materials            Conversion

Equivalent units of production             428,500                 421,740

Explanation:

a) Data and Calculations:

Percent Completed                Units      Materials     Conversion

Work in process, August 1   45,000          90 %            55 %

Work in process, August 31 26,000          75 %            49 %

Equivalent Units of Production for the month of August:

                                                 Units        Materials            Conversion

Work in process, August 1     45,000

Units started in August       390,000

Total units available            435,000

Units transferred out          409,000    409,000 (100%)   409,000 (100%)

Work in process, August 31 26,000        19,500 (75%)        12,740 (49%)

Equivalent units of production             428,500                 421,740

The equivalent units of production for August for material and conversion is 428,500 and 421,740.

Calculation of equivalent unit of production:

Percent Completed                Units      Materials     Conversion

Work in process, August 1   45,000          90 %            55 %

Work in process, August 31 26,000          75 %            49 %

Now

Equivalent Units of Production for the month of August:

                                                Units        Materials            Conversion

Work in process, August 1     45,000

Units started in August       390,000

Total units available            435,000

Units transferred out          409,000    409,000 (100%)   409,000 (100%)

Work in process, August 31 26,000        19,500 (75%)        12,740 (49%)

Equivalent units of production             428,500                 421,740

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Sheridan Company can produce 100 units of a component part with the following costs: Direct Materials $22000 Direct Labor 6500 Variable Overhead 20000 Fixed Overhead 11000 If Sheridan Company can purchase the component part externally for $55000 and only $4000 of the fixed costs can be avoided, what is the correct make-or-buy decision

Answers

Answer:

If the company makes the component, it will save $2,500.

Explanation:

To determine which option is better, we need to calculate the total cost of each option and choose the cheapest one. We will take into account the avoidable fixed overhead cost, thus the rest is inconsequential to the decision-making process.

Make in-house:

Direct material= $22,000

Direct labor= $6,500

Variable overhead= $20,000

Avoidable fixed overhead= $4,000

Total cost= $52,500

Buy:

Total cost= $55,000

If the company makes the component, it will save $2,500.

Fallgater, Inc. expects to sell 15,000 units. Each unit requires 3 pound of direct material at $12 per pound and direct labor hours at $10 per direct labor hour. The manufacturing overhead rate is $8 per direct labor hour. The beginning inventories are as follows: direct material, 2,000 pound; finish goods 2,500 units. The planned ending unventories are as follows: direct materials, 5,000 pounds finished goods,3000 units. given a planned production of 10,000 units what are the planned direct materials purchases? A. $324,000 B.$288,000 C.$360,000, D $396,000

Answers

Answer:

Purchase cost= $396,000

Explanation:

Giving the following information:

Each unit requires 3 pounds of direct material at $12 per pound

Beginning inventory= 2,000 pounds

Desired ending invnetory= 5,000 pounds

Production= 10,000 units

To calculate the direct material purchases, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 10,000*3 + 5,000 - 2,000

Purchases= 33,000 pounds

Purchase cost= 33,000*12= $396,000

Karen usually does not spend much time selecting gifts. However, when choosing a fountain pen for her husband's birthday this year, she visited several stores and spent a lot of time asking the sales staff about different features of the pen before making her purchase. This scenario illustrates _______. a. shopping involvement.b. enduring involvement.c. product involvement.d. situational involvement.

Answers

Answer:

Option d: situational involvement

Explanation:

Types of Involvement

Product Involvement; message involvement, situational involvement

Product involvement

In this stage of involvement, consumer's level of interest in product is largely based on perceived risk and application to daily life. This is simply known as a product category that is of high personal relevance.

Message involvement

This is simply the effects the media has on consumers such as high involvement is equal to high cognitive effort required (newspaper) while low-involvement equal to low cognitive.

Situational Involvement

This is simply defined as the circumstances surrounding the purchase area that may temporarily change a low-involvement decision into a high-involvement one. High-involvement is therefore when the consumer perceives risk in a specific situation. This usually takes place at location where purchasing.

You decide to buy 1,800 shares of stock at a price of $68 and an initial margin of 75 percent. What is the maximum percentage decline in the stock price before you will receive a margin call if the maintenance margin is 30 percent

Answers

Answer:

Decline percentage = 64.29%

Explanation:

First find the margin call price = Initial price x  (1 - initial margin) / (1-maintenance margin)

Margin call price = 68 x ( 1- 75%) / (1 - 30%)

Margin call price = $24.29

The margin call that the investor will have if the price fall to $24.29.

Now find the percentage decline:

Percentage decline = (68 - 24.29) / 68

Percentage decline = 0.6429

Thus decline percentage = 64.29%

Portal Manufacturing has total fixed costs of $520,000. A unit of product sells for $15 and variable costs per unit are $11. a) At a minimum, how many units must Portal sell in order not to incur a loss?b) Prepare a contribution margin income statement showing predicted net income (loss) if Portal sells 100,000 units for the year ended December 31.

Answers

Because when you simplify give you the right now

At a bare minimum, the units must portal sold in order not to incur a loss of 130,000 units.

Contribution margin per unit = Selling price per unit - Variable costs per unit

= $15 - $11

= $4

Break-even sales = Fixed costs / Contribution margin per unit

= $520,000 / $4

= $130,000

Sales (130,000 units * $15)                           $1,950,000

Variable costs (130,000 units * $11)            ($1,430,000)

Contribution margin                                     $520,000

Fixed costs                                                    ($520,000)

Net income                                                     $0

What is the Contribution margin per unit?

The asking price of 1 unit of the product less the variable producing expenses is that the contribution margin per unit. the quantity that every sale contributes toward covering mounted prices is understood because of the unit contribution margin. it'll show the profit per unit oversubscribed when the mounted prices are paid.

Revenue less variable prices equal contribution margin. The formula for conniving the contribution margin magnitude relation is revenue - variable prices / by revenue.

The nearer the contribution margin is to 100 percent, the better; 100 percent is that the ideal contribution margin. The larger the quantity, the lot effectively a business pays its operational expenses out of money existing.

Selling price per unit less variable price per unit equals contribution margin, usually called dollar contribution per unit. the quantity of sales revenue stated as "Contribution" is the fraction that's not accustomed pay variable prices and thus helps to hide mounted prices.

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At the beginning of the recent period, there were 960 units of product in a department, 35% completed. These units were finished and an additional 5,200 units were started and completed during the period. 880 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:

Answers

Answer:

Using the weighted average method, the equivalent units produced by the department were:

= 5,500 units.

Explanation:

a) Data and Calculations:

                                         Units    Conversion

Beginning inventory          960         35%

Additional units started 5,200

Units available                6,160

Ending inventory              880

Units completed           5,280

Equivalent units of production:

Units completed          5,280         5,280 (100%)

Ending inventory            880            220 (25%)

Equivalent units of production      5,500

Other Questions
How can we write an algebraic expression to describe a two-digit number whose unit's digit is 5 less than the ten's digit? London bought snacks for her team's practice. She bought a bag of apples for $2.25and a 18-pack of juice bottles. The total cost before tax was $9.63. Write and solve anequation which can be used to determine j, how much each bottle of juice costs? Help anyone can help me do the question,I will mark brainlest. Please help I suck at math what is the difference between logo, crest, badges and insignia For there is always light, if only were brave enough to see it. If only were brave enough to be it. President William McKinley asked Congress to declare war on Spain mainly because a the business community favored the conflict. b the Spanish government had directly insulted the United States. c it became clear that there was no other way to obtain Cuban independence. d the Teller Amendment guaranteed that the United States would not establish colonial control of Cuba. e the American public and many leading Republicans demanded it. c 100 lt nc 370C. Ngi ta pha nc ang si vi nc 150C. Tnh th tch nc mi loi cn dng.Bit khi lng ring ca nc l 1000kg/m3 at old oak farm, there are chicken and horses. there are 120 legs and 48 heads altogether. how many horses and how many chickens are there? Cho t din ABCD . Trn cnh AB ly im M , AC ly N , trong tam gic BCD ly im P tm giao ima, MP v (ACD) b, AD v ( MNP) c , BD v ( MNP) 69X/7536X =degreesEnter You are studying nuclear lamins and use recombinant DNA technology to alter the coding sequence of a nuclear lamin gene. The alteration you make creates a situation such that the gene now codes for a nuclear lamin protein that can no longer be phosphorylated when the nuclear envelope is broken down during mitosis. What do you predict would happen if the cell only had the altered nuclear lamin gene (and not the unaltered version) How many protons does Tin have?A. 50B. 68C. 118 10. As electrons move through the electron-transport chain,they lose energy, which is used to formA. NAD.B. ADPC. ATP.D. GBP Please help! I have no idea what to put What is the equation of the line that passes through (-3,-1) and has a slope of 2/5? Put your answer in slope-intercept form A: y= 2/5x -1/5B: y= 2/5x +1/5C: y= -2/5x -1/5 Simplify4(w + 2) - 7 Read the discussion questions in Before You Read, Part B. Is there anything you cannot answer?What reading skills can you use to help you fi nd the answers? PLEASE HELP ME!! RIGHT ANSWER ONLY PLEASE!!Magellan and his crew were the first explorers to sail completely around the world. This means they were the first to _________________ the earth. A. voyage B. circumnavigate C. astrolabe D. alliance Help Wanted Ads Established company seeking full-time residential house cleaner. We will train. Must be honest and dependable. Call (123) 456-7890. Suburban medical facility seeking surgeon. Board Certified required. $1,000 signing bonus for every year of experience, up to $15,000. Send resume to 123 Medical Drive, Suburbia, GA. Temporary lifeguard needed to fill summer holiday shifts at outdoor swimming pool Must have CPR and Lifeguard certification. Apply in person to Bridgefront, 123 Bridgefront, Anytown, GA. Aircraft manufacturer seeking engineers with advanced degree in physics and no less than 15 years experience. Many positions available. Send resume to 123 Aircraft Blvd., Anytown, GA. According to the help wanted ad for a surgeon, how many years of experience will provide the LARGEST signing bonus? A) 0-4 years B) 5-9 years C) 10-14 years D) 15+ years