Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,800 client-visits, but its actual level of activity was 3,790 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue - $ 36.40 Personnel expenses $ 30,500 $ 11.40 Medical supplies 1,700 6.80 Occupancy expenses 8,600 2.90 Administrative expenses 6,900 0.20 Total expenses $ 47,700 $ 21.30 Actual results for November: Revenue $ 138,146 Personnel expenses $ 73,672 Medical supplies $ 28,292 Occupancy expenses $ 19,101 Administrative expenses $ 7,427 The activity variance for personnel expenses in November would be closest to:

Answers

Answer 1

Answer:

$114 Favorable

Explanation:

For computation of activity variance for personnel expenses first we will find out the planning budget and flexible budget which is shown below:-

Planning Budget = Fixed element of personnel expenses + (Budgeted Client visit × Variable element per client visit of personnel expenses)

= $30,500 + (3,800 × $11.40)

= $30,500 + $43,320

= $73,820

Flexible Budget = Fixed element of personnel expenses + (Actual Client visit × Variable element per client visit of personnel expenses)

= $30,500 + (3,790 × $11.40)

= $30,500 + $43,206

= $73,706

Activity variance = Planning Budget - Flexible Budget

= $73,820 - $73,706

= $114 Favorable


Related Questions

An invoice is never subject to both trade and cash discounts. true false

Answers

False. Since, an invoice is a subject to both cash and trade discounts.

How does an invoice is a subject to both trade and cash discounts?

An invoice, or tab is a commercial document issued by a Seller to a Buyer in connection with a sale transaction, specifying the products, quantities and agreed prices for the products or services provided by the Seller to the Buyer. Payment terms are normally stated on the invoice.

Transaction rebates are not explicitly reflected in the company's books of accounts and all transactions are entered in the sales ledger as a net amount. In contrast, cash discounts on the finance book are shown separately as an expense on the income statement. Not all invoices receive a cash discount. If no cash discount is offered, the invoice issuer will only require full payment. "n/30", for example, indicates that no cash discount applies and the credit period ends 30 days after it started.

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Airline passengers arrive randomly and independently at the passenger-screening facility at a major international airport. The mean arrival rate is passengers per minute.

a. Compute the probability of no arrivals in a one-minute period (to 6 decimals).


b. Compute the probability that three or fewer passengers arrive in a one-minute period (to 4 decimals).


c. Compute the probability of no arrivals in a -second period (to 4 decimals).


d. Compute the probability of at least one arrival in a -second period (to 4 decimals).

Answers

At a big international airport's passenger-screening facility, airline passengers arrive at random and on their own. The following passengers per minute represent the average arrival rate:

a. The probability of no arrivals in a minute is 0.000045 (to six decimals).

b. The probability that three or fewer passengers arrive in a one-minute period (to 4 decimals) is 0.010336.

c. The probability of no arrivals in a -second period (to 4 decimals) is 0.082085.

d. The probability of at least one arrival in a -second period (to 4 decimals) is 0.917915.

Step-by-step explanation

A. Determine the probability of no arrivals in a minute.

P(x=0) = 0.000045

B. Determine the probability that no more than three passengers will come in a minute.

p(x = 3)=0.007567

p(x=2)=0.002270

p(x-1)= 0.000454

p(x < 3) = 0.000045 +0.007567 +0.00227+0.000454010336

C. Determine the chance of no arrivals during a 15-second window.

p(x = 0) = 0.082085

D. Calculate the probability that at least one arrival will occur within a 15-second window.

p(x = 1)=1.0-0.082085= 0.91791561

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For each of the following items, indicate by using the appropriate code letter, how the item should be reported in the statement of cash flows, using the direct method.
Potential Matches:
1 : Declaration and payment of a cash dividend.
2 : Decrease in accounts receivable during a period.
3 : Conversion of bonds payable into common stock.
4 : Purchase of land for cash.
5 : Decrease in merchandise inventory during a period.
6 : Decrease in accounts payable during a period.
7 : Issuance of preferred stock for cash.
8 : Sale of equipment for cash at book value.
: Added in determining cash receipts from customers
: Added in determining cash payments to suppliers
: Deducted in determining cash payments to suppliers
: Cash outflow-investing activity
: Cash inflow-investing activity
: Cash outflow-financing activity
: Cash inflow-financing activity
: Significant non-cash investing and financing activity

Answers

Answer and Explanation:

The matching is as follows;

1. The cash dividend should belong from financing activity as a cash outflow

2. If there is an decrease in the account receivable so it would be added for calculating the cash receipts from customers

3. The bond payable would be converted into common stock so this is a non-cash investing and financing activity

4. The land should be purchased for cash so it belong from investing activity as a cash outflow

5. There is a reduction in the merchandise inventory so it would be subtracted for calculating the cash payment made to suppliers

6. There is a reduction in the account payable  so it would be added for calculating the cash payment made to suppliers

7. The preferred stock is issued for cash belong from financing activity as a cash inflow

8. The equipment is sold at the book value belong from investing activity as a cash inflow

Explain project teams

Answers

Answer:

A project team is a team whose members usually[quantify] belong to different groups, have different functions and are assigned by the project manager to activities for the same project. A team can be divided[by whom?] into sub-teams according to need. Usually project teams are only used[by whom?] for a defined period of time. They are disbanded[by whom?] after the project is deemed[by whom?] complete. Due to the nature of the specific formation and disbandment, project teams are usually in organizations.

Explanation:

mark me as brainliest

What would happen to ALL THREE areas of business spending if:__________.

Answers

Answer:

bankrupt

Explanation:

Read the articles, the interview, and listen to the podcast then answer the following questions-

1. What is the main takeaway for you in each of them?

2. How can you incorporate what you learned in each of them into your final social media marketing plan?

"How to Create a Social Media Content Strategy"

"How to Integrate Your Digital Marketing and Social Media Plan for Online Success"

"The Journey of a Social Media Marketer: Q&A with SMT Influencer Rachel Strella"

Answers

Main takeaway: Creating a great social media content strategy is imperative for marketing and engaging your audience.

2a. I'll focus on a content strategy that meets our goals and audience needs.

2b. We'll regularly analyze content metrics to keep our strategy effective and flexible.

2c. I'll align our digital marketing with social media for a consistent brand experience. By merging plans, we can enhance our online presence and boost success.

2d. I'll apply the influencer's experiences to our marketing plan. I'll explore social media marketing challenges and strategies to adapt for success.

What is the Social Media

Integrating Digital Marketing and Social Media for Online Success: Learn how aligning strategies can enhance brand experience and boost results.

Define your goals for content creation to increase brand awareness, website traffic, lead generation, or customer engagement. Identify target audience: demographics, interests, preferences. Use this info to personalize your content. Choose social media platforms that fit your audience and goals.

Analyze competitors' social media presence for successful tactics, content types, and engagement strategies. Get industry insights on what works well.

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Suppose a firm manager has a base salary of $175,000 and earns 0.5 percent of all profits. Determine the manager's income if revenues are $10,000,000 and profits are $5,000,000. A) $150,000 B) $200,000 C) $225,000 D) $300,000

Answers

The manager's income is $200,000.

The option (B) is correct.

The expression "income" for the most part alludes to how much cash, property, and different exchanges of significant worth got over a set timeframe in return for administrations or items. There is no single, standard definition: pay is characterized by the setting in which the idea is utilized.

Income includes monetary as well as non-financial upsides of recompenses and perquisites. All pay is available under personal expense except if explicitly excluded.

Given;

Fixed salary = $175,000

Earns 0.5% of all profits

Profit = $5,000,000

Manager income = Fixed salary + 0.005 * Profit

Manager's income = $175,000 + 0.005 * $5,000,000

=> Manager's income = $175,000 + $25000

=> Manager' income = $200,000

Thus, the manager's income is $200,000.

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The quantity of money demanded is the Group of answer choices income and volume of profits that people and businesses would like to receive. average daily volume of bank account withdrawals. amount that people and businesses choose to hold. fraction of cash holdings in an average investment portfolio.

Answers

Answer:

The amount that people and businesses choose to hold.

Explanation:

The amount that people and businesses choose to hold.

The total demand for money is the total amount of money that people wants to hold and there are three main reasons for which money is being held. First is transactions related reason, second is the precautionary reason, and third is the speculative reason. The above three reasons push the people to hold the money that becomes the total demand for money.

Which of these statements is true about the drug utilization management (UM) rules?

Answers

Answer: Prior authorization quantity limit and step therapy are some examples of the coverage rules

Explanation:

The statement 'prior authorization, quantity limit, and step therapy are some examples of the coverage rules" is true. Drug utilization management (DUR) is a set of methods used to ensure the appropriate use of medications.

These methods can include prior authorization, quantity limits, and step therapy.

Prior authorization is a process where a health plan requires the prescriber to obtain approval from the plan before a medication can be dispensed. This is typically used for high-cost or high-risk medications.

Quantity limits are restrictions on the amount of medication that a patient can receive in a given period of time. This is typically used to prevent patients from stockpiling medications or using them for purposes other than what they are intended for.

Step therapy is a process where a patient must try one or more less expensive or less invasive treatments before they can be prescribed a more expensive or more invasive treatment. This is typically used to ensure that patients are only using the most appropriate treatment for their condition.

The UN does not have specific rules on DUR, but many countries have their own regulations. These regulations are designed to ensure that patients have access to safe and effective medications, while also preventing the misuse of medications.

Therefore, the given statement is true.

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Your question is incomplete, most probably the complete question is :

The statement is about the drug utilization management UN rules. true or false?

prior authorization quantity limit and step therapy are some examples of the coverage rules

what is computer studies​

Answers

Answer:

Explanation: Computer studies is about understanding how computers work, how to use them to solve problems, and how to develop and manage computer systems. It is a broad and diverse field that is essential in today's digital age, as computers are used in almost every aspect of modern life, from communication and entertainment to business and science.

On the morning of July 15, 2006, fourteen school buses were vandalized. The buses, property of Walt Whitman Middle School, were parked in the "bus barn" on campus. The vandals spray-painted the buses with pictures of dogs. Dogs happen to be the mascot of rival school Edgar Allan Poe Academy. This has led some to believe that some students from EAPA may be the culprits in the incident. Says the mother of one Walt Whitman student, "Oh, yeah, the [Edgar Allan] Poe [Academy] kids are definitely responsible. Those kids don't have any discipline, and they're still stewing over the loss of last week's football game." Police, however, say that they currently have no suspects.

The article above is an example of a human interest story.

True
False

Answers

True
Hope this helps u out I had the same question!!

The laws passed by Congress and by state legislatures are called:

Answers

Answer:

Rules

Explanation:

I think I'm right

Answer:

Rules

Explanation:

Yes I think this is right

define futures contract.​

Answers

Answer: an agreement traded on an organized exchange to buy or sell assets, especially commodities or shares, at a fixed price but to be delivered and paid for later.

Explanation:

A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange

Charlie Company uses a perpetual inventory system. During May, the following transactions and events occurred.

May 13 - Sold 8 motors at a cost of $45 each to Scruffy Brothers Supply Company, terms 4/10, n/30. The motors cost Charlie $26 each.

May 16 - One defective motor was returned to Charlie.

May 23 - Received payment in full from Scruffy Brothers.

Journalize the May transactions for Charlie Company (seller) assuming that Charlie uses a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to 0 decimal places, e.g. 5,275.)

Answers

The May transactions for Charlie Company (seller) assuming that Charlie uses a perpetual inventory system are:

Charlie Company Journal entries

May 13

Debit Account receivable $360

(8×$45)

Credit Sales $360

(To record credit sales)

May 13

Debit Cost of goods sold $208

(8×$26)

Credit Merchandise inventory $208

(To record cost of goods sold)

May 16

Debit Sales return and allowances $45

Credit Account receivable $45

(To record goods returned)

May 16

Debit Merchandise inventory $26

Credit Cost of goods sold $26

(To record cost of goods sold returned)

May 23

Debit Cash $302

($315-$13)

Debit Sales discount $13

(4%×$315)

Credit Account receivable $315

($360-$45)

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The MC = P rule applies
Select one
A. Only when the firm is a price taker or perfectly competitive firm
B. To firms in all type of industries
C. Only to monopolies
D. Only to monopolistic competition

Answers

the answer is d you’re welcome

What is the first thing people should do when creating a budget?
A. Record everything that they spend and what they spend it on
B. Cut spending in every category of expenditures drastically
OC. Put every extra dollar towards paying off their debts
D. Hire an accountant or financial planner to take care of it

it’s A

Answers

When creating a budget people should Record everything that they spend and what they spend it on. The appropriate response is option A.

What is a budget ?

A budget is an estimate of income and expenditures for a given future period of time, and it is often created and updated on a regular basis. A individual, a group of people, a corporation, a government, or pretty much anything else that makes and spends money can all have budgets.

Budgeting is essential if you want to control your monthly spending, be ready for life's unforeseen events, not  falling into debt. Monitoring your income and expenses is a crucial component of budgeting.

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What is the purpose of the loans made by the World Bank?
promote sustainable development
stabilize the currency exchange market
generate revenue for the united nations
get countries to accept free trade policies

Answers

Answer: promote sustainable development

Explanation:

The purpose of the loans made by the World Bank is to promote sustainable development.

The World Bank is owned by many nations 187 countries and its main role is to help on the reduction of poverty, improve the people's standard of living and also bring about economic growth and development.

When group investors become aware of overseas investment opportunities and are willing to diversify their portfolios internationally, __________.

Answers

Answer:

they benefit from an expanded opportunity set.

Explanation:

As most of the business organizations focused on grabbing the investment opportunities which leads to diversify their business in terms of expanding the business in various locations, maximize the market share etc

This can be done with the help of opportunity set i.e. to expanded through which the firm could get the benefit of it

Hence, this would be the answer

Briefly discuss Sherif’s (1966) classic study of boys at summer camp in terms of findings and implications for understanding competition.

Answers

Sherif’s (1966) classic Robbers Cave study of boys at summer camp finds the relationship between the two groups of boys immediately deteriorated when the event began.

In the 1940s and 1950s, social psychologist Muzafer Sherif and his associates conducted a number of investigations, including the Robbers Cave experiment. Sherif investigated the interactions between male groups at summer camps and a competitor group with the hypothesis that "when two groups have competing purposes... their members would become antagonistic to one other even when the groups are constituted of normal well-adjusted individuals at a summer camp " The Robbers Cave study found the incident swiftly escalated once the parties started throwing jabs. The Sherif discovered that the summer camps' surveys, in which they were asked to score their own team and the opposing team on good and bad attributes, contained questions about group animosity.

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Uri would like to change the font color in a group of cells. In which part of the Excel window should he look for font color
controls?
the Quick Access toolbar
the ribbon
the worksheet
the formula bar

Uri would like to change the font color in a group of cells. In which part of the Excel window should

Answers

Answer:

B the Ribbon

Explanation:

The Ribbon is where you can change the font color

Click on the BACKPACK tab and make choices for the SHAPE, STRAPS, MATERIAL, FEATURES and COLOR. Notice as you make your choices, the STATS and PRODUCTION COST will change. Do not forget who your target customer is and what they VALUE. You can always click on the SEGMENTS tab for reference if you need to. When you are done with your choices, click FINISH to move onto the next phase.

Answers

Answer:

Backpack Design: Shape: Large rectangular $15

Straps: Wide Padded $8

Material: Advanced $10 Features: Water Bottle $2 and extra waterproof protector for $10 extra, gps

Color: Blue

According to the given condition of the four shapes has the highest production cost is Teardrop Rucksack. The correct option is (A).

What do you mean by production cost?

All of the direct and secondary expenses companies incur when producing a good or rendering service are referred to as production costs.

Various costs, including personnel, raw materials, consumable industrial supplies, and general fees, can be included in production costs.

The total cost of raw ingredients and personnel as well as the total cost of manufacturing overhead can be added together to get the total cost of the output.

It is the design that is most complex in nature. It has to go through different process steps, having parts of different sizes. So, it has the highest production cost.

Therefore, according to the given condition of the four shapes has the highest production cost is Teardrop Rucksack.

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This is an incomplete question the complete question is:

Okay, it's time to build a backpack that the OUTDOOR ENTHUSIAST market segment will love. The key design decisions you'll need to make include choosing the backpack's SHAPE, STRAPS, MATERIAL, FEATURES, and COLOR. First, let's focus on SHAPE. In the backpack builder panel, click through each of the four shape options.

Before you confirm the backpack shape selection, let's make sure you're reading the backpack shape information properly. Which of the four shapes has the highest PRODUCTION COST?

Teardrop RucksackRounded TopSquareLarge Rectangular

indicate how resources will be allocated in a market economy​

Answers

Answer:

In a free market economy, resources are allocated through the interaction of free and self-directed market forces. This means that what to produce is determined consumers, how to produce is determined by producers, and who gets the products depends upon the purchasing power of consumers

Kingston Plc is considering the purchase of a new machine. It has identified two possible machines with
initial costs and expected cash savings per year as follows:
Machine A

Cof
-100,000

C₁ £
32,000
C₂ £
40,000
C3 €
40,000
C₁ £
30,000
Machine B
C0
-100,000
C1
95,000
C2
18,000
C3
16,000
Machine A has a useful life of 4 years while machine B has a useful life of 3 years. Neither of these
machines has any residual value at the end of their lives. The two machines are mutually exclusive. The
opportunity cost of capital for Kingston Plc is 9% per year. If Kingston Plc is going to replace the chosen
machine each time when it reaches the end of its useful life, which machine would you recommend the
management to invest?
(a) The equivalent annual values of machine A, B are £6,330 and £4747, respectively. A should be
bought.
(b) The equivalent annual values of machine A, B are £5,000 and £6797, respectively. B should be
bought.
(c) The equivalent annual costs of machine A, B are £4,676 and £5,778, respectively. B should be
bought.
(d) The equivalent annual costs of machine A, B are £4,678 and £4,557, respectively. A should be
bought.

Answers

A collection of cash flows that take place at various times is referred to as the net present value or net present worth.

What is NPV?

Machine A's EAV is equal to (-100000+95000/1.1+15000/1.12+16000/1.13+10000/1.14)*10%/(1-1/1.14)=5555.91.

Machine A's NPV at 10% is -100000+45000/1.1+35000/1.12+60000/1.13=14913.60. Because the IRR will be closer to 20% than the NPV at 10%, the approximate IRR should be 18.11 percent.

The time between now and the cash flow determines the cash flow's present value. The discount rate is another factor. The money's time value is taken into account by NPV. The value of all positive and negative future cash flows over an investment's lifetime, discounted to the present, is known as the net present value (NPV).

When determining the value of a company, investment security, capital project, new venture, cost reduction program, or anything else involving cash flow, NPV analysis—a type of intrinsic valuation—is widely used in finance and accounting.

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The approximate IRR should be 18.11 percent. The term "net present value (NPV)" or "net present worth" refers to a group of cash transfers that happen over time.

What is NPV?

Machine A's EAV is equal to

(-100000+95000/1.1+15000/1.12+16000/1.13+10000/1.14)*10%/(1-

1/1.14)=5555.91.

Machine A's NPV at 10% is

-100000+45000/1.1+35000/1.12+60000/1.13=14913.60. Because the IRR

will be closer to 20% than the NPV at 10%,

the approximate IRR should be 18.11 percent.

The cash flow's present worth is determined by the amount of time until it occurs. Another element is the discount rate. NPV considers the time worth of the money. The net present value of an investment is the sum of all future financial flows, both positive and negative, discounted to the present. (NPV).

The value of a company, investment security, capital project, new endeavor, cost-cutting program, or anything else involving cash flow is frequently determined using NPV analysis, a type of intrinsic valuation.

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¿Por que muchas culturas tuvieron la necesidad de construir muebles? explique ​

Answers

Answer:

Los muebles tenían muchos adornos de flores y árboles. Las piezas solían ser asimétricas y tenían líneas curvas. La mayoría de los fabricantes usaban caoba y nogal, con un acabado pulido. La mayoría de las piezas eran muy caras porque se producían a mano

Explanation:

que lo que pienso espero sea de ayuda

The information of manufacturing cost of product A and products B in
THANH company in 200N as follows:
Production cost per unit (S)

Product A
Materials 200
Wages 100
Fixed overhead 350
Variable overhead 150
Profit 200
Selling price 1000
Output per week 200

Product B
Materials 150
Wages 200
Fixed overhead 100
Variable overhead 200
Profit 350
Selling price 1000
Output per week 100

Required:
Comments on the relative profitability of product A and products B in THANH company in 200N

Answers

Manufacturing cost  of both product A and product B have a profit margin of $0 per unit.

To assess the relative profitability of product A and product B in the THANH company in 200N, we need to compare their profit margins. Profit margin is calculated by subtracting the production cost per unit from the selling price per unit.

Let's calculate the profit margins for both products:

Product A:

Selling price per unit: $1000

Production cost per unit: $200 (Materials) + $100 (Wages) + $350 (Fixed overhead) + $150 (Variable overhead) + $200 (Profit) = $1000

Profit margin per unit = Selling price per unit - Production cost per unit = $1000 - $1000 = $0

Product B:

Selling price per unit: $1000

Production cost per unit: $150 (Materials) + $200 (Wages) + $100 (Fixed overhead) + $200 (Variable overhead) + $350 (Profit) = $1000

Profit margin per unit = Selling price per unit - Production cost per unit = $1000 - $1000 = $0

From the calculations, both product A and product B have a profit margin of $0 per unit.

Based solely on the profit margins, it appears that neither product A nor product B is profitable for the THANH company in 200N. However, it's important to note that this analysis only considers the production cost per unit and does not take into account other factors such as demand, market conditions, or overall company profitability.

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During a recent week, Maya Schneiderman worked 42 regular hours. She earns $9.25/hour, is paid an overtime rate of 1.5 times her regular wage rate, and has requested that 3% of her gross pay be withheld and contributed to a 401(k) retirement plan. Maya's taxable pay for federal income tax withholding is

Answers

Answer:

$385.82

Explanation:

Maya's total earnings = (40 x $9.25) + (2 x $9.25 x 1.5) = $397.75

Contributions to her 401k retirement plan reduce her taxable income (they are above the line deductions. She will contribute $397.75 x 3% = $11.93.

Her taxable income for federal income tax withholding = $397.75 - $11.93 = $385.82.

The actual amount withheld will depend on Maya's W-4 form (includes information about filing status, dependents, other income, etc.)

1. (15 points) A sales budget is given below for one of the products manufactured by the Key
Co.:
January
February
March
April
May
June
21,000 units
36,000 units
61,000 units
41,000 units
31,000 nits
25,000 units
The inventory of finished goods at the end of each month should equal 20% of the next month's
sales. However, on December 31 the finished goods inventory totaled only 4,000 units. Each unit
of product requires three specialized electrical switches. Since the production of these specialized
switches by Key's suppliers is sometimes irregular, the company has a policy of maintaining an
ending inventory at the end of each month equal to 30% of the next month's production needs.
This requirement had been met on January 1 of the current year.
Required:
a. Prepare a budget showing the required production each month for January, February, March,
and April
b. Prepare a budget showing the quantity of switches to be purchased each month for January,
February, and March.

Answers

Answer:

bkfsjbsF zc,bvjkhw 4ageyfubhjva kejdsl

Explanation:

Consider a fast food café of your choice. Apply 4 V’s of Operation. Describe each V as ‘High’, ‘Low’ or ‘Moderate’ with one liner reason.\

Answers

Answer:

The classification of the particular question is outlined in the following segment including its clarification.

Explanation:

For both the data analysis, the "Jack throughout the Box" Fast foodservice Business throughout Florida, the US should be regarded. The 4Vs including its cafe's business seem to be about the volume, variety, differences, as well as accessibility including its brand operational activities. The 4V high meaning is large, small to medium-sized in terminology.

Volume: The amount including its corporation that has made the drinks sector profitable in designed to offer the sector people good of profits. In such a product, the need for another quantity is strong regarding the market pricing and therefore profits.Variety: Again for F and B platforms the range of foods the company has seems to be of significant importance. Taking into consideration the need for other sales on either the road carrier as well as selecting the enterprise must have ample choices in their beverages.Variation: Variations throughout the numerous perspectives including its deal in the reduced variety establishments need modifications that fit the Florida information of the product. For a company like Jack throughout the Box, this varying want is medium through business objectives.Visibility: The visibility of something like the company for something like the coffee shop on the roadside that is created to give the company's productivity. The prominence including its company is important for its somewhat cafe, which then in terms of improvement is taken into consideration to have been medium.

The debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows:
April 1, work in process:
Materials cost, 3,000 units $7,500
Conversion costs, 3,000 units,
80% completed 6,000
Materials added during April, 10,000 units 29,000
Conversion costs during April 35,000
Goods finished during April, 11,500 units ---
April 30 work in process, 1,500 units,
60% completed ---All direct materials are placed in process at the beginning of the process and theaverage cost methodis used to cost inventories.The materials cost per equivalent unit (to the nearest cent) for April is:
a. $2.60
b. $3.02
c. $2.26
d. $2.81

Answers

Answer:

d. $2.81

Explanation:

Beginning WIP                                 3,000 units

Add: Material added during April  10,000 units

Total Material                                   13,000 units

Less: Ending WIP                             1,500 units

Goods Finished during April         11,500 units

Goods finished during April           11,500 units

Add: Ending WIP                             1,500 units

(1,500 x 100%)

Equivalent units                              13,000 units

Material Cost

Beginning WIP                               $7,500

Add: Cost added during April       $29,000

Total material costs A                  $36,500

Total equivalent units B                13,000 units

Direct Material cost   (A/B)          $2.81          

per Equivalent Unit

define central bank.​

Answers

Answer:

An institution that manages the currency and monetary policy of a state of formal monetary union and over sees a banking system. The Federal Reserves are in control of these banks

Explanation:

Good luck

A central bank is a financial institution given privileged control over the production and distribution of money and credit for a nation or a group of nations. In modern economies, the central bank is usually responsible for the formulation of monetary policy and the regulation of member banks.
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