The simple strategy using a put and a call to produce a profit if the share price remains above the exercise price of £60 is to buy the call option at £10 and simultaneously sell (write) the put option at £6, which has a maximum profit potential of £4.
(i) If the share price stays above the £60 exercise price, the following straightforward technique employing a put and a call will result in a profit: Purchase the £10 call option while concurrently writing the £6 put option.
(ii) The most money that can be made with this method is £4, which is equal to the premiums earned from writing the put option (£6) less the price paid to buy the call option (£10).
(iii) The profit or loss from this plan will depend on the precise share price in three months if Deep Sleep's share price is between £20 to £90. There won't be any gain or loss if the share price is £60 since the options will expire worthless because the share price will be precisely equal to the exercise price.
The call option will be in-the-money and the put option out-of-the-money if the share price is higher than £60. The intrinsic value of the call option will be equal to the share price less the exercise price.
This strategy's profit will be equal to the intrinsic value of the call minus the premium paid for the option, minus the premium received on the put option.
Put options are in the money and call options are out of the money if the share price is less than £60. The intrinsic value of the put option will be equal to the exercise price less the share price.
The profit from this strategy will be equal to the premium received from the put option minus the cost of the call option (premium paid) and the intrinsic value of the put option.
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Give all start up costs for opening a salon that has 8 workers and that does everything hair and wax related. Include the quantities for each item and the pricing
Start-up expenses are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business
What is meant by Start-up costs?Start-up expenses are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business. Start-up costs should always be expensed as they are incurred, even though this determination can be somewhat subjective. Typically, start-up costs encompass any expenditure made before a business starts to turn a profit. Startup activities are essentially expensed as they are incurred in the accounting process. Although the guidelines are straightforward, the main concern is not assuming that other charges that are comparable to start-up costs should be treated the same manner.Rent/Lease for the salon space: $2,000 - $10,000
Build-out costs: $5,000 - $15,000
Equipment and supplies:
8 stations, chairs, and mirrors: $5,000 - $10,000
8 styling stations (styling chairs, styling stations, styling tools): $8,000 - $15,000
8 hair dryers: $4,000 - $6,000
8 hair washing stations: $8,000 - $12,000
8 hair cutting stations: $8,000 - $12,000
8 waxing stations: $8,000 - $12,000
Hair color, waxing, and other supplies: $5,000 - $10,000
Marketing and advertising costs: $2,000 - $5,000
Legal and accounting fees: $1,500 - $3,000
Insurance (liability, property, and worker's compensation) $2,000 - $5,000
Employee salaries: $8,000 - $12,000
Miscellaneous costs (utilities, phone, internet, etc): $5,000 - $10,000
Please take note that these figures are only approximations and that prices can change depending on location and other variables.
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I need a good answer to this by Friday. Research various sources or Web sites that can help an entrepreneur with writing a business plan.
Now create a "Top 10" list of these sources in a table. The first one has been done for you.
Discuss what your first choice of sources to use as an entrepreneur would be and explain why.
The Web sites that can help an entrepreneur in writing a good business plan are:
The Economist.Forbes.com/entrepreneur.Under 30 CEO, etc.What is a business plan?A business plan is known to be a kind of written document that tells onw what they need to know about how a business can be run and also startup.
Concussively, Note that a business plan is regarded as the roadmap for any company in terms of marketing, financial standpoints, etc. The Economist will help the entrepreneur to know more about starting a business and what the market looks like.
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will give 41 points
C. now that company Z has a list of options for improvements, how can they use step three and four of the decision making process to solve some of their problems
D. The final step of the decision making process is very important what does this step offer for company z once they have made decisions and implemented them?
Steps 3 and 4 of the decision-making process allow the company Z to evaluate the best possible alternative based on the company's available resources. Also, step 6 allows you to evaluate that decision and learn from it.
What is the decision making process?The decision-making process is a set of actions that a company can take to improve some of its activities. Generally, the decision-making process is made up of the following 6 steps:
Identify the problem.Review the objective.Identify available resources.Identify possible alternatives.Make the most convenient decision.Execute, evaluate and learn.According to the above, steps 3 and 4, allow the company to identify the resources available to solve a problem and identify the alternatives to solve that problem with the available resources.
Additionally, step 6 allows you to implement the decision that they made and constantly improve by reviewing the results of that decision.
Note: This question is incomplete because there is some information missing. However, I can answer it based on my prior knowledge.
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Answer:
The first one is right... I got it right because of the first answer... thank you!
Explanation:
unearned revenue is classified as a(n): question 4 options: asset account. revenue account. contra revenue account. liability.
Unearned revenue is classified as a liability account. The correct option is d. liability.
What is unearned revenue?
Unearned revenue is defined as revenue that has been obtained but not yet received. It refers to money obtained from a client for a product or service that has not yet been delivered. The organization must keep the money as a liability until the goods are supplied or the service is completed.
When the service or goods are delivered, the liability is transformed into revenue. Unearned revenue is classified as a liability account because it represents a company's obligation to produce goods or services for its customers in the future. The amount of unearned revenue on the company's balance sheet is the amount of money the company owes to its clients.
When the company produces and delivers the goods or services, it can turn the unearned revenue into earned revenue and debit the unearned revenue account, and credit the revenue account as per the rules of accounting.
Therefore, the correct option is d. liability.
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The Engel Curve for a good is derived by which of the following? Tracing the optimal allocation as the good's price changes Tracing the optimal allocation as income changes Tracing the optimal allocation as either income or price changes Any of the above None of the above
The Engel Curve for a good is derived by tracing the optimal allocation as income changes.
The Engel Curve shows the relationship between the quantity of a good consumed and the level of income. It illustrates how the demand for a particular good varies with changes in income while holding other factors constant, such as prices.
By tracing the optimal allocation of the good as income changes, economists can observe how individuals adjust their consumption patterns in response to changes in their income levels. As income increases, individuals may choose to allocate more of their budget towards certain goods, resulting in an upward shift in the Engel Curve. Conversely, as income decreases, individuals may allocate less of their budget towards certain goods, leading to a downward shift in the Engel Curve.
The Engel Curve provides insights into the income elasticity of demand for a good and helps economists understand how changes in income affect consumer behavior and consumption patterns. By examining the relationship between income and the quantity consumed, economists can gain valuable insights into consumer preferences and the income sensitivity of different goods
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40 POINTS
Why do you think more companies focus on acquiring new customers than on retaining existing ones? What recommendations would you make to a company that wants to do a better job of satisfying its customers?
Answer:
Companies always want to new customers.
Explanation:
However, keeping the old ones would keep their reputation better and show that there service is excellent. They would keep existing ones to bring in new ones
Classical economists believe that: a.changes in the money supply affect real GDP. b.the money supply affects velocity. c.velocity is not constant. d. g
Classical economists believe that changes in the money supply can have an impact on real GDP. They also believe that the money supply can affect the velocity of money, which is not necessarily a constant.
Classical economists believe in the Quantity Theory of Money, which states that changes in the money supply have a proportional effect on the price level. In turn, changes in the price level affect real GDP through the mechanism of inflation. Therefore, Classical economists believe that changes in the money supply can impact real GDP.b. The money supply affects velocity: Velocity refers to the speed at which money circulates in an economy.
Classical economists believe that changes in the money supply can impact velocity, as people may change their spending patterns in response to changes in the money supply. For example, an increase in the money supply may lead to an increase in spending, which would increase velocity.
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HURRYY
Borrowing money to pursue an advanced degree makes sense if
a. You can earn a scholarship to pay for your educational costs
b. Your future earnings potential outweighs the debt you may accrue
C. You already have the financing to pay out of pocket
d. Your employer is willing to pay for your tuition
Answer:
b. Your future earnings potential outweighs the debt you may accrue
Explanation:
Consider taking the loan to finance the advanced degree as an investment project. The project can is beneficial to the owner if the projected future income outweighs the cost of investments. A project makes sense if it generates profits.
Borrowing money to pay for the advanced degree will make sense if potential future earnings exceed the debts incurred.
Answer:
b
Explanation:
I need to submit this today, can you help me?
What are Washington D.C.’s people eating habits?
What are some economic facts about Washington DC?
What are some facts about Washington DC?
Culture and customs of Washington DC?
Travel information (Dubai to Washington DC)?
Answer:
I'm sure they eat well. have u try looking it up on goggle first
Jacob distributed a survey to his fellow students asking them how many hours they spent on the internet in the past day. he also asked them to write their mood on a scale from 0 to 10. with 10 being the happiest. the line was fit to the data to the model the relationship
Jacob's survey aimed to investigate the relationship between the time spent on the internet and the mood of the participants. To do this, he asked his fellow students to report the number of hours they spent online in the past day and rate their mood on a scale of 0 to 10, where 10 is the happiest.
Jacob then fit a line to the data to model the relationship between these two variables. The resulting model can be used to predict the mood of a student based on the amount of time they spend on the internet.
It is possible that Jacob's survey may have some limitations, such as self-report bias or sampling bias, which could affect the accuracy of his results. Nonetheless, the model he has created may still provide some insights into the link between internet use and mood. For instance, the model could be used to explore whether there is a threshold amount of internet use beyond which mood begins to decline. Additionally, it could be interesting to investigate whether certain online activities, such as social media use, have a stronger or weaker effect on mood than others.
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Consider the following information: Portfolio Expected Return Standard Deviation Risk-free 10% 0% Market 18 24 A 20 22 Required: a. Calculate the Sharpe ratios for the market portfolio and portfolio A. (Round your answers to 2 decimal places.) b. If the simple CAPM is valid, is the above situation possible
a. The Sharpe ratio for the market portfolio is 0.75, while the Sharpe ratio for portfolio A is 0.82. b. If the simple CAPM is valid, the above situation is not possible as the Sharpe ratio of portfolio A exceeds that of the market portfolio.
a. The Sharpe ratio is a measure of risk-adjusted return, indicating how much excess return an investment generates per unit of risk. It is calculated by subtracting the risk-free rate from the portfolio's expected return and dividing the result by the portfolio's standard deviation.
For the market portfolio: Sharpe ratio = (18% - 10%) / 24% = 0.75 (rounded to 2 decimal places).
For portfolio A: Sharpe ratio = (20% - 10%) / 22% = 0.82 (rounded to 2 decimal places).
b. According to the Capital Asset Pricing Model (CAPM), the expected return of a portfolio is determined by its beta, a measure of systematic risk. The CAPM suggests that higher expected returns are associated with higher levels of systematic risk.
In this case, if the simple CAPM is valid, it would imply that the market portfolio has a higher level of systematic risk compared to portfolio A.
However, the calculated Sharpe ratio shows that portfolio A has a higher risk-adjusted return, indicating that it generates more excess return per unit of risk. This contradicts the CAPM, suggesting that the above situation is not possible if the simple CAPM holds true.
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A vast global network that is made up of many smaller interconnected networks is known as
Answer:
The internet
Explanation:
Have you ever searched for an item on the internet only to have advertisements for similar products pop up on your homepage or social medial accounts for days or weeks? How do you feel when this happens? Do you find it frustrating or helpful? Explain and discuss.
Yes, it is common that when searching for an item on the internet, related ads appear on your social media for days or weeks, which is a digital marketing resource.
What is digital marketing?It corresponds to the set of techniques and strategies that companies implement so that their business has a presence in the online environment. There are several tools that are used in this medium, such as paid traffic, ads on social networks and commercial emails.
So, when an ad happens to appear repeatedly for you, it corresponds to an online traffic tool that helps the company attract customers based on previous searches, which can be useful when you are really interested in purchasing a similar product.
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Yes, it is typical for similar adverts to show up on the social media for days or weeks after conducting an internet search for a product. This is a tool used in digital marketing.
What is internet search?A request submitted to a search engine that produces both sponsored and organic results is known as an internet search, also known as a search query. Paid results are those that are marked as such and show at the top and bottom of the page. The results that show between the advertisements but are unmarked are considered organic results.
People must use your web browser to access a search engine, type one or more keywords, and then press the Enter key on your keyboard to start a search.
Thus, Yes, it is typical for similar adverts to show up on the social media.
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Choose the term that best fits the situation being described. What conflict management norms encourage competition? A. Active conflict management norms B. Disagreeable conflict management norms C. Agreeable conflict management norms
Active conflict management norms conflict management norms encourage competition. The answer is OPTION A
In the competitive style, one dominant individual tries to advance their interests at the expense of all other parties. In a power-driven state, the opposing party pushes their viewpoint and typically makes a choice quickly and without much deliberation.
Conflicts involving competing styles tend to be more forceful and less cooperative. When you utilize the competitive conflict style at work, you are adamant about getting your point of view heard, really believe it to be true, and are unwilling to compromise. Competition is a conflict where no physical violence is used for the control of resources or advantages wanted by others. As a result, controlled competition is a form of amicable conflict. The answer is OPTION A
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is sueing someone for 50,000 dollars for no reason an example of integrity because recently a neighbor in my neighborhood was being rude and then continued to say that people who are not like him do not have integrity... (before get further in just know this guy smokes weed and get drunk like every day and also know one of my other neighbors works for selling houses in my neighborhood) he then sues one of my neighbors who sells houses for no reason and for 50,000 dollars. So...is this integrity lol also let me know if I should tell more crazy stories in my life on brainly lol.
Answer:
ohExplanation:
.............................
If a purchaser using a perpetual inventory system pays the transportation costs for goods purchased, then the Freight-out account is increased. Inventory account is increased. Delivery Expense account is increased. Inventory account is not affected.
The perpetual inventory system is a method of inventory tracking that keeps a record of the inventory balance in real-time.
When a purchaser pays the transportation costs for goods purchased, the Freight-out account is increased. This account is used to track the costs of shipping inventory items to customers. The Inventory account is also increased since the purchase of goods is recorded as an increase to inventory. The Delivery Expense account is increased since the cost of transportation is recorded as an expense. However, the Inventory account is not affected since the purchase of goods is recorded as an increase to inventory, not an expense.
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A business ________ is a logically related set of activities that defines how specific business tasks are performed.
A business process is a logically related set of activities that defines how specific business tasks are performed.
A business process is an activity or we can say that set of activities which accomplish a specific organizational goal. Business processes should have some purposeful goals which are to be specific and produce consistent outcomes.
Business process management or BPM is a systematic approach which is used in improving those processes, which helps the organizations to achieve their business goals.
If any organization is unable to perform certain business processes internally because of the cost or resource constraints, the company can use business process outsourcing.
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The set of skills and knowledge needed to make informed decisions about
money matters is called financial literacy.
A. True
B. False
For which classification of consumer goods would consumers expend the most effort as they attempt to make just the right choice?
The consumer goods for which the consumer expand the most effort according to convenience ,their shopping preferences which can be either services or the non durable ,durable goods to make correct choice.
Consumer goods are also known as final or the end product. Producer goods are the one used in production processes and are not sold directly to consumers. Whereas, convenience or consumer goods are classified as durable and non durable goods that are consumed on a daily basis available for immediate purchase .
It is, very simply said, the public-facing promotion of your items. Marketing emphasizes focusing on the individual customer, as opposed to organizations that sell your goods on your behalf.
Therefore, the consumer goods for which the consumer expand the most effort according to convenience ,their shopping preferences which can be either services or the non durable ,durable goods to make correct choice.
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By making small purchases and paying the ______________ amount each month, a potential borrower shows a lender how they use credit wisely.
entire
minimum payment
late fee
interest
Answer:
entire
Explanation:
Lenders will always check a borrower's credit history before advancing credit to them. The lenders' main interest is to assess the risk involved in extending credit to a customer. A borrower with a history of late payments and defaulting on loans is considered high- risk and unsuitable for credit facilities.
Lenders prefer clients who are quick in debt repayments. They consider them a low-risk customer and highly unlikely to default on loans. Such customers will always have a low debt-to-income ratio.
frank is an hr manager who negotiates salary and union contracts, and manages conflict. he also works with highly confidential information,such as salaries. frank needs which skill to do these things?
For Frank to be successful in carrying out his responsibilities, he needs to have good interpersonal and communication skills.
Frank is an HR Manager who negotiates salary and union contracts and manages conflicts. He also works with highly confidential information such as salaries. To do these things, Frank needs the following skill: A high level of Confidentiality Working as an HR Manager, Frank has access to sensitive employee data, including salaries. Therefore, he needs to have a high level of confidentiality skills to keep the information secure and private. He must be trustworthy and avoid disclosing any information about employees to a third party without permission. Frank should have a clear understanding of how to maintain confidentiality in any HR-related matters to ensure data privacy. Having a high level of confidentiality is an essential skill for Frank to do his job effectively.
In conclusion, HR managers must be trustworthy and avoid disclosing confidential information about employees. They need to have a high level of confidentiality to maintain data privacy and security.
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Bretton wood system established a system of payments based on the dollar, which defined all currencies in relation to the dollar, itself convertible into gold, and:__________
This meant that if the US dollar was pegged to gold at $35 per ounce, then other currencies would be pegged to the dollar at a specific exchange rate.
The Bretton Woods system established a system of payments based on the dollar, which defined all currencies in relation to the dollar, itself convertible into gold, and required countries to maintain their exchange rates within a 1% band of their pegged rate.
For example, if the British pound was pegged to the dollar at $2.40, then the Bank of England would be required to buy or sell pounds in order to maintain the exchange rate within the 1% band.
The Bretton Woods system was designed to promote international trade and investment by providing stability to the international monetary system. However, the system began to break down in the 1960s as the US balance of payments deficit grew. In 1971, President Richard Nixon announced that the US dollar would no longer be convertible.
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What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application
Answer:
A
Explanation:
because they are good
Esperanza is starting a business by herself as an
illustrator for magazines and children's books. She
isn't concerned with personal liability, but she wants
the business to be easy to set up.
Answer:
sole proprietorship
Explanation:
The sole proprietorship is the type of business owned and run by a single individual. The owner is a sole trader. In a sole proprietorship, the owner sources capital by themselves, keeps all the profits, and suffers the losses alone.
A sole proprietorship is the easiest form of business to set up. The only requires to obtain a registration certificate and a trading license from the local authorities. Esperanza should open a sole proprietorship business. Unlimited liability is the biggest shortcoming for a sole proprietorship, but that does not seem to bother Esperanza.
one of the goals of business intelligence is to _________.
One of the goals that can be attributed to business intelligence as regards this question is that they present the results in an easy to understand manner.
Business intelligence can be regarded as the procedural as well as technical infrastructure which helps in collection , storing as well as analyzing of data that is been produced by a company's activities. It entails data mining as well as process analysis and performance benchmarking.Therefore , business intelligence give out the results of their analysis in understandable way
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can you write checks or pay bills directly from an online savings account?
Customers are not permitted to cash checks against their savings accounts in accordance with federal regulations.
What is saving account ?You will typically make your request to open a traditional saving account online, in-branch, or over the phone, although the procedures for doing so vary from financial institution to financial institution. After that, you'll deposit a sufficient amount to meet the minimum, if any, requirement. To reach your savings goal, set up a regular, recurring deposit from your paycheck or checking account, whichever you prefer. Make any necessary adjustments and keep an eye on your spending to see if this amount is within reach. Despite the fact that they typically only pay a low interest rate, these accounts are a great way to store money for immediate needs due to their safety and dependability.
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If an insurance policy covers individual losses up to $2000 and has a deductible of $200, the insured will be paid how much in the event of a covered loss of $2500
A. $2,300
B. $2,000
C. $1,800
D. $2,500
The amount that the insured will be paid in the event of a covered loss of $2500 is: C $1,800.
Insurance policyUsing this formula
Amount=Amount covered -Deductible
Let plug in the formula
Amount=$2,000-$200
Amount=$1,800
Therefore the correct option is C.
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Janice is beginning an international shipping company and is seeking global investors. She will be sending information ahead and then traveling to various countries for face-to-face meetings with top investors. She is considering her options and comparing different types of business plans.
Which is best for her to create?
1.lean startup business plan
2.profit and loss statement
3.traditional business plan
4.vision statement
Considering the available options, the best business plan Janice should create in this situation is a "traditional business plan."
Why Traditional Business Plan?The Traditional Business Plan is a document that enables business firms a company to receive financial support such as investment, loans, etc., and to make future forecasts and effectively market to consumers or customers.
Therefore, since Janice will meet top investors, she should prepare a traditional business plan that will reveal the in and out of business, including the market analysis and the financial plan.
Hence, in this case, it is concluded that the correct answer is option C. "Traditional Business Plan."
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when analyzing comparative market data to recommend a listing price to a seller . which of the following is not a factor a salesperson would consider ?
1 - current market conditions
2 - Sellers cost of selling
3 - Dates of comparable sales
4 - motivation of the sales
When analyzing comparative market data to recommend a listing price to a seller, the factor that a salesperson would not consider is seller's cost of selling. The correct option is 2.
What is a listing price?A listing price is the amount that a seller sets for their house or property when they put it on the market. It is usually determined by conducting a comparative market analysis (CMA) of other similar homes in the local area that have sold recently. This analysis helps sellers arrive at a reasonable price based on the current market conditions and the sales history of similar properties.
Comparative market data is the information that an agent collects and uses to compare different properties in the area. It includes information on the date of comparable sales, current market conditions, and the motivation of the sales. Based on these factors, the agent can make a recommendation to the seller regarding an appropriate listing price. The only factor among the following that a salesperson would not consider is the seller's cost of selling.
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Requirement 1. Compute the Fermenting Departments equivalent units of production for direct materials and for conversion costs. Complete the partial production cost report below for the Fermenting Department, showing the equivalent units of production for direct materials and for conversion costs. Paulson Winery Production Cost Report- Fermenting Department (Partial) Month Ended March 31 Equivalent Units Conversion Physical Direct Costs Units Materials UNITS Units to account for 700 Beginning work-in-process 9.200 Started in production 9,900 Total units to account for Units accounted for 4,800 4.800 4,800 Completed and transferred out 4,080 5,100 5,100 Ending work-in-process 8,880 9,900 9.900 Total units accounted for Requirement 2. Compute the total costs of the units (gallons) (a) completed and transferred out to the Packaging Department, and (b) in the Fermenting Department ending Work-in- Complete the Production Cost Report that you began in Requirement 1 by caloulating the costs per equivalent unit in this step, and then by calculating the the total cost of units compll and all other amounts to the nearest dollar. Abbreviation used: EUP equivalent units of production.) Paulson Winery Production Cost Report Fermenting Department (Partial) Month Ended March 31 Conversion Total Direct Costs Materials Costs COSTS Costs to account for 330 S 2,528 2.198 $ Beginning work-in-process 4.110 14,782 10,672 Costs added during the period 17.310 4440 $ 12.870 $ Total costs to account for 8.880 9.900 Divided by: Total EUP S 1.30 $ 0.50 Cost per equivalent unit Costs accounted for 2,400' $ 8,640 6.240 $ Completed and transferred out 8.670 2,040 6.630 Ending work-in-process 17.310 4.440 $ 12.870 $ Total costs accounted for Gallons 700 gallons Beginning Work-in-Process Inventory 9,200 gallons Started in production 4,800 gallons Completed and transferred out to Packaging in March 5,100 gallons Ending Work-in-Process Inventory (80% of the way through the fermenting process) Costs Beginning Work-in-Process Inventory: $ 2,198 Direct materials 160 Direct labor 170 Manufacturing overhead allocated Costs added during March: 10,672 Direct materials 1,010 Direct labor 3,100 Manufacturing overhead allocated $ 14,782 Total costs added during March
Requirement 1 In computing the fermenting department's equivalent units of production for direct materials and conversion costs, we use the formula of equivalent units of production (EUP) = actual number of units produced x percentage of completion.
For Direct Materials Equivalent units of production = 9,200 + 9,900 - 8,880EUP = 10,220 equivalent units For Conversion Costs Equivalent units of production = 9,200 + 9,900 - 5,100 - (80% * 8,880)EUP = 5,840 equivalent units Paulson Winery Production Cost Report Fermenting Department (Partial) Month Ended March 31 Conversion Total Direct Costs Materials Costs COSTS Costs to account for $ 330 $ 2,528 $ 2,198 Beginning work-in-process 4,110 14,782 10,672.Costs added during the period 17,310 4,440 12,870.
Total costs to account for 8,880 9,900 Divided by: Total EUP $ 1.30 $ 0.50 Cost per equivalent unit Costs accounted for $ 2,400 $ 8,640 $ 6,240 Completed and transferred out 8,670 2,040 6,630 Ending work-in-process 17,310 4,440 12,870 Divided by: Total EUP $ 1.30 $ 0.50 Cost per equivalent unit Costs accounted for $ 2,400 $ 8,640 $ 6,240 Completed and transferred out 8,670 2,040 6,630 Ending work-in-process 17,310 4,440 12,870 Total costs accounted for $ 24,273 $ 14,080 $ 10,193.
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