Assume the following information:Milling DepartmentBeginning work in process inventoryUnits started into production during MarchUnits completed during the period and transferred to thenext departmentEnding work in process inventoryMilling DepartmentUnits200Percent CompleteMaterialsConversion40%30%6,2005,800600100%70%100%60%Cost of beginning work in process inventoryCosts added during the periodTotal costMaterials$ 10,000288,000$ 298,000Using the weighted-average method, the cost per equivalent unit for materials is closest to:Conversion$ 15,000385,000$ 400,000Multiple ChoiceО$47.91.О$45.91.о$51.31.

I've calculated the cost per equivalent unit for materials and can tell you the closest answer among…

Answered: Assume the following information:…

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter2: Systems Of Linear Equations

Section2.4: Applications

Problem 28EQ

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Given the following: LIFO method 250 units left in inventory Total Beginning inventory: 200 units at $6 each $1,200 Purchases April 10 400 units at $7 each $2,800 May 15 250 units at $7 each $1,750 July 9 200 units at $8 each $1,600 October 8 100 units at $11 each $1,100 The cost of ending inventory is: A. None of these B. $1,200 C. $2,300 D. $3,200 E. $1,550
c. Consider the following proposed plan: Quarter Demand (hours) Workforce Hires Layoffs Overtime (hours) 1 4,200 9 1 2 6,400 11 2 1,120 3 3,000 9 2 4 4,800 9 480 5 4,400 9 80 6 6,240 11 2 960 7 3,600 9 2 8 4,800 9 480 Total 76 5 4 3,120 Total cost for this plan would be $? (Enter your res
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Marcia Baker is the new manager of the materials storeroom for Keller Manufacturing. Marcia has been asked to estimate future monthly purchase costs for part #696, used in two of Keller's products. Marciahas purchase cost and quantity data for the past 9 months as follows: Month Cost of Purchase Quantity Purchased January $12,410. 2,730 parts February. 12,880 2,880 March 17,505 4,148 April 15,869 3,761 May 13,170 2,912 June 13,867 3,332 July 15,237 3,644 August 10,061 2,287 September 14,960 3,582 Estimated monthly purchases for this part based on expected demand of the two products for the rest of the year are as follows: Month Purchase Quantity Expected October…
U.S. Manufactured General Aviation Shipments, 2009–2015 Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Total 2009 310 408 390 477 1,585 2010 243 377 281 433 1,334 2011 268 289 286 480 1,323 2012 305 358 339 514 1,516 2013 329 413 353 520 1,615 2014 345 380 379 527 1,631 2015 296 374 378 544 1,592 Use MegaStat or Minitab to calculate estimated seasonal indexes and trend. Q1. Q2. Q3. Q4 In which quarters are shipments highest? Lowest?
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Dave Fletcher, the general manager of North Carolina Engineering Corporation (NCEC), thinks that his firm’s engineer-ing services contracted to highway construction firms are directly related to the volume of highway construction business contractedwith companies in his geographic area. He wonders if this is reallyso, and if it is, can this information help him plan his operationsbetter by forecasting the quantity of his engineering servicesrequired by construction firms in each quarter of the year? Thefollowing table presents the sales of his services and total amountsof contracts for highway construction over the past eight quarters: a) Using this data, develop a regression equation for predictingthe level of demand of NCEC’s services. b) Determine the coefficient of correlation and the standard errorof the estimate.

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