bismite corporation purchases trees from cheney lumber and processes them up to the split-off point where two products (paper and pencil casings) emerge from the process. the products are then sold to an independent company that markets and distributes them to retail outlets. the following information was collected for the month of october: trees processed: 320 trees production: paper 180,000 sheets pencil casings 180,000 sales: paper 169,000 at $0.10 per page pencil casings 177,500 at $0.13 per casing the cost of purchasing 320 trees and processing them up to the split-off point to yield 180,000 sheets of paper and 180,000 pencil casings is $13,000. bismite's accounting department reported no beginning inventory. what are the paper's and the pencil's approximate weighted cost proportions using the sales value at split-off method, respectively?

Answers

Answer 1

Using the sales value at split-off technique, the approximate weighted cost proportions for paper and pencil casings are 42.23% and 57.77%, respectively.

How to Solve for Weighted Cost Proportions?  

To calculate the approximate weighted cost proportions using the sales value at split-off method, we need to determine the sales value at split-off for each product.

The sales value at split-off is the estimated selling price of each product at the split-off point, which is when they emerge from the production process.

First, let's calculate the sales value at split-off for paper:

Sales value at split-off for paper = Sales of paper * Selling price per page

= 169,000 * $0.10

= $16,900

Next, let's calculate the sales value at split-off for pencil casings:

Sales value at split-off for pencil casings = Sales of pencil casings * Selling price per casing

= 177,500 * $0.13

= $23,075

Now, we can calculate the weighted cost proportions using the sales value at split-off method:

Weighted cost proportion for paper = (Sales value at split-off for paper) / (Total sales value at split-off)

= $16,900 / ($16,900 + $23,075)

≈ 0.4223 (approximately 42.23%)

Weighted cost proportion for pencil casings = (Sales value at split-off for pencil casings) / (Total sales value at split-off)

= $23,075 / ($16,900 + $23,075)

≈ 0.5777 (approximately 57.77%)

Therefore, the approximate weighted cost proportions for paper and pencil casings using the sales value at split-off method are approximately 42.23% and 57.77%, respectively.

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During the process of evaporation in the water cycle, water releases thermal energy.

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What were the bank failures during the Great Depression?

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The Great Depression saw a wave of bank failures across the United States. At the beginning of 1929, approximately 25,000 banks were in operation in the United States, but by 1933 that number had been reduced to just over 14,000.

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Clara's savings account has an apr of 10. 95%, calculates interest daily, and pays interest at the end of the month. If during the month of september, her balance was $700 for the first 10 days of the month, $1900 for the next 10 days of the month, and $1400 for the last 10 days of the month, how much total interest did clara earn in september?.

Answers

The correct option is C. $12.00

Annual Principal Rate = 10.95%

                                   = 0.1095

Time duration = 10 days

time duration in year = 10/365 = 0.027

First, find an interest rate of $700

Interest = 700 × 0.1095 × 0.027

            = $2.10

Now finding an interest rate for $1900

Interest = 1900 × 0.1095 × 0.027

            = $5.70

Then finding the interest rate for $1400

Interest = 1400 × 0.1095 × 0.027

            = $4.20

Total Interest paid = 2.10 + 5.70 + 4.20

                              = $12.00

Hence, The correct option is C. $12.00

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A currency's exchange rate is the cost at which two different currencies can be converted between two different countries or economic regions. It is used to calculate the value of different currencies in relation to one another and is crucial in figuring out how trade and capital flows operate.

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Answer: e

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A representative republic is a form of government that is ruled based on a constitution or charter.

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Hence, a checking account is a type of deposit account.

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Names, Social Security numbers, credit card numbers, and other account information that can be used to personally identify customers and workers are kept in most businesses' files.

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Hotels frequently refer to their executive floors as a "hotel within a hotel." You get special treatment from the employees on these levels, a dedicated desk for checking in and out, and solitude from the throng of guests on the hotel's standard floors.

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It's a lounge inside the hotel reserved for top-tier members or guests staying in Executive or better rooms. Free snacks and beverages are offered in the lounge, and alcohol is occasionally made available (normally for a few hours in the evening).

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Option (b), With compound interest, the computed value increases as the frequency of compounding increases.

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__________CAFTA, NAFTA, OECD, and OPEC are all examples of


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b. peace treaties.


c. international economic communities.


d. World Trade Organization members.


e. democratic organizations.

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Huey P. Newton was jailed for six months for misappropriating public funds.

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Customer history is the example of transaction personal information. It is because customer history contain privacy information.

Personal information also known as  'Information or an opinion about an identified individual, or also known as an individual who is reasonably identifiable generally can be defined as the opinion or information is true or not; and. whether the information or opinion is recorded in a material form or not. The example of personal information are an individual's name, signature, address, phone number or date of birth, sensitive information, employee record information, and also customer information.

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These basics for maintaining life are being depleted from their natural sources due to increased use and unsustainable production. Resource shortage will continue to harm the environment severely and, in some cases, permanently.

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One of the fundamental ideas in economics is scarcity. It indicates that there is a gap between the supply and demand for an item or service. As a result, scarcity may restrict the options available to consumers, who in the end drive the economy.

When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease. As a result of rising costs that make the resource less accessible to those who are least well-off, this might result in unsustainable growth and an increase in inequality.

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a company is running several workloads in a single aws account. a new company policy states that engineers can provision

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In new company policy, engineers can provision only approved resources & use AWS CloudFormation. Solution architect will update IAM policy & IAM role to only allow access to their own AWS CloudFormation stack.

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Regardless of the technique you employ to carry out the process, IAM policies define permissions for an action. For instance, if a policy permits the GetUser action, a user with that policy can access the AWS Management Console, the AWS CLI, or the AWS API to obtain user data.

To create a solution, the solutions architect will provide resources in AWS CloudFormation stacks and update the IAM policy for the engineers' IAM role to only allow access to their own AWS CloudFormation stack.

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Judiciousness is essential of all successful pioneers; a pioneer must continuously judiciously clarify the reality of a circumstance.

A pioneer is depicted as being well educated and exceling at communication, discernment, and reasoning.

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1st Rule: Intentional and Open Membership Co-operatives are deliberate associations, open to all people able to utilize their administrations and willing to acknowledge the duties of enrollment, without sex, social, racial, political or devout segregation.

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In 1844 the Rockdale Pioneers established the advanced agreeable development in Lancashire, Britain, to supply an reasonable elective to poor-quality and debased nourishment and arrangements, utilizing any excess to advantage the community.

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Which of the following strategies would require a business to outlay the most amount of capital for building space: Purchasing a building
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Answers

There are no cost-of-living arrangements. There's small chance of any kind of lease control.

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The net working pay is the net working pay, short working costs. Net working wage is valuable in evaluating the potential pay from an speculation property. In any case, it does not account for a few potential costs, such as pay charges or contract amortization.

Why are there no passages for the buy cost of unused apparatus on an salary statement?

Assuming that the buy of gear may be a long-term or noncurrent resource that will be utilized in a trade, the buy will not be detailed on the benefit and misfortune explanation (salary articulation, articulation of profit).

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What is limited resources in economics?

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Limited resources in economics refers to the finite amount of resources (natural, human, and financial) that are available to produce goods and services.

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11
Select the correct answer from each drop-down menu.
Joseph is a practicing public accountant of the State of Virginia. Which certification has he acquired to legally practice in the state? Which authority
renews his license for practicing in the state of Virginia?
Joseph needs a certification from
his license for practicing as an auditor in the State of Virginia.
s reserved.
Reset
Next
The
renews

Answers

Joseph obtained a Certification (certified public accountant) designation in Virginia.

What does a CPA do?

After obtaining, collecting data, and assessing the complete set of financial statements, an accountant assists firms in formulating important financial decisions. They are in charge of conducting financial audits, comparing bank statements, and guaranteeing the accuracy and reliability of accounting records all year long.

Do accountants earn substantial salaries?

In conclusion, the average pay for an accounting career is $70,000 to $130,000 per year, with a 6% job growth rate by 2030. Accounting career wages can range from $40,000 to $120,000 per year based on education, certifications, firm location, and notably years of experience.

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What are the features of a command economy check all that apply?

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A command economy is considered an economic system where the central government makes all economic decisions.

What is a command economy, exactly?

The means of production are owned by the general public in a command economy, and one central entity controls all aspects of the economy. This organization sets quantifiable output goals and supplies raw resources to productive businesses.

What does it imply under socialism to have a command economy?

The majority of communist nations have a command economy. An overview of market-based socialism is provided below. In communist nations, the state controls and centralizes economic decisions. What will be produced, who will manufacture it, how much will be produced, and who will buy it are all decided by a dictator or central planning committee

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What was the significance of broken chains Mcq answer?

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It represents emancipation from servitude. The broken chain, represented independence for the third estate, or common people, as opposed to the aristocracy, during the French Revolution. The explanation for the name "broken chain."

A broken chain represented liberation from slavery. A single rod can be broken with ease, but not a whole bundle of rods or fasces. It stands for the strength inherent in unity.

Typically, a broken chain only represents the polar opposite of a connected chain. A broken chain can symbolize any number of concepts, including freedom, emancipation, expression, and individualism. Broken chains can also represent broken ties.

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channels of distribution that involve the use of intermediaries_____

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Channels of distribution that involve the use of intermediaries indirect distribution.

A distribution channel or also known as  channel of distribution generally can be described as the method a company uses to get a service or also product  into the hands of a consumer as efficiently and quickly as possible. On of the types of channel distribution is indirect distribution. Indirect distribution generally can be defined as selling wholesale to  retailers or agents so that they can distribute the product for customer. There are several example of indirect distribution, such as  the lumber manufacturer, the furniture maker, and the retailer.

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What is included in an individual's personal assets select three?

Answers

The personal assets which are cash, property or building and the personal property which is included in an individual's personal assets.

The assets is the term which is defined as the products like jewelry, land and any other property you bought and sell for money.

The assets play an important in the every individual personal life. It is the vast source of money at the bad or need time.

The assets include cash which is earned by the person on the daily job, the property like land, building, home etc and the personal property like jewelry, cars, etc. and another type of asset is stocks which is bought from the company.

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