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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Answer: e

Explanation:

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With compound interest, what happens when you start compounding more and more frequently? a. there is no correlation between compound interest and the computed value b. the computed value gets larger c. the computed value stays the samed. the computed value gets smaller

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

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As the frequency of compounding increases, compound interest increases while simple interest remains constant for a given period. The more often interest is calculated, the bigger the corpus it produces and the quicker it compounds.

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belief british should have permission from colonists to pass taxes

Answers

Violence erupted in the American colonies as a response to the Act, with colonists protesting that they should not be had to pay a tax to which they had not consented through representation in Parliament, in violation of the British constitution.

Instead, the British government contended that the colonies were "virtually represented," meaning that they were afforded the same level of representation in Parliament as the thousands of British subjects without the vote or cities without representation in Parliament like Birmingham and Manchester. It said that legislation passed by the Commons was binding on all British subjects worldwide.

The colonists responded that they had representation in the form of colonial assemblies, which were democratically elected and had been responsible for passing laws and levying taxes since the colonies' inception.

To the colonists, these gatherings served as a substitute for Parliament; they were represented there and paid taxes to the body. It was not acceptable in their eyes to pay what they saw as yet another arbitrary price.

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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.

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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.

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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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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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Eminent domain and escheat are two examples of

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Eminent domain is the capacity of a state, provincial, or national government to acquire private property for public purpose, whereas escheat is the government's right to own unclaimed land and assets.

Escheat is the government's right to own unclaimed property and assets. According to the concept of escheat, property always has a recognized owner, which is the state or government if no other claimants to ownership exist or are easily identified. Subjects' property is under the eminent domain of the state, so that the state or those acting on its behalf may use, alienate, and destroy such property, not only in extreme necessity, in which even private persons have a right over the property of others, but for ends of public utility, to which those who founded civil society must be assumed to have intended that private ends give way.

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What are the steps to balancing a checking account?

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The steps to balancing a checking account are, first write down your transactions often, open your checking account statement, check all transactions, update your balance, and repeat.

The first step in balancing a checking account is by comparing the checks in the check record with those on the statement. So, balancing your checkbook will thus help you in order to make sure that you have enough money in your account in order to cover all of your withdrawals and also the payments.

However, a checking account is a bank account which is used for the everyday deposits and also the withdrawals, which means putting money into your account and then taking it out or using your debit card.

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

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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.

What is the IAM policy in AWS?

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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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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What are the factors that contribute to an effective exercise program?

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The FITTE principle is a great acronym to keep in mind when designing any type of exercise program, whether it is cardio, strength, and/or flexibility.

What are the important factors for effective strength training?

Progressive strengthening activities are safe for those with diseases like  cancer, according to strength.

It is crucial that our clients are followed up on as they proceed through these activities, either as part of a programme for lymphoedema monitoring or if they already have condition as part of a management plan.

We must accurately determine each person's present level of fitness. It is common knowledge that people are more likely to stick with fitness programmes if they find them enjoyable.

Obesity has far-reaching impacts. We are well recognised that it might raise the possibility of lymphoedema after cancer therapy, and that it can intensify and complicate the condition for people who already have it.

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