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NEW QUESTION: 1
LC produces a household detergent in a single process. Information for this process for last month is as follows:
(a) Materials input - 11,000 Litres at £2.00 per litre.
(b) Conversion costs - £23,000
(c) Output during the month - 8,000 litres.
(d) There were 2,000 units of closing work in progress which was complete as to materials and 35% complete as to conversion.
(e) Normal loss for the month was 5% of input and all losses have a scrap value of 50p per litre.
(f) There was no opening work in progress.
The value of closing work in progress at the end of the month is closest to:
A. £6,195
B. £6,250
C. £8,945
D. £5,915
Answer: D

NEW QUESTION: 2
Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use in addition to using the intercompany Reconciliation report?
A. Receivables Aging by General Ledger Account report
B. Receivables to General Ledger Reconciliation report
C. AR Aging report
D. General Ledger Trial Balance report
Answer: B

NEW QUESTION: 3
A customer is looking for a storage solution to backup data in the environment. What is the recommended solution from a price and performance standpoint?
A. NL-SAS
B. SAS
C. Flash
D. SSD
Answer: B