Smith Co Started 40 000 Units into Production During the Current

question 8

Short Answer

Smith Co started 40 000 units into production during the current period and completed 28 000.The other 12 000 units were 30% complete as to conversion costs at the end of the period.Total costs were $60 000 for material and $36 000 for conversion costs.
Material is added at the beginning of the production process.Unit raw material and conversion costs for the period were: $$\begin{array} { l l c } & \text { Raw materials cost } & \text { Conversion cost } \\\text { a. } & \$ 5.00 & \$ 10.00 \\\text { b. } & \$ 1.50 & \$ 10.00 \\\text { c. } & \$ 5.00 & \$ .90 \\\text { d. } & \$ 1.50 & \$ 1.14\end{array}$$

Understand the characteristics distinguishing various forms of political organization (band, tribe, chiefdom, state).

Identify mechanisms of political integration and conflict resolution in tribal societies.

Comprehend the concept of uncentralized vs. centralized political systems and their attributes.

Recognize the role of kinship in political organization and social order within uncentralized systems.