Answer:
$0.44
Explanation:
Given that,
Beginning work in process = $5,500
Started in April = $18,500
Units completed = 42,500
Ending Work-in-Process = 12,500
Using the weighted-average method,
the cost per equivalent unit for materials is as follows:
= (Beginning work in process + Started in April) ÷ (Units completed + Ending Work-in-Process)
= ($5,500 + $18,500) ÷ (42,500 + 12,500)
= $0.44
Answer:
Explanation:
According to Forbes, some ways to raise a credit score quickly include raising credit limits, keeping accounts open and paying bills on time
HAVE A GREAT DAY!
PLACE.........................................................................
Answer:
$600,000
Explanation:
Data provided in the question:
Controllable margin = $66,000
Sales = $480,000
Return on investment = 10%
Now,
Return on investment = Controllable Margin ÷ Average Operating Assets
or
10% = $60,000 ÷ Average Operating Assets
or
Average Operating Assets = 60000 ÷ 10%
or
Average Operating Assets = 60000 ÷ 0.01
or
Average Operating Assets = $600,000
Answer:
Explanation:
In the classified balance sheet, we summarize the asset and liabilities into various types
Like assets are divided into fixed assets, current assets, and intangible assets.
Likewise, liabilities are also divided into current liabilities, long term liabilities
In every balance sheet, the accounting equation is used that means
Total assets = Total liabilities + Shareholder equity
The preparation of the classified balance sheet for Evan McGruder, Inc. on June 30, Year 3 is presented in the spreadsheet. Kindly find the attachment below:
