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3 years ago

Does a waterman have to sell his oysters to a certified dealer

Business

2 answers:

DENIUS [597]3 years ago

7 0

Yes because if he's not certified you probably won't get paid

Elis [28]3 years ago

6 0

Yes you have to sell your oysters to be certified waterman dealer

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A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout th

ruslelena [56]

Answer:

75,000 equivalent units

Explanation:

Calculation to determine What were the equivalent units of production for conversion costs for the month of March

First step is to calculate completed and transferred units

Completed and transferred units =5,000 + 70,000 − 25,000

Completed and transferred units = 50,000

Now let determine the equivalent units for direct materials cost

Using this formula

Equivalent units for direct materials cost =100% of the completed units + 100% of the ending inventory

Let plug in the formula

Equivalent units for direct materials cost= (50,000 × 100%) + (25,000 × 100%)

Equivalent units for direct materials cost=50,000+25,000

Equivalent units for direct materials cost=75,000

Therefore the equivalent units of production for conversion costs for the month of March is 75,000

3 0

3 years ago

Alex paid $600 to Rita, his ex-wife, for child support. Under the terms of the divorce decree, Alex claims the dependency exempt

dsp73

Answer:

Explanation:

Since Alex's child does not live with him for at least 6 months plus one day, he doesn't qualify for any income credit.

Alex himself cannot claim the earned income credit for an individual without a qualifying child because he is just 24 years old, and you must me at least 25 years old to qualify.

7 0

4 years ago

ou are considering implementing a lockbox system for your firm. The system is expected to reduce the collection time by 3 days.

Taya2010 [7]

The net present value of this lockbox arrangement is $1,205,378.06.

Since you are considering implementing a lockbox system for your firm, and on an average day, your firm receives 1,370 checks with an average value of $ 880 each, and the daily interest rate on Treasury bills is 0.01 percent, and the bank charge per check would be $ 0.25, to determine what is the net present value of this lockbox arrangement, the following calculation must be performed:

((1370 x 880) x 1.0001) - (1370 x 0.25) = X
1,205,720.56 - 342.5 = X
1,205,378.06 = X

Therefore, the net present value of this lockbox arrangement is $1,205,378.06.

Learn more about maths in brainly.com/question/25903947

5 0

2 years ago

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area?

jeka94

Answer:

An area with younger people will have a higher demand for rentals and a lower demand for buying.

7 0

3 years ago

Read 2 more answers

In a $1031 like-kind exchange, Rafael exchanges a business building that originally cost $346,800. On the date of the exchange,

Andreyy89

Answer:

A. $52,020

B. $0

C. $208,080

Explanation:

a. Computation of Rafael's realized gain on the exchange

Using this formula

Realized gain=Fair market value -Adjusted basis

Let plug in the formula

Realized gain= $190,740-$138,720

Realized gain=$52,020

Therefore a. Rafael's realized gain on the exchange is $52,020

b. Based on the information given Rafael's recognized $1031 gain is $0 reason been that

NO BOOT WAS RECEIVED

c. Computation for Rafael's $1245 depreciation recapture Amount

Using this formula

Depreciation recapture Amount=Equipment originally cost -Adjusted basis

Let plug in the formula

Depreciation recapture=$346,800-$138,720

Depreciation recapture=$208,080

Therefore Rafael's $1245 depreciation recapture of $208,080 is carried over to the replacement property

4 0

3 years ago