The best type of visual aid for showing trends overtime is

ABC Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department

Sveta_85 [38]

Answer:

$9.94

Explanation:

Equivalent unit of conversion cost = 56,800 + (7,300*40%)

Equivalent unit of conversion cost = 56,800 + 2,920

Equivalent unit of conversion cost = 59,720 unit

Total cost of conversion = $34,558 + $559,254

Total cost of conversion = $593,812

Cost per equivalent unit of conversion = Total cost of conversion / Equivalent unit of conversion cost

Cost per equivalent unit of conversion = $593,812 / 59,720 units

Cost per equivalent unit of conversion = $9.9432686

Cost per equivalent unit of conversion = $9.94

4 0

3 years ago

Assume a contract for the sale of goods specifies that payment is to be made four months after delivery of a product. The seller

tatuchka [14]

Answer:

correct option is D) Recognize interest revenue.

Explanation:

Interest income is the income that a company receives from any investment or on its own debt and every penny taken on a logistic investment or loan is believed to pay some interest. Items sent to the buyer usually become debt that needs to be added without wires.
so due to the position in the contract that the payment will be made four months later, the concept of time value of money is the basis of the interest income formula.
Time value of money is a basic economic concept that involves the present money rather than the future money. This is true because the money you have at the moment can be invested and earned so that you can make a large amount of money in the future.
If a party is asked to forfeit the time value of money in a business transaction, it must be compensated, hence the interest revenue.

4 0

3 years ago

You are helping a customer put a large item in his car. as you go out the door you notice a $20.00 bill on the ground . what wou

ValentinkaMS [17]

A. ask the customer if it is his.

8 0

3 years ago

Assume that a war breaks out abroad, and foreign investors choose to invest more in a large safe country, the United States. The

goldenfox [79]

Answer: the U.S. real interest rate and net exports will both rise.

Explanation: Due to the ongoing war abroad, there would be a reduction in production of goods and services in the affected countries and a rise in the production of goods and services in the safe haven country (US) leading to increased levels of export to meet the demand.

War affects investments negatively. As a result, investments are also moved to the US for safety. However, pressure on US producers and eventual shortage due to increased exports, would lead to inflation and increase in prices of goods and services. To mitigate these effects and to reduce the supply of money, government would increase interest rates.

This explains why both interest rates and export both rise.

5 0

3 years ago

Angela, Inc., holds a 90 percent interest in Corby Company. During 2017, Corby sold inventory costing $77,000 to Angela for $110

strojnjashka [21]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

Download xlsx

6 0

3 years ago