Answer:
Total equivalent units of material = 900
Explanation:
<em>Equivalent units are notional whole units which represent incomplete works are used to allocate cost to work in progress and completed units</em>
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked. </em>
Equivalent unit = Degree of completion × units
Item units Equivalent units
Completed units 600 100% × 600 = 600
Closing inventory 300 100%× 300 = <u>300</u>
Total equivalent units of material <u>900</u>
Note simply because materials are added at the beginning of the process, it is assumed that all the quantity required would have been added. Hence the degree of completion for materials is 100% .
Answer: New harvesting equipment for the farm
Answer:
Ethics
Explanation:
Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.
Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.
If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.
Increasing the reserve requirement is a powerful ANTI INFLATION weapon that reduces the overall supply of money.
In order to reduce the amount of money in an economy, the federal reserve can increase the reserve requirements of the commercial banks in the economy. This will reduce the amount of money that the banks can give out as loan and this will work to prevent inflation.
