Answer:
7,780 units
Explanation:
When using the weighted-average method in its process costing system we are only interested in the equivalent units of the output in that particular process. Outputs being Units completed and transferred and units in ending work in process.
Units in Ending Work in Progress calculation
Units in Ending Work in Progress = 1,300 units + 8,300 units - 6,800 units
= 2,800 units
Conversion Costs
Units completed and transferred (6,800 x 100%) 6,800
Units in Ending Work in Progress (2,800 x 35 %) 980
Equivalent units of Production - Conversion Costs 7,780
Conclusion
the equivalent units for conversion costs for the month in the first processing department are 7,780 units
Answer:
E, B, D, C, A, G, H, F
Explanation:
Bonds Payable - <em>Long-term liabilities</em>
Buildings - <em>Fixed assets</em>
Accrued Liabilities - <em>Current liabilities</em>
Intangibles - <em>Intangible assets</em>
Inventory - <em>Current assets</em>
Unearned Rent Revenues - <em>Revenue</em>; advanced paid rentals
Accumulated Depreciation - <em>Expense</em>
Retained Earnings - <em>Stockholder's equity</em>
Answer:
The higher discount rate lower the banks incentive to borrow from the Fed, lowering the quantity of reserves, and causing the money supply to fall.
This is because a higher discount rate makes borrowing from the Fed more expensive. Some of the money that would have been borrowed from the fed becomes bank reserves, and some other becomes loanable funds that increase the money supply. As a result, if banks borrow less from the fed, the money supply falls (or grow less).
The Fed Funds rate is the rate that banks charge one another for short-term overnight loans.
This occurs when banks are stripped of cash, and rely on other banks to meet their cash requirements for the day.
When the Fed buys government bonds, the reserves in the banking system increases, the banks demand for the reserves decreases, and the federal funds rate falls.
When the Fed buys government bonds, it is essentially creating money. This money enters the banking system in the form of reserves, of which some are loaned out, creating even money. Demand for the borrowed reserves falls because banks now need less of it, and as a result, their price: the federal funds rate, also falls.
Explanation:
A record of payroll infornation including computation of gross and net pay, for each employee for the pay period, is called a payroll register
A payroll register is a tool that records each employee's payroll information (gross pay, deductions, withholding tax, net pay, and other payroll-related information) for each pay period and pay date.
TERMS USED IN THIS SENTENCE (33) Accounts Payable Clerk checks payroll for accuracy and produces cash receipts for payroll amounts. Employee checks are drawn from this account and are used only for payroll purposes. Before you can cash your paycheck, you must transfer funds from your general cash account.
A payroll book is a printed or electronic spreadsheet that records key employee payroll information for a specific payroll period. Extension definition. A payroll book helps employers conveniently track employee payroll information.
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