Answer:
The cost per equivalent unit of production (EUP) for conversion costs is $116.67
Explanation:
The cost per equivalent unit of production (EUP) for conversion costs is = 70000/600= $116.67
Cost accounting compiles the cost of raw materials, work-in-process, and finished goods inventory, while financial accounting incorporates this information into its financial reports (primarily into the balance sheet). ... Financial accounting personnel issue reports only at the end of a reporting period.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: Option D
Explanation It is a common fact that bonds having longer term maturities have higher interest rate risk as compared to the bonds having short term maturities.
This, is due to the fact that market yield and price of bond have inverse relationship. Thus, the bonds having longer term periods to maturity will face more interest rate fluctuations as compared to short term bonds, that's why long term bonds price is more sensitive to interest rate changes.
Most probably B. What does Unc mean in question A?
