Answer:
$3.7557
Explanation:
The computation of one share of this stock worth is shown below:-
Years Dividend Present value Present value
factor at 16%
0 $2.50
1 $2.00 0.8621 $1.7241
2 $1.50 0.7432 $ 1.1147
3 $1.00 0.6407 $0.6407
4 $0.50 0.5523 $0.2761
Total $3.7557
Present value factor at 16% = (1 ÷ (1 + discount rate))^years
Answer and Explanation:
The journal entry is given below:
a. Work in process ($4,850 + $2,420 + $1,910 + $3,570) $12,750
Factory overhead $1,660
To wages payable $14,410
(being the factory labor cost is recorded)
b. Work in process Dr ($12,750 ÷ $17 × $28) $21,000
To factory overhead $21,000
(being the factory overhead is applied)
These two entries should be recorded for an individual parts
<span>If you borrow money from a bank, you are the ____________. </span>
<span>C</span>
The last station responsible for handling the after-sales processes goes out correctly is First Out.
<h3>
What is FIFO?</h3>
First In, First Out (FIFO) is a system of asset management and valuation in which assets created or acquired first are sold, used, or disposed of first.
For tax purposes, FIFO assumes that the assets with the oldest expenses are included in the cost of goods sold on the income statement (COGS). The remaining inventory assets are matched with the most recently purchased or manufactured assets.
To learn more about FIFO visit:
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Answer:
Business
Explanation:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term business also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.