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lina2011 [118]
3 years ago
5

A department begins the month with 100 units at a cost of $7,500 and 25% complete in goods in process. An additional 1,000 units

are started during the month and additional costs incurred are $12,500. At the end of the month, there are 200 units still in process which are 50% complete. Using FIFO, the ending balance in Work in Process Inventory is $ . Do not round intermediate calculations. Round final answer to the nearest dollar.
Business
1 answer:
Whitepunk [10]3 years ago
3 0

Answer:

Closing work in progress using FIFO is $1,282.

Explanation:

Working are attached:

Download docx
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What are the main goverment restrictions on sole proprietorships
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3 years ago
A 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provi
pickupchik [31]

Complete Question:

A 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provide income. Which is the BEST recommendation?

Group of answer choices.

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B. Municipal bond

C. Bank CD

D. Treasure STRIPS

Answer:

C. Bank CD

Explanation:

In this scenario, a 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provide income. A Bank certificate of deposit (CD) is the best recommendation.

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

<em>Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.</em>

4 0
2 years ago
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Answer:

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Explanation:  

Accounting Profit : The accounting profit is that profit which records the difference of total revenues and total direct cost.

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So,

Accounting profit = Total revenues - Total cost

where

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Monetary cost = $9,000

So,

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Hence, the Ariana's accounting profit for the year was $6,000

7 0
3 years ago
Por que debemos minimizar la escasez?
Trava [24]

Porque los humanos tienen recursos limitados pero deseos y necesidades ilimitados. Actividades realizadas por otros para nosotros. Recursos que están ampliamente disponibles y que nunca se pueden usar.

(Because humans have limited resources but unlimited wants and needs. Activities done by others for us. ... Resources that are widely available and can never be used up.)

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2 years ago
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