If you have a VA service-connected disability rating of 10% or higher, you are eligible to receive a monthly compensation check from the VA. The monthly compensation payments vary by your disability rating—and if your rating is 30% or higher—the rates are increased, depending number of dependents you have filed on your claim.
The answer is that, "Mary was conducting an experiment".
Mary has done the experiment by raising the price of cookies every week, and when her experiment finished, she concluded a result from her experiment about the price of cookies which is more profitable. So in daily life we do many experiments to get conclusion from them sometimes it takes more time some times less.
Answer:
The equivalent units of of materials in September = 62,400 units
Explanation:
<em>Equivalent units are useful to apportion cost between work in progress and completed units. They are notional whole units which represent incomplete work</em>
Equivalent Units = Degree of work completed (%) × inventory units
Items units workings Equivalent units
Completed unit 58,500 58,500× 100% = 58,500
Closing WIP 6,500 6,500 × 3/5 = <u>3,900</u>
Total equivalent units of materials <u>62,400.</u>
The equivalent units of of materials in September = 62,400 units
To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.
If you can't find the time to make one from scratch, there are templates that can be used to help.
gross margin : the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.
net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
Answer:
$1,464,000
Explanation:
The computation of the depletion expense is shown below:
Purchase price plus additional cost = $5,640,000
Extracted tons during four year period = 940,000 tons
Current year tons extracted = 244,000 tons
So,
Depletion expense = Purchase price plus additional cost ÷ extracted tons during four year period × current year tons extracted
= $5,640,000 ÷ 940,000 tons × 244,000 tons
= $1,464,000
