Pneumonoultramicroscopicsilicovolcanoconiosis
Answer:
$6 per unit
Explanation:
using the weighted average method:
units completed 92,000 x 100% (both materials and conversion)
ending work in progress 24,000
- materials 90% completed = 21,600
- conversion 40% completed = 9,600
equivalent unit conversion costs = total conversion costs / total equivalent units of conversion
- total conversion costs = $20,320 + $15,240 + $$182,880 + $391,160 = $609,600
- total equivalent units of conversion = 92,000 + 9,600 = 101,600
equivalent unit conversion costs = $609,600 / 101,600 units = $6 per unit
However, unlike exchanges, ATS has no members (ATS has "subscribers") and has no regulatory liability. An ATS can trade listed stocks like a stock exchange, but unlike a stock exchange, an ATS can also trade unlisted stocks (also known as OTC stocks) and fixed income securities such as bonds.
The main similarity between broker-dealer networks, alternative trading systems, and registered stock exchanges is that they are all some kind of market for buying and selling securities, either stocks or bonds.
What are alternative trading systems(ATS)?
An Alternative Trading System (ATS) is an SEC-regulated electronic trading system that matches orders between buyers and sellers of securities. ATS is not a domestic stock exchange. However, ATS can apply to the SEC to become a domestic stock exchange.
What is a registered stock exchange?
A registered stock exchange that has filed and approved a registration statement with the SEC. All major US stock exchanges are registered with the SEC under the Securities Exchange Act of 1934.
To know more about ATS and Registered stock exchange visit here:
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Answer:
The correct options are:
A. Debit to Factory Overhead
D. Credit to Factory Utilities Payable
Explanation:
The debit entry of the use of utilities in a factory would be recorded in factory overhead since cost of utilities is a not a direct factory cost.
However, the corresponding credit would be in the factory utilities payable as an obligation awaiting payment to be made to the supplier of the service being enjoyed by the factory in order to run on daily basis
