Answer:
b. annuities due
Explanation:
Annuities due -
It refers to the amount which need to be paid at the regular interval of time , just before the beginning of the new phase , is referred to as annuities due .
The most common example of annuities due is rent , which need to be paid after every month in the starting .
Hence , from the given information of the question ,
The correct option is annuities due.
Variance reports are internal reports for management. They are used primarily for the purposes of internal accounting and auditing.
Definition of discretionary expenses : The cost that does not essential for your daily life operation or business
Example of discretionary expenses :
- I may buy paint to give color for my toenails
- A business hire some entertainers for its employees to gain their goodwill
Answer:
Standard markup pricing
Explanation:
The reason is that under standard markup pricing the cost of the product is deemed 100% and markup is calculated by multiplying the percentage markup with the total unit cost which is 100%.
For your understanding of standard markup pricing:
Selling price = Cost + Profit
160% = 100% + 60%
By putting values:
Selling price 160% = $30 is 100% Cost + 60% of 100% cost is profit markup
Selling price 160% = $30 + $30 * 60% = $48
Answer:
equivalent units for conversion 1,750
Explanation:
for processing cost under the weighted average method the equivalent untis arethe complete and trasnferred untis plus the work complete on the ending inventory of work in process:
beginning WIP 500
+ start and complete 1,000
total complete and trasnfered-out = 1,500
Then we work 500 units at 50% thus 250 equivalent untis
the total equivalent untis is 1,500 + 250 = 1,750
