Answer:
$1,282
Explanation:
beginning WIP = 100 units 25% complete, so EUP are 25 units
units started = 1,000
ending WIP = 200 units 50% complete, so EUP are 100 units
the company processed 75 EUP form beginning WIP (100 - 25) + 1,000 units started - 100 EUP in ending WIP (200 - 100), so total equivalent units for the month = 975
cost per EUP = $12,500 / 975 = $12.8205
ending WIP balance = 100 EUP x $12.8205 = $1,282.05 ≈ $1,282
In step 2 of comparison shopping one must:
Compare prices and features.
Explanation:
Comparison shopping is when an item is shopped for by comparing competitive prices and products for the same.
This is essential in the modern would where there is small difference in specifications of competing product that must be viewed to get the best option.
The first step of the process is to research and access what product and what specifications are needed by the buyer.
The second step is then the comparison of the prices and features.
The third step is the analysis and then the decision of buying.
The adjusting entry for a prepaid expense includes a debit to a expense account and a credit to an asset account.
<h3>What is
adjusting entry ?</h3>
An adjusting journal entry can be described d as the entry in a company's general ledger which is been carried out at end of an accounting period in order to have the record of any unrecognized income or expenses.
It should be noted that The adjusting entry for a prepaid expense includes a debit to a expense account and a credit to an asset account.
Find out more on adjusting entry at :
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Answer:
B. Shorter time periods usually have no affect on interest rates.
Explanation:
The interest rate is correllate to the potential risk of the investment.
As in a long period, there’re more unpredetermined risks, and we normally say “high risk high return). Thus a longer time period ussually have higher interest rate and vice versa.
In shorter period, we may dertermine the risk more easily then it deserves to enjoy lower interest risk.
Answer and Explanation:
The description is as follows:
The annual maintenance for an equipment is $5,600 it would be classified as a normal repairs & maintenance and the same would be expensed
The remodeling of office for $22,200 would be classified as an improvement. The same would be capitalized & depreciated
The rearrangement of the shipping & receiving area for $35,200 would be classified as a rearrangement and The same would be capitalized & depreciated
The addition for $25,200 would be classified as an addition and The same would be capitalized & depreciated
