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borishaifa [10]
4 years ago
14

The following data pertain to a company's cracking-department operations in December:

Business
1 answer:
Debora [2.8K]4 years ago
5 0

Answer:

B 185,000

Explanation:

Equivalent Units of Production

=Work-in-process December 1 (20,000  *50% = 10,000) + Units started(  170,000) + Work-in-process, December 31  (10,000  *50%= 5,000)

Equivalent Units of Production  for conversion costs = 10,000 + 170,000 + 5000

Equivalent Units of Production  for conversion costs for  December = 185,000

As FIFO Method of inventory is used first the beginning WIP is completed then units started and at the ending WIP.

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$2,538,000

Explanation:

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The preference shares were valued at $102*94,000 less the amount of common stocks issued at par (94,000*3*25) for conversion of preference stocks to common stocks will give paid in capital in excess of par for common stocks.

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3 years ago
At December 31​ year-end, Cushion Corporation has a $9,000 note receivable from a customer. Interest of 4​% has accrued for 10 m
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The financial statement will report the note receivable of the amount of $9,000 and interest receivable of $300

Explanation:

Calculation for what Cushion's financial statements report for this situation at December​ 31

Based on the information given we were told that the Corporation has the amount of $9,000 as note receivable from a customer with an Interest of 4​% which has accrued for 10 months on the note which mean that the financial statements will report will report the note receivable of the amount of $9,000 and interest receivable of the amount of $300 at December 31 ​ which was calculated as :

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8 0
3 years ago
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According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question the approach being described is called the Human Relations Approach. Like mentioned in the question this approach refers to the view that the effectiveness of any organisation depends on the quality of relationships among the people working in the organisation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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