Answer:
50,900 units
Explanation:
a. The computation of the units were transferred out of Work in Process Inventory is shown below:
= Beginning inventory of work in process units + added to the production units - ending inventory of work in process units
= 8,100 units + 47,600 units - 4,800 units
= 50,900 units
Basically we added the production units and deduct the ending inventory of work in process units to the Beginning inventory of work in process units so that the transferred out units could come
Answer:
A. $0 gain, $36,000 basis
Explanation:
In the distribution, from the information given, Sarah does not recognize any gain or loss.
However, given that
She had $56000 basis at end of year prior to distribution.
Then receives $20000 from distribution after reallocating her basis in SF to cash in amount equal to distribution
Therefore,
Her basis left = 56000 - 20000
= $36000
Answer:
True
Explanation:
The internal rate of return is a measurement utilised in capital planning to appraise the productivity of potential investment. The internal rate of return is a markdown rate that makes the net present worth of all incomes from a specific task equivalent to zero. If the NPV is zero the project is not feasible and if the NPV is zero or positive the investor should invest in that particular project
Answer: $256
Explanation:
Using time and materials pricing, the total price for a job requiring 3 direct labor hours and $54 of materials will be calculated as:
Materials = $54
Add: Materials markup = 30% × $54 = 0.3 × $54 = $16.2 = $16
Add: Labour = 3 × $62 = $186
Total price of job = $256
