Answer:
Explanation:
The adjusting entries are shown below:
1. Insurance expense A/c Dr $1,200
To Prepaid insurance A/c $1,200
(Being prepaid insurance is adjusted)
2. Supplies expense A/c Dr $6,200
To supplies A/c $6,200
(Being supplies adjusted)
The supplies at the end of the year is computed below:
= Supplies account balance + purchase of supplies - available supplies
= $5,000 + $2,000 - $800
= $6,200
Answer:
The answer is $221
Explanation:
LIFO means Last in First out i.e the inventory that was bought last will be sold out first.
Opening balance:
November 1: 5 units at $19 each
Purchased:
November 2: 10 units at $21 each
Purchased:
November 6: 6 units at $24 each
Sold:
November 8: 10 units at $54 each
Total number of units bought plus Beginning inventory = 5 + 10 + 6 = 21 units
Therefore, number of units remaining at November 8 after sales is 21 - 10
=11 units.
So according to LIFO, we have:
6 units at $21 = $126
5units at $19 = $95
$95 + $126
=$221
<em> 7*|15 80 | =|105 560|</em>
<em> 7*|15 80 | =|105 560||40 100| |280 700|</em>
<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER </em>
<em> 7*|15 80 | =|105 560||40 100| |280 700|HERE'S YOUR ANSWER ◌⑅⃝●♡⋆♡MICKZMINNZ♡⋆♡●⑅◌</em>
The reason principled negotiation would be the most suitable strategy in international trade negotiation is because it helps a party to leverage his/her principles of the opponent to win the negotiation.
The principled type of negotiation is recognized as an interest-based class of negotiation.
- A principled negotiation is known as a winner-take-all style of negotiation that is focused on a specific goal of winning.
- In a principled type of negotiation, there are no space for consideration of other party’s needs and requirements.
- However, a principled negotiations is limited because it can fail to settle dispute or conflict even if a parties has the highest intentions and negotiating skills.
In conclusion, the reason principled negotiation would be the most suitable strategy in international trade negotiation is because it helps a party to leverage his/her principles of the opponent to win the negotiation.
Read more about principled negotiation
<em>brainly.com/question/6106694</em>
Answer: $3.40
Explanation:
Based on the information given in the question, the materials cost per unit will be calculated thus:
First, we'll calculate the completed units which will be:
= 18500 - 1400
= 17100
Ending inventory = 1400 units
Equivalent Production Unit with respect to Material = (17100 x 100%) + (1400 x 100%)
= 18500 Units
Material Cost Per Unit will be:
= Total Material Cost / Equivalent Production Unit
= $62900 / 18500
= $3.40 per unit
The material cost per unit is $3.40
