Answer: a. Under a personal services contract, the contractor’s personnel are subject to the supervision and control that prevails in relationships between the Government and its employees.
Explanation:
A personal service contract operates as though there is an employer-employee relationship between the Government and personnel under the contractor hired for the project.
This means that the contractor's personnel will be subject to the same supervision and controls that the government puts its own employees under.
Answer: $158,000
Explanation:
Equity = Opening equity + Net Income - Dividends
Net Income = Revenue - expenses
= 33,500 - 26,000
= $7,500
Equity = 160,000 + 7,500 - 9,500
= $158,000
Answer:
COGS= $16,732.5
Explanation:
Giving the following information:
Mar. 1 Beginning Inventory 1,000 $7.20
Mar. 10 Purchase 600 7.25
Mar. 16 Purchase 800 7.30
Mar. 23 Purchase 600 7.35
Marvin sold 2,300 units of inventory during the month.
<u>First, we need to calculate the weighted average price per unit:</u>
Weighted-average cost per unit= (7.2 + 7.25 + 7.3 + 7.35) / 4
Weighted-average cost per unit= $7.275
<u>Now, the cost of goods sold:</u>
COGS= 7.275*2,300
COGS= $16,732.5
Answer:
help reinforce your professional credibility.
The answer is E all of the above, hope this helps :)!!
