Answer: (D) Executory
Explanation:
The executory contract is one of the type of contract which is executed between the debtor to the another part member.
The executory contract is generally related the specific administration and the important task or performance are remain to be performed.
According to the given question, the contract between the Patricia and the station is refers to the executory contract during the attendant filling in the tank.
Therefore, Option (D) is correct answer.
Answer:
The unit costs for materials is $1.62 per unit
The unit costs of conversion costs is $2.13 per unit
Explanation:
In determining the the unit production costs for materials and conversion costs, it is very important to calculate equivalent number of units applicable to materials as well as the one applicable to conversion costs
Equivalent units for materials
Completed units 40000 @100% complete 40000
Ending inventory [email protected] 100% complete <u>20000</u>
<u>60000</u>
Equivalent units for conversion costs
Completed units [email protected]% 40000
Ending inventory 20000 @ 30% complete <u>6000</u>
<u>46000</u>
unit production costs of materials=$96960/60000=$1.62 per unit
unit production costs of conversion costs=$97860/46000=$2.13 per unit
Answer:
Because the labour is a source of my daily food which potentially is a basic need in life
Answer:
The correct answer is $9187.5.
Explanation:
According to the scenario, the given data are as follows:
Asset cost = $140,000
Residual value = $42,000
Life period = 8 years
So, Annual depreciation can be calculated by using following method:
Annual depreciation = ( Asset cost - Residual value) ÷ Life period
= ($140,000 - $42,000) ÷ 8
= $12,250
As depreciation is to be recorded till Dec.31
So, total time period = Apr - Dec = 9 months
So, Depreciation expense till Dec.31 = $12,250 × (9 ÷ 12)
= $9,187.5
Hence, Depreciation expense till Dec.31 is $9,187.5.
Answer:
b) 2,388.22
Explanation:
Activity Cost Pool Activity Rates Activity Overhead cost
Processing customer 49.87 per order 10 498.7
orders
Assembling products 2.88 per assembly hour 580 1670.4
Setting up batches 18.26 per batch 12 <u> 219.12</u>
Total Overhead cost assigned <u>2,388.22</u>