Answer:
e. 225,000 materials; 195,000 conversion.
Explanation:
direct materials
beginning WIP inventory = 0%*50000
= 0
started and completed = 150000*100%
= 150000
ending WIP inventory = 75000*100%
= 75000
equivalent units = 0 + 150000 + 75000
= 225000
conversion
beginning WIP inventory = 50000*60%
= 30000
started and completed = 150000*100%
= 150000
ending WIP inventory = 75000*20%
= 15000
equivalent units = 30000 + 150000 + 15000
= 195000
Therefore, The equivalent units for direct materials and conversion respectively for May is $225,000 and $195,000 respectively.
Answer:
From the given information, we can infer that Lorenzo has decided to give Maya a warning.
Explanation:
The warning is the statement which indicates any unpleasant situation which may arise if not taken any precaution. Although it is unpleasant to hear and to contemplate, it gives sufficient time for any situation to be covered up within the time. In the above case, Lorenzo decided to warn Maya about her activity. By doing this he would be able to draw Maya's attention towards her behavior.
Answer:
$46,000
Explanation:
We can find out the the revaluation gain that need to be reported at the year end by just deducting the the cost of the investment by its current fair value .
DATA
Fair value = 588,000
Cost = 542,000
Revaluation gain = Current fair value - Cost
Revaluation gain = 588,000 - 542,000
Revaluation gain = $46,000
The revaluation gain of $46,000 will be reported in other compreensive income of smith's financial statements.
A change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
<h3>What is a supply curve?</h3>
The supply curve is a positively sloped curve that shows how quantity supplied changes with price of the good. All things being equal, the higher the price of the good, the higher the quantity supplied.
<h3>What is a change in supply and a change in quantity supplied?</h3>
A change in quantity supplied is as a result of a change in the price of the good. If price increases, quantity supplied increases and if it decreases, quantity supplied decreases.
A change in supply is caused by other factors other than price. Some of these factors include:
- A change in the number of suppliers
- The cost in the price of raw materials needed in the production of the good.
A change in supply leads to a movement outward or inward.
To learn more about supply curves, please check: brainly.com/question/26073189
Answer:
The correct answer is option d.
Explanation:
The effficent market hypothesis is an investment theory which advocates that the stock prices reflect all the available information. As a result, stocks are always traded at their fair value.
The strong form of efficient market says that stock prices reflect all information whether public or private.
This implies that investors cannot have more than normal profits. In the above example, the investors are able to make profit through insider information. This means that the market is less than strong form efficient.
