Answer:
beginning WIP 800
Question: which are the physical units in the beginning work in process inventory?
Explanation:
The beginning WIP and the started and completed untis will be the total transferred units.
<u><em>We first, solve for the start and completed: </em></u>
Unit Stated 25,200
Ending WIP(incomplete)<u> 2,000 </u>
start and complete 23,200
<em><u>Now, we solve for the WIP: </u></em>
<em><u /></em>
Transferred units 24,000
start and complete<u> (23,200) </u>
beginning WIP 800
Answer:
a professional organization
Explanation:
A professional organization is formed to promote the growth of the profession and advance the interest of people working in that profession.
A professional organization is also known as a professional association. It facilitates communication and connection among its professionals. It supports innovations and creativity that help develop and grow the profession. Through their regular meeting, members of a profession share information on the trending issues, opportunities, and challenges affecting the profession.
Answer: Production Method
Explanation: Gross domestic product, also known as GDP, calculates the total value of products and sevices that are produced in an economy. This in turn measures the total income of a country.
The method that applies in this scenario is the production method. This method focuses on goods, by looking at its final value after deducting the input costs, also known as intermediate goods. Input costs (or intermediate goods) are the cost of materials that were used to make the final product, i.e. the production costs. Once the input costs are deducted from the total value of the goods , what remains becomes the actual income of the goods, the final cost, which is then added to GDP.
Answer: Here are a few other elements to consider:
Did you open the message with the main idea?
Could you have used fewer simple sentences?
Could you have arranged words differently to improve clarity?
Answer:
$12,750
Explanation:
The computation of net differential income is shown below:-
For computing the net differential income first we need to find out the net income if equipment is sold and net income if offer lease is accepted which is given below:-
Net income if equipment is sold = Sales consideration - Commission
= $25,000 - ($25,000 × 7%)
= $25,000 - $1,750
= $23,250
Now,
Net income if offer lease is accepted = Lease amount - Repair, insurance and property tax expenses
= $46,000 - $10,000
= $36,000
So,
Net differential income from the lease alternative = Net income if offer lease is accepted - Net income if equipment is sold
= $36,000 - $23,250
= $12,750
