Answer:
units completed and ending work in process.
Explanation:
In order to find out the equivalent units we consider the completed units and the ending work in process units.
In mathematically,
= Units transferred × completion percentage + ending work in process units × completion percentage
By considering the units transferred and the ending work in process units after taking the completion percentage we can easily calculate the equivalent units so that the allocation of the manufacturing cost could be done
Answer:
See explanation section.
Explanation:
In the book of Radomir Company
merchandise inventory Debit = $1,350
account payable - Lemke Company Credit = $1,350
<em>To record the purchase from Lemke Company on account.</em>
In the book of Lemke Company,
Accounts receivable Radomir Company Debit $1,350
Sales revenue Credit $1,350
<em>To record the sales on account.</em>
Cost of goods sold Debit = $940
Merchandise inventory Credit = $940
As the company uses perpetual inventory system therefore, the company will gave cost of goods sold journal.
Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.
<h3>
What is the exchange rate?</h3>
- An exchange rate is a rate at which one currency is exchanged for another in finance.
- Currencies are most typically national currencies, although they can also be sub-national, as in Hong Kong, or supra-national, as in the euro.
- The value of one country's currency in respect to another currency is also referred to as the exchange rate.
- Other things remain constant, if the exchange rate increases from 20 pesos to 30 pesos, the dollar appreciates and buys more Mexican items.
Therefore, other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.
Know more about exchange rates here:
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The correct question is given below:
Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar ________.
The group of answer choices
(A) appreciates and buys more Mexican goods.
(B) appreciates and buys fewer Mexican goods.
(C) depreciates and buys more Mexican goods.
(D) depreciates and buys fewer Mexican goods.
We can calculate for the total stockholders’ equity by using
the formula:
Total stockholders’ equity = Number of Shares * Price per
Share – Deficit Balance
Substituting our given values:
Total stockholders’ equity = 19,000 shares * ($12 / share) - $75,000
Total stockholders’ equity = $153,000
Answer:
The answer is D.
Explanation:
Out of all the options option D(The statement of stockholders' equity updates the balances of common stock and retained earnings for related transactions during the year) is correct. This statement shows changes in the equity position between beginning of the year and the ending balance.
Statement of Cash flow contains operating activities, investing and financing activities.
Balance sheet contains asset, liability and equity