Answer:
$1,282
Explanation:
beginning WIP = 100 units 25% complete, so EUP are 25 units
units started = 1,000
ending WIP = 200 units 50% complete, so EUP are 100 units
the company processed 75 EUP form beginning WIP (100 - 25) + 1,000 units started - 100 EUP in ending WIP (200 - 100), so total equivalent units for the month = 975
cost per EUP = $12,500 / 975 = $12.8205
ending WIP balance = 100 EUP x $12.8205 = $1,282.05 ≈ $1,282
The followers is the component that have the highest percentage of executives in the Williams and Miller's decision-making styles.
<h3>What is a decision-making style?</h3>
A decision-making style forms an important element in a firm because its helps them have model on how to make decision that best favors the firm.
In conclusion, the followers is the component that have the highest percentage of executives as they forms the highest population in a firms' hierarchy.
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Answer and Explanation:
Journal Entry would be:
Tax expense (plug) 30
Deferred tax liability [( 30% - 40%) x $ 60] 6
Taxes payable (40% x $90) 36
The amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.
<h3>What is a lease agreement?</h3>
A lease agreement is a legal arrangement whereby a person give another person the right to possess the land for use in return for a periodic compensation.
However, the lease agreement can lead to permanent purchase, based on the agreement of the lease.
In conclusion, the amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.
Read more about lease agreement
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