B. They'll know exactly what you want.
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Answer:
630,000 units and 678,000 units
Explanation:
The computation of the equivalent units for material cost and for conversion cost is shown below:
For material cost
= Units transferred × completion percentage + ending work in process units × completion percentage
= 630,000 units × 100% + 120,000 units × 0%
= 630,000 units + 0 units
= 630,000 units
For conversion cost
= Units transferred × completion percentage + ending work in process units × completion percentage
= 630,000 units × 100% + 120,000 units × 40%
= 630,000 units + 48,000 units
= 678,000 units
Answer:
Bootstrapping
Explanation:
Bootstrapping is a business term which means starting and growing a business or company without any external resources but personal resources of the entrepreneur such as personal savings, personal equipment like computers, personal landed property or space, etc. Such company or business started and expanded based on the personal resources of the entrepreneur and the income the business generated.
Advantages of Bootstrapping a company.
a. There is total control over such business with no external influence.
b. Careful resource management.
Answer:
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Explanation:
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Answer:
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Explanation:
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