Answer:
Total equivalent unit 1,425 units
Explanation:
<em>Under the first-in -first out system, to account for the units completed in a period, it is assumed that the opening inventory units are first completed and the balance represents the newly introduced.</em>
<em>Fully worked represents unit of inventory started this this period and completed this period</em>
Fully worked = completed units - opening inventory
Fully worked = 1200 -750 = 450 units
Item Units Equivalent Units
Opening WIP 750 750×50% 375
Fully worked 450 450× 100% 450
Closing WIP 800 800× 75% <u> 600</u>
Total equivalent unit <u>1,425</u>
Note the opening inventory has 50% work done last period so the balance of 50% i.e (100 - 50) is completed this period
Answer: Participation strategy
Explanation: Participation strategy refers to the strategy in which the management tries to make all the individuals in a group to collectively work for the accomplishment of a goal. It refers to associate the workers in an objective to give them a sense of superiority and belongingness towards that goal.
In the given case, Gilbert is trying to make the employees to fell the awareness towards the project by taking their ideas ans suggestions into consideration.
Hence from the above we can conclude that the correct option is E.
The net present value of this lockbox arrangement is $1,205,378.06.
Since you are considering implementing a lockbox system for your firm, and on an average day, your firm receives 1,370 checks with an average value of $ 880 each, and the daily interest rate on Treasury bills is 0.01 percent, and the bank charge per check would be $ 0.25, to determine what is the net present value of this lockbox arrangement, the following calculation must be performed:
- ((1370 x 880) x 1.0001) - (1370 x 0.25) = X
- 1,205,720.56 - 342.5 = X
- 1,205,378.06 = X
Therefore, the net present value of this lockbox arrangement is $1,205,378.06.
Learn more about maths in brainly.com/question/25903947
Answer:
Using LIFO:
TOTAL Sales : $19,875,500
COGS = $11,021,250
GROSS PROFIT = $8,853,750
Explanation:
KINDLY CHECK ATTACHED PICTURE
