Controls The nations Money supply
B would be the answer well thats what my teacher and parents told me any way
Prime cost=direct material+direct labor
Direct material 150000
Direct labor 200000
So
Prime cost=150000+200000
Prime cost=350000
Hope it helps!
<u>Answer: </u>Option B
<u>Explanation:</u>
In this case Alber Miano had created replica of the invoices and has forged the contractor's signature. The hours of the trade contractors work was changed slightly. Due to the failure of the internal controls Miano was able to indulge in fraudulent activities in a bolder manner.
Through an internal audit Miano's activities were found out by the auditor and the vice president. Then Miano accepted that he was guilty and only showed less than half the amount spent on tangible assets from the accumulated fraudulent activities for four years.
Answer:
a. 15,650
Explanation:
Department E
FIFO Equivalent Units
Particulars Units % of Completion Equivalent Units
Materials Conversion Materials Conversion
Units Complete 15000 100 100 15000 15000
Add Ending Inv 3000 100 70 3000 2250
less
<u>Beginning Inv. 4000 100 40 4000 1600</u>
<u>Equivalent Units 14000 15650</u>
<u />
<em>The equivalent units for materials using FIFO are 14000 and for conversion are 15650.</em>
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<em>In FIFO we add the completed units with the % of complete units in the ending inventory and subtract the beginning Work in Process Opening Inventory % complete units. </em>
<em>We need to calculate the units first transferred out.</em>