What is the smallest level at which life may exist

The Converting Department of Osaka Napkin Company uses the average cost method and had 2,000 units in work in process that were

Delvig [45]

Answer:

Equivalent Units

Material cost = 26,560

Conversion Cost= 25,540

Explanation:

We would assume the company uses weighted average method of valuation.

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.

Equivalent units = Degree of completion (%) × Number of units

Material cost

Item Unit Equivalent unit

Completed 25,200 100% ×25200 = 25,200

Closing WIP 1,360 100%× 1,360 1360

Total equivalent units 26,560

Conversion Cost

Item Unit Equivalent unit

Completed 25,200 100% ×25200 = 25,200

Closing WIP 1,360 25%× 1,360 340

Total equivalent units

3 0

3 years ago

Suppose social security contributions rise by $1 billion while social security benefits also rise by $1 billion. Further, per

Nadya [2.5K]

Answer:

The answer will be A

Explanation:

As the social security contributions and benefits remain the same in proportion, personal and national income will remain the same.

As disposable income is defined as personal income-personal taxes, and the personal income taxes fall by 500 million (included in the contibutions), this would mean that the disposable income increases.

8 0

4 years ago

Anjou Company had 10,000 shares of common stock outstanding at December 31, 2018 and 14,000 shares of common stock outstanding a

mixas84 [53]

Answer:

The correct answer is $23,33 per share.

Explanation:

According to the scenario, the given data are as follows:

Net income for 2019 = $280,000

Number of shares in 2018 = 10,000

Number of shares in 2019 = 14,000

So weighted average number of shares = (10,000 + 14,000) ÷ 2

= 12,000

So, we can calculate the earnings per share by using following formula:

Earning per share = Net income for 2019 ÷ weighted average number of shares

By putting the value, we get

$280,000 ÷ 12,000

= $23.33 per share

8 0

3 years ago

What is an example of delayed purchasing

Tcecarenko [31]

Answer: Paying for a refrigerator in a year and receiving the refrigerator in. a year. ... Paying for a refrigerator in a year and receiving the refrigerator

8 0

3 years ago

Briefly explain how a poor country might benefit from foreign portfolio investment or foreign direct investment.

Anika [276]

A poor country might benefit from foreign portfolio investment or foreign direct investment as they will get new varieties of capital inputs through FDI, it will also benefit by getting human capital development, and more and more profit will be generated through taxes.

Foreign direct investment allows the transfer of technology in the form of new varieties of capital inputs, FDI also promotes a higher level of competition in the domestic market of inputs.

Recipients of FDI or we can say the poor country generally gain employee training in the course of operating the new businesses, which leads to a human capital development in the host country.

Profits are also generated by the FDI always contribute to corporate tax revenues in the host country or the poor country.

To know more about Foreign direct investment here:

brainly.com/question/14190429

#SPJ4

3 0

2 years ago