Explanation:
The computation is shown below:
Material Cost per unit = Total Material Cost ÷ Equivalent units of production
= $35,500 ÷ 10,000 units
= $3.55
Conversion Cost per unit = Total conversion cost ÷ Equivalent units of production
= $54,000 ÷ 12,000 units
= $4.5
Total Manufacturing cost per unit = Material cost per unit + conversion cost per unit
= 3.55 + 4.5
= $8.05
The answer to this question is "CKO or the Chief Knowledge Officer". He, the CKO, helps the design programs and systems to find and discover new sources of knowledge or to make and produce better use of existing knowledge in the organizational and management processes. He is also the person assigned and responsible for firm's knowledge management program.
The word is called Broadcasting.
<span>A: to set interest rates</span>
Answer:
d. Shareholders equity increases $ 16,000
Explanation:
Two months rent needs to be adjusted. The total payment made was for $ 48,000 for a six month period. The monthly rent is $ 48,000/6 = $ 8,000
The adjustment amount is thus $ 8,000 * 2 months = $ 16,000
The adjusting entry is:
Rent expense Debit $ 16,000
Prepaid rent Credit $ 16,000
So this results in decrease in prepayment and an increase in rent expense. \Due to an increase in expenses, the net income decreases by the same amount.
The only option of increase in shareholders equity, is not valid as a reduction in net income shall result in a decrease in shareholders equity.
