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3 years ago

EA1.

Business

1 answer:

Klio2033 [76]3 years ago

4 0

Answer:

22,600 units

Explanation:

The computation of the units started is shown below:

Ending work in process inventory units = Beginning work in process inventory units + units started - units completed and transferred

1,100 units = 0 units + units started - 21,500 units

1,100 units = units started - 21,500 units

So, the units started units would be

= 1,100 units + 21,500 units

= 22,600 units

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Five thousand bonds with a face value of $1000 each, are sold at 110. The entry to record the issuance is

Contact [7]

Answer:

Date, bonds sold at a premium

Dr Cash 5,500,000

Cr Bonds payable 5,000,000

Cr Premium on bonds payable 500,000

Explanation:

The total face value of the bonds is $1,000 x 5,000 bonds = $5,000,000

since the bonds were sold at 110, their price was $5,000,000 x 110% = $5,500,000

the difference between the face value and the actual market price = $5,500,000 - $5,000,000 = $500,000 must be recorded as premium on bonds payable (increases the bonds' carrying value)

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3 years ago

Consider an imaginary economy that has been growing at a rate of 6% per year. Government economists have proposed a number of po

Natasha2012 [34]

Answer:

11.67 years

Explanation:

The rule of 70 requires that in determining when the economy growth rate will double its current growth rate, the appropriate thing to do is divide 70 by the current growth rate of 6% per year.

The economy's growth rate of 6% has its percentage ignored when the calculation is carried out.

=70/6= 11.67

The current economy's growth rate would double in 11.67 years' time

8 0

3 years ago

What makes the demand for u. s. dollars change? in world demand for u. s. exports ______ the demand for u. s. dollars. a in the

stich3 [128]

Increasing world demand for U.S. exports increases the demand for U.S. dollars. A rise in the U.S. interest rate differential increases the demand for U.S. dollars.

The official money of the United States of America is the USD (United States dollar). One hundred cents make up one dollar, often known as the U.S. dollar. It is distinguished from other currencies based on the dollar by the symbol $ or US$.

A country's currency will be in great demand if its exports exceed its imports since more people will want to buy its products. According to supply and demand economics, prices increase and the value of the currency increases when demand is high. Generally speaking, a country's currency will appreciate at higher interest rates. Higher interest rates frequently draw foreign investment, which raises both demand for and the value of the currency of the host nation.

To know more about U.S. dollars refer to: brainly.com/question/26958108

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5 0

2 years ago

240 individuals are recruited in this trial, and the new treatment is effective on 60 of them. What is the p-value associated wi

larisa [96]

Answer:

Explanation:

Experiments were performed for 240 people, 60 people test positive.

Step 1: we calculate the sample proportion; p= 60/240= 0.25.

Step 2: calculate the standard error for the sample, which is the square root of sample proportion,p = p(1-p)/n, n=100

0.25(1-0.25)/100

= 0.04.

Step 3: calculate the test statistics; assuming the hypothesis test percentage is 25%

Then, we say 0.25-1=0.75

-0.75/0.04

= -1.875.

In particular, the sample results are -1.875 standard error.

Probability of Z is less than -1.875.

Look up it value in the Z table

3 0

3 years ago

Manufacturing builds playground equipment that it sells to elementary schools and municipalities. Schengen's management has cont

Julli [10]

Answer:

Volume variance $1,320 Favorable

Explanation:

The fixed overhead volume variance is the difference between the actual and budgeted production unit multiplied by the standard fixed production overhead cost per unit.

Standard fixed overhead cost per unit = $11×6 = 116

Units

Budgeted units 375

Actual units 395

Volume variance 20

Standard fixed overhead cost × $66

Volume variance  $1,320 Favorable

3 0

4 years ago