When using process costing, labor and overhead can be added in any department. Any system for allocating costs to a component of a firm is referred to as costing.
Costing is often used to establish expenses for customers, distribution channels, personnel, geographical regions, product lines, processes, subsidiaries, and entire businesses. As defined by cost accounting, "a structured approach to recording and reporting measurements of the costing associated with providing services and producing things, both overall and in detail. It includes techniques for identifying, categorizing, allotting, aggregating, and reporting such costs as well as contrasting them with average costs."
One of the executive divisions of the federal government of the United States is the Department of Labor. Labor is in charge of enforcing federal laws that deal with things like wage and hour requirements, unemployment compensation, services, and even economic statistics.
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Answer:
80 % of materials ; 43 % of conversion costs
Explanation:
The FIFO method traces equivalent units for materials and conversion costs for the following categories :
- Opening Work in Process units
- Units started and completed
- Ending Work in Process units
So the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).
All these physical units need to be expressed to the percentage of work done on them - equivalent units.
The question is focusing on Number 3 - Ending Work in Process units. So 80 % of materials and 43 % of conversion costs were added during October for these units.
Answer:
The WACC can be calculated as below;
Explanation:
WACC=E*rs+D*rd+D2*rps/(E+D+D2)
Where E=$250 million
rs=14%
D=$300 million
rd=7%
D2=$50 million
rps=5.8%
Now putting above values in the given formula we get;
WACC=250*14%+300*7%+50*5.8%/(250+300+50)
WACC=$58.9 million/$ 600 million
WACC=9.82%
Conclusion. A conclusion is used to summarize everything covered during the report. Essential. A glossary is not necessary, a biography is about yourself not the topic you are reporting/researching. And an executive summary is not needed when you have an introduction and a conclusion. Therefor conclusion is the correct answer.
Answer:
A safety protection clause in a listing agreement entitles the real estate broker or agent to a commission after the listing expires or is canceled. This applies when the final buyer was brought to the deal by the broker.
