Answer:
a. The value of inventory declines below cost.
Explanation:
- The inventory values are the total cost of the value calculated at the ends of the inventory accounting period and the market value is compared by the lowering of the inventory costs.
- For each type of the item the net realized values cause a loss in the values of the inventory which needs to be recognized.
Answer:
a. The equivalent units for materials using the weighted-average method 223432 gallons
b. The equivalent units for conversion costs using the weighted-average method 218714 gallons
Explanation:
The Concept of Equivalent units needs to be first defined.Equivalent Units in process costing is the number of units in terms of completion stage or percentage of a certain input element in the process.
<em>Step 1 Calculate the Units of Closing Work In Process</em>
Hint: Units IN must equal units Out
Units of Closing Work In Process = Units of Opening Work In Process + Units Started during the year - Units of Closing Work In Process
Therefore Units of Closing Work In Process = 43300+235400-211300
= 67400 units
<em>Step 2 Calculate the Equivalent Units of Materials</em>
Closing Work In Process ( 67400×18%) = 12132
Completed and Transferred Out ( 211300×100%) = 211300
Total 223432
<em>Step 3 Calculate the Equivalent Units of conversion costs</em>
Closing Work In Process ( 67400×11%) = 7414
Completed and Transferred Out ( 211300×100%) = 211300
Total 218714
Answer:
$0.86
Explanation:
Earnings per Share = Earnings attributable to holders of Common Stock ÷ Weighted Number of Common Stocks Outstanding.
where,
Earnings attributable to holders of Common Stock = $163.82 million
and,
Weighted Number of Common Stocks Outstanding = 191.33 million
Therefore
Earnings Per Share = $163.82 million ÷ 191.33 million
= $0.86
Answer:
enter and right and left and increase
Explanation:
and those are my answer
