Answer:
It is not formally recorded in the accounting record of the parent company if the subsidiary retains its incorporation.
Explanation:
IFRS 3 explains business acquisition as the taking over the control of an existing business by another with the acquired assets measured at the fair value at the date of transaction.
The combining of interest method has ceased to be considered by GAAP since 2001.
That means a subsidiary has to lose its incorporation for full acquisition or rather treated as an investment by the acquiring company.
Answer:
microeconomics: The study of the behavior of individual households and firms in making decisions on the allocation of limited resources. Macroeconomics: The study of the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.
Explanation:
Answer:
cost of units completed for Direct material =$152,000
Explanation:
given data
direct materials EUP cost = $4.00
Number of units = 38,000
conversion EUP cost = $2.50
solution
we get here cost of units completed for Direct material that is express as
cost of units completed for Direct material = direct materials EUP cost × Number of units .................1
put here value and we will get
cost of units completed for Direct material = $4 × 38,000
cost of units completed for Direct material =$152,000
