Explanation:
The computation of the ending inventory and the beginning inventory is shown below:
Ending inventory is as follows
December = 438,00 units × 5.5 gallons × 15% =
= 36,135 units
January = 41,000× 5.5 gallons × 15%
= 33,825 units
February = 50,250 units × 5.5 gallons × 15%
= 41,457 units
And, the beginning inventory for January is December ending inventory i.e 36,135 units
What should be paid attention to as regards financial aid costs is the amount of money and hours you can earn through work-study.
<h3>What is Financial aid?</h3>
Financial aid serves as a monetary help that can be received by a student from an organization or government.
This aid can help students for their college or career school, which can be inform of a Grants or work-study for academic success.
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The managers, who have been promoted from the flight line, have such a difficult time performing in their new management role because "early in their careers, new aviation managers concentrated on honing their piloting abilities."
<h3>Who is aviation manager?</h3>
The division in charge of planning operations at such an airport, airline, or other aviation-related businesses is known as aviation management. Customers service, aviation maintenance, flight logistics, and airline marketing are just a few of the specialties of industry experts.
Some roles of aviation manager are-
- ensuring that the business operates safely and effectively ensuring that the flight schedules are followed
- monitoring inspection schedules and operations, keeping records of aircraft maintenance
- monitoring and verifying compliance with legal and statutory requirements
- hiring and firing personnel helping the repair and maintenance team with flight preparation going through and evaluating aircraft accident reports
- keeping abreast with the newest aviation regulations, rules, standards, and laws
- coordinating closely with emergency crews to keep an eye on the weather and foresee any problems with aviation operations
- identifying issues with airline or airport services
- identifying areas for improvement and creating a plan of action to improve efficiency
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The financial aid that is given based on the financial status and background of the family of a person is termed as Need Based Aid. Need Based Aid and Need based scholarships are offered by a wide range of institutions to help financially weak families and individuals.
Therefore, the correct answer is
Option D) Need Based
Answer and Explanation:
The computation of the equivalent units of productions for material and conversion is shown below:
Particulars Materials Conversion costs
Units transferred out 14100 14100
Add:
Ending work in process 4400 2640
(4,400 × 60%)
Total equivalent
units of production 18500 16740