Answer:
For conversion costs, the equivalent units of production are 1,610 units. The right answer is B
Explanation:
According to the given data we have the following:
begging work in progress = 280 units
units started=1450 units
Therefore, total input= 280 units + 1450 units
Total input = 1730 units
There is end work in process of 120 units
Therefore, the equivalent units of production are=Total input-end work in process
The equivalent units of production=1,730 units-120 units
The equivalent units of production=1,610 units
For conversion costs, the equivalent units of production are 1,610 units
Answer: Sales of inventory
Explanation:
Lizzie has been given an express permission to sale Inventory.
Answer:
a)$27,000
b)$32,000
c)$130,000
Explanation:
a) In case of business inventory donation,the charitable contribution deduction will be lesser of:
i) Basic × 2 = (24,000×2)= 48,000
ii) Basic +(FMV-Basic)× 50% = (24,000) +(30,000 -24,000)×50%= $27,000
It is standardized.No further explanation require
b)Since intangible property gets the FMV(Fair Market Value).Stock is considered capital gain or investment property,Therefore value at FMV.
It is standardized, no further explanation required.
c)since it is a capital gain or investment property.Therefore value at FMV,
It is standardized no further explanation required
Answer:
decrease; increases
Explanation:
The principles of demand and supply occurs here.
For example, The effects of a change in supply of reserves on demand is evident when supply of reserves increases and in turn the reserves get cheaper. This will make banks want more of reserves because it benefits them.
However, reverse is the case of the interest rates decreases.
The Current yield on the bonds are calculated as :
Current yield = Annual coupon payments/ Current price
Here, we assume the face value of the bond to be $1000
Annual coupon payments are 10.6% of the face value or 0.106*1000 = 106
Current price = 108.1% of the face value = 1.081* 1000 = 1081
Current Yield = 106/1081
Current Yield = 0.098057 = 9.8057%
Current Yield = 9.81% (Rounded to two decimals)