Answer:
A static budget is one that shows estimated revenues and costs at multiple activity levels.
True
Which of the following is not typically found in a decentralized organization?
Asset center
Explanation:
Revenue is the total amount of money on receives; it is used especially for companies. Revenue can come fom all kind of sources such as salaries, wages rent, product sales etc. In this case, the 800$ are Emily's revenue. However, income is the net amount of money that one gets at the end, the net result. Hence, 600$ are Emily's income after applying the tax deductions.
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Answer:
20,625 units
Explanation:
Calculation for the equivalent units of production
Using this formula
Equivalent units of production=Units completed+Ending work in process inventory
Let plug in the formula
Equivalent units of production=12,500+(12,500×65%)
Equivalent units of production=12,500+8,125
Equivalent units of production=20,625 units
Therefore the equivalent units of production for the month is 20,625 units.
