Answer and Explanation:
The computation of the equivalent units of production for both materials and conversion costs is given below:
For material
= Units completed + ending work in process × completion percentage
= 7,700 + 2,100 × 0.75
= 9,275 units
And, for conversion cost
= Units completed + ending work in process × completion percentage
= 7,700 + 2,100 × 0.25
= 8,225 units
Real GDP this year using last year as the base year is
B) $700
Explanation:
- Last year, 10th DVDs were sold at $20 each and 5 DVD players were sold at $100 each, while this year 15 DVDs were sold at $10 each and 10 DVD players were sold at $50 each. Real GDP this year using last year as the base year is $700.
- Gross Domestic Product (GDP) is the monetary value of all finished goods and services made in a country during a specific period of time.
- The Gross Domestic Product calculates the real value of economic activity within a country.
- GDP is a number that shows the net worth of the output of a country in local currency.
- It represents the value of all goods and services produced in a specific time period within a country's borders.
- Gross domestic product (GDP) is the total value of everything produced in a country.
I would ask what is wrong with our current packaging? Why are we making revisions?
Also, what gain would be brought to the table with this new packaging?
Answer:
Budgeted balance sheet, cash budget, and the capital expenditures budget
Explanation:
The financial budget is the budget which reflects the financial position of the business organization. It used to determine the actual cash position with respect to the cash inflows and the cash outflows
Moreover, it includes three types of budget i.e budgeted balance sheet which shows the financial performance of the company with respect to the assets and liabilities, the cash budget which reflects the inflow and outflow position of cash and the cash expenditure budget which shows the amount spent for purchasing of the capital asset or the cost related to the asset
