Answer:
a. The number of whole units to be accounted for and to be assigned costs for the period is 17,000 units
b. The number of equivalent units of production for the period is 16,160 units
Explanation:
a. The computation of the whole units assigned for the period is shown below:
= Units completed and transferred + ending units of work in progress
= 15,800 units + 1,200 units
= 17,000 units
b. The computation of the equivalent units are shown below:
= (Units completed and transferred × percentage of completion) + (ending units of work in progress × percentage of completion)
= 15,800 units × 100% + 1,200 units × 30%
= 15,800 units + 360 units
= 16,160 units
Answer:
A) $792,000
Explanation:
33,000 shares of common stock
issued at:
market value 24 dollars
face vale 1 dollar
additional paid-in 23 per share
<u>Equity:</u>
<em>Common Stock </em>
33,000 shares x 1 = 33,000
<em>Additional Paid-in capital</em>
33,000 shares x 23 = 759,000
Total capital 792,000
The total paid-in capital will be the sum of both, the common stock and the paid-in capital in excess of par.
A note payable is a financial document considered a liability that represents that it records that the company that signs it has the obligation to pay on the specific date.
<h3>What is a note payable?</h3>
It is a document that commits its issuer (the company) to pay a certain amount, within a specific period.
Its characteristic is the exchange action, which refers to the document being returned to the subscriber in exchange for payment.
Therefore, we can conclude that a note payable is a financial document considered a liability that represents that it records that the company that signs it has the obligation to pay on the specific date.
Learn more about a note payable here: brainly.com/question/25738368
