Franchising is the practice of paying a company to use its name, resources and operation systems.
Answer:
Equivalent Units Materials 1700 Conversion 2630
<u>Cost per EUP Materials:</u> 38.308 Conversion : 19.55
Explanation:
The weighted average method can be calculated using the beginning inventory and the units started .
Kahil Mfg
Weighted Average Method
Particulars Units % Of Completion Equivalent Units
Materials Conversion Materials Conversion
Beginning
Inventory 400 70 85 280 350
<u>Units Started 3800 40 60 1520 2280 </u>
<u>Equivalent Units 1700 2630</u>
<u />
Beginning WIP Inventory costs
Direct material Conversion
$ 4,349 4,658
Current period costs
<u> 60,775 46,750 </u>
<u>Total Costs 65,124 51,408 </u>
<u />
<u>Cost per EUP</u>
65,124/1700 51,408/2630
38.308 19.55
Answer:
You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of your balance will remain?
The percent balance will remain 90%
Explanation:
$1725.25 - $167.50= $1557.75
percentage left= 1557.75/1725.25 X 100
percentage left= 90.291= 90.30%
Answer:
$428,000
Explanation:
The only movement that impact the total assets it's:
Kirk Corporation acquired equipment costing $3,000, promising to pay cash for it in 60 days.
Due to the equipment was finance by the supplier by 60 days it has a positive impact on assets and liabilities.
The others transactions:
- Kirk Corporation purchased $1,750 of supplies for cash, it has no impact because the supplies was paid with cash, so the impact on assets is zero.
- The land had cost $7,500 and it was sold for $7,500 cash. The land it's a long term assets that was sold for cash, so it was converted to current assets in money.
- Kirk Corporation signed an agreement, the impact it's in the next month, so it has no impact the current month analized.
Answer:
THEIR FACTOR OF PRODUCTIVITY will increase.
