Answer:
c. Does not consider the degree of completion of beginning work in process inventory when computing equivalent units of production.
Explanation:
The average cost method of process costing differs from the FIFO method of process costing in that it does not consider the degree of completion of beginning work in process inventory when computing equivalent units of production.
The average method Equivalent units of Production include goods transferred out and ending inventory whereas FIFO method Equivalent units of Production include goods transferred out ,ending inventory and beginning inventories as well.
FIFO accounts only for the current period costs whereas average costs account for average cost on the whole.
I believe the correct answer to this question is:
“Tee violated the ethical guideline of having a
responsible goal for a speech”
<span>An informative speech should not be mixed with personal
interests. In this case, Tee was like already advertising the product of their
company which is not ethical.</span>
Answer:
The answer is given below;
Explanation:
1.$6,000,000/120,000=$50*25,000=$1,250,000
2.this method is called units of digits method for depletion.
The accounting treatment shall be;
Depletion Expense Dr.$1,250,000
Accumulated Depletion Cr.$1,250,000
When the asset will retire, the accumulated depletion will be eliminated with corresponding effect to mine
In the context of management skills, Abram has strong technical skills.
<h3><u>
Explanation:</u></h3>
Skills are very essential for the determination of success of a person in his career. There are many skills such as interpersonal skills, communication skills, technical skills, management skills,etc. The skills that are very essential in performing certain tasks refers to the technical skills. These are associated with IT, math and science.
In the scenario given, Abram who is a manger in Runa Marcus Corp.,. Apart from his managerial skills he possess creative writing skills and expertise in photo-editing software. Thus he has stuffs in doing specific task such as working with photo-editing software. Thus, he has strong technical skills.
The correct answer is letter C
