Answer:
e. 225,000 materials; 195,000 conversion.
Explanation:
direct materials
beginning WIP inventory = 0%*50000
= 0
started and completed = 150000*100%
= 150000
ending WIP inventory = 75000*100%
= 75000
equivalent units = 0 + 150000 + 75000
= 225000
conversion
beginning WIP inventory = 50000*60%
= 30000
started and completed = 150000*100%
= 150000
ending WIP inventory = 75000*20%
= 15000
equivalent units = 30000 + 150000 + 15000
= 195000
Therefore, The equivalent units for direct materials and conversion respectively for May is $225,000 and $195,000 respectively.
Answer:
$5,775
Explanation:
The computation of the interest payment is shown below:
= Note payable amount × rate of interest × number of months ÷ total number of months in a year
= $110,000 × 9% × 7 months ÷ 12 months
= $5,775
We simply multiplied with the note payable , interest rate, and the given number of months to find out the interest expense
And, the seven months is calculated from June 1, 2013 to December 31, 2013
Answer:
A. $90,800
B. $87,575
Explanation:
Calculation to determine Daniel's gross income and his AGI
A. Calculation for the Gross income using this formula
Gross income=Salary income + Net rent income + Dividend income
Let plug in the formula
Gross income= $87,000 + 2,500 + 1,300
Gross income=$90,800
Therefore her Gross income is $90,800
B. Calculation to determine the AGI using this formula
AGI=Gross income - (Contribution to traditional IRA + Loss on sale of real estate)
Let plug in the formula
AGI= $90,800 - ($2,400 + $825)
AGI=$90,800-$3,225
AGI=$87,575
Therefore her AGI is $87,575
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Ans: its true
Answer:
A. no
Explanation:
If there is no tax rate per CDminusRom, to import it will cost less. It is easier when there is no tax rate attached. Therefore, The United States will import 3 million CDminusRom drives if ____NO____ tax per CDminusRom drive is levied on imported CDminusRom drives. Hence, the answer is A
