Answer:
Explanation:
opening wip 100
Started 1000
1100
completed -800
closing wip 300
Using weighted Average process cost Table
cost opening current Total complete Wip equivalent Cost
head cost Units p.unit
material 1000 4500 5500 800 300 1100 5
CC 3960 21520 25480 800 180 980 26
30980 31
A) equivalent units of service (production ) for materials and conversion costs.
material 1100
CC 980
B)
unit costs
material 5
CC 26
31
Complete 800 31.00 24,800
Closing Wip
Material 300 5.00 1,500
Labour 180 26.00 4,680
6,180
Total Cost 30,980
The correct option is D. You withdraw cash from your bank account which is an event that directly involves the Federal Reserve.
The Fed removes limits on house loans for borrowers who have student loan debt in an effort to spur economic development.
<h3>
What events led up to the Federal Reserve law?</h3>
The frail banking system was devastated by bank runs following a particularly bad panic in 1907, which finally prompted Congress to draft the Federal Reserve Act in 1913. In the beginning, the Federal Reserve System was established to deal with these banking panics.
The Federal Reserve carries out general duties such as managing the country's monetary policy, supervising banking institutions, observing and defending consumer credit rights, preserving the stability of the financial system, and offering financial services to the federal government of the United States.
Thus, D is the right answer. You take money out of your bank account, which is a situation where the Federal Reserve is involved directly.
Learn more about Federal Reserve here:
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C. $18,644 is the correst answer. Hope this helped
Answer:
Typically, the purpose of capital expenditures is to expand a company's ability to generate earnings, whereas revenue expenditures include the operational costs of running a business and the maintenance costs that are necessary to keep the asset in working order.
Explanation:)
January February
Opening Cash Balance 47000 290700
Add: Collection from Customer 331800 378100
Collection of Notes Receivable 18000
Proceeds of Sale of Security 5400
Less: Payments for Purchases 106100 141100
Cash Dividend 12700
Cash Balance 290700 520400