Answer:
$932 per unit
Explanation:
The computation of direct materials cost per equivalent unit is shown below:-
Work in process ending 100% complete in material = 840 + 290
= 1,130
Total cost = Direct material + Direct materials costs added during March
= $346,000 + $707,500
= $1,053,500
Material Equivalent unit cost = Total cost ÷ Units to account for
= $1,053,500 ÷ 1,130
= $932 per unit
Answer:
Cash and equivalents $700 Debit*
Accounts Receivables $700 Credit*
Explanation: The cash represents a debit because we are receiving the cash from a sale already made and the credit is made accounts receivable, because the product was previously sold only that a payment term was given to the person who is currently fulfilling, then the account receivable becomes cash as part of the company's operating cycle.
Publications reporting total return data for investment should use the recommended reporting period of 1 year, 5 years, and the lesser of 10 years of the life of the investment
The definition of investment is an asset that is purchased or invested to build wealth and save money from hard-earned income or capital appreciation. The importance of investment is primarily to gain an additional source of income or to make a profit from the investment over a period of time.
Time deposits are primarily investments in banks. A fixed interest rate is paid and the original investment funds are returned to the depositor at maturity. Example: Mr. B deposited her $1 million in her XY bank. XY Bank pays interest at 10% per annum.
Investments generally fall into three main categories: stocks, bonds, and cash equivalents. Each bucket has different types of investments. Here are six types of investments you can consider for long-term growth and what you need to know about each.
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Answer:
The value of shareholders' equity is -$300
Explanation:
Shareholders' equity is the corporation's owners' residual claim on assets after debts have been paid.
Total assets= Total liability + shareholders' equity
Shareholders' equity = Total assets - Total liability
Shareholders' equity = $5,800 - $6,100
Shareholders' equity = -$300
Answer:
Advantages of buying business premises
There are considerable advantages to securing a mortgage to buy business premises, including:
- your mortgage repayment is likely to be similar to or less than a rental payment on the same property
- with a fixed rate mortgage, your monthly repayments will be predictable
- you aren't exposed to any sudden, large rent increases
- you may be able to sublet any free space, reducing your monthly repayments (you may require permission from your lender to do so) and allowing you to generate extra income
- interest payments on a commercial mortgage are tax-deductible
- any gain in value of the property will increase your capital
- as your business grows, you may be able to extend your existing premises, avoiding relocation costs
- you have control over what alterations you want to make to your office space
Disadvantages of buying business premises
The disadvantages of buying business premises include the following:
- Unlike renting, you'll need to come up with a substantial mortgage deposit - this is money that might be used for more important business purposes.
- If you own premises, you may find it harder to relocate your business, because selling business premises is a complex and sometimes lengthy process. If you rent, you may be able to negotiate to end your rental agreement, or to find another organisation to take over your tenancy at short-notice.
- If you have a variable rate mortgage, you are exposed to increases in interest rates.
- Owning a property means you'll be responsible for factors such as maintenance, fixtures and fittings, insurance, decoration and security, which can prove expensive.
- Repaying a commercial mortgage
- Commercial mortgage fees and costs
- Book traversal links for Advantages and disadvantages of buying business premises
Explanation:
