Answer:
The total equivalent units for direct materials for October is 4,200
Explanation:
The Concept of Equivalent Units measures the number of units completed in terms of input element introduced in the process.
The Equivalent Units are Calculated on the units ending that is on the Units Completed and Units of Closing Work in Process
Note that materials are added at the beginning of the process
<u>Units Completed</u>
Are 100% complete in terms of Raw Materials
Equivalent units = 3900 × 100 % = 3900
<u>Units of Closing Work in Process</u>
Are 100% complete in terms of Raw Materials
Equivalent units = 30 × 100 % = 300
Total Equivalent Units = 3900+300 = 4,200
Ur at a 50:50 chance of getting right. Just guess :p
<span>An opportunity cost is the value or benefit that must be given up to acquire or achieve something else. In this case whatever you choose (Coke, Dr.Pepper or 7-UP) everything would be free , at zero cost. This means that the opportunity cost in this case is zero, because the drink is free.</span>
Answer:
In every form of analysis, it is always safer to take a macro or holistic view of the situation. This is true for the investment performance of a manager. One investment decision that went right does not suffice to classify an investment portfolio manager as proficient, neither is one that went south enough to tag him deficient.
The forecasting ability of managers, on the balance of probability, will vary for different cases, with a helicopter view of providing a more accurate measure of their performance.
However, if it was possible to analyse the market for volatility and adjust our forecasts it becomes unnecessary to look at and analyse all the information from a 12-month cycle before coming to terms about the performance of the manager.
Cheers!
Answer:
B : an entry on the left side of an account.
Explanation:
There are two terms i.e debit and credit.
The accounts that reported as an expense, losses, assets are recorded in the left-hand side of an account as it contains the debit balance.
While the account reported as a revenue, gains, liabilities & stockholder equity are recorded in the right-hand side of an account as it contains the credit balance.
