Who supports Duncan Hunter?

Nebraska Company uses the weighted-average method in its process costing system. The first processing department, the Welding De

vfiekz [6]

Answer:

Cost per equivalent unit for conversion costs for the month = $8.262

Explanation:

The weighted average cost of valuation does not separate the opening inventory from the units newly introduced when accounting for completed units in a production period.

To determine the cost per equivalent units using Weighted Average Method, follow the steps below:

Step 1: Determine the equivalent Unit

Completed units = 25000+ 97000- 28000 = 94000

Workings Equiva. Units

Completed units 94000 (94000 *100%) = 94,000

Closing WIP 28000 (28,000 * 10%) = 2,800

Total Equivalent units 96,800.00

Step 2 : calculate total conversion cost

= 51820+747970= 799,790.00

Step 3 = Cost per Equivalent unit per conversion cost

Cost per unit = Total conversion cost/total Equivalent units

= 799,790.00 / 96,800.00

= $8.262

Cost per equivalent unit for conversion costs for the month = $8.262

7 0

3 years ago

Acort Industries owns assets that will have a 75% probability of having a market value of $52 million in one year. There is a 25

abruzzese [7]

Solution :

a). The current market value of the unlevered equity

$=\frac{75\% \times \$52 \text{ million} + 25\% \times \$22 \text{ million}}{1+10 \%}$

= $ 40.45 million

b). The market value of the equity one year from now is

$=(75\% \times \$52 \text{ million} + 25\% \times \$22 \text{ million})- \$18 \ \text{million}$

= $ 44.5 million - $ 18 million

= $ 26.5 million

c). The expected return on the equity without the leverage = 10%

The expected return on the equity with the leverage = $=10\% +\frac{ \$22 \text{ million}}{\$ 26.5 \text{ million}}$

= 0.93 %

d). The lowest possible value of equity without the leverage = $20 million - $ 18 million

= $ 2 million

The lowest return on the equity without the leverage = 10%

The lowest return on the equity with the leverage = 2 % as the equity is eroded.

8 0

2 years ago

Malcolm Figueroa is a sales employee of Carefree Pools and Spas, Inc. During 2017, he was issued a company car with a fair marke

nlexa [21]

Answer:

Check the explanation

Explanation:

As per publication 15-b Of employers tax guide fringe benefits provides you how to use lease value rules and when to use , The following question is answered according to it

Employee Name : Malcolm Figueroa

Annual Lease Method :

1 Fair market value of vehicle 35000

2 Annual lease value : 9250

3 Prorated Annual lease percentage 3600 / 22000 = 16.3636%

4 Prorated Annual lease Value: Annual lease value * Prorated Annual lease percentage = $

9250 * 16.3636% = 1513.633$

5 iF FUEL PROVIDED BY EMPLOYER ENTER MILE 3600 * 5.5cents = 198$

Total fuel charges = 198$

6 Total personal Use Taxable income 1513.633 + 198 = $1711.633

Kindly check the attached image below to see the well arranged accounting entry above.

First we will find the annual lease value from table given by using fmv of automobile i.e for 35000 its 9250

Now we will Multiple annual lease value by % of personal driven by employee

which is calculated by 3600/22000*100= 16.3636%

9250*16.3636%= 1513.633

So this the personal usage vehicle which will be added = $1513.633

And we will add the fuel cost to this amount which is = 3600*5.5cents= $198

total personal use taxable = $1711.633

3 0

3 years ago

Read 2 more answers

Which is a hospital payment monitoring program that contains hospital-specific administrative claims data for a number of CMS-id

Eva8 [605]

First-Look Analysis for Hospital Outlier Monitoring (FATHOM) is a hospital payment monitoring program that contains hospital-specific administrative claims data for a number of CMS-identified problem areas to compare their performance with that of other hospitals.

A Microsoft Access program called FATHOM: First-Look Analysis Tool for Hospital Outlier Monitoring enables CMS to give each State hospital-specific Medicare claims data statistics that show regions with a high payment mistake rate. These target area data act as proxies for payment mistake rates.

An observation that differs greatly from the other data in its set is considered an outlier. To find these entries, an auditor will use a variety of methods, procedures, and tools. Data mining is one such tool that the auditor might use to evaluate information.

Learn more about FATHOM here brainly.com/question/992297

#SPJ4

8 0

2 years ago

Advantages of being able to apply Barnlund’s Transactional Model to their workplace communication.

quester [9]

The transactional model positions both communicators as senders and recipients who encode their own particular messages and unravel others' messages with regards to both communicators' individual and shared encounters. It is a reliant model, and every component exists in connection to the others.

7 0

3 years ago