Answer:
$4.00
Explanation:
Data provided:
Direct material costs in beginning Work-in-Process Inventory = $500
worth of materials is added during the month = $1,500
Equivalent units for direct materials = 500 units
Now,
the total cost incurred
= Direct material costs in beginning Work-in-Process Inventory + worth of materials is added during the month
= $500 + $1,500
= $2,000
Now,
The Cost per equivalent unit for direct materials
= 
The Cost per equivalent unit for direct materials = 
or
The Cost per equivalent unit for direct materials = $4.00
Answer:
The fifth step in interview process is wrapping up.
Explanation:
Interview Process involves five steps which are as follows:
1. Introduction: The first of the process is introduction in which both the company and candidate introduces themselves.
2. Small Talk: After introduction, the next step is small talk between the interviewer and interviewee. It is helpful to develop relationship between them.
3. Information Gathering: After small talk, interviewer asked the candidate to present himself, so that they can know how much candidate is prepared for the interview.
4. Question/Answer: In this step, the interviewer start asking question relating to the post applied by the candidate. In case, the interviewer asked tough question to the candidate, he should be honest or truthful about the same.
5. Wrapping Up: The last step is to end the interview with the handshake. It makes an impression about the company culture.
Thus, as per the interview process the fifth step is Wrapping Up
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
The correct answer is that Mark's opportunity cost of holding cash is higher
Explanation:
Opportunity cost is nothing but the value of the next best alternative that a person has given up , when that person had the choice of selecting between any number of options. You will not find this cost to be shown in your financial statements or balance sheets but this cost is very important in telling which option is the best to use or more profitable for a person or company.
In this question the reason why Mark uses ATM more frequently is because for him the opportunity cost for him in holding more money in hand is high as compared to the Jim whose opportunity cost of holding more money in hand is less , which means he is not not going to miss out on much of the opportunity. The reason why the opportunity cost is high for Mark is because of high rate of interest in his country , if Mark holds more money in hand then the amount of money he is going to lose on interest that he would have gained by keeping the money in bank will be high which means his opportunity cost of holding money is high.
The executive team, the administration board and the shareholders meet with the rest of the departments when there is need to adress matters concerning the firms productivity
