The cash<span> method accounts for revenue only when the money is received and for expenses only when the money is paid out. On the other hand, the </span>accrual<span> method accounts for revenue when it is earned and expenses goods and services when they are incurred. ... </span>Accrual<span> accounting is the most common method used by businesses.</span>
Answer and Explanation:
The computation of the unit cost for material and conversion cost is shown below:
Material Cost per Unit is
= Total Material Cost ÷ Equivalent Units for Materials
,= ($7,700 + $66,801) ÷ (20,300 units)
= $3.67 per unit
And, the conversion cost per unit is
= (labor cost + overhead cost) ÷ equivalent units for conversion
= ($19,700 + $18,289) ÷ 18,900 units
= $2.01 per unit
Answer:
Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test scores are determined by positions. For example, the test scores for Cindy are 67, 92, 67, 43, 78. Drop the lowest of the five test scores for each student and average the rest and determine the letter grade for that student. Make sure your printout is the same as mine with the same column widths
lowest of the five scores is 43
dropping the lowest, the we have= 67, 92, 67 and 78
Average the rest= 67+92+67+78/4
Average= 76
The grade is A irrespective of the grading point used
Explanation:
Answer:
The Answer is d. the tendency for project scope to keep getting bigger and bigger.
Explanation:
A scope refers to all the work involved in creating the products of the project and the processes used to create them.
A scope creep refers to changes, continuous or uncontrolled growth in a project's scope, at any point after the project begins. This can occur when the scope of a project is not properly defined, documented, or controlled.
Hence the answer is d. the tendency for project scope to keep getting bigger and bigger.
Answer:
The annual dividend expected to be paid by the stock nine years from today (D9) is $11.27 per share.
Explanation:
Note: See the attached excel file for the calculations of annual dividends expected to be paid the stock for Years 1 to 9.
In the attached excel file, the following formula is used:
Current year dividend = Previous year dividend * (100% + Growth rate)
From the attached excel file, the annual dividend expected to be paid by the stock nine years from today (D9) is $11.27 per share (Note: see the bold red color under the Year's 9 Current Year Dividend).
