Solicited business proposals are executed in reaction to a purchaser's want, at the same time as unsolicited proposals are used to market it to capacity customers.
It is an internal suggestion due to the fact it's miles from a worker in the organization. And unsolicited due to the fact this is an idea that became an independent idea up and the employee now desires to endorse this idea to the top of the employer.
The advent of an unsolicited proposal consists of a statement of the hassle or opportunity that the concept addresses to reinforce the argument stated in the record.
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Answer:
a. $8,200
Explanation:
The same accounting principles would be applied to non-profit entities while recording their assets as applied to other entities.
Non-profit entity would record its assets at fair value same as assets are recorded by other entities.
Consolidation Rules Under GAAP
The general rule requires consolidation of financial statements when one company’s ownership interest in a business provides it with A MAJORITY OF the voting power- meaning it controls more then 50% of the voting shares
Answer:
total value of ending WIP inventory: 8,400
Explanation:
unit material cost: 5.00 dollar
ending work in proces inventory
materials equivalent units:
1,500 x 100% = 1,500
as the mateirals are added entire at the beginning of the process:
material cost: 1,500 x 5 = 7,500
conversion
1,500 x 20% = 300
300 x 3.00 = 900
total value of ending WIP inventory:
materials 7,500
conversion 900
total 8,400
