Answer:
False
Explanation:
The formula for equivalent units units as follows:
Opening Work in Process + Equivalent units on which the work is done - Closing Work in process = Units Transferred
Therefore, ideally,
Opening work in process - Closing work in process = Units transferred - Equivalent units on which work is done.
As adding all the cost incurred during the period to opening inventory of work in process, we get the total cost for the period, thereafter, deducting the cost allocated to closing work in process we get the value of goods produced and transferred.
<u>Therefore, above statement is false.</u>
Answer: "The rise in the price of a pair of running shoes will increase the supply of running shoes".
This statement is <u><em> false</em></u> because <em><u>a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes. </u></em>
This occurs as the price of a pair of running shoes increases,therefore decreasing the demand and thus the supply will not increase.
The futa taxes liable to be paid is 6.0% by both employers.
This amount is usually referred to as the federal or FUTA wage base. This may differ from state to state according to the state's rules. Thefuta taxes need to be filed by filling in Form 940.
The employee may have to deposit the futa tax before the employee files the return. The tax liability should be an amount of more than $500 for the calendar year. If this amount is lesser than $500 it should be carried forward to the next quarter. The employee needs to do this till the aggregate amount is equal to $500 after which it requires to be deposited.
If the date that we need to deposit the tax is not a business day then it should be deposited by the end of the next business day. If this process is followed it will be considered a timely payment.
1. Learn more about futa taxes here:
brainly.com/question/14860840
2. Learn more about Form 940 here:
brainly.com/question/15974551
# SPJ4
<span>Hallucinogens affect the users of it in composing judgment, distort time, distance and reaction time. It hallucinates a person or an individual's mind and causes various reactions. The answer to the question stated is affecting an individual's being or decisions.</span>
Answer:
A cardholder fails to make a minimum payment one month.
Explanation:
A credit card late-payment fee is the fee charged by a credit card issuer because the card holder fails to pay his debt at the minimum payment deadline. This fee can be very high up to $40 depending on the card issuer. Some card issuers charge very low payment fee or no payment fee at all, therefore if you know you are someone who forgets to pay debts at the due date use credit cards that charge low payment fees.