Answer:
Equivalent units for material = 294,500 units
Equivalent units for conversion cost=225,225 units
Explanation:
<em>Equivalent units for conversion cost</em>
completed unit = 100% × 213,000
Closing work in progress = (15% ×81,500)
Equivalent units for conversion cost = (100% × 213,000) + ( 100% × 213,000)
= 225,225 units
<em>Equivalent unit for Materials </em>
completed unit = 100% × 213,000
Closing work in progress = (100% ×81,500)
(100% × 213,000)+ (100% ×81,500) = 294,500
Answer:
It is either Human Resources Managment or Business Information Management
You would record this transaction into the accounting equation by: increasing cash and decreasing accounts receivable
<h3>
What is accounting?</h3>
Accounting refers to the process of keeping track of a company's financial transactions. Summarizing, analyzing, and reporting these transactions to oversight organizations, regulatory bodies, and tax collection organizations are all parts of the accounting process.
The financial statements that are used in accounting provide a succinct overview of all financial transactions that took place during a given accounting period, including information on a company's operations, financial situation, and cash flows.
One of the essential duties in practically any firm is accounting. In a small business, it might be handled by a bookkeeper or an accountant; in larger corporations, it might be handled by vast financial departments with dozens of staff members.
Management may greatly benefit from the data produced by different streams of accounting, including cost accounting and managerial accounting, in order to make wise company decisions.
Learn more about accounting
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Answer:
12
Explanation:
Calculation to determine Determine the company's price-earnings ratio
First step is to calculate the Earnings per Share
on Common Stock
Earnings per Share
on Common Stock = ($410,000 – $60,000) ÷ $50,000
Earnings per Share on Common Stock = $7
Now let calculate thecompany's price-earnings ratio
Price-Earnings Ratio = $84÷$7
Price-Earnings Ratio = 12
Therefore the company's price-earnings ratio is 12
