Answer:
$37,654.00
Explanation:
beginning WIP = $13,000 + $10,000 = $23,000
costs added during the month = $42,000 + $46,000 = $88,000
total materials costs = $55,000
materials cost per EUP = $55,000 / 24,000 units = $2.29
total conversion costs = $56,000
conversion cost per EUP = $56,000 / 19,000 = $2.95
ending inventory = (10,000 x $2.29) + (10,000 x $2.95 x 50%) = $37,650
Answer:
$50,800
Explanation:
Security Cost Fair value Gain(loss)
X 371,000 343,500 -27,500
Y 185,000 162,400 -22,600
Z <u>424,000</u> <u>407,800</u> <u>-16,200 </u>
Total <u>980,000</u> <u>913,700</u> <u>-66,300</u>
Unrealized holding loss on Income statement ended June 30,2021 = $66,300 - $15,500 = $50,800
Answer:
commission to both brokers N and K.
Explanation:
Broker N is entitled to a sales commission because he/she sold the property. But broker K is also entitled to a commission because an exclusive right-to-sell agreement allows him/her to collect a commission no matter who sells the property. The only exception to the agreement would be if the seller himself/herself sold the property, but that is not the case here.
Answer:
$11 billion annually.
Explanation:
Firms carried out assessments based on their daily activities as well as employee assessment.
Employees in firms are assessed based on their productivity level, rate at which they are absent from work as well as their turnover rate in the firm.
Low productivity can be defined as a decrease in the production capacity of a firm due to the inefficiency of workers.
Absenteeism can be defined as when a person is not present at work. This may be due to genuine or deliberate reasons.
Employee turnover can be defined as the number of employees who leave a firm and are replaced with new employees.
Low productivity, consistent absenteeism and employee turnover rates are said to cause firms to lose a lot of money due to:
a. Payment of salary for absent workers
b. Having to find replacement for absent staffs.
c. Low productivity due to lack of or absent staffs.
It is estimated that firms lose $11 billion annually in productivity, absenteeism, and employee turnover due to caring for aging parents.
In order to minimize the difficulty associated with meeting monthly loan payment, the debt service ratio should be : Below 35 %
This Ratio showed that your annual monthly income still able to cover up your loan payments after considering your housing and other expenses for your daily lives