Answer:
93,760 units
Explanation:
For computing the equivalent units for conversion costs , first we have to compute the transferred units which is shown below:
= Transferred units - ending work in process inventory units
= 90,400 units - 1,600 units
= 88,800 units
Now the equivalent units for conversion costs equal to
= Beginning work in process inventory units × completed percentage + Transferred units × percentage of completion + ending work in process inventory units × percentage of completion
= 4,000 units × 100% + 88,800 units × 100% + 1,600 units × 60%
= 4,000 units + 88,800 units + 960 units
= 93,760 units
A joint-stock business in which shares of the company's stock can be bought and sold by shareholders....for more info
Joint-stock company
https://en.m.wikipedia.org/wiki/Joint-stock_company?wprov=sfla1
Answer:
Option (b) is correct.
Explanation:
Expected production = 20,000 labor hours
Actual production = 18,800 labor hours
Budgeted overhead = $400,000
Actual overhead = $384,000
![overhead\ application\ rate\ per\ direct\ labor=\frac{Estimated\ factory\ overhead\ cost}{Estimated\ direct\ labor\ hours}](https://tex.z-dn.net/?f=overhead%5C%20application%5C%20rate%5C%20per%5C%20direct%5C%20labor%3D%5Cfrac%7BEstimated%5C%20factory%5C%20overhead%5C%20cost%7D%7BEstimated%5C%20direct%5C%20labor%5C%20hours%7D)
![overhead\ application\ rate\ per\ direct\ labor=\frac{400,000}{20,000}](https://tex.z-dn.net/?f=overhead%5C%20application%5C%20rate%5C%20per%5C%20direct%5C%20labor%3D%5Cfrac%7B400%2C000%7D%7B20%2C000%7D)
= $20 per hour
Answer:
O a French tourist's spending while visiting Canada
Explanation:
A current account shows the balance between a country's exports and imports. In other words, a country's exports and imports are indicated in the country's current account. A positive balance indicates a country has more exports than imports.
Exports include all goods, services, capital, and earnings sent outside the borders of a country. Imports are what is received from other countries. The current account considers goods, services, interest, and capital moving in and out of the borders. The French tourist is spending in Canada. The items being bought are not imports.
Answer:
$191,000
Explanation:
The computation of straight line depreciation is shown below:-
Straight line Depreciation:
= (Book value - Salvage value) ÷ Remaining life
= ($1,250,000 - $295,000 - 0) ÷ (From 2015 to 2019)
= ($1,250,000 - $295,000 - 0) ÷ 5 year
= $191,000
Therefore for computing the straight line depreciation we simply applied the above formula.