Answer:
units started less 200.
Explanation:
Unit at which the process is started on the beginning of January minus the closing inventory is the number of completed units in work in process when there is No beginning Work in process.
Using following formula we will calculate the Units completed in WIP.
Work in process Closing Inventory = Opening WIP + Addition during the period - Completion during the period
200 units = $0 + Addition during the period - Completion during the period
Completion during the period = Addition during the period - $200 units
In the absence of Beginning Inventory the the addition during the period is the number of unit at which the process is started.
Answer:
sole proprietorship
Explanation:
By far the most common type of business in the US is the sole proprietorship. Basically, Jane will be her own boss. She will be responsible and liable for all the business's obligations since a sole proprietorship is considered a pass through entity. That means that it doesn't exist by itself, and it is not taxed directly. Jane must report all the income and expenses from her business in her annual tax report.
Answer: Accounting
Explanation:
Accounting is one of the business process that helps in interpreting and identifying the various types of financial data in an organization or corporation.
The main objective of the accounting is that it manage all the financial based performance in the company and also the cash flows system in the business.
According to the given question, the accounting is known as the functional area that summarized the data or information and also give advises to the manager on the various types of financial based matters in an organization.
Therefore, Accounting is the correct answer.
Answer:
a. "What will I have to give up?" relates to the immediate cost.
b. "What will I gain in return?" relates to the future benefit.
c. The amount of money a worker might make on a job in a year is a salary.
d. The potential earnings of becoming a doctor minus the cost of going to medical school is the accounting profit.
Explanation:
A career is a professional employment path usually long-term. In choosing a career, different aspects should be considered. The most important aspect is usually the economic aspect of the career. For example; one should consider a career path that will be financially beneficial in long run. To do this, one has to do adequate research on various careers to determine one that they can afford without defaulting on a loan. This means that one has to consider costs such as; school fees, accommodation costs in terms of rent, transportation costs and food at the very basic level. It is very crucial for one to pick a career whose cost they can afford.
The immediate cost usually answers the fundamental question "What will i have to give up?"Once one is comfortable with the amount that they are willing to spend for the career path, they can move to the next question. The question "What will I gain in return?" alludes to the future benefit of this endeavor. The career path should be in such a way that the benefit should significantly exceed the immediate cost. The benefits are always in terms of allowances, medical cover and of cause the salary.
The potential earnings that one might get from taking up a given career minus the cost of education and training for that particular career can be defined as the accounting profit. A beneficial career is one where the accounting profit is positive.
Warm water to hold temperature
