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Neporo4naja [7]
3 years ago
8

The Marshall Company has a process costing system. All materials are added when the process is first begun. At the beginning of

September, there were no units of product in process. During September 50,000 units were started; 5,000 of these were still in process at the end of September and were 3/5 finished. The equivalent units of material in September were:a. 40,000.
b. 45,000.
c. 48,000.
d. 50,000
Business
1 answer:
Korolek [52]3 years ago
3 0

Answer:

D. 50,000

Explanation:

Units started and completed=50000-5000=45000

Ending work in process= 5000

Equivalent units of material= 50000

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On October 1, Vaughn's Carpet Service borrows $349000 from First National Bank on a 4-month, $349000, 9% note. What entry must V
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Dr Notes Payable 349,000

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Explanation:

Preparation of Vaughn's Carpet Service Journal entry

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Dr Interest Payable 10,470

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3 0
3 years ago
Getaway Travel Company reported net income for 2021 in the amount of $68,000. During 2021, Getaway declared and paid $18,000 in
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Answer:

$0.35 per share

Explanation:

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Basic Earning per share = ( Net income - Preferred cash dividend) ÷ Outstanding common shares

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3 years ago
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