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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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Naily [24]

Answer:

$64,000

Explanation:

In order to be deductible, a business expense must be both ordinary and necessary. Being ordinary means that it is a plausible expense for this business, since the expense in question is related to accounting services, it is ordinary. Being necessary means that the expense is the minimum required and is appropriate and helpful to the business. In this case, all of the expense was not required, therefore, only $64,000 (the reasonable market value for the services provided) are deductible.

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4 years ago
Logan and Johnathan exchange land, and the exchange qualifies as like kind under § 1031. Because Logan's land (adjusted basis of
ZanzabumX [31]

Answer:

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b. Logan's recognized gain is $23,160

Explanation:

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or the fair market worth of the received boot i.e $48,250.

Therefore, Logan's recognized gain is $38,600

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6 0
3 years ago
The relationship between employer and employee can be thought of in terms of a(n) ____, a description of what an employee expect
nydimaria [60]

Answer:

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Explanation:

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