Answer:
The manager has violated the Rumford Fair Housing Act
Explanation:
This law was passed in California in the year 1963. It aims to protect house seekers from discrimination based on race, color, or disability. This practice was very common during that period and there were many cases of white landlords refusing to rent their apartment to people of color, neither will they accept to sell houses to them.
Answer:
1. b. $120,000
2. a. $62,000
3. a. $58,000
Explanation:
1. Since the Subsidiary has <u>sold the entire inventory to an unaffiliated company</u> on November 21, 20X8, Then the sales to the group will be the amount at which a third party has bought it which is $120,000
2. Since the Parent had produced the inventory which has now been entirely sold out of the group, for $62,000. then the cost of goods sold to the group is the amount at which the parent produced it.
When the group is being consolidated all inter-company profits and transfer costs are eliminated and ignored to get the true picture of the transactions at arms length.
3. The consolidated amount of net income will be the amount at which the group bought it less the amount at which they sold it which is $120,000 - $62,000 = $58,000
Answer:
Equivalent Units of Production :
(1) Materials = 298000
(2) Conversion Costs = 284400
(3) Total = 582400
Explanation:
The Concept of Equivalent Units entails identifying number of completed units in terms of their completion % in the input component or process.
<em>Step 1 : Determine Units Completed and Transferred to Finished Goods</em>
<em>Units in Process = Units Output</em>
Units In Process 298000
Less Closing Work In Process 34000
Completed and Transferred 264000 (Balancing figure)
<em>Step 1 : Determine Equivalent Units for each input component</em>
Materials:
Completed and Transferred 100% = 264000×100%= 264000
Closing Work In process 100% = 34000×100%= 34000
Total = 298000
Conversion Costs:
Completed and Transferred 100% = 264000×100%=264000
Closing Work In process 60%=34000×60%=20400
Total =284400
The answer to this question is: overdraft fee
Overdraft fee is a fee that charged by the Banks everytime you make a transaction through your account.
Unlike any other option above, overdraft fee could happen more than once a day depending on how the owner use it, so it will be most likely to be the highest
