Answer:
Foster Inc.'s assets will decrease by a net amount of $30,000.
The Company's liabilities will increase by $30,000.
Explanation:
The price of the assert is $5,000 + $30,000 = $35,000
this means that the company's fixed assets will increase by $35,000, but since cash is decreasing by $5,000, the net change will be only $30,000
the amount of the loan = $30,000
this means that the company's liabilities will increase by $30,000
Answer:
The total cost of the departmental Work-in-Process Inventory at the end of the period = $ 8200
Explanation:
Units % of EUP
Completion D.Materials Conversion
Costs
No Of Units
Completed 1400 100 1400 1400
<u>Units In Process 400 50% 400 200 </u>
<u>Total 1800 1800 1600</u>
Ending Inventory Valuation
Working:
Direct Materials = $( 25,200/ 1800 )*400= $5600
Conversion Costs= ($ 20800/1600)*200= $2600
Total Ending Inventory Costs= $5600+$2600= $ 8200
Direct materials (1,800 at $14.00) $25,200
Direct labor 12,480
Factory overhead 8,320
Total Manufacturing Costs $ 46000
Answer: D. The state law violates the principles of intergovernmental immunity as applied to the manager
Explanation:
Based on the information given, the manager's best defense against the imposition of the fine is that the state law violates the principles of intergovernmental immunity as applied to the manager.
We should note that unless Congress agrees to a particular regulation, the state doesn't have the power to regulate federal government activities and therefore cannot interfere with federal functions. Therefore, the regulation in this case isn't applicable to the manager.
Answer:
e. $60,184; $60,184; $60,184
Explanation:
Corn supplier will have yields of 6 in year 1 and 6.5 in year 2, if it will purchase bushels now he will have to pay $39,083 now or $38,900 2 years later. The corn supplier will not accept the price below this and we will not pay price above this. The Medicare price should be determined and set.