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3 years ago

What policy is a way the SEC protects investors

Business

1 answer:

FinnZ [79.3K]3 years ago

3 0

Requiring companies to disclose financial information.

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The following information was available from the inventory records of Sunland Company for January: Units Unit Cost Total Cost Ba

luda_lava [24]

Answer:

Cost of Ending Inventory $ 47,077.74

Units on Hand 31 Jan = 4,600

Weighted Average Cost= $ 10.24per unit

Explanation:

We divide the total cost with the total number of units to get the weighted average cost per unit.

Sunland Company

Units Unit Cost Total Cost

Balance at January 1 9000 $9.70 $87300

Purchases: January 6 6000 10.35 62100

<u>January 26 8300 10.73 89059 </u>

<u>Total Units</u> 23,300 238,459

Sales January 7 (7400 )

January 31 (11300 )

Units on Hand 31 Jan = 4,600

Weighted Average Cost= Total Cost/ Total Units = 238,459/ 23,300 =

$ 10.235≅ $ 10.24

Cost of Ending Inventory = 4,600*$ 10.24= $ 47,077.74

8 0

3 years ago

When direct materials are used in production, costs are assigned by debiting Work-In-Process Inventory and crediting __________.

astraxan [27]

Answer:

finished goods

Explanation:

I would assume finished goods. At a multiple process step company, you would again credit WIP materials

7 0

3 years ago

Which of the following statements about mentors is true?

lesya [120]

Mentors are an excellent way to learn on the job- this statement about mentors is true.

Option: A

Explanation:

Mentors are the one who guides his trainee from different perspectives and help in every possible way. Mentors provide real life a practical advice so that it become easy to deal with the problem for trainee. Every company do support mentoring program. After appointing many fresher company executive split them in number groups and assigned one expert per group according to the nature of work.

That field expert monitors his group which consists of 7-8 persons at a time. Expert assign work to the trainees for daily basis, supervise them, advice them and train them to be a perfect employee of that company.

5 0

3 years ago

Read 2 more answers

In order to minimize the difficulty associated with meeting monthly loan payments, the debt service ratio should be __________.

Andre45 [30]

In order to minimize the difficulty associated with meeting monthly loan payment, the debt service ratio should be : Below 35 %

This Ratio showed that your annual monthly income still able to cover up your loan payments after considering your housing and other expenses for your daily lives

8 0

3 years ago

(consider this) suppose that a large tree on betty's property is blocking chuck's view of the lake below. betty accepts chuck's

Umnica [9.8K]

The correct answer is the Coase theorem

Suppose that a large tree on Betty's property is blocking Chuck's view of the lake below. Betty accepts Chuck's offer to pay Betty $100 for the right to cut down the tree. This situation describes the Coase theorem.

5 0

3 years ago