an employee of a company is being paid to assist in the sale of stock options to the company's employees and will recieve a bonu
1 answer:
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Answer:
The cost per equivalent unit for materials is $25.76.
Explanation:
As the complete question is not given here, the question is as attached with the solution.
From the data
At the beginning, there are no units.
At the end 1,000 Completed while the total started units are 1400
Remaining units are 1400-1000=400
Now for these 400 units,
As 60% are complete regarding materials thus that is calculated as
400*60%= 400 × .6 = 240
Equivalent units for materials: 1,000 units completed + 60% of 400 (ending) = 1,240 units
$31,944 / 1,240 equivalent units per materials = $25.76
Answer and Explanation:
The computation of the future value in the following situations:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
1. For semiannually
= $19,000 × (1 + 0.10 ÷ 2 )^8 × 2
= $19,000 × (1.05)^16
= $19,000 × 2.1829
= $41,475
2. For quartely
= $19,000 × (1 + 0.12 ÷ 4 )^2 × 2
= $19,000 × (1.03)^4
= $19,000 × 1.2268
= $23,309
3. For monthly
= $19,000 × (1 + 0.36 ÷ 12 )^15
= $19,000 × (1.03)^15
= $29,602
