Answer:
14,105
Explanation:
Calculation for What would be the equivalent units for conversion cost using the weighted average method
Equivalent units for conversion cost=[(1,300 + 13,000 - 650 )×100%]+ (650 × 70%)
Equivalent units for conversion cost=(13,650 × 100%) + (650 × 70%)
Equivalent units for conversion cost=13,650+455
Equivalent units for conversion cost= 14,105
Therefore What would be the equivalent units for conversion cost using the weighted average method will be 14,105
Centralton needs to have an income of $2,560,000. the total
property is valued for taxation at $80,000,000. The tax rate can be solved by
dividing the income by the total property that is valued for taxation. Which is
equal to of $2,560,000/80,000,000 = 3.2%
Answer with Explanation:
Tangible assets fall under the scope of International Accounting Standard IAS-36 Property, Plant and Equipment which says that assets that qualify following conditions, must be capitalized:
- Assets that have life expectancy of more than a year.
- Benefits of the Assets are controlled by the entity that will flow towards the company.
Now here, the life expectancy of laboratory equipment is unknown and also that we don't know if the asset can be resold in the market or not. This means, if the asset has life expectancy is no more than a year and that the future benefits will flow towards the company then it must be capitalized otherwise it must be expensed out as per the guidelines of International Accounting Standard IAS-38 Intangible Assets, which says that the research cost prior to the development expenditure must be expensed out.
The other two costs are revenue expenditure and must be expensed out under the name research and development cost as per the guidelines of IAS-38.
If the FED want to stabilize output then FED has to decrease the money supply if the net exports were increased.
Given that there was a large increase in net exports.
We are required to advise the FED about the work he should do to stabilize the output.
The increase in exports shows that there had huge amount of money in the economy. So to stabilize the output FED has to decrease the output and to decrease the output FED has to decrease the money supply.
FED can decrease the money supply in various ways as under:
- Increase in interest rate.
- Selling of government securities.
There are many more ways to decrease the money supply. When the money supply decreases the people in the country may not be able to produce more goods and the production of goods decreases.
Hence if the FED want to stabilize output then FED has to decrease the money supply if the net exports were increased.
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