Answer:
The cost of the units completed and transferred out is C. $138,300
Explanation:
FIFO method means that the units that were incomplete at the beginning of the period <em>are the first to be completed</em> followed by those started during the year.
The cost of of units completed and transferred is calculated as follows :
Cost in Opening Work In Process $31,000
Cost to Finish Opening Work In Process :
Raw Materials ( $1.30 × 0) $0
Conversion ($2.20 × (15,000 × 60%)) $19,800
Started and Completed ((40,000 - 15,000) × ($1.30 + $2.20)) $87,500
Total Cost of of units completed and transferred $138,300
Conclusion :
The cost of the units completed and transferred out is $138,300.
What is passive Strategy?
An investment approach for long-term investors is passive investing. By replicating an index, it seeks to maximise market returns while avoiding frequent trading. Investors benefit from a reduction in the costs or fees associated with active trading or active investment.
What is active strategy?
An active investment strategy is one that actively buys and sells companies with specific characteristics using the information obtained by qualified stock analysts. With higher returns and/or lower risk, the goal is to outperform index and overall stock market performance.
Passive Strategy:
- search, listen, respond
- good way to start
- seek out mentions of your business, its competitors in your industry
- simply saying thank you and answering questions is a great first step
Active Strategy:
- marketer creates content and engages in conversations through different SM channels
- connects with key influencers
- many brands jump to this step (step 2) without understanding their audience or preferred interaction
To learn more about active and passive Strategy
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Answer: The bond will be issued at a premium
Explanation: If the interest rate on bond is higher than the market interest rate then the investors of such bond will get a greater benefit. Hence to get the greater benefit an investor must pay a higher value, thus, the bond will be issued at premium.
Higher interest rate means the company will pay interest to investors mare than i the general rate in market, Therefore, company can charge investors more from a more valuable asset.
Hence from the above we can conclude that the correct option is c.
Answer:
The balance in ABC's Prepaid insurance-account as on Dec 31, 2018 is <em>$27,000</em>
Explanation:
Liability policy = ($54,000 / 18) × 6 months
Liability policy = $18,000
Crop damage policy = ($18,000 x 12 / 24)
Crop damage policy = $9,000
ABC's Prepaid insurance-account balance as on Dec 31, 2018 = $27,000
Thus,
Total Liability insurance period = 18
Now,
Expired period period - 12 months ( Jan 1, 2016 to Dec 31, 2016 )
Unexpired period = (18 - 12) months = 6 months
<span>AS THE HYPE FOR THE SUNDAY NIGHT FOOTBALL GETS ELECTRIFYING, THERE HAVE BEEN QUESTIONS RAISED ABOUT CARRIE UNDERWOOD'S PAYMENT FOR HER PERFORMANCE DURING THE INAUGURATION OF THE SUNDAY NIGHT FOOTBALL. RIGHT NOW HER PAYCHECK HASN'T BEEN LISTED ONLINE. BUT ACCORDING TO PayWizard.Org HER DAILY PAY WOULD BE AROUND $21,917.00. RIGHT NOW THE AMERICAN SINGER HAS A NET WORTH OF ABOUT $55 MILLION.</span>
