Weighted-average method
Materials Labor and Overhead
Ending work in process:
Materials: 20,000 units × 100% 20,000
Conversion: 20,000 units × 70% 14,000
Equivalent units of production in ending work in process 20,000 14,000
Materials Labor and Overhead Total
Ending work in process inventory:
Equivalent units of production (a) 20,000 14,000
Cost per equivalent unit (b) $3.20 $2.00
Cost of ending work in process inventory (a) × (b) $64,000 $28,000
$92,000
Answer:
The correct answer is A)
Explanation:
There is no good or service that is unlimited.
The concept of the Barter system was simply a method of exchanging value for value.
- It was phased away due to several reasons:
- It was not a good store of value as many of the goods were perishable
- it didn't make for good administration: It was too cumbersome and problematic. Imagine having to store three trailers of eggs awaiting a barter exchange
Cheers!
Answer:
The options which is NOT correct is C.
Purchasing power does not increase with inrease in the rate of inflation. There is an inverse relationship between inflation and purchasing power of money.
Explanation:
Inflation refers to the overall increase in prices of goods and services and the erosion of the power of the currency to purchase those goods and services. In otherwords, when inflation happens, one requires more dollar bills to purchase same unit of goods or services.
Deflation is the opposite of inflation. It refers to the decrease in the prices of goods and services and is usually accompained by an increase in the purchasing power of the currency.
Nominal interest rate simply put is the interest payable on a loan without considering processing fees, compounding interest payable and the erosion of the value of such money.
Cheers!
Answer:
The correct answer is A. $18,276
Explanation:
First you have to calculate how much you'd end up having at the end of the 25 years period in your savings account.
You calculate the total amount saved for each year, using the formula:
Where
is the total amount in the savings account for this period.
is the total amount in the savings account from the previous period.
is the interest rate.
are the annual deposits being made into the savings account.
Therefore for the first year you'd do:
For the second year:
And so on. You can help yourself calculate the value of this series using programs like Excel.
I have attached an Excel file that has a table with the savings values for each of the 25 years.
So, the 25th year you’ll have $365,529.70 in your savings account. Now you simply divide this number by 20 (that will be the number of years you’ll be withdrawing the same dollar amount from your savings account):
In conclusion, you’d be able to withdraw $18,276.485 each year for the following 20 years after the 25th deposit, if all withdrawals are the same dollar amount.
The area in which Ronald would be working in the Orthopedic clinic for the specified job is:
<h3>Who is a Chargemaster?</h3>
This refers to the person whose job in a hospital is to provide billing information to patients, and is also in charge of claims and also general accounting principles.
With this in mind, we can see that the area which Ronald would be working in the Orthopedic clinic if he gets the job would be Chargemaster as he in charge of overall accounting and billing duties.
Read more about chargemaster here:
brainly.com/question/26303145
