Answer:
Vaughn Company
The unit production costs for July are:
Materials Conversion
Cost per equivalent unit $5 $3
Explanation:
a) Data and Calculations:
Materials Conversion
Beginning WIP $ 8,700 $ 3,100
Costs added in July 68,000 50,000
Total production costs $76,700 $53,100
Equivalent units for July 15,340 17,700
Cost per equivalent unit $5 $3
b) The materials and conversion costs per equivalent unit are the dividends resulting from the division of the total production costs for materials and conversion by their respective total equivalent units of production.
Trust, Honesty are the largest assets
Answer:
<em>The flow is in the form of inputs and then dollars in a sequence. </em>
Explanation:
<em>(1)</em> The household supplies factor input services in the form of labor to the firm.
<em>(2)</em> The labor produces goods and services for the firm.
<em>(3)</em> The firm pays wages to the labor in return for the produce.
<em>(4)</em> The households buy the goods and services of the firm.
<em>(5)</em> For the goods and services offered, the firm takes dollars from the households.
Hence, the entire above process emphasizes a flow <em>in the form of inputs and then dollars from the household to the firm for the output purchased by it from the firm.</em>
I would say that GSI would be liable for the cost of the new sewage and water disposal system since they incorrectly reported it as in good working order or at least they should be liable for the leach field, the distribution box and the cost of making the tank watertight.
