Answer:
Direct Labour Cost per Equivalent Unit = $0.17
Explanation:
Cost per Equivalent Unit = Total Cost / Total Equivalent Units
Total Direct Labor Cost = $24,000
Total Equivalent Units = 127,500 + 40,000 x 25% = 137,000
Cost per Equivalent Unit = $24,000 / 137,500 = $0.17
Remember:
In the weighted average method, the units in beginning inventory are treated as if they had no work done in them at all. They are included with all the other units completed in the period.
According to my observation, The shareholder meeting was scheduled to discuss the issue of increasing the limit of minimum wage per hour for the employees. It is different from other shareholders' meetings has it was only conducted to improve the strong market value of the shares.
Explanation:
The employees of the Wal-Mart organization pinpointed their issue to the higher level hierarchy level management. They addressed the issue of about demanding the larger ceiling for the minimum wage up to $15 per hour. It was fixed as $10 per hour for the employees.
The management also realized the need to ensure economic support for the common employees. So they conveyed the decision of increasing the minimum support wages up to $15 per day in shareholders' meetings held recently. So it was considered as the different one from other held meetings.
Apart from searching for the solution of issues from the shareholders' perspective, The meetings were mainly conducted to finalize the decision of increasing the minimum wage support.
<u>Solution and Explanation:</u>
The correct answer is I, II, III, and IV
The reason behind is that joint cost is always related to the multifarious products. Joint expense is the assembling cost brought about on a joint creation process which takes regular sources of info however at the same time delivers various items called joint-items, for example, preparing of raw petroleum at the same time yields gas, diesel, stream fuel, greases and different items.
So, as to apportion expenses to such joint items, bookkeepers need to utilize an appropriate cost portion technique on a predictable premise. The joint cost alludes to that cost which is brought about before the split-off point on the creation or assembling of numerous items, by expending similar data sources or factors of creation.
Answer:
805
Explanation:
The document tax which is to be paid by the seller in Florida on deed is $0.70 per $100 of the sale value.Based on this, the document tax on the sale price of $115,000 shall be calculated as follows:
Document tax=(Sale value/100)*0.70
Sale value=$115,000
Document tax=(115,000/100)*0.70
=1,150*0.70
=805
Answer:
The answer is letter C, Broker.
Explanation:
In order to know whether Karen's company is a broker. It would be best to define what "Broker" is.
In business, <em>"broker" is defined as a person or a company who acts as a mediator between a buyer and a seller. As an agent, the broker gets commission in every business transaction. He can also represents himself as the buyer or the seller. At this point, he also gets a certain commission. </em>In the situation above, Karen arranges the transaction between the growers and processors of cranberries. At this point, she is acting as a seller and a buyer. She does this on behalf of the other firms. Thus, the answer is letter C, Broker.
<u>Additional Information</u>
Sales Agent- a self-employed salesperson who usually works alone. He obtains orders for companies and receives commission on those orders.
Commission Merchant- a person who buys and sells products. He receives commission for the sales price.
Sales Branch- an independent business which purchases merchandise in bulk from manufacturers. He then processes it and redistributes it to retailers.
Sales Office- this is a location that is used for the purpose of selling. It is often leased.
