Answer:
C. by dividing total costs in a given accounting period by total units produced in that period
Explanation:
The process costing is the costing in which the same or homogeneous products are produced in bulk quantities
In this, the average unit cost is calculated by dividing the total cost in the given period by the number of total units produced in the given period
In mathematically,
Average unit cost = (Total cost in the given period) ÷ (Number of total units produced)
Answer:
$750
Explanation:
Calculation for What was the amount of the credit to depreciation expense on the 2020 consolidation worksheet
2020 Credit to depreciation expense=[($60,000/5 years )-($60,000-$25,000/5 years)]/5 years*9/12
2020 Credit to depreciation expense=[($60,000/5 years )-($35,000/5 years)]/5 years*9/12
2020 Credit to depreciation expense=[($12,000-$7,000)/5 years*9/12]
2020 Credit to depreciation expense=$5,000/5 years*9/12
2020 Credit to depreciation expense=$750
Therefore the amount of the credit to depreciation expense on the 2020 consolidation worksheet is $750
Answer:
Jan 01
Dr Copyright $418,000
Cr Cash $418,000
Dec 31
Dr Amortization expense—Copyright $41,800
Cr Accumulated amortization—Copyright $41,800
Explanation:
Preparation of the entries to record the purchase of the copyright on January 1 and its annual amortization on December 31.
Jan 01
Dr Copyright $418,000
Cr Cash $418,000
(To record purchase of copyright)
Dec 31
Dr Amortization expense—Copyright $41,800
Cr Accumulated amortization—Copyright $41,800
($148,000/10 years)
(To record annual amortization)
Answer:
Option (B) is correct.
Explanation:
Given that,
Issued preferred stock outstanding that pays dividend per year = $7.75
Current selling price = $68.19 per share
Required return = (Annual dividend ÷ Current price) × 100
= ($7.75 ÷ $68.19) × 100
= 11.37% (Approx)
Therefore, the required return is 11.37% if this issue currently sells for $68.19 per share.
Peter's position in the company is of computer systems analyst.
C. computer systems analyst
<u>Explanation:</u>
The System analyst, in order to create an information systems solutions will first identify the business needs and then develop the computer based system which will help fulfil those needs.
To create a business system he needs to have a good understanding of all the specific details of the business and will have to work in a team of people who know the company well and can tell him what exactly the company needs. It's a technical job and one must be skilled in information technology.