Answer: $4.38
Explanation:
Conversion costs are based on completed units so those units that are yet to be completed will be converted into equivalent units.
Units produced = Units completed and transferred out + equivalent WIP
= 169,000 + (26,000 * 79%)
= 169,000 + 20,540
= 189,540 units
Total Conversion costs = beginning conversion costs + conversion costs added during period
= 103,000 + 726,925
= $829,925
Conversion cost per equivalent share
= 829,925/189,540
= 4.3786
= $4.38
Answer:
answer for the question:
(Related to Checkpoint 18.2) (Estimating the cost of bank credit) Paymaster Enterprises has arranged to finance its seasonal working-capital needs with a short-term bank loan. The loan will carry a rate of 13 percent per annum with interest paid in advance (discounted). In addition, Paymaster must maintain a minimum demand deposit with the bank of 10 percent of the loan balance throughout the term of the loan. If Paymaster plans to borrow $90 comma 000 for a period of 2 months, what is the annualized cost of the bank loan?
is given in the attachment.
Explanation:
The minimum amount that Alyssa must <em>earn per month</em> to cover her budget is $4,062.50.
Data and Calculations:
Monthly expenditures = $3,250
Taxes and other deductions = 20% of monthly income
Monthly expenditures in percentage = 80% (1 - 20%)
Minimum income per month = $4,062.50 ($3,250/80%)
Thus, the minimum amount that Alyssa must <em>earn per month</em> to cover her budget is $4,062.50.
Learn more: brainly.com/question/25571450
Answer: A
Explanation:
Management decisions by the ability to engage in proxy fights. A proxy fight, also known as a proxy contest or proxy battle, refers to a situation in which a group of shareholders in a company joins forces in an attempt to oppose and vote out the current management or board of directors. In other words, a proxy fight is a battle between shareholders and senior management for control of the company.
Corporate shareholders are best protected from incompetent management decisions by the ability to engage in proxy fights.
Explanation:
A successful Administrative Officer will act as the point of contact for all employees, providing administrative support and managing their queries. Main duties include managing office stock, preparing regular reports (e.g. expenses and office budgets) and organizing company records
