The situation here is that the appraiser is:
- Taking a percentage for his services from the appraisal
Based on the given question, we can see than when an appraisal is made, the appraisal which is actually a written report that makes an estimate of the present value of a piece of property.
With this in mind, we can see that the appraiser preferred to take his payment from the percentage value of the <em>value of the property </em>which he appraised. This method is sure to give the appraiser more money than he would have made, especially if the value of the property was quite high.
Read more about appraisal reports here:
brainly.com/question/25088996
Answer:
$28,100
Explanation:
The computation of the bond interest expense is shown below:
= (Issued amount × interest rate) + (Issued amount - given amount) ÷ time period
= ($450,000 × 6%) + ($450,000 - $439,000) ÷ 10 years
= $27,000 + $1,100
= $28,100
In semi annual period, the interest rate is half and the time period is doubles and the same is shown
Answer:
The equivalent units for conversion costs= 6,912 units
Explanation:
<em>The weighted average method of valuation would be used to determine the the equivalent units for conversion costs</em>
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked. </em>
Equivalent unit = Degree of completion × Units of inventory
<em>Items units Equivalent unit</em>
Completed unit 3,300 3,300× 100 = 3.300
Closing work in progress 4,300 4,300× 84%= <u>3,612
</u>
Total equivalent units <u>6,912
</u>
The equivalent units for conversion costs= 6,912 units
An assembly line is an example of mass production
Definition:
Contributions that bring benefits over and above those directly associated with the core business activities and events. These contributions can include monetary, employee time, employee resources, and gifts of any kind.
