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3 years ago

The value of what type of money comes from what it is made of?

Business

1 answer:

vladimir1956 [14]3 years ago

3 0

Answer:

a.representative money

Explanation:

sure po ako dyan na ayan po ang sagot maraming salamat po

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In the production of textiles, women would gather and clean the fibers. Once these were complete, the next step would be to ____

svlad2 [7]

Answer: The correct answer is "b. comb and sort the fibers.".

Explanation: Once these were complete, the next step would be to <u>comb and sort the fibers.</u>

The first step was to gather and clean the fibers and then comb and classify the fibers according to their nature.

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3 years ago

At the beginning of the month, the Painting Department of Skye Manufacturing had 30,000 units in inventory, 70% complete as to m

VikaD [51]

Answer:

Cost per equivalent unit of material = $2.20 per unit

Cost per equivalent unit of conversion = $4 unit

Explanation:

The computation of Cost per equivalent unit of material, Cost per equivalent unit of conversion is shown below:-

For computing the cost per equivalent first we need to find the equivalent unit of material which is below:-

= Transferred units + ( Department units × Material percentage)

= 135,000 + (20,000 × 40%)

= 135,000 + 8,000

= 143,000

So, the Cost per equivalent unit of material = (Beginning material cost + Current month material cost) ÷ Equivalent unit of material

= ($32,400 + $282,240) ÷ 143,000

= $314,640 ÷ 143,000

= $2.20 per unit

Now, For computing the Cost per equivalent unit of conversion first we need to find the equivalent unit of conversion cost which is below:-

= Transferred units + ( Department units × Conversion percentage)

= 135,000 + (20,000 × 15%)

= 135,000 + 3,000

= 138,000

So, the Cost per equivalent unit of conversion = (Beginning conversion cost + Current month conversion cost) ÷ Equivalent unit of conversion cost

= ($6,250 + $544,700) ÷ 138,000

= $550,950 ÷ 138,000

= 3.99

or $4 unit

8 0

3 years ago

On July 1 of the current calendar year, Olive Company paid $8,200 cash for management services to be performed over a two-year p

Andrew [12]

Based on the amount paid by Olive Company for the two year period, the adjusting entry on December 31 would be a debit to an expense and a credit to prepaid expense for $2,050.

<h3>What would be the adjusting entry?</h3>

Based on the accrual method, only costs for the year can be recorded as expenses.

If any costs are for other periods, those costs would be credited to prepaid expenses.

The expense for this year for management services would be:

= Number of months from July to December x Amount paid / number of months in contract

= 6 months x 8,200 / 24 months

= $2,050

In conclusion, expenses will be debited $2,050.

Find out more on prepaid expenses at brainly.com/question/9270086.

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2 years ago

My brainly account says that I have 718/500 points, but I am still on the ambitious rank instead of the next one. Can someone fr

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3 years ago

Read 2 more answers

Exxon-Mobil Corp. has a dividend payout ratio of 60 percent, expects earnings per share of $6 next year (EPS1=$6), currently has

Law Incorporation [45]

Answer:

11.20 %

Explanation:

Solution

Recall that,

Exxon-Mobil Corp. has a dividend payout ratio = 60%

The expected earnings per share = $6

The price of stock currently = $72

ROE = 13%

The rate of growth = 6.2%

Now,

Based on DCF Model, we have define the following

The Stock Price = Expected Dividend in Year 1/(Cost of Retained Earnings – growth rate) =

Thus,

72 = 6*60%/(Cost of retained Earnings-6.2%)

The Retained cost of Earnings = 11.20%

Therefore, the cost of retained earnings is 11.20 %

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3 years ago