Answer:
equivalent units of production = 6,000 units
Explanation:
given data
process at end of September = 6,000 units
direct materials = 100%
direct labor and manufacturing overhead = 70%
solution
we get here equivalent units of production for the conversion cost that is
equivalent units of production = process at end × direct materials complete .........................1
put here value and we get
equivalent units of production = 6,000 units × 100%
equivalent units of production = 6,000 units
Positive self-talk includes believing in yourself.
Answer:
$500
Explanation:
Data given in the question
Tax basis = $400
Fair market value = $500
Under section 351, the fair market value = $350
Liability on the property transferred = $150
So, by considering the above information the amount realized in the exchange is
= Fair market value under section 351 + liability on the property transferred
= $350 + $150
= $500
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Based on the information given, the time taken for the machine that was doing the longer job will be 39 minutes.
Let the machine taking the smaller job be represented by x
Since the other machine would take one and a half times as long as the other machine, this will be:
= 1.5 × x = 1.5x
Therefore, the equation to solve the question will be:
1.5x + x = 65
2.5x = 65
x = 65/2.5
x = 26
Therefore, the time taken for the longer job will be:
= 1.5x = 1.5 × 26 = 39 minutes
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