Answer:
B. Units transferred to the next department × Cost per equivalent unit
Explanation:
Cost per equivalent unit refers to the cost of each completed unit possible.
As there is not only the units which are complete, but newly introduced and those in work in progress, and therefore, the cost of each equivalent unit is calculated so that it computes the cost for each unit.
Accordingly, all the units which are completed and transferred to another department are complete and the equivalent cost of completion of each unit shall be allocated to those units.
Therefore, correct option is:
Option B.
Answer:
$36,900
Explanation:
Brown Company's
Account receivable and related Allowance for doubtful account $2,100 credit
$39,000 receivables uncollectible
Hence:
$39,000 – $2,100
= $36,900
Therefore the necessary adjusting entry would include a credit to the allowance account for: $36,900
Analyze in food prices and personal items as well.
Answer:
City Farm Insurance
a. City Farm cash management system has freed up $1,000,000 ($4,500,000 - $3,500,000).
b. City Farm can earn on short-term investments an amount equivalent to $21,900,00 {($1,500,000 x 365) x 4%}
Explanation:
A good cash management system combines accounting with financial management to produce financial visibility and provide business insights that can help the entity to increase its earnings with short-term investments. This is because it frees up investable cash. An entity can invest its excess cash in these instruments: money market funds, treasury bills, and certificates of deposit, offered by commercial banks.
The situation described refers to an economic imbalance.
Economic imbalance is an economic term that refers to:
- The scenarios in which an economy does not show an equilibrium between two magnitudes that belong to it. For example:
The economic imbalance commonly occurs when the supply of a product or service and its demand are not balanced, on the contrary, they suffer variations that alter the market equilibrium.
According to the above, Georgina experienced this phenomenon (economic imbalance) with her idea of selling cupcakes at her school because the supply (12 cupcakes) greatly exceeded the demand for cupcakes from her schoolmates (3 cupcakes).
Learn more in: brainly.com/question/12414419
