Answer:
a) $8.00
Explanation:
Beginning work in progress, conversion $15,900
Conversion costs incurred during period $26,500
Total costs to account for $42,400
Cost per equivalent unit for conversion = $42,400/5,300
= $8.00
Therefore, Department X's cost per equivalent unit for conversion costs using the weighted average method would be $8.00
Answer:
"charged to profit or loss"
Explanation:
According to the acquisition method, acquisition-related (transaction) costs are costs the acquirer incurs to effect a business combination. For example, the cost of the advisory, legal, accounting, valuation or consultancy fees, must not be included in the cost of the acquisition. These costs must be treated as an expense as incurred and written off to profit or loss.
The amount of transaction costs associated with an acquisition and written off during the period to profit or loss must be disclosed in a note to the financial statements.
So based on the above discussion the answer to the question shall be "charged to profit or loss"
When the car stops, the person continues forward, at the same speed that the car was travelling at. Into the dash, into the windscreen, maybe even THROUGH the windscreen and onto the road. Beat up, cut up and run over - not a good thing
Answer:
Annual depreciation 2017= $8,000
Explanation:
Giving the following information:
The cost of the asset is $50,000 with an estimated five-year life and $10,000 salvage value at the end of its useful life.
T<u>o calculate the depreciation expense under the straight-line method, we need to use the following formula:</u>
<u></u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (50,000 - 10,000)/5
Annual depreciation= $8,000
False.................................................
