Answer:
Equivalent units for materials are 68,400 units
Equivalent units for conversion are 66,800 units
Explanation:
Eighted average costing adds the value of beginning invventory in the period cost to calculate the average cost per unit.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Material
Equivalent Units = 62,000 + 8,000 x 80% = 68,400 units
Conversion
Equivalent Units = 62,000 + 8,000 x 60% = 66,800 units
Answer:
a.total revenue is maximized
Explanation:
Marginal revenue refers to the change in total revenue. Zero marginal revenue impllies no change in TR. Thus, only when TR is maximized will MR be zero before falling.
Answer: credit to Common Stock Dividends Distributable for $43500
Explanation:
Based on the information given in the question, the entry to record the transaction of May 24 goes thus:
Debit Stock Dividend = 87000 × 5% × $16 = $69600
Credit To Common Stock Dividend Distributable = 87000 × 5% × $10 = $43500
Credit To Paid in capital in excess of Par - Common Stock = $69600 - $43500 = $26100
Answer:
I don't know what is meaning
Explanation:
sry
In the given case the human resource manager will be considered frictionally unemployed. Thus the correct answer is B.
<h3>What is unemployment?</h3>
Unemployment is the situation in which an individual is unable to find any job or occupation to meet the financial needs of life after having all the required talents and qualifications.
Frictionally unemployment is a situation when an individual is relocating to another job from one job. In the given situation the manager is not terminated.
The human resource manager resigned from the job due to obligations from family. This shows that she has the skills and talents to pursue and join another job. The period in which she is searching for a job is considered frictional unemployment.
Learn more about unemployment, here:
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