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Degger [83]
3 years ago
15

Beginning inventory for the month contained 3,000 units that were 35% complete with respect to materials. 57,000 units were comp

leted and transferred out during the month. 5,500 units were in ending inventory, 10% complete with respect to materials. The weighted average equivalent units of production for materials for the month would be
Business
1 answer:
notka56 [123]3 years ago
6 0

Answer: 57,550 units

Explanation:

When using the weighted average method, the units completed and transferred out are assumed to include the opening inventory.

The weighted average equivalent units are therefore:

= Units completed and transferred out + Equivalent ending units

= 57,000 + (10% * 5,500)

= 57,000 + 550

= 57,550 units

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For smaller income-producing properties, appraisers may use the ratio of a property's selling price to its effective gross incom
Wittaler [7]

Answer:

The correct answer is gross income multiplier.

Explanation:

Gross income multiplier is the figure used as a multiplier of the annual gross income of a property to produce an estimate of the value of the property. Number used to estimate the Value of a Property. Gross property income is multiplied by this figure.

7 0
3 years ago
Making counterfeit copies of Gucci purses, Tommy Hilfiger sportswear, and other international brands is pervasive in some countr
Arlecino [84]

Correct question: Making counterfeit copies of Gucci purses, Tommy Hilfiger sportswear, and other international brands

is pervasive in China because laws protecting intellectual property are unclear and sporadically enforced. Even when sanctions are applied, sanctions are minimal, typically consisting of confiscation, a warning, a public apology, and perhaps a fine. Moreover, copying enjoys a long tradition in China and does not carry a stigma. A business introducing a product into China needs to know that its ___________ may lead to trademark infringements.

A. religious precepts

B. antecedent states

C. moral idealism

D. societal culture and norms

E. utilitarianism

Answer:

D, societal culture and norms.

Explanation:

because copying doesn't exactly have a law forbiding it but rather that it is seen as a form of art in china, the societal culture and norms of china makes it a normal for any new business coming into the country to resigns its fate to having copies of its products flooding the chinese market as soon as possible and such company can't sue for intellectual or copyright infringements.

6 0
3 years ago
Suppose someone borrows $552,000 today to buy a house in Davis, CA. If the annual interest rate is 4%, with monthly compounding,
galina1969 [7]

Answer:

Monthly Repayment on Loan  = $2634.06

Explanation:

given data

principal =  $552,000

annual interest rate = 4% = 0.333% monthly

solution

for get here fair value monthly mortgage payment we consider here time period is 30 year = 360 months

so now we apply here Monthly Repayment on Loan formula that is

Monthly Repayment on Loan  = principal ×  \frac{r(1+r)^t}{(1+r)^t -1}    .................1

put here value and we get

Monthly Repayment on Loan  = 552000 × \frac{r(1+0.333)^{360}}{(1+0.333)^{360} -1}    

Monthly Repayment on Loan  = $2634.06

4 0
3 years ago
Tara incorporates her sole proprietorship, transferring it to newly formed Black Corporation. The assets transferred have an adj
alukav5142 [94]

Answer:

Black Corporation

e. None of the above.

Explanation:

a) Data and Calculations:

Adjusted basis of assets = $290,000

Fair market value of assets = $300,000

Liabilities transferred = $50,000

Black Corporation's basis = $250,000 ( $300,000 - $50,000)

Tara's basis in the Black Corporation = $240,000

b) According to U.S. Code 351, no gain or loss shall be recognized for Tara if property is transferred to Black Corporation by Tara solely in exchange for stock in Black Corporation, and immediately after the exchange, Tara comes into the control of Black Corporation.

3 0
2 years ago
Assume equity at the beginning of the accounting period was $120,000 and at the end of the period it was $175,000. Drawings by t
guapka [62]

Answer: $85,000

Explanation:

Drawings are debited/deducted from the Equity account to reflect that the owner's holdings in the business has reduced.

Profit is added to the Equity account in the form of Retained Earnings.

The closing Balance on Equity is;

Closing Balance = Opening Balance + Profit - Drawings

Profit = Closing Balance - Opening Balance + Drawings

Profit = 175,000 - 120,000 + 30,000

Profit = $85,000

8 0
3 years ago
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