Answer:
Work in Process Inventory account at the end of September is $1,950
Explanation:
As all jobs at the beginning of september in the balance of Work in progress were finished, it's costs are now in Finished Goods Inventory. So are too, the two jobs started and finished during September. The Works in Process account records materials, labor and structure costs of order not finished yet at the end of the month.
At the end of september only Job 850 is not finished. The sum of materials, direct labor and overhed that is $1.950, is the balance of Work in Process Inventory account at the end of September.
Answer:
b. 126,500.
Explanation:
The equivalent units of production using weighted-average method will be,
Total units finished during the year 106,000.
Work in Process inventory 50% complete (41,000 units *50%) 20,500 units.
Total equivalent units of production during the period = Total units finished during the year + Work in process units completed
Total equivalent units of production during the period = 106,000 + 20,500
Total equivalent units of production during the period = 126,500.
Answer:
Preconventional
Explanation:
Lawrence Kohlberg was an American psychologist that postulated a theory on the stages of moral development.
According to him the stages of moral development are pre-conventional, conventional, and post-conventional.
In the pre-conventional people follow standard set of rules and are afraid to break the rules because of the consequences.
Conventional stage is where moral standards are internalised and reasoning is influenced by the group one belongs to.
Post-conventional stage is where choices are based on individual principle.
In this scenario Jason did not want to support Gina’s plan solely because of the unpleasant consequences associated with approving a deal absent shareholder consent. This is the pre-conventional stage
Answer:
$360,000.
Explanation:
Given:
PBO 1/1/17 = $6,000,000
PBO 12/21/17 = $6,600,000
Discount rate = 6% = 6 / 100 = 0.06
Expected rate of return = 8% = 8 / 100 = 0.08
Interest cost component of pension expense = ?
Computation of Interest cost component of pension expense:
Interest will be payable on opening balance:
= PBO 1/1/17 x Discount rate
= $6,000,000 x 0.06
= $360,000.
Answer:
fraternal benefit society
Explanation:
The fraternal benefit society is an organization in which the people generally share the ethics, religious views, etc. Also this society provides the insurance to their members
Since in the question it is mentioned that the Edward who is a member of Knight of Columbus i.e. a religious group dedicated a voluntary service in order to give the benefit to society
So the knights of columbus is a fraternal benefit society
