Answer:
It will be reported as accrued expenses (c)
Explanation:
Accrued expenses represents amount owed for either serviced that has been enjoyed or goods that have been delivered but yet to be paid for.
Income statement is prepared on accrual basis, hence, these expenses will be recognized in the current period and matched with revenues generated.
PW = FW×(1+i)^-n
PW = $19340×1.15^-1 + $2280×1.15^-2 + $26600×1.15^-3 + $24240×1.15^-4 + $8770×1.15^-5 = $54250.90
hence PW = $54250.90
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The organizational structure that would allow for deep, specialized knowledge to be fostered is a<u> functional structure. </u>
<h3>What is a functional organization structure?</h3>
This refers to a practice of many companies where people who have different expertise are put into different departments that complement their skills.
This ensures that the employees will develop deep expertise in their field because they will focus on it by being in a department that is based on their expertise.
Find out more on functional organizational structures at brainly.com/question/14700402.
Answer:
$157 per equivalent unit
Explanation:
Note: <em>The full question is attached as picture below</em>
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Conversion cost per equivalent unit = Conversion costs added during February / Equivalent units of conversion costs
Conversion cost per equivalent unit = $1,100,000 / 7000 units
Conversion cost per equivalent unit = $157.14286
Conversion cost per equivalent unit = $157 per equivalent unit
