They will put themselves on social media for a way to get out there
Answer:
Total equivalent unit 1,425 units
Explanation:
<em>Under the first-in -first out system, to account for the units completed in a period, it is assumed that the opening inventory units are first completed and the balance represents the newly introduced.</em>
<em>Fully worked represents unit of inventory started this this period and completed this period</em>
Fully worked = completed units - opening inventory
Fully worked = 1200 -750 = 450 units
Item Units Equivalent Units
Opening WIP 750 750×50% 375
Fully worked 450 450× 100% 450
Closing WIP 800 800× 75% <u> 600</u>
Total equivalent unit <u>1,425</u>
Note the opening inventory has 50% work done last period so the balance of 50% i.e (100 - 50) is completed this period
Answer:
The discount on the bonds issuance is $9,138.00
Explanation:
discount on bonds at issuance=bonds face value-bonds cash proceeds
bonds face value is $180,000
bonds cash proceeds =$170,862
Discount on bonds at issuance=$180,000-$170,862
Discount on bonds at issuance=$9,138.00
The necessary journal entries to record the bonds issuance are follows:
Dr Cash $170,862.00
Dr discount on bonds issue $9,138.00
Cr Bonds payable $180,000
The discount on the bonds would amortized over relevant years
You have 20 workers and $100.00
100.00/20workers = $5.00/ worker.
Just hand each one $5.00 and say Thanks Good Job!
Check: $5.00 x 20 = $ 100.00
