E. the degree of learning involved.
Hope this helps.
Answer:
A hard currency
Explanation:
A monetary unit that is freely and easily converted into other currencies is a hard currency.
The value of this currency neither depreciates suddenly nor fluctuate to a great extend.
This currency is considered politically and economically stable by the nation.
Hard currencies can also be used as a form of payment for goods and services.
Answer:
Vaughn Company
The unit production costs for July are:
Materials Conversion
Cost per equivalent unit $5 $3
Explanation:
a) Data and Calculations:
Materials Conversion
Beginning WIP $ 8,700 $ 3,100
Costs added in July 68,000 50,000
Total production costs $76,700 $53,100
Equivalent units for July 15,340 17,700
Cost per equivalent unit $5 $3
b) The materials and conversion costs per equivalent unit are the dividends resulting from the division of the total production costs for materials and conversion by their respective total equivalent units of production.
Economic profits that are present in the short run.
