She can write a check, she can withdraw money from ATM, she fill out a withdrawal slip, she can transfer money to another account
Answer:
$4,92
Explanation:
Step 1 Calculate the Total Cost of conversion costs incurred during the process.
<u>Total Cost of conversion costs</u>
Cost of conversion in Beginning inventory $8,800
Add Cost of conversion for April $43,612
Total $52,412
Step 2 Calculate cost per equivalent unit for conversion costs
cost per equivalent unit = Total Cost of conversion / Total equivalent unit for conversion
= $52,412 / 10,650
= $4,92
Therefore, the cost per equivalent unit for conversion costs using the weighted average method would be $4,92.
Explanation:
Strategic management is an evolution and a destination due to the fact that the organizational strategy is developed in pursuit of objectives and goals. This means that action plans for achieving goals can be changed according to internal or external interference.
A company's strategy is not inert, so strategic management will be carried out according to the market situation, the internal environment and other variables, so that there is monitoring, organization and strategic coordination of the company according to its environment.
They can afford top notch healthcare
Answer:
1. $173,500
2. $ 71,000
Explanation:
Requirement 1: Solution
We can calculate the fair value of new parcel of land just by adding the current market price with additional cash paid to complete the transaction
Fair Value = Current market price + cash paid additionally
Fair Value = $150,000+$23,500
Fair value = $173,500
Requirement 2: Solution
We need to calculate Gain/loss on exchange first in order to record them on books. This can be done by just subtracting the land's book value from the current market price of land
Gain/loss on exchange = Current market price - book value
Gain/loss on exchange = $150,000 - $79,000
Gain/loss on exchange = $71,000
Entries: Debit Credit
New land $173,500
Old land $79000
Cash $23,500
Gain $71,000
