Answer:
$36,000
Explanation:
The first step is to calculate the equivalent unit of work in process
=degree of completion × ending work in process
= 40/100 × 3000
= 0.4 × 3000
= 1,200
The total equivalent units of production can be calculated as follows
= 21,000 + 1,200
= 22,000 units
The cost per equivalent unit can be calculated as follows
= 660,000/22,000
= $30
Therefore the cost of ending work in process can be calculated as follows
= equivalent unit × cost per equivalent unit
= 1,200 × 30
= $36,000
I believe the answer is: she would have to accumulate the amount of hours she works and costs for things she need to do her job.
Both of these could be use to determine the tax bracket where Sara belonged and could be considered as tax deduction that could be made to reclaim some part of Sara's tax payment. This would give Sara the most amount of income that she could use for future consumption.
1. a balance sheet includes all except depreciation.
2. business do have to report their financial statements to the irs so this is true.
3. the loss that a company experiences when a service goes unused is a liability.
hope this helps ☺
Answer:
See the explanation below.
Explanation:
<u>Details Amount ($) </u>
Issued common stock 74,000
Dividend paid (13,000)
Settlement of note payable (120,000)
Treasury stock acquired <u> (120,000) </u>
Net cash flows from financing activities <u> (179,000) </u>
