Answer: review your strengths, weaknesses, and career goals
B. owner contributions; retained earnings
Answer:
b.
Explanation:
Based on the information provided within the question it can be said that this is a liquidated damages clause if the amount is a reasonable estimate of the loss on a breach. This a safety feature placed in order to recover money lost on the negligence of the party that breached the contract, so that the other party does not suffer much loss.
Answer:
Using the weighted average method, the Equivalent units for material is:
= Units completed and transferred out + Equivalent closing material
= 375,000 + (97,000 units * 80% complete with respect to materials)
= 375,000 + 77,600
= 452,600 units
Equivalent units for conversion:
= Units completed and transferred out + Equivalent closing units with respect to conversion
= 375,000 + (97,000 * 30%)
= 375,000 + 29,100
= 404,100 units
