According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
2 answers:
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Answer:
Total cost added including beginning inventory
Raw material = $136,000
Overheads = $180,960
Total = $316,960
Explanation:
As provided the opening Work in process units = 5,000 units
Units started during the period = 37,500 questions
Closing work in process = 8,000 units
That means units produced = opening + additions - closing
= 5,000 + 37,500 - 8,000 = 34,500 units
Provided cost of beginning inventory = $16,000 for raw material and $12,000 for overheads
Also it is 100% complete for raw material and 50% complete for overheads
That means raw material per unit = $16,000/5,000 = $3.20
And the overheads 100% = $12,000 2 = $24,000
Overhead per unit = $24,000/5,000 = $4.80
Therefore, cost added during the period
Shall be
Raw material = 100% = 5,000 + 37,500 = 42,500 $3.20 = $136,000
Overheads = for 34,500 units 100% and remaining 8,000 = 40%
= 34,500 $4.80 + 8,000
$4.80
40%
= $165,600 + $15,360
= $180,960
Total = $316,960
Answer:
correct option is b. $22,000
Explanation:
given data
reported revenues = $810,000
expenses = $630,000
annual amount of amortization = $15,000
solution
we get here net income 2019 is
net income 2019 = revenue - expenses - amortization ........1
put here value
net income 2019 = $810,000 - $630,000 - $15,000
net income 2019 = $165,000
and
as here acquired stock on September
so we get here income for September to December that is
net income = $165,000 ×
net income = $55000
and
non controlling interest is
non controlling interest = 40% of $55000
non controlling interest = $22,000
so correct option is b. $22,000