Answer:
Fixed Cost and Variable cost
Explanation:
it is the Variable cost that consist of firm's expenditures made before production while fixed cost comes regardless of the level of production.
Answer:
The amount of the net new equity raised during the year is $34,000.
Explanation:
Net new equity = total equity - common stock - paid-in surplus - (retained earnings + net income - paid dividends)
= $142,430 - $55,000 - $11,200 - ($48,420 + $26,310 - $32,500)
= $34,000
Therefore, the amount of the net new equity raised during the year is $34,000.
Answer: Option (a) is correct.
Explanation:
Materials Costs = Units × Unit Material Cost
= 6,000 × $8
= $48,000
Conversion costs = Units × Percentage Complete × Unit Conversion Cost
= 6,000 × 75% × $12
= $54,000
Ending Work-In Process Inventory:
= Materials Costs + Conversion Costs
= $48,000 + $54,000
= $102,000
The correct option is C.
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Entertainment; actors, singers, etc.