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Ugo [173]
3 years ago
10

The process cost summary summarizes:_________

Business
1 answer:
natka813 [3]3 years ago
4 0

Answer and Explanation:

The summary of the process cost involves the physical flow of units, equivalent units of production, cost per equivalent unit, and the total cost assignment to the units worked on the given time period

Only these four things would be shown in the summary of the process cost

Other than this would be ignored

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QUESTION 6 of 10: Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If h
PtichkaEL [24]

Answer:

21 security workers

Explanation:

Calculation for how many security workers that was hire

First step is to calculate the amount earned by each employee

Amount earned=80 hours x $14

Amount earned=$1,120

Last step is to calculate how many security workers that was hire

Using this formula

Numbers of Security hired=Security workers labor cost /Amount earned

Let plug in the formula

Numbers of Security hired=$23,520/$1,120

Numbers of Security hired=21 security workers

Therefore the numbers of Security workers that was hired will be 21

8 0
3 years ago
Enscoe Enterprises, Inc. (EEI) has 220,000 shares authorized, 180,000 shares issued, and 20,000 shares of treasury stock. At thi
son4ous [18]

Answer:

Enscoe Enterprises, Inc. (EEI):

a) Number of shares of stock outstanding is 160,000 shares (180,000 minus 20,000).

b) The book value per share = (value of common stock plus retained earnings) divided by outstanding shares

= $(400,000+ 240,000)/160,000 =  $640,000/160,000 = $4 per share

c) The book value per share represents how the equity shares are valued in the company's accounting records.  This may not be similar to the market value per share.  The market value per share is determined by market sentiments, which cannot be historically accounted for as the book value is.

The book value per share can be compared to the market value per share to determine if a stock is overvalued or undervalued.

At liquidation, the book value per share represents what each shareholder would get if all the assets are sold and liabilities liquidated.  But, the market value per share is what the investor gets if she sells the stock in the market without waiting for the company to be liquidated.

Explanation:

a) Treasury Stock is a contra account to the Common Stock.  When stock is repurchased it reduces the issued shares by the number.  It is only the outstanding stock that has equity interest in the entity.

b) The book value per value is the net worth of the company divided by the number of outstanding shares.  It shows the net assets value per share.  The net assets are the total assets minus the total liabilities.  It is the same thing as Equity or the interests of equity stockholders in the company.

5 0
3 years ago
Why do lenders use your utilities payment history to approve credit?
nikitadnepr [17]
There is more than one reason, but there are two main things they are looking at.  They need to see if you are paying on time.  The payment history will show if you get behind or not.  And because a utility bill is similar to a loan payment, because you have to pay it or you lose your services, they see how responsible you are by checking that.  The second major reason they do this is to see what your debt is already.  They want to make sure you can afford, with all your bills, to pay them back. 
8 0
3 years ago
Kelly is 28 years old and lives in California. This year 2019 tax year, Kelly bought a new auto for $20,000 plus 1,650 in state
Trava [24]

$8260 + $5500= 13,760 State income taxes, but not sales taxes,

7 0
2 years ago
Consider a hypothetical closed economy in which households spend $0.60 of each additional dollar they earn and save the remainin
Liono4ka [1.6K]

Answer: Marginal propensity to consume = $0.60

              Spending multiplier = $2.5

Explanation: The MPC can be calculated using following equation :-

MPC=\frac{change\:in\:consumption}{change\:in\:spending}

MPC=\frac{\$0.60}{\$1}

               = 0.60

Similarly, we can calculate spending multiplier as :-

Spending\:multiplier\:=\:\frac{1}{1-MPC}

Spending\:multiplier\:=\:\frac{1}{1-0.60}

                                            = $2.5

8 0
3 years ago
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