Suppose the risk-free rate of return is 3.5 percent and the market risk premium is

Suppose that an economy's labor productivity and total worker-hours each grew by 3 percent between year 1 and year 2. we could c

goldenfox [79]

Production possibilities curve shifted outward

5 0

3 years ago

Thomas Company uses the weighted-average method in its process costing system. The first processing department, the Welding Depa

slega [8]

Answer:

Cost per equivalent unit for conversion costs for the month = $6.21

Explanation:

The weighted average cost of valuation does not separate the opening inventory from the units newly introduced when accounting for completed units in a production period.

To determine the cost per equivalent units using Weighted Average Method, follow the steps below:

Step 1: Determine the equivalent Unit

Completed units = 10,000+ 60,000-19000= 51000

Items Workings Equiva. Units

Completed units 51,000 (51000 *100%) = 51,000

Closing WIP 19,000 19,000 * 70%) = 2,800

Total Equivalent units 64,300

Step 2 : calculate total conversion cost

= 19,200 + $380,060 = 399,260

Step 3 = Cost per Equivalent unit per conversion cost

Cost per unit = Total conversion cost/total Equivalent units

=399,260 /64,300

= $6.21

Cost per equivalent unit for conversion costs for the month = $6.21

5 0

3 years ago

a fast food restaurant is an example of part 2 a. high customization and low degree of labor. b. high customization and high deg

Radda [10]

A fast-food restaurant is an example of a low-degree of labor and low-customization. The correct answer is D.

<h3>What is a fast-food restaurant?</h3>

A fast food restaurant is a type of eatery that offers fast food cuisine and provides minimal table service. Fast food restaurant sometimes referred to as "quick-service restaurants" or QSR in the industry. Fast food is famous since it is cheap, convenient, and delicious. Fast food may contain refined grains rather than whole grains, cholesterol, saturated fat, and extra sugar. Fast food cuisine may also be rich in sodium or salt, which is used as a preservation agent and enhances the flavor and satisfaction of meals.

Learn More

Learn more about the fast food industry now employs some of the most disadvantaged members of American society here brainly.com/question/27732956

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4 0

1 year ago

Match each of the following characteristics that describe financial accounting, managerial accounting, both financial and manage

ella [17]

Answer:

1. Managerial accounting

2. Financial accounting

3. Both financial and managerial accounting.

4. Financial accounting

5. Financial accounting

6. Financial accounting

7. Financial accounting

8. Managerial accounting

9. Managerial accounting

10. Both financial and managerial accounting.

11. Neither financial nor managerial accounting.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Examples of financial statements includes Balance sheet, cash-flow and income statement.

Managerial accounting also known as cost accounting is an accounting technique focused on identification, measurement, analyzing, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.

1. Managerial accounting: Is future oriented.

2. Financial accounting: Is used primarily by external parties.

3. Both financial and managerial accounting: Is relied on for making decisions.

4. Financial accounting: Is historical in nature.

5. Financial accounting: Has reports that can be obtained through the company website or requested from the company CFO for publicly traded companies.

6. Financial accounting: Is reported in aggregate for the company as a whole.

7. Financial accounting: Has reports that may be created daily or even in real time.

8. Managerial accounting: Is used mostly by managers within the company.

9. Both financial and managerial accounting: Must be accurate to help decision makers.

10. Neither financial nor managerial accounting: Is always available on the Internet to any interested party.

5 0

4 years ago

The general journal is used to: a. post all accounting entries not posted in other individual journals. b. post all accounting e

hjlf

Answer: The general journal is used to post all accounting entries.

Explanation:

The general journal is the journal where all company transactions are recorded in. In other words, a general journal is the book of original entry where bookkeepers and accountants record business transactions according to the date the transactions take place.

It is the initial place where transactions are recorded, every page in the journal is divided into columns for dates, debit or credit records, serial numbers etc. Some companies keep specialized journals, such as sales journals or purchase journals, which records only a particular type of transactions. When a transaction has been recorded in the general journal, the amount is then posted to the appropriate accounts.

6 0

3 years ago

Read 2 more answers