Answer:
<u>cost to be accounted for:</u>
beginning cost: 180,000
added cost        756,000
total cost         <em>   936,000</em>
<u>cost accounted for:</u>
ending WIP 30,000 x 5.2           =  156,000
trasnsferred-out: 150,000 x 5.2 =  780,000
total cost accounted for           <em>      936,000</em>
Explanation:
150,000 completed
  50,000 at 60%
weighted average equivalent unit:
complete + percetage of completion ending WIP
150,000 + 50,000 x 60% = 180,000
Cost per unit:
936,000 / 180,000 = 5.2 dollar per unit
we should match the total cost pool with the ending WIP and trasnferred out units
 
        
             
        
        
        
Answer:
This statement is True.
Explanation:
The Financial Accounting Standards Board (FASB) is the successor of the <u><em>Accounting Principles Board</em></u> and was founded in 1973. Currently based in Norwalk - Conn, the FASB is responsible of establishing the Generally Accepted Accounting Principles (GAAP), and, overall, is in charge of setting accounting and financial reporting standards for public and private companies, as well as non-profit organizations in the United States. The FASB is also currently working to establish worldwide acceptable standards together with the International Accounting Standards Board (IASB).
 
        
             
        
        
        
Answer:
NPV = $-41,928.18
Explanation:
Net present value is the present value of after tax cash flows from an investment less the amount invested. 
NPV can be calculated using a financial calculator:
Cash flow in year 0 = $-300,000
Cash flow each year from year 1 to 10 = $42,000
I = 10%
NPV = $-41,928.18
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction. 
3. Press compute 
I hope my answer helps you 
 
        
                    
             
        
        
        
Answer:
The un levered beta ( bu) of the company is 1.52
Explanation:
Given information - 
Equity  (E) - $20 million
Debt (D) - $5 million
Beta ( levered ) - 1.75
Tax rate ( T ) = 40%
D / E ( Debt to Equity ratio ) = $ 5 million / $20 million = .25
Formula for taking out un levered beta ( bu) is -
Beta levered ( bl ) = Beta un levered ( bu ) [1 + (1 - T ) D / E ]
1.75 = bu [1 + (1 - 40% ) .25
1.75 = bu [1 + .6 x .25 ]
1.75 = bu [ 1 + .15 ]
1.75 = bu [ 1.15 ]
bu = 1.75 / 1.15
bu = 1.52
 
        
             
        
        
        
Answer:
Explanation:
The journal entries are shown below:
1. Cash A/c Dr $34,000
        To Common stock A/c $34,000
(Being the cash is received in exchange of common stock)
2. Medical supplied A/c Dr $17,000
           To Account payable A/c $17,000
(Being the medical supplies are purchased on account)
3. Cash A/c Dr $1,600
         To Service Revenue A/c $1,600
(Being the cash is received for service performed)
4. Office Rent Expenses A/c Dr $3,000
            To Cash A/c $3,000
(Being the office rent expense is paid for cash)
5. Accounts Receivable A/c Dr $7,000
             To Service revenue A/c $7,000
(Being the service revenue is recorded)