Answer:
$254,100
Explanation:
The computation of the cost of direct materials used in production is shown below:
= Direct materials purchased + Beginning raw materials inventory - Ending raw materials inventory - Indirect materials requisitioned and used
= $254,000 + $12,000 - $7,900 - $4,000
= $254,100
Hence, all the other information is not considered. Therefore, ignored it
Answer:
It represents the Integration stage
Explanation:
Money laundering is an illegal chain of activities done by individuals or corporate bodies to change the status of money gotten through a criminal activity into legitimate money. This chain of activities starts with the Placement stage then transforms into the Layering stage, then ends when it is already integrated into the legitimate financial system through the Integration stage.
After the money launderer conceals the illegal money through bank deposits or purchasing a life insurance policy at the Placement stage, the launderer then proceeds to further break the money into smaller amounts to evade suspicion by numerous transactions and bank deposits at the Layering stage, which is then ended by partial or whole surrenders of life insurance policies to make it now legitimate money.
Answer:
In the late 1960s and the early 1970s, the _texas bar association_ and the _texas association of realtors_ attempted to resolve the dispute by agreeing to several earnest money contracts that would be acceptable for real estate practitioners to use in their daily business.
Explanation:
(Texas Bar) is a judicial body which is under the Supreme Court's administrative control. They shall assist the Texas Supreme Court with the supervision of all lawyers in Texas. It is America's fifth largest lawyer group.
The association of realtors is an organised group that protects the rights of realtors and also lays down some ground rules for all realtors to abide.
Answer:
Explanation:
The preparation of the income statement is presented below using the generally accepted accounting Principles (GAAP) :
Sales $176,000
Less: Cost of goods sold ($97,200) ($54,000 + $43,200)
Gross margin $78,800
Less: Selling and administrative cost ($31,000) ($17,200 + $13,800)
Net income $47,800
Hence, we considered all the given information
Answer:
$600 loss
Explanation:
A call option is defined as a contract that exists between ba buyer and seller of a call option to exchange securities held at a particular price within a specific period.
To calculate the profit realised on the investment
Profit from call option= (150- 139) * 100
Profit from call option= $1,100
Profit from premium= 17 * 100
Profit from premium= $1,700
Profit on investment= Profit from call option - Profit from premium
Profit on investment = 1,100 - 1,700 = -$600
So there is a loss of $600
