Answer:
Unit production is $4.9
Explanation:
Unit production per unit of materials=(materials WIP+cost of additional materials)/equivalent units of materials
materials WIP is $5100
cost of additional materials is $53000
equivalent units of materials is 23240
unit production cost per material=($5100+$53000)/23240
=$2.5
Unit production per unit of conversion costs=(Conversion WIP+additional conversion costs)/equivalent units of conversion costs
Conversion WIP is $3400
additional conversion costs $41000
equivalent units of conversion costs 18500
unit production cost per conversion cost =($3400+$41000)/18500
=$2.4
The unit production cost is $2.5+$2.4=$4.9
A bond is the issuer's written promise to pay the par of the bond with interest. multiple choice market value par value interest value.
A bond is the issuer's written promise to pay the par value of the bond plus interest. The face value of a bond, also known as face value or face value, is paid on a specific future date known as the bond's maturity date. For most bonds, the issuer is required to pay interest semi-annually.
In the contract between the borrower (company) and the lender (investor), the borrower pays the specified amount of interest for each period and promises to repay the principal on time.
A bond agreement is a legal document that sets out the rights and obligations of both parties. Issuing company and creditor. It is intended to address all issues related to bond issuance, including: As collateral and call charges.
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Large companies and corporations usually have this kind of method. Company abc gave a common stock<em> </em><em>(also known as common stock) </em>to each and every stockholder in the company. It represents ownership in a corporation. Stock holders are also given the right to vote and chose among themselves the board of directors.
Answer:
Explanation:
Functional level strategies can improve a company’s ability to attain superior efficiency, quality, innovation, and customer responsiveness by reducing costs and improving production by ways such as economies of scale, learning effects, marketing strategies or efficient information technologies.
Answer:
e. Merchandise Inventory Debit 19,982
Accounts Payable Credit 19,982
Explanation:
In a perpetual inventory system, the inventory account is used to record purchases and cost of goods sold. Inventory counts are conducted on periodic basis and the inventory quantities are matched with inventory records and any differences are adjusted.
Since Morgan Inc. also uses the net method to record purchases, any discounts allowed are considered to have been received.
In this question, the terms are 3/10, n/30 which means that a 3 % discount is allowed on payment within 10 days and if not then the payment has to be done within 30 days.
Considering a 3 % discount on the purchase value of $ 20,600, the entry to be recorded shall be at a value of $ 19,608 (20,600-618)
