Answer:
18,500 units
Explanation:
We simply use the physical units to determine the units completed
Units completed = Units in opening inventory + units started - units in ending inventory
therefore,
Units completed = 5,900 + 18,000 - 5,400 = 18,500
therefore,
Units completed during April amount to 18,500
True
I had this question in my lesson already it’s true
In this market, it can be concluded that at a price level of $100 per unit, there is <em>C. a shortage of 0.4 million units.</em>
- This market shortage occurs because 0.4 million units of the goods were not supplied. There is excess demand and shortage in supply.
- The market demand increased from the equilibrium quantity of 5 million units to 5.2 million while the market supply reduced from the equilibrium quantity of 5 million units to 4.8 million.
- The shortage of 0.4 million units results from the difference between the quantity demanded (5.2 million) and the quantity supplied (4.8 million) as a result of reduced price.
Thus, the market shortage shows the reduced willingness of suppliers to supply goods at the new price of $100 per unit instead of at the acceptable equilibrium price of $120 per unit.
Read more about market surplus and shortage at brainly.com/question/24385458
Answer:
$17,400
Explanation:
Given that,
Purchased cash registers on April 1 = $18,000
Estimated useful life of asset = 5 years
Using straight line depreciation method,
Depreciation:
= (Original cost - Salvage cost) ÷ Estimated useful life
= ($18,000 - $0) ÷ 5
= $3,600 per year
Two months depreciation:
= Depreciation per year × (2 ÷ 12)
= $3,600 × (1 ÷ 6)
= $600
Book value of the cash registers on May 31:
= Original cost - Two months depreciation
= $18,000 - $600
= $17,400
