Answer:
Total Equivalent units of production= 71,600 units
Explanation:
<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>
Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production
<u>Equivalent units of production:</u>
Units completed in the period= 62,000
Equivalent units in ending inventory WIP= (16,000*0.6)= 9,600
Total Equivalent units of production= 71,600 units
Answer:
- We assume the Tax year to be 2019
- Jack and Kendra are classified as Married Filling Jointly - 2019. If any of the clients have only Social Security benefits without any other taxable income, then, there is no need for such clients to file a tax return.
Here, Jack and Kendra are retired couples and has no other source of income except the Social Security benefit (and the Military pension is not taxable). Also, the interest income is very less than the Standard deduction itself which is $27,000. So, none of the couples social security benefit is taxable for the tax year 2019.
Based on what you have a degree on, where the company/business is, would you be happy with the amount of money you got, and would you be ok with what you're doing.
Answer:
A) True
Explanation:
The net revenues of any company is calculated using the following formula:
Net revenues=Gross revenues-sales discount-sales returns-allowances
=$100,000-$3,000-$4,000-$2,000
=$91,000
Based on the above discussion, the answer is A) True
Answer:
profit sharing
Explanation:
profit-sharing plan can be regarded as retirement plan which is designed to let an employee to have a share in the profits of a firm. In this particular plan some percentage of the profit made by the company,firm can be received by the employee using the quarterly or annual earnings of the employee as the basis.