Answer:
In 2018 income from continuing operations.
Explanation:
A variation in the accounting forecast impacts present and future periods and is not accounted for by repaying earlier periods. The adjustment in the warranty cost estimate is based on new information gained from experience which counts as an adjustment in the accounting estimate. The accounting change is part of continuing operations but is not recorded net of taxes.
Therefore first option is correct
Answer:
The balance in Salaries and Wages Payable at December 31, 2019 is $1,840
Explanation:
The computation of the balance in salaries and wages payable is shown below:
= Salaries and wages payable on January 31, 2020 - salaries and wages expense + salaries paid in January month
= $1,140 - $2,140 + $2,840
= $1,840
The other information which is given in the question is not relevant. So, it is not considered in the computation part.
Answer:
3/5
Explanation:
Probability is given by number of possible outcomes ÷ number of total outcomes
Number of possible outcomes = 4, number of total outcomes = 10
Probability (that A,B are not selected at the same time) = 4/10 = 2/5
Probability (that A,B are selected at the same time) = 1 - 2/5 = (5 - 2)/5 = 3/5
Answer:
Option A is correct ( Expected inflation does not change the real deficit)
Explanation:
Real deficits are real variable and it is not affected by the change in inflation rate, because inflation is nominal variable. So, nominal value of deficits can be affected, but real value of deficits will remain same.
Answer:
486 units
Explanation:
Computation for Department 1 The equivalent units of production for labor and overhead units.
Using this formula
(Completed and transferred out units × 100% percent) +(Ending work in process inventory ×60% complete for labor and overhead)
Where:
Completed and transferred out units 450
Ending work in process inventory 60
Let plug in the formula
(450 ×100%)+(60×60%)
=450+36
=486
Therefore the equivalent units of production for labor and overhead is 486 units.
