<span>I am definitely sure that correct answer is: Using conversion cost per equivalent unit is appropriate for many business that use process costing because d</span>irect labor and factory overhead enter the production process at the same rate. To calculate cost per equivalent unit you need to the total cost of production and divide by the number of units.
Answer:
The best response to Tracy's comments is:
B. Although you can hire someone to keep your books, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions.
Explanation:
Here in the given question it is mentioned that Tracy is wanting to start her own business but she has a very little knowledge about how to setup an accounting system and how the financial interpretation is been done.
So, she tells her friends that she is not at all worried about accounting. For this purpose she will be hiring a part time book keeper who will be handling all her stuff and who will also help her in focussing her attention in the different and innovative ideas of satisfying her customers.
Therefore, the best response to Tracy's comments can be given by:
B. Although you can hire someone to keep your books, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions.
Answer:
The correct answer is 3. housing for migrant workers.
Explanation:
The neglected infectious diseases in the Americas continue to affect millions of people, but above all, those communities made up of the indigenous populations of the countries and the Afro-descendants born on the continent. In both cases, these and other populations in general, represent the poorest and most marginalized groups in their countries. To this concern, the Pan American Health Organization presents here a first view of the geographical distribution of priority neglected infectious diseases in the Americas.
Answer:
$2,251.63
Explanation:
Calculation for the approximate annual lease payment
Since we looking for the approximate annual lease payment this means that our annual lease payment will be x and since the interest rate is 5% and we were been told that the first payment occured at the beginning of lease in which balance of 5 payments at the end of each year which means that we would find the PVA factors of (5%,5)
Hence,
x + x × Present value annuity factor (5%,5)
= $12,000
x + x(5.3295) = $12,000
5.3295x = $12,000
Now let divide the PVA of 5.3295 by $12,000 in order to get the approximate annual lease payment
x = $12,000 / 5.3295
x = $2,251.63
Therefore the approximate annual lease payment will be $2,251.63