Answer:
b. 104
Explanation:
" Arona uses a weighted-average process cost "
Equivalent units as the materials are added entiely at the beginning of the process the equivalent untis will match the physical units:
84 complete and transferred + 20 ending inventory = 104
under weighted average the ocompany's don't make the difference among started and started and complete like in FIFO
Answer:
C
Explanation:
Based on the scenario being described within the question it can be said that FL Systems Inc. will find it harder than Oryxo Systems Inc. to attain competitive advantage. This is mainly due to the fact that FL Systems Inc. has a large percentage of their money locked in intangible assets. These are assets that cannot be touched or physically used by the customers which makes it very difficult for customers to see the potential value which ultimately hurts their competitive advantage.
Answer:
Statement B is correct
Explanation:
Provided Information that,
Company A has shorter Average Collection Period than Company B,
Average Collection Period refers to the period in which the cash is collected from debtors.
Thus in the given statements only statement B states that Company A is more efficient in collecting receivables from debtors, thus it is the correct statement.
Statement A is wrong as Company A has less Average Collection Period, thus it's credit sales percentage would be higher than Company B.
Statement C which states about generating revenue is not correct as the company might have cash sales.
Statement B is correct
Answer:
The correct answer is $9187.5.
Explanation:
According to the scenario, the given data are as follows:
Asset cost = $140,000
Residual value = $42,000
Life period = 8 years
So, Annual depreciation can be calculated by using following method:
Annual depreciation = ( Asset cost - Residual value) ÷ Life period
= ($140,000 - $42,000) ÷ 8
= $12,250
As depreciation is to be recorded till Dec.31
So, total time period = Apr - Dec = 9 months
So, Depreciation expense till Dec.31 = $12,250 × (9 ÷ 12)
= $9,187.5
Hence, Depreciation expense till Dec.31 is $9,187.5.
