Answer:
e. A, 6,000; B, 6,000.
Explanation:
At the beginning of the process Materials A are added. Therefore it won't matter if the process is 80% or less/more is complete, the materials A have already been added and would be equivalent to the ending work-in-process inventory i.e. 6,000 units.
Materials B are added when the units are 75% complete. Since the ending work-in-process are 80% complete, then this means that the Materials B equivalent to 6,000 units have already been added to the ending inventory.
Hence, both materials A and B have been added to the ending work-in-process inventory for 6,000 units. Therefore, option E is correct.
Answer:
Rises
Explanation:
If labor demand is downward sloping and labor supply is upward sloping , then when labor demand rises faster than labor supply , it is expected that real wages rises.
Labor demand is downward sloping means the demand for labor in the market is less as compared to the supply of labor which is high as compared to its supply so when the demand starts rises faster as compared to the supply then the available labor been less in quantity gets a chance to demand for high wages because of monopoly competition .
Answer:
$995
Explanation:
Net income comprises of the dividends declared and the retained earnings. Dividends and retained earning are obtained from a company's net income. In other words, net come is retained earning plus dividends declared.
Interest paid is an expense that is factored when computing the net income. The common stock account does not relate to the net income.
For Maryland enterprises, net income will be dividend declared plus the change in retained earnings.
i.e., net income =$1,328 +(-333)
=$1,328-333
=$995
Answer:
$117,417
Explanation:
Calculation to Determine the amount to be capitalized in the asset account
Costs that are to be capitalized:
List price $118,660
Less: Discount ($5,043)
($118,660*4.25%)
Freight cost $2,640
Specialist fee $1,160
Total costs $117,417
Therefore the amount to be capitalized in the asset account will be $117,417
I'm assuming you want to talk about accountants, that is a practitioner of accounting or accountancy. They do disclosure or provision of assurance about financial information. This in turn helps managers, investors, tax authorities and others make decisions
about allocating resource.
In the US licensed accountants are Certified Public Accountants (CPAs), or Public Accountants (PAs), this varies from state to state.
