Answer:
the equivalent units of production is 250 units
Explanation:
The computation of the equivalent units of production is units under FIFO method is shown below:
= Opening inventory balance in units + additional units - ending inventory balance units
= 25 units + 275 units - 50 units
= 250 units
hence, the equivalent units of production is 250 units
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Option A: Must be calculated on earned income as well as adjusted gross income in some cases
Explanation:
Earned Income Credit also abbreviated to EIC is known to be a refundable tax credit. It is usually for qualified (low-income) taxpayers who have earned income such as wages.
Earned income are simply wages, self-employment income, and eligible disability pay.
The reason/purpose of the Earned Income Credit is to limit or reduce the tax burden on working families with lower earned income.
Answer: Decrease by $9,800
Explanation:
It is shown that fees of $9,800 were earned during the month from clients who had paid in advance. Unearned fees are liabilities because they represent revenue that a company made for services it has not delivered yet.
When the company delivers the service like these ones just did, they will reduce this liability because they have now earned this revenue by delivering the service.
Omega will therefore reduce their unearned fees account by $9,800.
Answer:
<u>d) objective research</u>
<u>Explanation:</u>
We need to note that mention was made that the research was "<em>Carefully controlled." </em>Been carefully controlled shows that the research has an objective.
Furthermore, measuring the reactions of consumers at different salt levels makes the research factual and thus a decision could be made from the findings.