Business, 24.04.2020 16:47 iicekingmann
The Cutting Department’s output during the period consists of 21400 units completed and transferred out, and 3600 units in ending work in process that were 20% complete as to materials and conversion costs. Beginning inventory was 2400 units that were 20% complete as to materials and conversion costs. Under the FIFO method, what are the equivalent units of production for materials?
Answers: 2
Business, 22.06.2019 00:00
When is going to be why would you put money into saving account
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Business, 22.06.2019 11:50
The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.
Answers: 3
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Business, 22.06.2019 21:30
The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was
Answers: 1
The Cutting Department’s output during the period consists of 21400 units completed and transferred...
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