Use the following information in the adjusted trial balance for Stockton Company to answer the following questions. Stockton Company Adjusted Trial Balance For the Year ended December 31, 2010 Cash $ 6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation $ 1,100 Accounts Payable 1,900 Notes Payable 4,200 Bob Steely, Capital 12,940 Bob Steely, Withdrawals
790 Fees Earned 8,750 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 85 Totals $28,890 $28,890 Determine total assets.
A) $23,630
B) $15,330
C) $21,430
D) $22,530
C
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Bettie Corporation uses a weighted-average process costing system to collect costs related to production. The following selected information relates to production for October: Materials ConversionUnits completed and transferred out 50,000 50,000 Equivalent units: work in process, October 31 10,000 4,000 Total equivalent units 60,000 54,000 Materials ConversionCosts in work in process on October 1$9,000 $5,400 Costs added to production during October 243,000 513,000 Total cost$252,000 $518,400 All materials at Bettie are added at the beginning of the production process.What total amount of cost should be assigned to the units in work in process on October 31? (Round your intermediate calculations to 2 decimal places.)
A. $ 80,400 B. $138,000 C. $ 78,500 D. $135,500
The elegance criterion for voice systems requires that they should be simple to understand, apply to a broad range of issues, and allow for a definitive response.
Answer the following statement true (T) or false (F)
Which of the following is considered to be a part of intellectual property?
A) buildings B) vehicles C) business contracts D) patents
If the problem is infeasible, then the modeler can create a dummy destination in order to equalize the demand and supply
a. True b. False