Which costs should be included in the calculation of the cost per equivalent unit using the weighted-average method of process costing?
A) Current period costs only
B) Current period costs plus those from beginning work-in-process inventory
C) Current period costs less those from beginning work-in-process inventory
D) Current period costs less those from ending work-in-process inventory
B
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Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable $ 30,000 Accounts receivable 60,000 Accrued liabilities 5,000 Cash 30,000 Intangible assets 50,000 Inventory 69,000 Long-term investments 80,000 Long-term liabilities 100,000 Marketable securities 30,000 Fixed assets 670,000 Prepaid expenses 1,000
a. 3.4 b. 3.0 c. 2.2 d. 1.8
An organizational chart is a graphic representation of ____
a. informal communication channels within the organization. b. both informal and formal communication channels within the organization. c. formal communication channels within the organization. d. external communication channels utilized by the organization.
In the United States, the regulation of advertising involves a complex mix of laws and informal restrictions designed to
A. reduce international competition. B. promote social marketing. C. protect consumers from deceptive practices. D. stimulate domestic demand. E. institutionalize pull strategies.
Explain the differences in recording the initial issue of stock for (a) par-value, (b) stated- value, and (c) no-par stock.
What will be an ideal response?