Answer:
<u>Retained earnings under the Balance sheet</u>
Explanation:
Making comparisons between the two inventory value when using FIFO or Average cost method=
63.0M - 47.1M = $15.9M
We see an <em>increase</em> in the ending inventory.
Thus, this increase in income has been unprecedented, and may not have been distributed to the shareholders of Adonis Industries. On the balance sheet journal entry this extra income would be indicted on the balance sheet on the retained earnings column for year 2021.
Answer:
Wetlands are highly productive and biologically diverse systems that enhance water quality, control erosion, maintain stream flows, sequester carbon, and provide a home to at least one third of all threatened and endangered species. ... improve water quality. provide wildlife habitat. maintain ecosystem productivity.
<span>An increase in investment shifts the AE curve upward by an amount equal to the change in investment, and shifts the AD curve rightward by an amount equal to the change in the investment by the multiplier.
The AE curve stands for the aggregate expenditure which measures expenditures on consumption. The AD curve stands for the aggregate demand curve which measures the demand levels when prices change for a good or service in an economy.
</span>
Answer:
A residential property is greatly diminished in value because of the constant noise of jets taking off from a recently expanded municipal airport. In order to be compensated for this loss, the owner could:
B.bring a suit alleging inverse condemnation
Explanation:
A law suit is a claim or legal problem taken to a court of law by an individual or organization rather than the authorities for a legal decision to be made. In the case above, the residential property diminished in value after constant noise of jets taking off from a recently expanded municipal airport. The loss in value is as a result of the recently expanded municipal airport and the property owner wants to be compensated for this loss.
In law, there are different terminologies and phrases that have specific meaning, some of them are as follows;
1. Inverse condemnation
Inverse condemnation is a case where a government entity takes private property or influences the value of that private property in one way or another then fails to compensate. In our case, this law suit can apply since the municipal airport is under the jurisdiction of the government and there action of expanding the airport caused a decline in value of neighboring residential property thus they should compensate the owner for this loss. The owner can bring a suit alleging inverse compensation.
Answer:
Material EUP = 5000
Conversion Costs EUP = 51,200
Explanation:
Under weighted average method
Beginning Work in Process Inventory 10,000
Units Started <u> = 40,000</u>
Units to account for <u>50,000</u>
<em><u>In the Work In Process for Conversion Costs</u></em>
Beginning Work In Process (10,000*20 %) = 2000 were complete
Work done on beginning inventory = 10,000- 2,000= 8,000
Units Started = 40,000
Add Ending Inventory (8000*40%) <u> 3200</u>
Units to account for = <u>51,200</u>
