One of the opportunity costs of going to college is not being able to take a job. By choosing to go to college, you will give up the income you would have earned on the job. Jobe experience you would have acquired. Another opportunity costs going to college is the cost of tuition, books, supplies, and so on.
Accounting cycle has various steps to discuss, which are listed below,
Explanation:
- The first step in accounting cycle is to analyze and have a record of transactions.
- Post closing trial balance is an optional step in the accounting cycle.
- Journalizing and posting the closing entries are the steps required to complete throughout the accounting period.
- Adjustments of accounts, preparing the financial statements and closing accounts are completed at the end of accounting cycle period.
- The last step in the accounting cycle is to post closing trial balance.
Answer:
All of the above
Explanation:
Time study
Motion study
Method study
All of the above
Answer:
<u>Planned obsolescence.</u>
Explanation:
Planned obsolescence is a strategy used by companies whose goal is to ensure the outdated product and the release of an updated version of the product to arouse the interest of consumers and consequently an increase in demand for the product with greater functionality.
There are several market sectors that use the planned obsolescence strategy, which can be noticed in technology companies, which require more frequent product replacements (smarthphones, computers, tablets ...) due to the wear and tear of physical components and operating system upgrades. generally requires larger features less compatible with previous hardware.
Therefore, despite a widely used strategy, it is ideal for organizations to analyze the implementation of planned obsolescence so as not to be misunderstood by consumers when improvements and upgrades are insufficient to replace the product with a newer one.
Answer:
5,500 units
Explanation:
Given that
Beginning units = 900 units out of one third is completed i.e = 300 units
Started and completed units = 5,000 units
Ending units = 800 units out of one fourth is completed = 200 units
So, according to the weighted average valuation method, the equivalent units is
= 300 units + 5,000 units + 200 units
= 5,500 units
This is the answer but the same is not provided in the given options
