Goods a and b are substitute goods.
<h3>What are S
ubstitute goods?</h3>
Substitute goods are goods with similar characteristics that enables consumers or producers use them in place of one other in either the production or consumption process. An example of substitute goods are black pens and blue pens.
if the price of one of the goods in the substitute pair increases, the demand for the substitute increases and if the price of one of the substitute good reduces, the demand for the substitute increases. Thus, there is a positive relationship between the price of one of the substitute pairs and the demand for the other substitute pair, all things being equal.
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Answer:
c) a credit to Work-in-Process Inventory for $432,000.
Explanation:
Based on the information given Harrington should make a journal entry on December 31 that includes: A credit to Work-in-Process Inventory for the amount of $432,000 Calculated as :
Opening WIP $68,000
Add Costs incurred throughout $450,000
Less ending WIP ($86,000)
$432,000
Dr Inventory $432,000
Cr Work-in-Process $432,000
The answer could be left/right or up/down depending on the table that you are using.
The three mobile device management policies are as follows:
- Choose Your Own Device
- Company-Issued, Personally Enabled
- Bring Your Own Device
<h3>What's the purpose of mobile device management policies?</h3>
- A mobile device management policy controls the use and security of mobile devices within your organization. Without mobile usage guidelines, your company is vulnerable to cybersecurity hazards, theft, and corporate espionage attempts.
- Mobile smartphones are some of the least regulated and most exposed devices utilized by employees. Once any tool leaves the confines of your office, your equipment and sensitive information are at risk due to the likelihood of security breaches.
- Contractors, part-time and full-time employees, and other staff members must all abide by MDM regulations if they access company data on a mobile device. If you hire contractors frequently, make sure to inform them of MDM guidelines and, if required, create non-disclosure agreements (NDAs).
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Answer: When computing the cost per equivalent unit, the weighted-average method of process costing considers: C) costs incurred during the current period plus cost of beginning work in process inventory.
Explanation: This is because the weighted-average method takes into account the costs of the previous period and the costs of the current period.