Answer:
the experience curve
Explanation:
The experience curve refers to a company having lower production costs due to increasing experience of the manufacturing process.
This concept applies to most activities in life, do you remember "practice makes perfect", well practice is equal to experience. For example the first time you drove a car, it probably took you a long time to go from your point of origin to your destination. Your driving inexperience increased the costs of driving from one place to another (more time and fuel spent). But after a while, when driving was something normal you are able to drive the same distance at a lower cost (less time and fuel).
Imagine for a car company that is trying out a new model. The first units are usually assembled with several flaws that must be corrected and are used to research possible design or equipment flaws. Those failures are corrected as the workers acquire more experience.
Answer:
delegation of authority
Explanation:
Louise projects a part of the work to her subordinates, and this is referred to as the delegation of authority. Her job duty is to delegate tasks to subordinates efficiently, and it shouldn't be considered as a way of putting in less effort. A manager (especially a project manager) has the duty of segregating the project into chunks and efficiently delegating it to colleagues.
Answer:
Equity REIT's
Explanation:
In this scenario, it can be said that the best recommendation would be Equity REIT's. These are Real Estate Investment Trusts. REIT's tend to pay a higher dividend yield than most other types of stocks since they have been structured to generate net rental income. While maintaining the risk level moderate due to the underlying diversification of the trust itself. Therefore since the yield is higher and the risk level moderate this is the best next investment for the teacher to get into.
Explanation:
a. The journal entries are as follows
On June 15
Retained earning A/c Dr $60,000
To Dividend payable $60,000
(Being cash dividend declared)
On June 30
No journal entry is required
On June 10
Dividend payable $60,000
To Cash $60,000
(Being the dividend is paid)
On Dec 15
Retained earning A/c Dr $64,000
To Dividend payable $64,000
(Being cash dividend declared)
On Dec 31
No journal entry is required
b. Now the dividend is reported on the retained earning statements in a negative sign whereas the dividend payable is reported on the current liabilities of the balance sheet
The cost of the direct material that's used will be $2000.
<h3>How to calculate the cost?</h3>
The direct material used will be calculated thus:
= Total manufacturing cost - Factory overhead - Direct labor cost
= 14000 - 8000 - 4000
= 2000
In conclusion, the correct option is 2000.
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