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4 years ago

Determine the total relevant cost per unit if starters are purchased from an outside supplier.

1 answer:

7 0

The total relevant cost per unit if starters are purchased from an outside supplier would include the contract price or the amount you would have to pay for the purchase and the freight of the product purchased. The total cost would include these two and dividing this total cost with the number of units purchased would yield to the relevant cost per unit.

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Suppose Jack Roper pays his employees $19.25 per hour at his organic rice packaging plant. He does this even though the market r

nydimaria [60]

Answer:

In my opinion Jack believes in the efficiency wage theory. This theory states that an increase in wages will increase labor productivity, lower staff turnover and attract the best possible employees.

So when Jack increases his employees' salaries, their increased productivity will recoup the extra labor costs. At the end, Jack believes his profit will increase because of the higher wages he pays.

8 0

3 years ago

Delmar Company purchased a building on January 2 by signing a long-term $480,000 mortgage with monthly payments of $4,400. The m

photoshop1234 [79]

Answer and Explanation:

The journal entries are shown below:

For the month of January

Cash $480,000

To Mortgage Payable $480,000

(Being the mortgage payable is recorded)

For recording this we debited the cash as it increased the assets and credited the mortgage payable as it also increased the liabilities

For the month of February

Mortgage Payable $400

Interest Expense $4,000 {($480,000 × 10%) ÷ 12 months}

To Cash $4,400

(Being the cash paid is recorded)

For recording this we debited the mortgage payable and interest expense as it decreased the liabilities and increased the expenses and credited the cash as it decreased the assets

Now the balance left is

Beginning balance of Mortgage Payable $480,000

Less: February Deduction (400)

Ending Balance of Mortgage Payable $479,600

6 0

4 years ago

Gillian reprimands an employee in front of his peers for speaking out of turn during a sales meeting. Which of the following typ

kykrilka [37]

Answer:

The correct answer is the option B: Negative reinforcement.

Explanation:

To begin with, in the field of behavioral psychology and business management the concept known as "Reinforcement" refers to the action or process of changing or keeping someone's behavior by the action of having an specific reaction that will be negative or positive accepted by the individual whose behavior we are looking to change or maintain. Therefore that the reinforcement is followed by a particular stimulus that the individual normally has when making the action that we want to change or keep.

The negative reinforcement refers to the process of producing a consequence with the purpose of avoiding or trying to stop certain stimulus so that the individual will stop that behavior in order to avoid the consequence.

8 0

3 years ago

At the beginning of Year 1, the company's inventory level was stated correctly. At the end of Year 1, inventory was overstated b

Furkat [3]

Answer:

$5,000 ; $2,550

Explanation:

The computation is shown below:

For net income in year 1

= Reported net income + overstated inventory amount

= $3,000 + $2,000

= $5,000

For net income in year 2

= Reported net income - understated inventory amount

= $3,000 - $450

= $2,550

Therefore, the net income in Year 1 and in Year 2 is $5,000 and $2,550 respectively.

5 0

4 years ago

On December 1, 2018, Marigold Corp. issued at 102, 750 of its 7%, $1,000 bonds. Attached to each bond was one detachable stock w

balu736 [363]

Answer:

$726,750

Explanation:

According to the given problem,

Bonds issued at 103% of the face value.

Face value of the bonds = $1000

Coupon rate = 7%

Number of bonds issued = 750

The data indicates that each bond is issued with a separate stock warrant which has a market value of $50.

However the question was provided that the value of the proceeds from issuing the bonds should be found.

At 102 per cent of the bond's face value, each bond is issued.

Request bond price along with stock warrant.

= 102% ($1000) = $1020

Total number of bonds = 750

Proceeds from the issuance of total number of bonds

= 750 * $1020 = $765 000

The value of the proceeds from issuing the bonds therefore is $765 000.

You deduct the $50 stock purchase warrant at 102 per cent initial market value.

50 * 1.03 = 51

51*750 = 38250

$765,000 - $38,250 = $72,6750

3 0

4 years ago