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harkovskaia [24]
3 years ago
13

Cavy Company accumulated 580 hours of direct labor on Job 456 and 850 hours on Job 777. The direct labor was incurred at a rate

of $15 per direct labor hour for Job 456 and $26 per direct labor for Job 777. Journalize the entry to record the flow of labor costs into production. If an amount box does not require an entry, leave it blank.
Business
1 answer:
JulsSmile [24]3 years ago
7 0

Answer:

$30,800

Explanation:

Dr Work in progress 30,800

Cr Wages payable 30,800

Direct labour hours × Per direct labour hour

Job 456

580×15 = 8700

Job 777

850×26= 22100

22,100 + 8,700 = 30,800

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Joyce works hard and puts in many extra hours. For this, she can anticipate a pay raise, a promotion, or an expanded sales terri
Alex17521 [72]

Answer:

Expectancy theory

Explanation:

Expectancy theory states that when an individual is faced with different choices they will be motivated in a certain way in choosing a particular option based on what they expect to be the result of the choice.

So behaviour is affected by perceived result or consequence of a particular choice.

In the given scenario Joyce works hard and puts in many extra hours, and getting a promotion is most important to Joyce.

So because of her expectations that manager must recognise that:

(1) she is putting in hard work and long hours to obtain a promotion,

(2) what motivates Joyce will change over time (if she does not get the promotion), and

(3) he must clearly show Joyce how to attain the desirable reward.

7 0
3 years ago
Smith buys and sells equity securities. On December 15, 2021, Smith purchased $542,000 of Jones shares and elected the fair valu
zimovet [89]

Answer:

$46,000

Explanation:

We can find out the the revaluation gain that need to be reported at the year end by just deducting the the cost of the investment by its current fair value .

DATA

Fair value = 588,000

Cost = 542,000

Revaluation gain = Current fair value - Cost

Revaluation gain = 588,000 - 542,000

Revaluation gain = $46,000

The revaluation gain of $46,000 will be reported in other compreensive income of smith's financial statements.

4 0
3 years ago
The chapter argues that investment depends negatively on the interest rate because an increase in the cost of borrowing discoura
WARRIOR [948]

Answer: Yes they will.

Explanation:

With high interest rates, the company will be able to make better returns if they invested the money and took advantage of those interest rates instead of spending the money on their project.

Assets like bonds will be better to go into because they will offer a return based on the higher interest rates which will bring in good returns.

The company is free to use those funds to invest in projects if these projects will lead to a better return than could be gotten from holding bonds but if that is not the case, they should simply buy bonds and hold them for superior returns.

8 0
3 years ago
2014 2015 2016 2017 2018 Stock return 21.25% 14.45% 25.50% 35.70% 11.05% Given the preceding data, the average realized return o
zimovet [89]

Answer: Average realized stock = 21.59%,

The preceding data series represents a sample

Standard deviation = 0.7522

Explanation:

Average realized stock = 21.25% + 14.45% + 25.50% + 35.70% + 11.05% = 1.07595/5 = 21.95%

Standard deviation =

21.25% - 21.95% = -7.14%                      (-7.14%)^2         =  0.509

25.50% - 21.95% = 3.91%                      (3.91%)^2          =  0.512

35.70% - 21.95% = 14.11%                      (14.11%)^2          =  1.990

11.05% - 21.95% = -10.54%                     (-10.54%)^2      =   1.110

                                                                                           _____

                                                                                  Sum = 3.761/5 = 0.7522

3 0
3 years ago
Jane Dawson is a new sales representative for the Charles Schwab brokerage firm. In searching for clients, Jane purchased a mail
nlexa [21]

Answer:

The personal selling process can be defined as the personal contact between a seller and a potential buyer. In order to complete this process it is necessary to identify some steps that are implicit in the purchase.

Explanation:

The personal selling process can be defined as the personal contact between a seller and a potential buyer. In order to complete this process it is necessary to identify some steps that are implicit in the purchase.

Prospecting

Pre-approach

Approach

Presentation

Meeting objections

Closing the sale

Follow-up

Pre-approach: In Jane`s case, she first identify the prospects by list she purchase with the subscribers to the journal once normally people who buy this media are normally the ones who work in offices and therefore they may have some economic power.

Approach: Jane personally called the list in order to narrow the path and classify the ones that could be possible customers for her by having a closer and more friendly approach.

Presentation: The moment of the presentation occurs during the call when Jane explains that she is calling in order to know about their investment needs, once she is letting the possible customer know in an implicit way that she offers investment advice.

Meeting objections  : In the second call, Jane is offering some information about the possible good investment customers can have, according to each subject she called there can be different kinds of questions that the seller would have to answer during the meeting objections step.

Closing the sale: and finally, Jane is trying to close the sale with the question she asks, would you like to open an account?

5 0
3 years ago
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