Answer:
Amount of inventory transferred=$197,600
Amount of inventory in work in process=$39,900
Explanation:
Amount of inventory transferred=Number of units*cost per unit
cost per unit= material cost per unit+ conversion cost per unit
=$9+$4
=$13
Amount of inventory transferred=15,200*13=$197,600
Amount of inventory in work in process=3,500*9*100%+3,500*4*60%
=$39,900
Answer:
The loan amount was $27,142.86
Explanation:
Data provided in the question:
Total interest paid for the loan amount = $950
Time for which interest is charged = 6 months = 0.5 year
Annual interest rate = 7% = 0.07
Now,
Interest = Principle × Rate × Time
or
$950 = Principle × 0.07 × 0.5
or
Principle = $950 ÷ 0.035
or
Principle = $27,142.86
Hence,
The loan amount was $27,142.86
My answer is contemplation
Answer: Ranking appraisal method
Explanation:
The firm where Gillian work appraises employees using the ranking appraisal method.
Ranking appraisal method: This is a traditional appraisal method in which employees are compared with each other for the purpose of determining their worth. It is the oldest and simplest form of appraisal.
Employees are ranked based on their performance, that is, from the highest to the lowest performing employee or from the lowest to the highest performing employee. The ranking in the form of first position to the last position. Every employee strives to come first and be ahead of each other.
This type of appraisal encourages employees to compete healthily with each other so as to have a better ranking score. Employees become more productive and it increases the business output.
However, it is difficult to appraise employees using the ranking method when there are a large number of employees involved with different behavioural traits.
