Answer:
Instructions are listed below.
Explanation:
Giving the following information:
For specific identification, ending inventory consists of 390 units, where 370 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory.
We weren't provided with enough information to answer the requirement. But, I can give you the answer using simulated numbers.
<u>Under specific identification, the company calculates the ending inventory and cost of goods sold with the exact units that were sold or remain in inventory.</u>
For example:
Beginning inventoy= $15 per unit
Jan. 30: $17 per unit
Jan. 20: $16 per unit
Ending inventory= 370*17 + 5*16 + 15*15= $6,595
The marginal revenue product for the 1,001st worker is 30.
Marginal revenue product= MR*MPL
=3*10
=30
WHERE MR is MARGINAL REVENUE AND MPL is MARGINAL PRODUCT OF LABOUR.
Marginal sales product (MRP), additionally referred to as the marginal price product, is the marginal sales created because of an addition of 1 unit of useful resource. The marginal sales product is calculated with the aid of using multiplying the marginal bodily product (MPP) of the useful resource with the aid of using the marginal sales (MR) generated.
The marginal sales manufactured from hard work represents the more sales earned with the aid of using hiring a further employee. It shows the real salary that the organization is inclined and may come up with the money for to pay for every new employee they hire, and the salary that the organization will pay is the marketplace salary fee decided with the aid of using the forces of deliver.
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Answer:
Decorative Concrete
1. This contingent liability should be disclosed in a note only.
2. Decorative Concrete should not report any loss in its income statement, yet.
3. Decorative Concrete should not report any liability in its balance sheet, yet.
4. No entry should be recorded in the journal.
Explanation:
a) Data and Calculations:
Estimated loss = $1.1 and $4 million
Loss is probable but the loss cannot be reasonably estimated
b) Decorative Concrete cannot reasonably estimate the loss that may arise from the contingent liability. Therefore, it should only disclose the future event in a note to the financial statements. Accounting rules specify that Decorative Concrete should record this event as a contingent liability in its accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. At that time, a specific amount of loss will be recorded (debit) and a specific liability established (credit) in advance of the settlement. In this Decorative's case, only one condition is met.
Nadia works in a clothing retail store. Her initial contact with a customer is most likely to be personal selling works best when the product is on sale.
The corporate sales team consists of sales company employees. Contractor.
Sales Reps Provide Information and Advice: Customers understand the value and are willing to indirectly pay for sales reps' training and advice. -Salespeople save time and simplify shopping: Customers value the time and effort they save.
Retail stores and services are referred to as the "cloud". Salesforce offers six types of clouds: Sales Cloud, Marketing Cloud, Commerce Cloud, Service Cloud, Experience Cloud, and Analytics Cloud.
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Answer:
Closed shop
Explanation:
A closed shop involves an agreement where the employer only recruits Union members. The workers must remain Union members as long as they work with the employer.
Legality of closed shop varies from country to country.
I'm this instance, Atalanta Industries agrees to hire only those workers who were already members of the Electrical Union. This is a closed shop situation.
Closed shop was declared illegal by the Taft-Hartley act in 1947.
