Answer:
the costs to be assigned to the units transferred out and the units in ending work in process is $562,800 and $49,760 respectively
Explanation:
The computation is shown below:
Cost assign to units transferred out is
= 40,200 units × $4 + 40,200 units × $10
= $160,800 + $402,000
= $562,800
And, the Cost assign to work in progress is
= 6,220 units × $4 + (6,220 units × 0.40) × $10
= $24,880 + $24,880
= $49,760
Hence, the costs to be assigned to the units transferred out and the units in ending work in process is $562,800 and $49,760 respectively
Answer:
Dr. Salaries Payable $2,000
Dr. Salaries Expense $2,250
Cr. Cash $4,250
Explanation:
At the end of fiscal year following entry was paased to record the accrued salary expense and create a payable account.
Dr. Salaries Expense $2,000
Cr. Salaries Payable $2,000
The remaining Expense of $2,250 ($4250-$2000) is related to current fiscal year so, it is recorded with the payament.
Answer:
The correct answers are letters "A", "B", and "C".
Explanation:
International Competitiveness refers to the ability a country has to produce goods and services to remain competitive in the market. To accomplish that, prices and the quality of the products offered must be aligned with what other countries are producing or even better. If countries can specialize in providing one good or service only, they are likely to gain an absolute advantage. This does not imply the country will be a pure exporter since imports are also vital for the transformation and optimization of the economy.
Answer:
The opportunity cost is $7.
Explanation:
The opportunity cost involved in a decision is the cost of sacrificing its second-best alternative.
A college student could babysit her professor's child at an hourly wage of $7; she could work at the college library at a wage of $6; or she could finish her economics homework assignment.
If she decides to finish her assignment she is letting go wage of $7 and $6. Here, the second-best alternative is $7, so it is the opportunity cost.
Answer:
<u>have common needs</u>
Explanation:
Marketing Segmentation refers to dividing or segregating markets into different segments based upon different traits. All prospective buyers classified into a particular segment, share common needs and buying preferences.
Marketing Segmentation can be done geographically, demographically, Psychographic or Behavioral basis.
Geographic relates to location, demographic relates to age composition or gender, psychographic relates to buyer psychology and perceptions, behavioral relates to behavior of buyers and their respective traits.