Answer:
D. theory of cognitive dissonance
Explanation:
Theory of cognitive dissonance -
It refers to the condition with conflicting behavior , belief and attitude , is refer to as cognitive dissonance.
Due to this condition , there is feeling of tenderness which can lead to some change in the behavior , beliefs and attitude in order to reduce the tenderness to attain normal balance.
Hence , from the given information of the question,
The correct option is D. theory of cognitive dissonance .
Answer:
Explanation:
Date Unit Unit cost Total Goods sold Cost Total
May 1 28 9 252 28 9 252
May 15 26 10 260 26 10 260
May 24 39 11 429 26 11 286
Total 93 941 80
1) Weighted average unit cost = 941/93 = $10.118
FIFO method
2)Ending inventory (93-80)*11 =$ 143
FIFO method assumes that the first set of inventory are the first to be sold
LIFO method
LIFO assumes that the last set of inventory are the first to be sold
Goods Sold Cost Total
39 11 429
26 10 260
15 9 135
Ending Inventory = (93-80)*9 = $117
Average Cost Method
Ending Inventory = 13 * 10.118 =$131.534
Answer:
D. $ 16 comma 862.50 unfavorable
Explanation:
The computation of the direct labor efficiency variance is shown below:
Direct labor efficiency variance is
= Standard rate × (Actual hours - standard hours)
= $9.50 × (3,000 direct labor hours - 4,900 units × 0.25 hours)
= $9.50 × (3,000 direct labor hours - 1,225 direct labor hours)
= $16,862.50 unfavorable
As actual hours is more than the standard hours which reflects the unfavorable variance and if actual hours is less than the standard hours then it would leads to favorable variance
Answer:
Blu-ray discs are normal goods and DVDs are inferior goods.
Explanation:
A normal commodity is a product that is experiencing a growth in its consumption due to the increase in the earnings of the customers. A standard good, sometimes named a required good, does not relate to the price of the commodity but rather to the degree of demand for both the product in response to rises or decreases in wages.
On the other hand, An inferior product refers to the product whose value reduces as customer wages increase, unlike regular products in which the reverse is observed. Standard products are those products to which output grows as market spending decreases.
Answer:
C) the taxpayer's type of business
Explanation:
When we talk about taxation of income, then the US Government has this basis in which the citizenship, the marital status and whether the citizen is resident, the nature of income earned, it all matters.
US federal tax is determined based on various factors, but is not determined on the status of the type of business, as whether it is from retail or from manufacturing unit, it is not the concern of federal system.
The tax system is based to tax the income whatever is the source, although there are certain exceptions.