As a job analyst, after completing the job analysis, it can be understood that it was a skills-based analysis.
In a skill-based job analysis, the person's skills are measured and put to the test. For example, here, it can be seen that the job requires the employees to have good knowledge of the menu, interpersonal skills, and customer service skills. Conducting an analysis based on these factors will result in an employee who is well-skilled in these fields. As a job analyst, the major area of focus is the skills the employee has for the job.
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Answer:
The subsidiary reports cost of goods sold at A. $660,000.
Explanation:
Cost of goods sold is the direct cost of producing or purchasing the goods sold by a business. The formula for cost of goods sold is as follows:
Cost of goods sold = Opening inventory + Purchases - Closing inventory
The subsidiary calculates its cost of goods sold as follows.
Opening inventory $120,000
Add: Purchases $720,000
Less: Closing inventory ($180,000)
Cost of goods sold $660,000
Therefore, the correct option is A. $660,000.
A secondary product is a product that comes out of a production process in addition to the main product. A secondary product can be directly consumed, used as an input in another production process, disposed of or recycled. A secondary product can be a by-product, a co- product or a residue.
