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11Alexandr11 [23.1K]
3 years ago
6

Extrinsic motivation is defined as ________. the pursuit of an activity for external reward the pursuit of an activity for its o

wn sake the pursuit of an activity to relieve the state of tension caused by deprivation the pursuit of an activity in order to increase one's competence and skills
Business
1 answer:
dexar [7]3 years ago
6 0
Extrinsic motivation is defined as THE PURSUIT OF AN ACTIVITY FOR EXTERNAL REWARD. Extrinsic motivation refers to behaviours that are driven by external rewards such as money, fame, praise, etc. Such behaviours arise from outside the individuals. 
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Grand Lips produces a lip balm used for​ cold-weather sports. The balm is manufactured in a single processing department. No lip
77julia77 [94]

Answer:

a. see attachment

b.

total equivalent units : Materials = 30,500 units and Conversion Costs = 16,860

cost per equivalent unit : Materials = $0.14 and Conversion Costs = $0.30

c.

(a) units completed and transferred to Finished Goods = $6,732

(b) units still in process at June 30 = $1,196

d.

<u>Journals</u>

Work In Process :Direct Materials $4,305 (debit)

Raw Materials $4,305 (credit)

<em>Being Raw Materials used in Production</em>

Work In Process :Direct Labor  $3,320 (debit)

Salaries Payable $3,320  (credit)

<em>Being Labor used in Production</em>

Work In Process ; Overheads $1,738 (debit)

Overheads $1,738 (credit)

<em>Being Overheads Assigned to Production</em>

Finished Goods $6,732 (debit)

Work In Process $6,732 (credit)

<em>Being Units transferred to Finished Goods</em>

Explanation:

<u>Calculation of Equivalent units of Production in respect with Raw Materials and Conversion Costs</u>

1. Materials

Ending Work In Process (5,200 × 100%)                                         5,200

Completed and Transferred Out (15,300 × 100%)                         15,300

Equivalent units of Production in respect with Raw Materials     30,500

2. Conversion Costs

Ending Work In Process (5,200 × 30%)                                            1,560

Completed and Transferred Out (15,300 × 100%)                         15,300

Equivalent units of Production in respect with Conversion Cost 16,860

<u>Calculation of Cost per Equivalent unit of production  in respect with Raw Materials and Conversion Costs</u>

Unit Cost = Total Cost ÷ Total Equivalent units

1. Materials

Unit Cost =  $4,305 ÷ 30,500

                = $0.14

2. Conversion Costs

Unit Cost =  ($3,320 + $1,738) ÷ 16,860

                = $0.30

3. Total unit cost

Total unit cost = Material Cost + Conversion Cost

                        = $0.14 + $0.30

                        = $0.44

<u>Calculation of costs assigned to (a) units completed and transferred to Finished Goods and (b) units still in process at June 30.</u>

(a) units completed and transferred to Finished Goods

Total Cost = units completed and transferred out × total unit cost

                 = 15,300 × $0.44

                 = $6,732

(b) units still in process at June 30.

Total Cost = Materials Cost + Conversion Cost

                 = $0.14 × 5,200 + $0.30 × 1,560

                 = $1,196

8 0
3 years ago
If the government changes taxes without changing government spending to eliminate the recessionary gap, will the minimum require
Shalnov [3]

Answer:

Explanation:

If the government changes taxes without changing government spending to eliminate the recessionary gap, will the minimum required change in taxes be greater than, smaller than, or equal to the minimum required change in government spending?

The minimum required change in taxes will be greater than that of the minimum required change in government spending

tax multiplier (mpc/mps = 0/8/0.2=0.4) is smaller than the government spending multiplier (1/mps= 1/.2=5) because of the initial increase in disposable income caused by the decrease in income tax will be saved rather than spent

3 0
2 years ago
Choose the appropriate stage of the venture life cycle in which the following activities would occur.
Aleksandr [31]

Answer:

  • Transition from one-person leadership to team management leadership  - Growth
  • New-product development  - Innovation or decline
  • Search for capital - Start-up
  • Increased competition  - Stabilization
  • Venture assessment - New-Venture Development
  • Attempts to acquire other firms  - Innovation or decline
  • Consumer indifference to the entrepreneur's goods or services  - Stablization
  • Accumulation of resources  - New-Venture Development
  • Major changes in entrepreneurial strategy  - Growth
  • Development of an effective entrepreneurial team - Start-up

7 0
2 years ago
The analysis tool that lists products in descending order of their individual dollar contribution to the firm is:
Sonja [21]

Answer:

Product Life Cycle Analysis

Explanation:

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2 years ago
You own a lot in Key West, Florida, that is currently unused. Similar lots have recently sold for $1,260,000. Over the past five
Kamila [148]

Answer:

Explanation:

find the solution below

7 0
2 years ago
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