Answer:
d. Debit Work in process inventory $107,000 ; Credit Raw material inventory $107,000
Explanation:
When issuing out raw material it goes to work in process, Raw material is an asset account therefore decreasing on the credit side.
The amount of $87,000 on the options is incorrect. The correct amount is $107,000 used.
I think my explanation is wrong but here it is :
There are many tactics followed and for the given situation, Mark uses Legitimating tactics.
It is related to compliance with rules, laws, and regulations.
It is not to motivate people but to follow behind the direction given by the organization
It is least effective for the aspects pertaining to pressure, legitimating
It always speaks about rules and makes the employee to follow
Firing of employees comes under legitimate power.
All these are done to achieve organizational goals.
Answer:
It will take 25.28 year to have enough to buy the car ( ignoring Inflation effect)
Explanation:
Current Deposit = PV = $49,000
Future Value = FV = $199,000
Interest Rate = r = 5.7%
Use following Formula
FV = PV ( 1 + r )^n
$199,000 = $49,000 ( 1 + 0.057 )^n
$199,000 / $49,000 = ( 1 + 0.057 )^n
4.06 = 1.057^n
Log 4.06 = n log 1.057
n = log 4.06 / log 1.057
n = 25.28
it requires 25.28 year to have an amount to buy the Ferrari.
Answer: Using buffer stocks to ensure speedy supply.
Explanation:
Differentiation is a strategy that is used to differentiate a good or service from other products that are similar which are offered by competitors. It is the development of a good or service, that is unique and stands out for the customers, in terms of features, product design, quality, brand image, or customer service.
Modular design to differentiate a product, collating market research data and minimizing inventory are all product differentiation strategies.