Answer: The correct answer is " a. $92,000.".
Explanation: The explicit costs are observable, that is, those that we can easily take into account and decrease our operating result (salaries paid to employees, material costs, taxes, etc.)
So her total explicit cost were: $12 000 + $65 000 + $15 000 = $92 000.
Answer:
5300
Explanation:
assets=equitys +liabilities
Answer: $92,880
Explanation:
The Gross Profit can be calculated by simply removing the cost from the sales amount.
It is stated that the additional processing will yield 10,000 bags of Premium Green and 3,600 bags of Green Deluxe, which can be sold for $7.55 and $5.55 per bag.
Sales figure is therefore,
= (10,000 * 7.55) + (3,600 * 5.55)
= 75,500 + 19,980
= $95,480
Subtracting the cost to get,
= 95,480 - 2,600
= $92,880
The total gross profit would is $92,880.
Answer:
Rewarding behavior, not just results
Explanation:
Effective recognition means that you have to recognize the effort that being put by the person , not just the ideal outcome.
Let's say that you want to influence your employees to improve their productivity. There is a chance that some might fall and some might succeed.
Those who fall does not necessarily make lesser effort than those who success. There is a chance that they're focusing their effort on the wrong things.
In such situations, you need to acknowledge and reward the fact that they're willing putting the effort and give them advice on how to nudge the effort's direction so it become more effective.
Answer and explanation:
The statements are correct because using the perpetual inventory system implies recording purchases and returns at the same moment items are received or sold. The Cost of Goods account is updated every time their inventory exists. On the other hand, the periodic inventory system records buying or selling activities following a schedule that could be every month, quarter or once per year. The Cost of Goods account is used occasionally.
