<span>Nerdherd electronics is definitely using Cost-plus pricing strategy.
In this case Nerdherd electronics determined their selling price based on a specific dollar amount markup to the televisions unit cost.
The question says three different sizes of television, so it is same television but different sizes and the bigger the size of the television the higher the unit cost.
So the bigger sized television unit cost added to the dollar amount mark up will be different from the smaller size television unit cost added to the dollar amount. Resulting in the three different sizes of the television having different selling prices.</span>
Oct 13........................No Journal Entry Required
Oct 17. Cash..........................................DR $107
To Accounts Receivable........................................ $107
(Being cash received by Accounts Receivable)
Oct 22. Inventory....................................DR $1145
To Accounts Payables.......................................... $1145
(Being Purchases made of Chairs and Oil Supplies)
Oct Accounts Payable...........................DR $1145
To Cash............................................................ $1145
(Being Cash paid for purchases made)
Answer:
Assessment
Explanation:
Assessment is the most effective way to check the employee performance whether they are eligible for the process or not. It can be done only after the training program.
Therefore as per the given situation Quick Burger conduct the training program for employees that how to operate the new coffee-making system. So, after the training program Quick burger do the assessment to check the employee skills.
