Explanation:
The Journal entry is given below:-
1 January 2020 No Entry
31 December 2020 Compensation Expense Dr, 6,580
To, Paid-In-Capital 6,580
(Being the compensation expense stock-option plan is recorded)
Working Note:-
Compensation Expense
= $7 × 4,700 ÷ 5
= $7 × 940
= $6,580
Sales manager and buyer the organization acts in an ethically questionable manner
A.Tammy's little sister starts visiting online chat rooms to make friends
Answer and Explanation:
For materials
Equivalent completed units = Completed units + WIP ending
= 111,700 + 20,300
= 132,000 units
Cost of materials = Beginning WIP + Cost of materials added
= 22,300 + 370,000
= $392,300
Cost of material per units = 392,300 ÷ 132,000
= $2.97197
For conversions
Equivalent completed units = Completed units + WIP ending
= 111,700 + 20,300 × 30%
= 117,790 units
Cost of Conversion = Beginning WIP + Cost of conversion added
= 19,700 + 280,000
= $299,700
Cost of conversion per units = 299,700 ÷ 117,790
= $2.54436
Total cost of units completed and transferred out
= 111,700 × (2.97197 + 2.54436)
= $616,174
Answer: Option C
Explanation: In simple words, 360-degree feedback refers to the feedback process in which an employee receives feedback from not just its superiors but from his or her peers, subordinates and customers also. Even sometimes self evaluation is also taken into consideration.
Such process provides a clear picture of how an employee perceives themselves and what is their image in the eyes of other related parties. These processes helps an individual employee to understand their strength and weaknesses and it also provides insight for their personal development.
