Answer:
$5,490
Explanation:
Computation for the equivalent units for conversion costs
To complete beginning work in process inventory 360
[400*(1-10%)]
Units started and completed 4,500 (4,900-400)
Ending work in process inventory 630 (900*70%)
Equivalent units for Conversion costs $5,490 units
Therefore the equivalent units for conversion costs is $5,490
The answer to the given statement above is TRUE. When we say Foot-in-the-Door Technique or the FITD technique, is a technique commonly used in social psychology wherein one is being convinced by the persuader through a modest request, which would then lead the respondent to agree with the said request.
Answer:
b. $307,000
Explanation:
Costs to be accounted in cost reconciliation report = Opening balance of work in process + Cost of production added during the month
= $24,000 + $283,000
= $307,000
Cost reconciliation report shows what costs need to be accounted for in a month and the manner in which they are actually accounted for.
It is a step in preparation of production report which shows how beginning work in process inventory and the costs which are added to production during the period are recorded.
Hence in cost reconciliation report pertaining to the month of Aug, opening work in process and costs added to production during the month are recorded.
The answer to this question is empowerment. It is because with empowerment, it enables employees to have full authority to the work that they have for it is a way for them to work confidently and give their all as they do their assigned tasks as an employee. It is a way of letting them do their work and make decisions to make their work more efficiently.