Answer:
e. All of the above
Explanation:
Certainly all the available options are sufficient reasons to consider strategically the outsorcing of operations. In a general view, outsourcing is a tactical option for organizations when there is not much flexibility in the short run for deployment of resources necessary for the business expansion or unexpected growhts of the market. Reduced capacity, ease of transition to new technologies, increase supplier relations or growth of data centers.
Answer:
A debit to Work-in-Process Inventory, Finishing Department of $140,000.
Explanation:
$140,000 will be credited to Work-in-Process Inventory, Mixing Department and debited to Work-in-Process Inventory, Finishing Department.
Finishing department is a process department. Finished goods are debited only when goods are transferred from the last processing department to finished goods.
Calculations
Cost per units transferred $ 4.00
Units transferred 3.500
Total cost of units transferred $ 1,40,000.00
Answer: Herbert's gross income is $100,910.
We include Herbert's salary when he was employed, unemployment compensation, dividends and winnings from lottery while calculating gross income.
We don't include his withdrawal from savings accounts, but we consider the $60 interest he earned on his savings account.
We also don't include any loans that he's taken in computing gross income.
So, Herbert's Gross Income will be:
Salary 90000
Unemployment benefits + 8800
Dividends + 550
Winnings from lottery + 1500
Interest earned on savings account + 60
Gross Income (Total) 100910