John's reaction is an example of the bystander effect.
It means that he will just continue staring at the accident because he is curious as to what happened and he wants to see how the event is resolved, however, he is not really willing to do anything to help the people involved - he will just assume someone else will do that.
Answer:
$518,700
Explanation:
For the computation of unadjusted cost of goods sold first we need to find out the total cost of Job F21X and cost per unit which is shown below:-
The Total cost of Job F21X = Beginning balance + Direct materials + Direct labor + Manufacturing overhead applied
= $45,150 + $363,300 + $161,700 + $207,900
= $778,050
Cost per unit = Total cost of Job F21X ÷ Number of units
= $778,050 ÷ 10,500
= $74.10
Cost of goods sold = Completed units from Job F21X × Cost per unit
= 7,000 × $74.10
= $518,700
Answer:
Bounded Rationality
Explanation:
To begin with, it is essential to understand the concept of departmentalization.
Departmentalization centers on the idea that departments/divisions within an organization are grouped and/or sectioned, using some identified benchmarks. In extension, Departmentalizing, is simply the acts of engaging in departmentalization.
Bounded rationality, is a phenomenon that states that human reasoning and extension, logic could be threatened by a number of constraints. The constraints here could be human, material and physical resources. The implication is that an individual is not in possession of full details and information that could influence or shape his position.
Hence, by departmentalizing, an organization has placed a constraint on the amount of information accessible to that department, under the bigger context of an organization. Thus, the departments' rationality has been bounded and this could ultimately spiral into poor decision making, principally because of lack of detailed information.
Answer:
A. 3200 ; 900
Explanation:
The computation is shown below:
For Cost of goods sold
= Job no 134 + Job no 135
= $1,700 + $1,200 + $300
= $1,700 + $1,500
= $3,200
And, the work in process inventory is
= Job no 136
= $900
Since the job no 136 is not completed and the same is to be transferred to the work in process account
And, the job no 134 and the job no 135 reflected in the cost of goods sold
