I think is d that what i think
Answer:
b) adjusting entry will require a credit to Cost of Goods Sold.
c) Factory Overhead account has a credit balance of $300 before adjusting.
Explanation:
Given that
Actual Overhead = $1200 i.e. debited to the factory overhead account
And,
Applied overhead = $1500 i.e. Credited to the factory overhead account
So, the Factory overhead account has a credit balance of $300 prior adjusting
Also the applied overhead is higher than the actual one so the adjusting entry would needed to credit to the cost of goods sold
Answer:
Role of interviewer during interview, Two interview questions relevant to any vacancies -
Explanation:
Two important questions
- Introduce yourself : This helps analysing the core personality traits of the candidate, which highlights his suitability or non suitability for the job
- Why do you want to perform this job : This will help in analysing the depth of dedication the candidate has for the work profile, which would hence depict is expected level of hard work & sincerity.
Role of Interviewer :
- Analysing the candidate's personal & professional traits, which are of significance to the job performance
- Explaining the candidate about their organisation, its rules & norms, his expected work profile authority & responsibility etc
Answer:
D. Benefit both Steve and Tom
Explanation:
As Tom produces baseball gloves and baseball bats. Steve also produces baseball gloves and baseball bats, but Tom is better at producing both goods. In this case, trade could benefit both Steve and Tom. The basic logic behind this answer is that, although Steve is not better at producing baseball gloves and bats but still can compete with Tom, where Tom's better quality products will encourage Steve in order to produce bit better quality in order to remain him in the market and competition. On the other hand, when Steve is not producing much quality products, this will give more competitive advantage to Tom, which definitely help him in earning more profits and loyal customers, therefore, in this cycle, both Steve and Tom will get benefit.
