Answer:
$4,271
Explanation:
IAS 2 requires that inventory be measured at the lower of cost or net realizable value. Since inventory is initially recognized at cost, where the cost is lower than the net realizable value (NRV), the cost is written down to the NRV.
Unit Cost per unit NRV Per unit adjusted cost Inventory amount
Minolta 5 167 164 164 820
Canon 8 134 156 134 1072
Vivitar 11 118 114 114 1254
Kodak 9 125 145 125 <u> 1125</u>
Total <u> 4,271</u>
Answer and Explanation:
The journal entries are shown below:
(i) On August 1,
Cash A/c Dr. $12,000
photography equipment A/c Dr. $51,600
To common stock $63,600
(Being the issuance of common stock for cash and photography equipment is recorded)
(ii) On August 2,
Prepaid insurance A/c Dr. $3,900
To cash $3,900
(Being the cash paid in advance for insurance is recorded)
(iii) On August 5,
Office supplies A/c Dr. $2,280
To cash $2,280
(Being the cash paid for office supplies is recorded)
(iv) On August 20,
Cash A/c Dr. $3,700
To photography fees earned $3,700
(Being the photography fees earned is recorded)
(v) On August 31,
Utilities A/c Dr. $878
To cash A/c $878
(Being the cash paid for utilities)
Answer:
Employees attitude to customers (Customer Relationship) and the quality of the food are the two most important trends that would bring about an increase in sales.
Explanation:
The first instrument of effective sales is an establish relationship. If a customers visits a restaurant to buy food and does not feel welcomed, the tendency to return back another time is very slim. Hnece, taking the scenerio in questions,the employees do not have the right attitude for keepiing their customers loyal to their product irrespective of whether the product is good or bad.
On the other hand, the reason for visiting a restaurant is to eat good food and not bad. So, when the quality of food cooked by the restaurant does not meet the taste and quality expected by the customer, the possibility of having such customer come around again is low. This invariably implies loosing the customer and the chain of connections such customer would have brought to the restaurant.
In summary, having the right employees with good customer relationship and chefs with good food recipes and quality is likely to result in the restaurant experiencing an increase in sales
Answer: C. Extraversion and Agreeableness
Explanation:
Extraversion is described as the quality of enjoying the company of people as opposed to be alone. A person that scores high on Extraversion charts is an EXTROVERT and enjoys being the centre of attention as well.
Chaurice had a Lot of Friends and was outgoing enough to help students adjust as a Peer Mentor. This shows that she is an EXTROVERT.
Agreeableness is the quality of being nice. An Agreeable person is compassionate, friendly, polite and empathetic. Such people tend to make good friends and are good team players.
Chaurice caring for Freshmen and having a lot of friends puts her in this category as well.
Answer:She should tell her boss that the staffs going to lunch is also important to the production process.If they are not given lunch breaks,the staffs will not have the needed energy to work.
However,the boss can employ more hands to serve during lunch break.This will significantly reduce the time spent for lunch.
Also,there should be more task given to the staffs ..This will hasten up production processes.
There should also be motivation for each staff on the completion of a task.By so doing,the staffs will pay less attention on lunch breaks and focus more on production.
Explanation: