Answer:
A. debit Finished-Goods Inventory and credit Work-in-Process Inventory.
Explanation:
The work in progress cannot yet be debited because it cannot be sold while the finished goods represent cash.
Answer:
$300
Explanation:
Data provided in the question
Assets reported = $500
Liabilities = $200
So, Stockholder equity is
= Total assets - total liabilities
= $500 - $200
= $300
By applying the accounting equation, that equal to
Total assets = Total liabilities + owners equity
We can find out the stockholder equity by deducting the total liabilities from the total assets
Answer:
The answer is Instrumental behavior. It is an action performed to reach a goal, such as to obtain a food item, achieve some other kind of reward, or remove a punishment; the behavior causes the desired outcome. Problem-solving is a subset of instrumental behavior, invoked when a direct action (such as reaching for an object) cannot achieve the goal and an indirect approach must be used (such as opening a container to get the object). To paraphrase Thorndike, a problem exists when the goal that is sought is not directly attainable by the performance of a simple act available in the animal's repertoire.
Explanation:
No, Dr G has nothing to worry about because only 8 students won the academic as well as fine arts award out of 128 academic award winners. This corresponds to very low percentage of joint winners out of just academic award winners (0.0625%)
Explanation:
Total students in the Westside High School- 768
Winner of academic awards- 128
Winner of fine arts awards- 48
Students who won both awards- 8
Dr G pre assumption= Dr G was worried that winner of academic awards would win fine awards more likely.
But it seems that his assumtions are wrong since only 8 students out of 128 students won joint awards (meaning only 8 students won awards for fine arts as well as academic awards). Similarly, this corresponds to only 0.0625% of students winning academic awards as well as Fine arts awards.
Answer:
Monthly factory overhead flexible budget
9000 HRS 10000 HRS 11000 HRS
Variable Overhead 40,500 45,000 49,500
Fixed Overheads 60,000 60,000 60,000
Total Overhead Costs 100,000 105,000 109,500
Explanation:
Fixed Costs do not change with the level of activity and thus remain the same for activity of 9,000 : 10,000 and 11,000 hours whilst variable overheads vary with the level of activity.
