Answer:
A. incentives
Explanation:
An incentive is a motivator to do something. Traditionally incentive is extrinsic, that is there is a reward given when an achievement is made. This is the rational for bonuses on the job. Where an employee is compensated for achieving a milestone at work.
Ultrinsic.com is using incentive of a cash reward for those that get As as a motivator for the students. Students pay an entry fee of $70 and if one student gets an A he will get the whole pool of funds. If more than one person gets an A they will share the money in the pool.
More students will be motivated to get As.
Answer:
Items a) and b)
a) items used currently in the production of goods to be sold items
b) held for resale items currently in production for future
Explanation:
Inventory consists of current assets to be used in production of final goods or are the ones which are final goods and held for sale.
In the given case also, statement a includes raw materials, which are used to make the final good to be sold, which is a part of inventory.
Further, statement b includes work in production or final goods which are currently in production but would be resold.
The items which are kept for their use as like machinery or furniture or which shall be disposed are not inventory but are in fixed assets category.
Answer:
4. compounding daily
Explanation:
The higher the compounding rate , the higher the compound interest. Compounding daily would therefore yield the highest amount of money.
I hope my answer helps you
Answer:
Cost of goods manufactured = $328,400
Cost of goods sold = $343,700
Explanation:
The computation of cost of goods manufactured and cost of goods sold is shown below:-
(a) Cost of goods manufactured = Direct materials used + Direct labor + Depreciation on plant + Factory supplies used + Property taxes on plant + Work in Process 1 Jan - Work-in-process, 31 Dec
= $121,000 + $111,000 + $61,000 + $24,000 + $15,000 + $13,000 - $16,600
= $328,400
(b) Cost of goods sold = Finished goods, 1 Jan + Cost of goods manufactured - Finished goods, 31 Dec
= $61,000 + $328,400 - $45,700
= $343,700
Answer: The law of demand States that as price falls, quantity demanded increases and vice versa. (A).
Explanation:
In Economics, the law of demand states that all other things being equal; as the price of a good or commodity or service increases (↑), the quantity of the good/service demanded declines (↓); also, as the price of a good/service declines (↓), the quantity demanded increases (↑).
In other words, the law of demand shows an inverse relationship between the price and quantity demanded of a good/service.
Consequently, other things being constant, the quantity demanded of a good/service is inversely proportional to the price of the good/service.
For example if the price of a luxurious car falls it would motivate the buyers to rush to get a car. This law of demand is also used by marketers to attract buyers by the use of discount on goods.
