Answer:
c) $463,000
Explanation:
<u> Goodsell Corporation </u>
<u>FIFO Method </u>
<u></u>
Current Costs
Costs Added $ 427,000
<u>Add Beginning Work in Process Inventory $36,000</u>
<u>Total Current Cost $ 463,000</u>
Cost Transferred Out $ 428,000
<u> Add Ending Work in Process Inventory $35,000</u>
<u>Total Current Cost $ 463,000</u>
FIFO assigns the current period costs to the inventories. Current period costs are obtained by adding the costs transferred out and ending inventories costs or beginning costs and costs added.
The sellers and the buyer are
engaging in a positional negotiation.
<span>A positional bargaining
is a strategy in negotiating which involves insisting a fixed price and not
bending it to the other. Both negotiators will argue for what they want and not
anything else (in this case: the price), without considering the motives of
both parties.</span>
In the event that Dallas Company bills a client, the account that will increase along with accounts receivable is a<u> Revenue increase </u><u>of </u><u>$10,000. </u>
<h3>Accounts affected </h3>
- Accounts receivable will increase because the client will owe Dallas Company.
- Revenue will increase as well because Dallas Company is earning revenue from the consulting work.
The increase to the Revenue account will be the amount charged for consulting work which is $10,000.
In conclusion, option D is correct.
Find out more on accounting for revenue at brainly.com/question/12115903
The answer is strongest when the economy is at full employment.
the term is used to describe the public-sector spending. It means that purchases would be relatively high when more are employed. They have the capability to acquire the product. It can also be done by borrowing money and lenders can only borrow if their remuneration is sufficient to pay the loan. Another is if they had increased compensation, which makes them buy more than before.
Answer:
When a company uses the non-equity mode in order to reach foreign markets, it will export their goods to a trading company, or license it products to a foreign company or it might even establish franchises in a foreign company that are owned and operated by third parties. I.e. the company does not invest directly in the foreign country. The main advantage is less capital required and less risk assumed. The main disadvantage is that the company doesn't control the operations in the foreign country.
When a company uses the equity mode in order to reach foreign markets, it will establish a subsidiary, or form a joint venture with a local company. I.e. the company will invest directly in the foreign country. The main advantage is that the company can control the operations in the foreign country. The main disadvantage is that it requires a larger investment and risk is also higher.
