Answer:
Part 1
Debit : Depreciation Expense $11,200
Credit : Accumulated Depreciation $11,200
Part 2
Debit : Cash $72,000
Debit : Accumulated Depreciation $88,000
Debit : P & L $15,600
Credit : Cost $175,600
Part 3
Debit : Cash $97,000
Debit : Accumulated Depreciation $88,000
Credit : P & L $9,400
Credit : Cost $175,600
Explanation:
Depreciation = (Cost - Residual Value) / Useful Life
Annual Depreciation = $19,200
to update depreciation in 2021 = $11,200
Accumulated Depreciation = $88,000
Answer:
Option (a) is correct.
Explanation:
Manufacturing cost:
= Direct materials + Direct labor + Variable overhead + Fixed overhead
= $80,000 + $100,000 + $30,000 + $60,000
= $270,000
Purchase from outside:
= Fixed overhead + Purchase price
= $60,000 + (50,000 × $10)
= $60,000 + $500,000
= $560,000
Effect on income = Purchase from outside - Manufacturing cost
= $560,000 - $270,000
= $290,000
Therefore, the above calculations shows that income will decrease by $290,000.
The correct answer would be option B, You are a good Delegator.
As a project manager, one of your greatest strengths is identifying who on your team can take on some of your own tasks, allowing you to focus on other aspects of the project. You are a good Delegator, describes you the best.
Explanation:
A delegator is simply someone who delegates his authority, work, or anything to some other person. A delegator can be said to be a representative of the person who transfers his authority or work to the other person.
So as a project manager, if you can clearly and easily identify that to whom you can delegate your authority, or who can do your task or work allowing you to concentrate on other tasks, then your biggest strength is that you are a good delegator, who knows that from whom you can get your task done.
Learn more about Delegator at:
brainly.com/question/5796055
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Answer:
False
Explanation:
The reason is that the leader must always be guider in times of difficulty for the subordinates otherwise it would be more time consuming and would increase the cost to the company. The leaders are always adviced to help and train their team members to increase their productivity because experience and understanding of problem solution brings productivity.
Answer:
a. a schedule of requirements for all parts and end items
Explanation:
Material requisition planning (MRP) refers to a computer-based information system mainly meant to deal with ordering and scheduling of inventory items that are dependent on demand. It is provides a schedule of all parts, materials and other end inventory items that are required in a production process.
Therefore, the output of MRP is a schedule of requirements for all parts and end items.