Answer:
The answer is lose-lose
Explanation:
In a lose-lose approach, one's actions hurt oneself as much as they do their opponent.
Answer:
Gross profit= 131,500
Explanation:
Giving the following information:
Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). RP also experienced these variances: Materials price: $2,400 F Materials quantity: $1,400 U Labor price: $2,000 U Labor quantity: $1,000 F Overhead: $1,500 F
To calculate the cost of goods sold, we use actaul costs and quantity of direct labor and direct materials. Therefore, the only estimated cost is overhead.
Gross profit= 220,000 - 90,000 + 1,500= 131,500
Your debits and credits will want to be written in your register. When you record transactions in your register, you are able to make sure you are balancing your check book and understand how much money you have coming in and where your money is going that you spend. Understanding expenses and how to manage your money is the best way to stay on track with monthly expenses and credits.
Answer:
D. Piecework
Explanation:
Piecework compensation is a situation where a worker is paid per unit of output he produce.
Piecework refers to a payment schedule in which an employee is paid a fixed rate for each unit of production produced. It is a payment common to temporary or ad-hoc staffs. The amount earned by a worker depends on the quantity of goods produced.
Piecework pay encourages employees to work more so they can earn more. It also helps a firm to increase output because workers will produce more units to increase their pay.
The disadvantage of piecework pay is that the quality of the product might decrease since workers focus more on quantity produced.
Piecework pay can be calculated by multiplying piece rate per unit by number of units produced.
That is,
Piecework Pay = piece rate per unit x number of units produced
The correct answer is choice A.
A business with only one owner is called a sole proprietorship. This owner has rights to all of the profits and does not have to share them with anyone.