The intergroup hostility is particularly likely to occur
when there is a scarcity in terms of the material resources that are needed and
that when there is a presence of each members of the group to have different
types of valuing the material resources that is needed.
Answer:
Please sew below
Explanation:
Skidmore Music Company.
1. Cash basis income statement
Sales
$13,800
Less: cost of goods sold
$1,700
Gross income
$12,100
Wages expense
$720
Operating income
$11,380
2. Accrual basis income statement
Sales.
$16,700
Less: cost of goods sold
$4,900
Gross income
$11,800
Wages expense
($720)
Utility expense
($280)
Operating income
$10,800
the actual cost per direct labor hour must be $17.56
<h3>What is
direct labor?</h3>
A direct labor cost is a component of a wage bill or payroll that can be specifically and consistently assigned to or associated with the production of a product, a specific work order, or the provision of a service.
Variable labor, fixed labor, direct labor, and indirect labor are the four types of labor costs.
Labor cost is an important value that finance and accounting professionals calculate to determine a company's direct and indirect labor costs. Wages and benefits for employees directly involved in the production of the product or service commodity are included in the direct cost of labor.
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Answer:
Percentage
Explanation:
The percentage of credit sales method is one of the methods used in estimating bad debt expenses. The other method is the account receivable method. The percentage of credit sales method is also known as the income statement approach. It is dine by checking the historical percentages of credit sales that resulted in the bad debt. Attention is drawn towards determining the amount to be recorded on income statement as bad debt expense. Bad debt in itself refers to temporary account that states the estimated amount of current period's credit sales that customers will fail to pay.
Answer:
The correct answer is letter "A": apparently demand is affected not just by the number of people who use a product but also by the type of person that uses the product.
Explanation:
Demand is defined as the requests of good or services individuals make to satisfy their needs. Usually, demand is related to price while determining the fluctuations in the quantity demanded for a given product. However, price is not the only factor that impacts demand.
<em>Consumer preferences, income, and expectations, </em><u><em>advertisements</em></u><em>, </em>and <em>the number of consumers in the market</em> also determine the demand for commodities.