Answer:
$135,000
Explanation:
The direct materials used in production for the month of June is computed as;
= Materials inventory at June 1 + Materials purchased during the month of June - Materials inventory at June 30
= $48,000 + $132,000 - $45,000
= $135,000
Therefore, the direct materials used in production for the month of June is $135,000
Answer:
B)
Explanation:
Because Ralph´s Recliners assigns the fixed costs to more quantity of recliners. Each one of the products charges less part of the fixed cost, compared with each one made by Lazy Guys. Then, the average total cost is lower.
Answer:
Social Cognitive Perspective.
Explanation:
This theory focuses on how we interact with our environment. Is the believing of the capability of oneself of successfully performing certain behaviors or reaching certain goals. Behavior is influenced by the interaction between our traits (including our thinking) and our social context.
Perspective stating that understanding personality involves considering the situation and thoughts before, during, and after an event.
The three main factors are:
- Thoughts
: The interaction between the person and their behaviour is influenced by their thoughts and actions.
- Environment
: The interaction between the person and environment involves beliefs and cognitive competences developed and modified by social influences.
- Behaviors: The interaction between the environment and their behaviour involves the person´s behaviour determining their enviroment, which in turn, affects their behaviour.
Answer:
The ratio is 2 and is acceptable for most industries is true about the company’s current ratio.
Explanation:
Current Ratio shows the relationship between currents assets and current liabilities. It is a type of liquidity ratio which is required to meet short term liabilities. The current assets includes stock, debtors, cash whereas current liabilities include bills payable, creditors, etc. Both current assets and current liabilities have a life of less than one year. The formula to compute current ratio is given below:
Current Ratio = Current Assets ÷ Current Liabilities
The Current Assets is $50,000 whereas current liabilities of $25,000
So,
The current ratio = $50,000 ÷ $25,000 = 2 times
The current ratio is always shown in times only.
Thus, The ratio is 2 and is acceptable for most industries is true about the company’s current ratio and other statements are false.