Answer:
Option C is correct
Explanation:
Because of the steep differential in the price would psychologically push the runners to run faster in order to earn the highest price.
Answer:
$537,000
Explanation:
The computation of net income for 2021 using full costing is shown below:-
Net income = Sales - Cost of goods sold - Selling and administrative expenses
= (1,200 × 1,200) - (((1,200 × (350 + 220 + 20)) + 112,000) - ((1,200 × 20) + 35,000)
= $1,440,000 - $844,000 - $59,000
= $537,000
So, for computing the net income we simply applied the above formula.
Answer:
is derived from leader capability and knowledge in a particular field
Explanation:
The expert power is thinking with respect to a specific person that contains the knowledge level or the specific level but the other person dont have
Also the person have the expertise in a specific field due to which the people around feel that the person powerful and give more values to his opinion
Therefore as per the given option, the last option is correct
Answer:
2. Work in Process Inventory is credited.
Explanation:
The journal entry is shown below:
Finished goods inventory A/c Dr. XXXXX
To Work in process inventory A/c XXXXX
(Being the completed products is recorded)
While recording this transaction, we debited the finished goods inventory account and credited the work in the process inventory account so that the proper posting could be done.