Answer:
1. $2.60
2. 4 pounds
3. $10.40
Explanation:
Given that,
Price per pound of raw materials = $2.30
Freight-in = $0.20
Receiving and handling = $0.10
Quantity per gallon of the finished product—required materials = 3.60 pounds
Allowance for waste and spoilage = 0.40 pounds
1. Standard materials price per gallon:
= Price per pound of raw materials + Freight-in + Receiving and handling
= $2.30 + $0.20 + $0.10
= $2.60
2. Standard materials quantity per gallon:
= Quantity required materials + Allowance for waste and spoilage
= 3.60 pounds + 0.40 pounds
= 4 pounds
3. Standard materials cost per gallon:
= Standard materials price per gallon × Standard materials quantity per gallon
= $2.60 × 4
= $10.40
Answer:
Cognitive dissonance
Explanation:
Cognitive dissonance is a concept of social psychology and is described as the discomfort which is felt by a person who is having conflict in values and ideas. The people in this state feel guilt, embarrassment and anger. There is a motivational drive in humans to reduce the dissonance.
Leon Festinger developed theory of cognitive dissonance to predict and explain the peoples reaction to various situations. This theory states that people have prejudice to get agreement between what they expect and the reality.
<span>False. Net operating income is income after interest and taxes.
Net operating income, also know as, NOI is used to generate income mainly in real estate. To solve for net operating income you take the revenue from the property sold and subtract the operating expenses from the sale. </span>
B. i would choose b anyways. if you choose C. They could report you and you would be caught with it. A. i wouldn't what if they don't smoke and report you.
Answer:
$104,000
Explanation:
The amount or value of sale of the product is what Johnson recognizes are revenue. The amount of revenue is only affected by sales discounts/rebate, sales return and allowances.
Hence the purchase of advertising services from Robbins is not an element of revenue but expense.
As such, Johnson should record revenue on its sale of product to Robbins of $104,000.
