Answer:
A) cost of units completed and transferred out plus the cost of ending work in process.
Explanation:
The total costs accounted for in a production cost report consists of Cost in units of Work - In - Process Inventory and Cost Incurred During the Current Period.These Costs equal cost of units completed and transferred out plus the cost of ending work in process.
Answer:
The correct answer is c) reach a settlement that benefits all parties.
Explanation:
Taking into account the nature of the relationship (long-term), an adequate treatment is exclusively required to achieve broad levels of negotiation. When this process is carried out under a harmonious environment, it is more feasible that part and part objectives can be achieved, which allows negotiations to be carried out in the future for the benefit of both people. A negotiation requires time and studies, for which some claims that harm the establishment of a common good must be lowered.
Answer:
Club membership fee of $60 would maximize profit.
If the club charges tow part pricing the maximum revenue can be $3500.
Explanation:
Joe has entered into a monopoly because he is owner of single golf course in the Northlands.
Demand function for Joe's golf course is:
P = 160 - 2q
P = $20 , q = 50
160 - 2 (50) = 60
Consumer surplus = 0.5 * equilibrium quantity
Consumer Surplus for Joe is ; 0.5 * 50 (160 - 20) = $3500
If MR = MC then demand function will become :
160 - 4q
If q = 25 then
160 - 4 * 25 = 60
Cost Principle,
<span>requires that assets be recorded at the cash amount (or its equivalent) at the time that an asset is acquired.</span>
Answer:
B. Requiring disclosure of all relevant facts so that investors can make informed decisions.
Explanation:
The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.
In the United States of America, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America. It has the power to propose securities rules and regulations, and enforce federal securities law in the securities market.
The basic purpose of the securities laws in the United States is to regulate the issuance of investment securities by requiring disclosure of all relevant facts so that investors can make informed decisions.
Some of the forms to be filled as required by the United States of America, Securities and Exchange Commission (SEC) includes;
1. Form 10-K.
2. Form 10-Q.
3. Form 8-K.
