Answer:
The answer is d. Work in Process account.
Explanation:
Work-In-Process (WIP) refers to the materials that have started the production process, but have not yet been completed. The work-in-process inventory account is an asset account that is used to track the cost of the partially finished goods.
<span>The only research method that can establish a cause an effect relationship is a control experiment. A control experiment is designed to minimize variables or other factors that can interfere with data. This makes the results more reliable and is often used in comparison to other types of experiments.</span>
Answer:
The depreciation charge in 2021 is $ 164,000.00
Explanation:
Annual depreciation charge=cost-salvage value/useful life
cost is $610,000
salvage value is $61,000
useful life is 9 years
Annual depreciation charge=($610,000-$61,000)/9=$61000
The depreciation of charge of $61000 is applicable to years 2018 ,2019 and 2020 respectively.
The estimates of the asset changed in the year 2021,hence a new depreciation based on the present book value is required.
revised depreciation charge=$610,000-($61,000*3)-$99,000/(5-3)=
$164,000.00
Interest
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
Answer:
Informal communication network
Explanation:
Grapevine within an organisation can lead to various problems, such as confusions and lack of communication. Grapevine are the rumours which are usually circulated by individuals, it can be stopped by proper communication with the employees. Another name of the grapevine is informal communication which allows employees to speak directly without proper channels of the formal communication network.
