Which is not a way that government provides incentives for innovation

Nettie can produce 8 cupcakes or 4 hamburgers in an hour. becky can produce 4 cupcakes or 8 hamburgers in an hour. they each can

Alex73 [517]

The correct answers are four and four (4,4).

Why? Since Nettie was able to produce 8 cupcakes and 4 hamburgers within an hour, which gives her 8 cupcakes and 4 hamburgers available for trading while Becky was able to produce 4 cupcakes and 8 hamburgers in an hour. When they traded each other for a certain food its value will be equal to the opposite food, like 1 hamburger is equivalent to 1 cupcake, Nettie consumed 4 hamburgers, while Becky consumed 4 cupcakes, which is why they both consumed 4 pieces of food each after their trade.

4 0

3 years ago

Which of the following is false regarding the FIFO inventory method?

puteri [66]

Answer: All of the other answer choices are true.

Explanation:

FIFO simply refers to “First-In, First-Out” and the method assumes that the oldest goods that are in the inventory of a company have been sold first and therefore, the costs that are paid for them will be used for the calculation.

The following are true regarding the FIFO method:

• FIFO under a perpetual inventory system results in the same cost of goods sold as FIFO under a periodic inventory system.

• A company can choose to account for the flow of inventory using the FIFO method even if this doesn’t match the actual flow of its inventory.

• Perishable goods often follow an actual physical flow that is consistent with the FIFO method assumptions.

Therefore, the correct option is D as all are true.

4 0

3 years ago

Mark s wife asked him how his first day at work went. He smiled and said everyone he met told him about how Jed McClusky single-

Nookie1986 [14]

Answer:

The correct answer is a. corporate stories.

Explanation:

Corporate stories are events that occurred in the past, which, because of their relevance to the development of the organization, serve as a reference to project into the future. What is sought with these types of events is to motivate, encourage employees to perform their tasks in the best way, trying to make every effort to achieve it.

7 0

3 years ago

Phillips Corporation's fiscal year ends on November 30. The following accounts are found in its job order cost accounting system

xz_007 [3.2K]

Answer:

Phillips Corporation

a = 9,050 beginning balance Raw Materials

b = 36,660 beginning balance WIP

c = 15,650 direct materials

d = 6,825 Overhead applied

e = 13,500 Ending balance WIP

f = 5,500 beginning balance Finished Goods

g = 54,625 Completed jobs

h = 4,300 ending balance Finished Goods

i = 9,100 wages assigned

j = d

k = 3,125 indirect labor

l = 1,145 Underapplied overhead

m = 55,825 cost of goods sold

Explanation:

a) Data and Analysis:

1. Jobs in process:

Job No. 154 and Job No. 155

Combined direct materials costs $9,950

Combined direct labor costs 15,200

Overhead applied (75%) 11,400

Total work in process, beginning $36,550

2. Jobs started in December:

Job Nos. 156, 157, and 158

Direct materials $4,400

Direct labor 5,200

Overhead applied (75%) 3,900

Total work in process $13,500

Beginning work in process = $36,550

Ending work in process = $13,500

Beginning Finished Goods Inventory: Job 153 $5,500

Ending Finished Goods Inventory: Job 157 $4,300

Raw Materials Inventory

Dec. 1 Beginning balance 9,050 (a)

Dec. 31 Requisitions 18,950

Dec. 31 Purchases 18,025

Dec. 31 Ending balance 8,125

Total 27,075 27,075

a = $9,050 (27,075 - $18,025)

Work in Process Inventory

Dec. 1 Beginning balance $36,550 b.

Dec. 31 Jobs completed 54,625 (g)

Dec. 31 Direct materials 15,650 c.

Dec. 31 Direct labor 9,100

Dec. 31 Overhead 6,825 d.

Dec. 31 Ending balance 13,500 e.

Finished Goods Inventory

Dec. 1 Beginning balance 5,500 f

Dec. 31 Cost of goods sold 55,825 (m)

Dec. 31 Completed jobs 54,625 g.

g. Dec. 31 Ending balance 4,300 h

Factory Labor

Dec. 31 Factory wages 12,225

Dec. 31 Wages assigned 9,100

Dec. 31 Overhead 3,125

Manufacturing Overhead

Dec. 31 Indirect materials 3,300

Dec. 31 Overhead applied 6,825 d.

Dec. 31 Indirect labor 3,125 k.

Dec. 31 Other overhead 1,545

Dec. 31 Underapplied overhead 1,145

7 0

2 years ago

To avoid accepting projects that actually should be rejected, a company should ignore intangible benefits in calculating net pre

Alex Ar [27]

Answer:

false

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Monetary amounts should be allocated to intangible benefits and incorporated into the calculation of NPV

8 0

3 years ago