Setting the pay according to the goals achieved
by a group may not be considered beneficial to everyone, thus decreasing motivation.
Pay-for-performance or according to individual performance may help motivate
the employee but increasing individuality in terms of performance may also decrease
group cohesiveness or group-related values. The speaker here shows depreciation by undervaluing another's work to overvalue or protect one's own.
Answer:
Total Equivalent Units Conversion 746,000
Explanation:
Breakfast Cereal Maker
Weighted-Average Inventory Method
Total Equivalent Units
Units Conversion Equivalent Units
Particulars %
Units completed 620,000 100 % 620,000
<u>Add Ending WIP 180,000 70 % 126,000</u>
<u>Total Equivalent Units 746,000</u>
<u />
<em>The total Equivalent units are obtained by adding the percent of the units in the ending work in process inventory to the units completed and transferred out. This is the average weighted method of finding the equivalent units.</em>
<em>As only conversion is required we found out the conversion units only.</em>
Answer:
b) a debit to Depletion Expense for $175,000
Explanation:
The computation of the depletion expense is shown below:
Depletion expense = (Purchase of mining rights × current year mined tons of ore) ÷ (expected harvested tons of ore)
= ($500,000 × 350,000 tons) ÷ (1,000,000 tons)
= $175,000
So the journal entry would be
Depletion Expense A/c Dr $175,000
To Accumulated Depletion A/c $175,000
(Being the depletion expense is recorded)
A franchise arrangement include a franchiser and franchisee with the franchiser terms and conditions to the franchisee.
<u>Explanation:</u>
A franchiser is the owner of any business and have an established trade mark. A franchisee is the one who will be paying royalty for using the Franchiser's brands and trademarks. There will be a contract agreement that exists in the franchising system. The agreement will contain two parties involved in it which is the franchiser and the franchise.
The agreement will also contain the terms and conditions of the franchiser to the franchise. The franchiser need to be obliged to these terms and conditions and when the violation of these terms and conditions happens then the franchiser has the power of taking legal actions as mentioned in the contract.
The statement above is TRUE. ISO 14000 is a set of standards that is related to environmental management. Its major purpose is to help companies to reduce to the barest minimum the negative effects which their process procedures have on the environment. <span />
