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Alex73 [517]
3 years ago
15

Wendy was in Walmart and noticed a display with baking items collected together and a little pad with recipes to tear off. She l

ooked at the recipe and decided that this would make a nice dessert for Thanksgiving, so she purchased the products that were conveniently located on the display. Which type of decision making did Wendy undertake?
A. automatic decision makingB. limited decision makingC. nominal decision makingD. extended decision makingE. truncated decision making
Business
1 answer:
zhuklara [117]3 years ago
7 0

Answer:

B. limited decision making

Explanation:

Limited decision making -  

It is the decision making process of the consumer , to purchase a good or commodity that are very familiar , but still more information about the model or the brand is needed to get the perfect product .

Hence , from the question information , Wendy is taking the decision of - limited decision making .

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Gold Co. purchased equipment from Marshall Co. on July 1. Gold paid Marshall $10,000 cash and signed a $100,000 noninterest-bear
Monica [59]

Answer:

The acquired cost of the equipment on July 1 is $85,132

Explanation:

The computation of the acquired cost is shown below:

= Cash + Net note payable amount

= $10,000 + $75,132

= $85,132

where,

Notes payable amount equals to

= Non-interest-bearing note payable - discounts on notes payable

= $100,000 - $24,868

= $75,132

For computing the accurate answer we have to deduct the discount from the note payable amount and then added to thee cash amount

3 0
3 years ago
Baxter Company produces Frisbees using a threeminusstep sequential process that includes​ molding, coloring and finishing. At wh
Hoochie [10]

The options are:

A) When the Frisbees are in WIP InventoryWIP Inventory-Molding

B) When the Frisbees are in WIP InventoryWIP Inventory-Finishing

C) When the Frisbees are in WIP InventoryWIP Inventory-Coloring

D) All of the above

Answer:

D) All of the above

Explanation:

Manufacturing overhead is defined as all manufacturing cost incurred in producing a good that cannot be traced directly to the product in an economically feasible way.

For example processes in Work In Process stage of manufacturing such as labour and utility expenses are manufacturing overhead costs. Work in process is the manufacturing stage where goods are converted from raw goods to partially finished goods.

So all the options given which are on the WIP are correct.

4 0
4 years ago
The production department in a process manufacturing system completed 94,000 units of product and transferred them to finished g
Fofino [41]

Answer:

Weighted Average Method.

a. 110,700 units

b.  106,525 units

c.  82,090 units

FIFO

a. 85,500 units

b.  95,245 units

c.  99,010 units

Explanation:

Calculation of equivalent units of production with respect to direct materials.

FIFO.

<u>a. All direct materials are added to products when processing begins.</u>

<u>Materials</u>

To finish Opening Work in Process                    0

Started and Completed                                  65,800

Closing Work in process (16,700 × 100%)       16,700

Total  equivalent units of production             85,500

<u>b. Beginning inventory is 40% complete to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs</u>

<u>Materials</u>

To finish Opening Work in Process  (28,200 × 60%) 16,920

Started and Completed (65,800 × 100%)                   65,800

Closing Work in process (16,700 × 75%)                     12,525

Total  equivalent units of production                          95,245

<u>c. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory is 30% complete as to materials and 60% complete to conversion costs.</u>

<u>Materials</u>

To finish Opening Work in Process  (28,200 × 40%)  11,280

Started and Completed (65,800 × 100%)                   65,800

Closing Work in process (16,700 × 30%)                       5,010

Total  equivalent units of production                         82,090

Weighted Average Method.

<u>a. All direct materials are added to products when processing begins.</u>

<u>Materials</u>

Completed and transferred (94,000 × 100%) 94,000

Closing Work in process (16,700 × 100%)        16,700

Total  equivalent units of production              110,700

<u>b. Beginning inventory is 40% complete to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs</u>

<u>Materials</u>

Completed and transferred (94,000 × 100%)            94,000

Closing Work in process (16,700 × 75%)                     12,525

Total  equivalent units of production                        106,525

<u>c. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory is 30% complete as to materials and 60% complete to conversion costs.</u>

<u>Materials</u>

Completed and transferred (94,000 × 100%)            94,000

Closing Work in process (16,700 × 30%)                       5,010

Total  equivalent units of production                          99,010

8 0
3 years ago
Cupola Fan Corporation issued 12%, $460,000, 10-year bonds for $450,000 on June 30, 2021. Debt issue costs were $2,100. Interest
Rufina [12.5K]

Esta repsuea stasiod  obqeado upr inculploirlas nrmoasde es giruidad-l

8 0
3 years ago
Ali is working with a company that makes custom-designed shoes for its customers. The customers have accepted the product concep
ad-work [718]

Answer:

The functional role being used by the government to help Ali's company is;

Redistribution of income and resources

Explanation:

The government using the three arms, namely; legislature, judiciary and executive perform various functions to ensure that it's citizens live and operate in a certain way. There are different activities that need government input o ensure efficiency. Some examples are; social activities, economic activities and political activities. Some of the major functions of government are as follows;

1. Defend and preserve the country's territorial integrity: the government has a duty to defend it's borders against external aggression.

2. Preserve order: order has to be preserved in a country to minimize chaos. The government using the constitution as a tool for preserving and maintaining order.

3. Redistribution of income and resources: the government can enforce certain policies that tend to redistribute income and resources from the wealthy to economically marginalized groups in the society. This can be done by imposing higher taxes on the rich while at the same time imposing little or no tax on the poor. The government can also provide subsidies to goods and services meant for the poor or even support small businesses by providing for cheaper loans with very low interest. An example is Ali's company that utilized a low-cost loan to boost his business. In this way the government is playing the role of redistribution of income and resources.

8 0
4 years ago
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