Answer:
Entrepreneur
Explanation:
We can clearly conclude that Justin is playing the role of an entrepreneur in his firm.
This incentive on proper handling of diversity in the firm can only be implemented with an entrepreneurial mindset and goal in view.
- An entrepreneur is one that sets up a business and bears the risk of it.
- Diversity involves detailed attention to sensitivity and responsiveness of people that might differ from the norm or expected levels as of others.
- Giving out the tools and responsibility to employees is a polite discharge of duties.
One of the opportunity costs of going to college is not being able to take a job. By choosing to go to college, you will give up the income you would have earned on the job. Jobe experience you would have acquired. Another opportunity costs going to college is the cost of tuition, books, supplies, and so on.
The options provided are incorrect. The correct answer is given below.
Answer:
Residual value = $28000
Explanation:
The straight line method of charging depreciation is a method that charges a constant depreciation expense throughout the useful life of the asset. The formula to calculate the depreciation expense under the straight line method is as follows,
Depreciation expense = (Cost - Residual value) / Estimated useful life of the asset
Plugging in the values for depreciation expense, cost and estimated useful life, we can calculate the residual value to be,
5000 = (68000 - Residual value) / 8
5000 * 8 = 68000 - Residual value
40000 + Residual value = 68000
Residual value = 68000 - 40000
Residual value = $28000
Answer:
<u>trademark</u>
<u>Explanation:</u>
When the announcement was made about the iPhone 11's new Slofie (slow-
motion selfie) capability, Apple also said it had applied for a US trademark on Slofie.
Note, a trademark is a <u>legally issued</u> right for a symbol, phrase, or word to be used to denote a specific product or service, thus it gives a right of ownership to the trademark applicant. Therefore, it limits direct competition from others.
Answer:
The total cost of the departmental Work-in-Process Inventory at the end of the period = $ 8200
Explanation:
Units % of EUP
Completion D.Materials Conversion
Costs
No Of Units
Completed 1400 100 1400 1400
<u>Units In Process 400 50% 400 200 </u>
<u>Total 1800 1800 1600</u>
Ending Inventory Valuation
Working:
Direct Materials = $( 25,200/ 1800 )*400= $5600
Conversion Costs= ($ 20800/1600)*200= $2600
Total Ending Inventory Costs= $5600+$2600= $ 8200
Direct materials (1,800 at $14.00) $25,200
Direct labor 12,480
Factory overhead 8,320
Total Manufacturing Costs $ 46000
