The value of the goods produced is recorded for the the current year GDP. The year of production not the year of the sale is where the product being produced needs to be recorded within. If it is sold the following year, the sale will then be recorded in the year it is sold in.
Answer:
Equivalent units of production for materials = 5960
Explanation:
Given:
Units transferred out = 5800
Units in ending inventory = 400
%age of completion for conversion = 40%
To calculate the equivalent units of production by using the formula:
Equivalent units of production for materials = units transferred out + ( units in ending inventory × %age of completion for conversion)
= 5800 + ( 400 × 40/100)
= 5800 + ( 400 × 0.4)
= 5800 + 160
= 5960
Answer:
d. strategic alliance.
Explanation:
A strategic alliance -
It is the practice between any two companies , which gives both of them some mutual profit by working on a common project , is known as a strategic alliance .
The idea behind starting a strategic alliance is to improve or expand the company in the upcoming market , this can be a short term or a long term agreement plan .
This agreement tends to benefit both the company .
Answer: Too broad.
Explanation:
A mission statement of an organization is the statement of the central goal all the operations at the organization is directed towards achieving.
The mission statement of not ruling out any opportunity the management might wish to achieve, is too broad and would make the company confused trying to achieve so many opportunities at the same time.
Your answer should be C. Hope this helps!