A thing that motivates or encourages someone to do something
Answer:
Service revenue of $ 440
Explanation:
When the customer prepays, the revenue is yet to be earned hence the entries required would be a debit to cash account and a credit to unearned or deferred revenue.
As the service is rendered and revenue is earned, debit the deferred revenue account and credit the revenue account with the amount earned.
Since $660 was collected for 6 training sessions
Revenue from a training session
= 1/6 × $660
= $110
After 4 training sessions, revenue earned and to be recognized in the income statement
= 4 × $110
= $440
Answer:
$400
Explanation:
Calculation to determine the minimum acceptable price of this special order
Using this formula
Minimum acceptable price=Direct materials+ Direct labor+ Manufacturing support +Marketing costs
Let plug in the formula
Minimum acceptable price=$140 + $100 + $105 + $55
Minimum acceptable price=$400
Therefore the minimum acceptable price of this special order is $400
Answer:
(D) Task specialists keep the group moving toward its objective
Explanation:
- The highest group performance occurs when a highly cohesive group has high-performance norms.
- Group or Teams can be powerfully effective as a building block for organization structure
- A team's purpose should be translated into specific, measurable performance goals.
- The key element of effective teamwork is the commitment to a common purpose.
- Teams are now used by almost all companies to produce goods and services, to manage projects, and to make decisions about running the company.
Hence, the statement in option (D) is correctly fitted.
