Answer:
$58,000
Explanation:
The computation of the annual financial advantage (disadvantage) is shown below:
We have to take the difference between the making cost and the buying cost i.e given below
Making cost is
= (Direct materials per motor + Direct labor per motor + Variable manufacturing overhead per motor) × number of motors produced
= ($5.5 + $5.6 + $4.45) × 40,000 motors
= $622,000
And,
Cost of buying is
= Number of motors produced × cost of buying
= 40,000 × $17
= $680,000
So,
Financial advantage of making is
= $680,000 - $622,000
= $58,000
Answer: Storming
Explanation:
In the stages of group development, the storming stage is regarded as a vital stage and also the most difficult stage.
The storming stage is a stage where there's conflict and competition among the members as there is an emergence of the personalities of the members. Also, at this stage there is reduction in the team performance because there's no unity among the members
Answer and Explanation:
The Journal entries are shown below:-
1. Salaries expenses Dr, $1,950
To Salary payable $1,950
(Being salaries expense is recorded)
2. Interest expense Dr, $150
To Interest payable $150
(Being interest expense is recorded)
3. Accounts receivable Dr, $1,600
To Service revenue $1,600
(Being sales revenue is recorded)
They have oil qualifies. Although, oil accounts for 11 percent of Mexico's Exports, they both have very good amount of oil. They have 89 percent of total amounts of exports.
