Answer:
Option (C) is correct.
Explanation:
Productivity of labor refers to the term which is used by the firms for knowing the efficiency of the labor employed into the production of the output.
Productivity is determined by dividing the output of the firm by the inputs used in the production of the goods and services.
Productivity = (Output ÷ Input)
If the productivity of the labor is not achieved as per the company requirement then there is a fall in the labor employment.
<span>a merchandise purchases budget replaces the production budget.
the manufacturing budgets are not applicable.</span>
Answer:
1. Record the adjusted for Dec 31 2021
Dr Unrealized holding loss—OCI 26,000
Cr Fair value adjustment 26,000
2.
No amounts would be reported in the income statement at December 31, 2021 .
Amount $ 0
Explanation:
1.
Fair-value adjustment of $0 to ($26,000):
Fair Value Adjustment
Balance on 1/1/2021 $0
± Adjustment needed to update fair value?
Balance needed on 12/31/2021 ($21,000 − $47,000) = ($26,000)
Fair-Value Adjustment
1/1/2021 $0
Change needed $26,000
12/31/2021 $26,000
2.No amounts would be reported in the income statement at December 31, 2021 because the accumulated net holding gains and losses are reported as a component of shareholders' equity while changes in the balance are reported as other comprehensive income in the statement of comprehensive income rather than as part of earnings.
