In the context of the aio dimensions for measuring consumers' lifestyles, "a" stands for <span><em>activities</em></span>
The journal entries are made as follows and t-accounts and Trial balance is made.
<h3 /><h3>What is Accounting?</h3>
Accounting is the calculation of debit and credit, this includes the finance calculations of a business. Accounting have five major accounts known as Capital, Income, expense, Liabilities and Assets.
A. DR Cash 14100
DR Furniture 5200
CR Capital 19300
B. DR Rent expense 1500
CR Cash 1500
C. DR Office Supplies 900
CR Accounts Payable 900
D. DR Salary Expense 1700
CR Cash 1700
E. DR Accounts Payable 700
CR Cash 700
F. DR Accrued Income 5900
CR Services 5900
G. DR Capital 6700
CR Cash 6700
T accounts are made by the name of a certain account and debiting or crediting the effecting account.
Trial Balance
Cash 4200
Furniture 5200
Capital 12600
Rent expense 1500
office supplies 900
Salary expense 1700
Accounts payable 200
Services (COGS) 5900
Accrued Income 5900
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Answer:
Product Costs
Product costs are those that are incurred due to the production process. This will therefore include costs related to Direct labor, direct materials and factory overheads.
They include:
- Production Materials
- Factory rent
- Factory machine maintenance
- Factory utilities
- Production labor
- Factory maintenance workers
- Shipping costs for materials
- Labor supervision
Their total is therefore:
= 9 + 1 + 0.6 + 0.4 + 2.75 + 0.7 + 0.50 + 0.30
= $15.25
Period Costs
Period costs are those costs that aren't related to production but are incurred in a given period:
They include:
- Administrative costs
- Duties on shipments out
Total is:
= 0.75 + 3.00
= $3.75
Budjeting things or saving or spending it can go both ways
Question options:
a. Task structure
b. Leader-member relations
c. Leader position power
d. Leader personality
e. Organizational structure
Answer:
c. Leader position power
Explanation:
The LPC(least preferred coworker scale) measures the extent to which a person is a relationship oriented leader or a task oriented leader.
A person with a high LPC is a leadership oriented leader while a person with low LPC is a task oriented leader. Therefore a leader with low LPC tends to be the type to severly assign,punish and reward employees based on performance alone.
