Answer:
Risk Breakdown Structure
Explanation:
According to my research on the different techniques or structures used within organizations, I can say that based on the information provided within the question the term being used is called Risk Breakdown Structure. This structure is a pyramid structure which organizes different project risks and arranges them by category.
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One of the main reason is He <span>Knocked out in one of the games during high school. Grange remained unconscious for two days after the blow and started to experience difficulity in speaking. This make his career became really blurry and none of the team want to sign him. In the end, he had to make his own team.</span>
Answer:
marginal cost is 15 cents
Explanation:
given data
car rent = $29.95
distance d1 = 150 miles
cost = 15 cents per miles
distance d2 = 200 miles
to find out
marginal cost
solution
first we find here cost for driving d2
cost for 150 to 200 miles = 15 × 50
cost for 150 to 200 miles = 750 cents = $7.5
so
cost for driving d2 = $7.5 + $29.95
cost for driving d2 = $37.45
so
marginal cost will be
marginal cost = change in cost / chance in distance
marginal cost = 37.45 - 39.95 / ( 200-150)
marginal cost = 7.5 / 50 = 0.15
marginal cost is 15 cents
Answer:
(1) $31,538.4; $5,328.9; $36,867.3
(2) $326,206; $120,903; $447,109
Explanation:
(1) Cost of ending work in process inventory:
For materials:
= Equivalent units of production in ending work in process × Cost per equivalent unit
= 2,040 × $ 15.46
= $31,538.4
For conversion:
= Equivalent units of production in ending work in process × Cost per equivalent unit
= 930 × $5.73
= $5,328.9
Total = $31,538.4 + $5,328.9
= $36,867.3
(2) Cost of the units completed and transferred out:
For materials:
= Total units completed and transferred × Cost per equivalent unit
= 21,100 × $ 15.46
= $326,206
For conversion:
= Total units completed and transferred × Cost per equivalent unit
= 21,100 × $5.73
= $120,903
Total = $326,206 + $120,903
= $447,109
Answer:
Woods Company
Accounts Requiring Adjustment, Type of Adjusting Entry, and the Related Account:
Account Type of Adjustment Related Account
a) Account receivable Accrued revenue Service revenue
b) Prepaid insurance Prepaid expense Insurance expense
c) Equipment Not required Not required
d) Accumulated depreciation Accrued expense Depreciation expense
e) Notes Payable Not required Not required
f) Interest Payable Accrued expense Interest expense
g) Unearned service revenue Unearned revenue Service revenue
Explanation:
End of period adjustments are made to accounts in order to bring them in line with the accrual concept and matching principle of accounting. These principles require that expenses and revenues for the period are matched in order to determine the appropriate profit generated for the period. The implication is that transactions are recorded when they are incurred and not when cash is exchanged. For example, if rent expense is incurred for the year and payment is made in the following year, the expense must be recognized in the current year. The same applies to revenue.