Answer: D. A manager's salary for work that is done in the corporate head office.
It is a cost incur in the process of production, but has no relationship with the production inventory, for example a manager and other worker's salary, marketing expenses, rent, advertising expenses, etc.
Explanation:
A period cost is also known as period expenses, it is a cost incur during a period when a business has no production, or business activities, it is a type of cost that cannot be recorded as production asset, production inventory, prepaid expenses, period cost are easily linked with accounting period and time than being linked with any production process or finished product.
Answer:
The $500 is the opportunity cost.
Explanation:
The sunk cost can be defined as a cost that has already been incurred. Such as cost can no longer be recovered. A sunk cost is considered to be irrelevant and is excluded from decision making.
If an individual decided to take an accounting course and paid the tuition fee of $500 and gets a job offer later. If he/she decides to take up the job the tuition fee paid will be the sunk cost which cannot be recovered anymore.
Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement.
Answer:
C) $14,693
Explanation:
Compound interest considers the return on investment (or interest) to be reinvested and provides return as well. Future value of principal value considering compound interest can be determined by below formula:
where
is the future value
is the principal amount invested
is the rate of interest
is the number of times interest is compounded within one time period
is the number of time periods
Answer:
Equity increases by $20,000 an SMA by $10,000
Explanation:
While equity is defined as the remaining value of an owner's interest in a business , the simple moving average is defined as the average of a selected range of prices , usually the closing prices by the number of periods in that range.
For every $1 increase in market value , the SMA increase by $0.5 and the equity by $1
<u>Workings</u>
1000 shares at $30 = $30,000
Market value = 1000* $50 = $50,000
Equity increase - 50,000-30,000 = 20,000
SMA = 20,000 *0.5 = 10,000
