Answer:
B. debit Cost of Goods Sold $ 4,500 and credit Finished Goods Inventory $ 4,500
Explanation:
The cost of goods sold will be 4,500 cost of the job 750
We are going to debit the cost of good sold for the amount it cost to make job 750
and credit the finished goods inventory as the amount of goods available for sale decreases.
When we sale we deliver an asset of ours (finished goods) thus, we have to make it decrease.
Answer:
standard price= $5
Explanation:
Giving the following information:
Quantity of direct materials used 3,000 lbs. Actual unit price of direct materials $5.50 per lb. Units of finished product manufactured 1,400 units Standard direct materials per unit of finished product 2 lbs.Direct materials quantity variance-unfavorable $1,000Direct materials price variance-unfavorable $1,500.
Direct material price variance= (standard price - actual price)*actual quantity
-1,500= (SP - 5.5)*3,000
15,000=3,000SP
5= standard price
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (1400*2 - 3,000)*5
Direct material quantity variance= 1,000 unfavorable
Sorry I don’t understand the question
Answer:
The correct option is: B) When teams have excess members, cohesiveness declines
Explanation:
A team is defined as the group of individuals that work together to achieve a common desired goal. The members of a team are known as team members.
The composition and size of the team affects the outcome of the team. The optimal size of the team is considered to be between <u>5-12 members</u>.
Also, homogeneity and the number of members in the group determines the cohesiveness of the group.
<u>Therefore, if a group has excess team members, the cohesiveness of the group decreases.</u>
