Answer:
Mogul will report Inventory of $26000
Explanation:
The consignment accounting states that any inventory sent on consignment by the consignor to the consignee belongs to the consignor until it is sold by the consignee. Mogu; company sent inventory costing 110000 and out of this only 84000 is sold. The remaining inventory still belongs to the consignor and the amount of this inventory is 110000 - 84000 = $26000
Answer:
<u>A) Path-goal models</u>
Explanation:
- A path growth model is a theory that is based on specifying the leadership style or the behavior that best the employe and the work environment so as in order to achieve the goal.
- The theory identifies the achievement-oriented, and the directive, the participative and the supportive leader which works with the team to best achieve the task, and has is adjustable and shows concern of r the employees of the group.
Answer:
<u>income statement using an absorption income statement format.</u>
Sales ( 480 × $1,960) 940,800
Less Cost of Sales ( 480×$1,350) (648,000)
Gross Profit 292,800
Less Operating Expenses
Variable selling and administrative expenses (480×$40) (19,200)
Fixed selling and administrative expenses $225,000 (225,000)
Interest Expense ($12,000)
Net Income $36,600
Explanation:
Absorption Costing Considers BOTH variable and fixed costs in product cost.Non-Manufacturing are treated as period costs.
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Answer:
What is the cost of borrowing?
The maximum amount participants may borrow from their plan is 50% of the vested account balance or $50,000, whichever is less. If the vested account balance is less than $10,000, you can still borrow up to $10,000.
Answer: Option D
Explanation: In simple words, optimal decision refers to the decision that results in at least that level of utility benefit as all other available options do . In other words, it has maximum potential for profit and least expectation of loss.
In such decision the utility is taken into consideration and is calculated on the basis of marginal cost and marginal benefit. If it provides for the higher probability that the marginal cost will be equal to marginal benefit than it would be considered as an optimal decision.
Hence the correct option is D.
