Assuming that you wanted to know how to journal this, it would be :
Dec. 31
Debit Credit
Income Summary $ 188,000
Retained Earning $ 188,000
Training on unconscious prejudice has become a well-liked method of diversity education. Such training is intended to help people recognize their unconscious prejudices, provide them tools to change automatic thought processes, and ultimately aid in the eradication of discriminatory practices in the workplace.
Demonstrations of how the mind functions in ways that are outside of our awareness and control are frequently the first step in unconscious bias training.
These examples demonstrate how people unintentionally form judgments based on factors like gender or ethnicity. Unconscious bias training is one of the diversity training techniques that has more and more support.
Attending such training may help people learn more about themselves that they might not have otherwise known. They might therefore be more aware of how their biases affect how they interact with others.
To learn more about Unconscious bias here
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(d.) ECONOMIES OF SCALE
Economies of scale is achieved when the average goods and services decrease whereas the volume of the goods and services increases.
Diseconomies of scale is achieved when the average unit cost of goods and services increases with the increase in the volume of goods and services.
Answer:
Dr. Cr.
Work-in-Process Inventory - Dept. 2: 750
Work-in-Process Inventory—Dept. 1: 750
Explanation:
All the cost incurred in the department 1 was added in the work in process account of this department. While transferring the product from one department to other the cost of work in process will also be transferred to next department to accumulate all costs associated with the product. At the end the finished goods will be carrying all the cost incurred to manufacture that product. Due debit nature of WIP account the cost in transferred to next department's account by just crediting the WIP of department 1 and debiting WIP of department 2. WIP of Department 1 will be 0 and WIP of department 2 will be $750.
