True. Fixed cost per unit is inversely proportional to the volume of units produced.
Fixed costs per unit are inversely proportional to the volume produced because depending on the amount of units made, the amount spent on fixed costs is then based. Because they are related to one another, this statement is true.
Answer:
d. Work-in-Process Inventory: Department no. 2.
Explanation:
The profuct is Transferred from Department 1 to Department 2. The cost in in the work in process of Department 1 which will be trasnferred to next department.
Following Journal entries will be recorded for this event.
Dr. Cr.
Work-in-Process Inventory: Department no. 2. xxx
Work-in-Process Inventory: Department no. 1 xxx
Explanation:
A behavioral interview would have been more suitable than an interview even though the applicants use a benchmark from previous experiences. A situational interview is more about the possible actions of the individual in a situation. This might predict what the claimant is going to do in the future in a current situation.
The interviewing line will be focused on the applicant's experience of an past event involving the applicant. As the conversation begins, the line of question will naturally change. Studies have found that execute interviews better determine work performance. This is a useful tool to assess which candidate is best suited for the job.
Answer:
The hypothetical tax expense =$340,000 with assumption that tax rate is 34%.
Explanation:
The above figure is worked out like this=$1,000,000*34%=$340,000
The hypothetical tax expense is pretax income multiplied with statutory income tax rate.
In our scenario pretax book income is $1,000,000 and tax rate is 34%
Please note that 34% tax rate is assumed as the said rate is not given in question.
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Industrialized Agriculture: Uses substantial hardware and a lot of money related capital, non-renewable energy sources, water, business inorganic manures, and pesticides to deliver single yields.
The real objective of industrialized horticulture is to consistently build each product's yield - the measure of nourishment delivered per unit of land.
Traditional Subsistence Agriculture: Supplements vitality from the sun with the work of people and draft creatures to deliver enough products for a ranch family's survival, with minimal left over to move or store as a save for hard tough occasions.
Industrialized farming is increasingly profitable in light of the fact that its significant objective is to deliver the most yield of harvest while subsistence has the objective of creating enough to endure and live reasonably and does not have an immense spotlight on efficiency.
