Answer:
a. records the returned asset in a separate inventory account.
Explanation:
The sales represent the sales revenue for how much sales are made during a particular period.
If the sales are made having a right to return the inventory the same is to be recorded in the separate inventory account so that it could be easy to identify plus it will help at the time of preparing the financial statements
Answer:
approximately correct and reliable
Explanation:
Remember, product costing is a summation of the cost incurred from the manufacturing process.
Direct material usage of product X implies; the value of the parts that go directly into producing products.
While the Manufacturing overhead costs are the cost that are factory-related which are incurred when producing a product, such as the cost of machinery and the cost to operate the machinery.
If the total <u>direct materials cost </u>and the <u>manufacturing overhead </u> are known, then the accountant could estimate the fraction used by Product X.
Answer:
performing landscaping services.
Explanation:
This is incomplete because the question is missing, here is the missing question and options:
Which phase of team development does this situation describe?
A. Performing
B. Norming
C. Forming
D. Storming
The answer to this question is B. Norming
Explanation:
In team development, norming is the third stage in the process of creating a team and making its members work together. This stage occurs after members have known each other (forming) and had solved their problems (storming). Due to this, during this stage members are able to work together and there are clear roles, which facilitates communication and adaptation. This stage is the one described because roles have been defined "everyone is taking on leadership functions related to their roles" and it seems the integration after three months facilitates communication and changes "report back to the rest of the team and smoothly adjust the project plan."