Answer:
$5,548
Explanation:
Bonkowski Corporation
Estimated raw materials inventory balance at the end of February will be:
Raw materials inventory (ending) 5,548
(55,480 pounds × 10% )
Cost per pound $1.00
Hence:
Balance of Raw material inventory at the end of February will be:
$5,548 ×$1.00
=$5,548
Answer:
c. −$80.
Explanation:
The computation of the economic profit is shown below:
Economic profit = Total revenue - Cost of seeds - Earning foregone
where,
Total sales revenue is $300
Cost of seeds is $130
And, the earning foregone is
= 10 hours × $25
= $250
So, the economic profit is
= $300 - $130 - $250
= -$80
We simply applied the above formula to determine the economic profit
Answer:
That statement is true
Explanation:
Pre-determined overhead is the method of overhead calculation that being done at the beginning of each accounting period. They use the number based on estimation from the performance on the previous period.
Determining pre-determined overhead of a machine is far easier compared to human labor since machine tend to give stable performance.
Since larger companies tend to use more machines than smaller companies, pre-determined overhad is more common among larger companies and rarely found in smaller ones.
Answer:
Dollar General
Consolidated means that the financial statements of the parents have been combined with the financial statements of its subsidiaries so that the combined entities are presenting a single set of financial statements, as if they were one entity, which they are in the group sense.
Explanation:
For example, the income statement of Dollar General will be combined or consolidated with the income statement of one or all of its subsidiaries so that the investor has a view of the consolidated net income of the group. To achieve this, some transactions that were done with inter-group companies will be eliminated, especially when the transactions have not been completed with entities outside the group. For example, inventories bought from one company by another in the group, which have not been sold to the outside of the group will be eliminated so that the group does not assume to have made profits from itself.
<u>Answer:</u>A 3) Two days off with pay
B. 3)For every 200 Macy's coupons you hand out, you will receive 25% off any item in the store.
3). 2) In the coming weeks, I will be relying on you to make decisions on how best to make this transition.
<u>Explanation:</u>
Expectancy theory has three components which are Valence, instrumentality and effort. Motivation at workplace is essential the above three examples is based on the expectancy theory and the employees are motivated based on the theory.
A. Emily is the employee who has put a lot of effort to complete the task at Macy's. She has helped the store in relocating and attending the young female customers to compete Abercrombie & Fitch. She has worked hard and requires two days off to put herself together. She also needs to be paid for two days for her hard work.
B. Instrumentality is the performance outcome through motivation. Here Emily should be given motivation to do more sales. The target based motivation would be effective and she would be motivated to handout more coupons to avail her discount at the store.
C. Expectancy is the perceived effort performance relationship. Giving Emily the power to make decisions gives her motivation to perform well.
