Answer:
$30,000
Explanation:
In this question, the matching account principle is used which means the total revenue is matched with the total expenses in a given year.
The computation of the warranty expense is shown below:
= Number of selling units × average unit sold per unit
= 2,000 unit × $15 per unit
= $30,000
The whole amount $30,000 should be recorded as warranty expense
Answer: Vroom and Yetton's normative decision model.
Explanation:
The Vroom–Yetton normative decision model is a situational leadership theory of industrial and organizational psychology that was developed by Victor Vroom, in collaboration with Phillip Yetton and later with Arthur Jago. The situational theory argues the best style of leadership is contingent to the situation.
Regarding decision making, the Vroom-Yetton model suggests that being autocratic, seeking advice, considering alternative approaches before a decision is made, informing a group on an issue, and letting that group develop the solution without forcing your own ideas are all important at times.
Answer:
$100
Explanation:
the marginal product per dollar spent on labor = 40 units / $20 = 2 units per dollar
the marginal product per dollar spent on capital = 60 units / $30 = 2 units per dollar
the marginal product per dollar spent on land = 2 = 200 / $X
$X = 200 / 2 = 100 ⇒ the cost per unit of land is $100
The marginal product per dollar spent on a factor of production (labor, capital or land) is MP(factor)/P(factor). It measures how many additional units of output can be obtained by spending $1 more in a factor of production.
Probably D. Exotic Species
