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Abubakar Bhatti
Answers (6)
AB
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The Work in Process Inventory account of a manufacturing company has a $4,400 debit balance.The company applies overhead using direct labor cost.The cost sheet of the only job still in process shows direct material cost of $2,000 and direct labor cost of $800.Therefore,the company's predetermined overhead rate is:
A) 40% of direct labor cost.
B) 50% of direct labor cost.
C) 80% of direct labor cost.
D) 200% of direct labor cost.
E) 300% of direct labor cost.
A) 40% of direct labor cost.
B) 50% of direct labor cost.
C) 80% of direct labor cost.
D) 200% of direct labor cost.
E) 300% of direct labor cost.
On Jul 27, 2024
D
AB
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What is the basic principle underlying activity-based costing?
On Jul 23, 2024
The basic principle underlying activity-based costing is that an activity is what causes costs to be incurred.
AB
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Which source of power is derived from the person's ability to control the allocation of rewards valued by others and to remove negative sanctions?
A) Reward power
B) Legitimate power
C) Referent power
D) Expert power
E) Coercive power
A) Reward power
B) Legitimate power
C) Referent power
D) Expert power
E) Coercive power
On Jun 27, 2024
A
AB
Answered
Which is the last of Kohlberg's stages of cognitive moral development?
A) Individual instrumental purpose and exchange
B) Need achievement
C) Social system and conscience maintenance
D) Punishment and obedience
E) Universal ethical principles
A) Individual instrumental purpose and exchange
B) Need achievement
C) Social system and conscience maintenance
D) Punishment and obedience
E) Universal ethical principles
On Jun 23, 2024
E
AB
Answered
Describe the procedures used and findings obtained by the Sherifs and their colleagues in the Robbers Cave Experiment.
On May 27, 2024
The Robbers Cave Experiment was conducted by social psychologist Muzafer Sherif and his colleagues in 1954. The study aimed to investigate intergroup conflict and cooperation among groups of boys at a summer camp.
The researchers divided 22 boys into two groups and placed them in separate living quarters at Robbers Cave State Park in Oklahoma. The boys were not aware of the existence of the other group. The first phase of the experiment involved the boys bonding within their own groups through various activities such as hiking, swimming, and team sports. The researchers observed that the boys quickly formed strong group identities and developed a sense of loyalty and camaraderie within their respective groups.
In the second phase, the researchers introduced competition between the two groups. They organized a series of competitive activities, such as baseball and tug-of-war, with prizes for the winning group. As the competition intensified, the boys began to display hostility and aggression towards the opposing group. They engaged in name-calling, vandalism, and even physical altercations.
In the final phase of the experiment, the researchers attempted to reduce the hostility between the groups. They introduced tasks that required cooperation between the two groups, such as fixing a broken water supply. Through these cooperative activities, the boys began to see the members of the other group as allies rather than enemies. The researchers observed a significant reduction in intergroup hostility and an increase in cooperation and friendliness between the boys.
Overall, the Robbers Cave Experiment demonstrated the formation of group identities, the escalation of intergroup conflict through competition, and the potential for reducing hostility and promoting cooperation through shared goals and intergroup contact. The findings of the study have contributed to our understanding of intergroup dynamics and the factors that influence conflict and cooperation between groups.
The researchers divided 22 boys into two groups and placed them in separate living quarters at Robbers Cave State Park in Oklahoma. The boys were not aware of the existence of the other group. The first phase of the experiment involved the boys bonding within their own groups through various activities such as hiking, swimming, and team sports. The researchers observed that the boys quickly formed strong group identities and developed a sense of loyalty and camaraderie within their respective groups.
In the second phase, the researchers introduced competition between the two groups. They organized a series of competitive activities, such as baseball and tug-of-war, with prizes for the winning group. As the competition intensified, the boys began to display hostility and aggression towards the opposing group. They engaged in name-calling, vandalism, and even physical altercations.
In the final phase of the experiment, the researchers attempted to reduce the hostility between the groups. They introduced tasks that required cooperation between the two groups, such as fixing a broken water supply. Through these cooperative activities, the boys began to see the members of the other group as allies rather than enemies. The researchers observed a significant reduction in intergroup hostility and an increase in cooperation and friendliness between the boys.
Overall, the Robbers Cave Experiment demonstrated the formation of group identities, the escalation of intergroup conflict through competition, and the potential for reducing hostility and promoting cooperation through shared goals and intergroup contact. The findings of the study have contributed to our understanding of intergroup dynamics and the factors that influence conflict and cooperation between groups.
AB
Answered
Weller Industrial Gas Corporation supplies acetylene and other compressed gases to industry. Data regarding the store's operations follow:Sales are budgeted at $350,000 for November, $370,000 for December, and $360,000 for January.Collections are expected to be 80% in the month of sale and 20% in the month following the sale.The cost of goods sold is 69% of sales.The company desires an ending merchandise inventory equal to 80% of the cost of goods sold in the following month.Payment for merchandise is made in the month following the purchase.Other monthly expenses to be paid in cash are $20,100.Monthly depreciation is $19,900.Ignore taxes.
Required:
a. Prepare a Schedule of Expected Cash Collections for November and December. b. Prepare a Merchandise Purchases Budget for November and December. c. Prepare Cash Budgets for November and December. d. Prepare Budgeted Income Statements for November and December. e. Prepare a Budgeted Balance Sheet for the end of December.
Required:a. Prepare a Schedule of Expected Cash Collections for November and December. b. Prepare a Merchandise Purchases Budget for November and December. c. Prepare Cash Budgets for November and December. d. Prepare Budgeted Income Statements for November and December. e. Prepare a Budgeted Balance Sheet for the end of December.
On May 24, 2024
a.
b.
c.
d.
e.
b. c. d. e.