ZK
Zybrea Knight
Answers (8)
ZK
Answered
Which of the following is/are the simplest form(s) of virtual meetings?
A) Videoconferencing
B) Telepresence
C) Virtual whiteboards
D) Online brainstorming
E) Instant messaging and teleconferencing
A) Videoconferencing
B) Telepresence
C) Virtual whiteboards
D) Online brainstorming
E) Instant messaging and teleconferencing
On Aug 06, 2024
E
ZK
Answered
A limitation of the use of inductive reasoning in the development of an accounting theory is that it:
A) does not question the appropriateness of the observed actions.
B) attempts to improve a particular process.
C) is based on identifying a set of objectives.
D) is only useful for developing normative theories.
A) does not question the appropriateness of the observed actions.
B) attempts to improve a particular process.
C) is based on identifying a set of objectives.
D) is only useful for developing normative theories.
On Aug 02, 2024
A
ZK
Answered
Garner Company begins operations on July 1 2017. Information from job cost sheets shows the following: \quad \quad \quad \quad Manufacturing Costs Assigned \text { Manufacturing Costs Assigned } Manufacturing Costs Assigned
JobNo. July August September 100$12,000$8,80010110,8009,700$12,0001025,00010311,8006,0001045,8007,000\begin{array}{rrrr}\text { JobNo. }& \text { July }& \text { August } & \text { September }\\100 & \$ 12,000 & \$ 8,800 & \\101 & 10,800 & 9,700 & \$ 12,000 \\102 & 5,000 & & \\103 & & 11,800 & 6,000 \\104 & & 5,800 & 7,000\end{array} JobNo. 100101102103104 July $12,00010,8005,000 August $8,8009,70011,8005,800 September $12,0006,0007,000 Job 102 was completed in July. Job 100 was completed in August and Jobs 101 and 103 were completed in September. Each job was sold for 60% above its cost in the month following completion.
Instructions
(a) Compute the balance in Work in Process Inventory at the end of July.
(b) Compute the balance in Finished Goods Inventory at the end of September.
(c) Compute the gross profit for August.
JobNo. July August September 100$12,000$8,80010110,8009,700$12,0001025,00010311,8006,0001045,8007,000\begin{array}{rrrr}\text { JobNo. }& \text { July }& \text { August } & \text { September }\\100 & \$ 12,000 & \$ 8,800 & \\101 & 10,800 & 9,700 & \$ 12,000 \\102 & 5,000 & & \\103 & & 11,800 & 6,000 \\104 & & 5,800 & 7,000\end{array} JobNo. 100101102103104 July $12,00010,8005,000 August $8,8009,70011,8005,800 September $12,0006,0007,000 Job 102 was completed in July. Job 100 was completed in August and Jobs 101 and 103 were completed in September. Each job was sold for 60% above its cost in the month following completion.
Instructions
(a) Compute the balance in Work in Process Inventory at the end of July.
(b) Compute the balance in Finished Goods Inventory at the end of September.
(c) Compute the gross profit for August.
On Jul 07, 2024
(a) Work in Process I nventory
July Job 100$12,000 Job 10110,800‾ Balance, July 31$22,800\begin{array}{cc}\text { July}&\text { Job } 100 & \$ 12,000 \\&\text { Job } 101 & \underline{10,800}\\\text { Balance, July } 31&&\$22,800\end{array} July Balance, July 31 Job 100 Job 101$12,00010,800$22,800
(b) Finished Goods Inventory
Job 101$32,500 Job 10317,800‾ Balance, Sept.30 30$50,300\begin{array}{cc}\text { Job } 101 & \$ 32,500\\\text { Job } 103& \underline{17,800}\\\text { Balance, Sept.30 } 30&\$50,300\end{array} Job 101 Job 103 Balance, Sept.30 30$32,50017,800$50,300
(c) Gross Profit
Month Job Number Sales COGS Gross Profit August 102$8,000$5,000$3,000\begin{array}{ccccc}\text { Month} & \text { Job Number } & \text { Sales } & \mathrm{COGS} & \text { Gross Profit } \\\hline\text { August }&102&\$8,000&\$5,000&\$3,000\end{array} Month August Job Number 102 Sales $8,000COGS$5,000 Gross Profit $3,000
July Job 100$12,000 Job 10110,800‾ Balance, July 31$22,800\begin{array}{cc}\text { July}&\text { Job } 100 & \$ 12,000 \\&\text { Job } 101 & \underline{10,800}\\\text { Balance, July } 31&&\$22,800\end{array} July Balance, July 31 Job 100 Job 101$12,00010,800$22,800
(b) Finished Goods Inventory
Job 101$32,500 Job 10317,800‾ Balance, Sept.30 30$50,300\begin{array}{cc}\text { Job } 101 & \$ 32,500\\\text { Job } 103& \underline{17,800}\\\text { Balance, Sept.30 } 30&\$50,300\end{array} Job 101 Job 103 Balance, Sept.30 30$32,50017,800$50,300
(c) Gross Profit
Month Job Number Sales COGS Gross Profit August 102$8,000$5,000$3,000\begin{array}{ccccc}\text { Month} & \text { Job Number } & \text { Sales } & \mathrm{COGS} & \text { Gross Profit } \\\hline\text { August }&102&\$8,000&\$5,000&\$3,000\end{array} Month August Job Number 102 Sales $8,000COGS$5,000 Gross Profit $3,000
ZK
Answered
Austin is a team leader with excellent speaking skills. His messages convey power and authority. His team has landed an extremely challenging project that requires extra effort from each member because of the tight deadlines involved. What are some other strategies Austin can use to persuade his team members to give their best performance for the project's success?
On Jul 03, 2024
A major part of being persuasive involves choosing the correct linguistic style, a person's characteristic speaking pattern. A power-oriented linguistic style gives power and authority to message senders in many situations. Austin can use any of the following principles for supplementing his power-oriented talks to persuade his team to perform.
1. Liking: People like those who like them.
2. Reciprocity: People repay in kind.
3. Social proof: People follow the lead of similar others.
4. Consistency: People align with their clear commitments.
5. Authority: People defer to experts.
6. Scarcity: People want more of what they can have less of.
7. Pre-suason: Put people in a receptive mood before asking them for something.
1. Liking: People like those who like them.
2. Reciprocity: People repay in kind.
3. Social proof: People follow the lead of similar others.
4. Consistency: People align with their clear commitments.
5. Authority: People defer to experts.
6. Scarcity: People want more of what they can have less of.
7. Pre-suason: Put people in a receptive mood before asking them for something.
ZK
Answered
Generally, valuing inventory above cost
A) violates conservatism and is never allowed
B) violates the lower of cost or market rule and is never allowed
C) is acceptable when revenue recognition is not applicable
D) is acceptable only in selected industries and in certain circumstances
A) violates conservatism and is never allowed
B) violates the lower of cost or market rule and is never allowed
C) is acceptable when revenue recognition is not applicable
D) is acceptable only in selected industries and in certain circumstances
On Jun 06, 2024
D
ZK
Answered
With a __________ the jury makes specific written findings on each factual issue, and the judge then applies the law to these findings.
A) general verdict
B) special verdict
C) v oir dire
D) quasi in rem
A) general verdict
B) special verdict
C) v oir dire
D) quasi in rem
On Jun 03, 2024
B
ZK
Answered
According to the Independent Sector, one hour of volunteer time contributed to a nonprofit organization in 2016 was worth ______.
A) $21.70
B) $22.55
C) $23.00
D) $24.14
A) $21.70
B) $22.55
C) $23.00
D) $24.14
On May 07, 2024
D
ZK
Answered
Which of the following is not required information to obtain to conduct the factor weighting technique in supplier selection analysis?
A) a set of supplier criteria
B) a weight for each supplier criterion
C) a score for each potential supplier on each criterion
D) a qualitative scale on which to rate suppliers
E) a numerical scale on which to rate suppliers
A) a set of supplier criteria
B) a weight for each supplier criterion
C) a score for each potential supplier on each criterion
D) a qualitative scale on which to rate suppliers
E) a numerical scale on which to rate suppliers
On May 04, 2024
D