Answer:
a) The exchange rate after a 20% devaluation is TL85,000/$
b) The percent change was this from the predevaluation rate is -32%
Explanation:
a) exchange rate after devaluation = (exchange rate before devaluation)/(1 - Devaluation)
= TL68,000/(1-20%)
= TL68,000/(0.80)
= TL85,000
Therefore, The exchange rate after a 20% devaluation is TL85,000/$
b) percentage change = (starting exchange rate - ending exchange rate)/ending exchange rate
= (TL68,000 - TL100,000)/TL100,000
= -TL32,000/TL100,000
= -0.32
Therefore, The percent change was this from the predevaluation rate is -32%
In an equipment replacement decision, the cost of the old equipment is called Bsunk cost.
Answer:
C. middle of the road management
Explanation:
Leadership grid refers to a situation when a leader put too much emphasize on one part of the operation while neglecting the others. In the end, this will reduce the overall's productivity.
Example of leadership Grid:
When managers force the employees to work overly long hours every day because they believe it will bring more profit for the company. But in the end, the employees felt a burn out and many of them eventually quit or become too tired to be fully productive.
To handle leaderships grid, middle of the road management tend to be preferred.
The reason for this is that middle of the road management tend to implement balanced concern between the business and the people who work in it. This management will create a schedule that allow the employees to fulfill the needs in their personal life and career. In the long run, this will create a positive environment in the workplace and improve the productivity as a whole.
Answer:
$64,000
Explanation:
The Cost price of the item Acquired is measured at fair value. When the Fair Value of Both the Asset Acquired and Asset given up can be determined reliably, the fair value of the asset given up will be used. Unless, the fair value of the asset acquired is more evident, that value may be used.
<u>Measurement of New Heating System :</u>
Cash $60,600
Add Trade In Value $3,400
Total $64,000
Answer:
C. $ 32,742
Explanation:
The cost per equivalent unit were $ 1.35 for direct materials and $ 5.20 for conversion costs.
The Ending Work In Process has Equivalent Units 9000 complete as to materials and 44% complete as to Conversion Costs.
So the costs will be
Materials = 9000 *100% * $ 1.35 = $ 12150
Conversion = 9000 * 44% * 5.20 = $ 20592
Total Costs $ 32742
The Ending Work in Process costs are found by multiplying the unit costs with the Equivalent number of units multiplied with the percentage of completion.
