Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding D

Options:

very high, given both expectancy and valence levels are elevated

moderately high, since high valence and instrumentality compensate for low expectancy

moderate, as high expectancy and valence levels counteract low instrumentality

low, since motivation requires high expectancy, instrumentality, and valence.

Answer:

low, since motivation hinges on high expectancy, instrumentality, and valence.

Explanation:

The expectancy theory of motivation posits that an individual will be driven to perform if they perceive their efforts will yield a positive reaction from their employer or result in satisfactory compensation. An employee who doubts their ability to meet the demands for a promotion will have a diminished level of motivation.

Answer:

Explanation:

a. On March 2

Debiting Accounts Receivable A/c $$887,400

                                             Crediting Sales A/c $$887,400

(Recognizing the sale of inventory at sale price)

Debiting Cost of Goods Sold A/c $

                    Crediting Merchandise Inventory A/c $571,700

(Recognizing merchandise sold at cost)

b. On March 8

Debiting Sales Return and Allowance A/c  $103,200

                                 Crediting Accounts Receivable  $103,200

(Recording the sales return)

Debiting Merchandise Inventory A/c  $62,500

                                        Crediting Cost of Goods Sold A/c  $62,500

(Recording the sales return)

c. On March 12

Debiting Cash A/c $768,516

Debiting Sales Discounts A/c $15,684

         Crediting Accounts Receivable A/c $784,200

(Recording cash received)

Calculating the balance owed is as follows:

= Sale of inventory - Returns

= $887,400 - $103,200

= $784,200

And the discount = $784,200 × 2% = 15,684

Answer:

8.66%

Explanation:

The calculation for the real rate of return is displayed below:

Real rate of return = {(1 + nominal rate of return) ÷ (1 + inflation rate)} - 1

= {(1 + 11.65%) ÷ (1 + 2.75%)} - 1

= {(1.1165) ÷ (1.0275)} - 1

= 1.086 - 1

= 0.0866 or 8.66%

By applying the formula where the numerator is the nominal rate of return and the denominator is the inflation rate