On may 11, sydney co. accepts delivery of $40,000 of merchandise it purchases for resale from troy corporation. with the merchandise is an invoice dated may 11, with terms of 3/10, n/90, fob shipping point. the goods cost troy $30,000. when the goods are delivered, sydney pays $345 to express shipping for delivery charges on the merchandise. on may 12, sydney returns $1,400 of goods to troy, who receives them one day later and restores them to inventory. the returned goods had cost troy $800. on may 20, sydney mails a check to troy corporation for the amount owed. troy receives it the following day. (both sydney and troy use a perpetual inventory system.)1. prepare journal entries that sydney co. records for these transactions.2. prepare journal entries that troy corporation records for these transactions.

Amanufacturing firm is considering overhauling the existing compensation strategy. currently every front line employee who works on the assembly line earns the same hourly wage. ideally, management would like to institute a new pay system that involves pay-for-performance. which of the following recommendations is both consistent with scientific management's general emphases and generally good advice for management of this firma. the firm should adopt a differential pay system with one pay level for average performance, and a higher level for good performance. b. the firm should adopt a differential pay system, but the firm should modify it from its original design and provide many different levels of pay associated with different performance levels. c. the firm should understand worker psychology and to focus on pay as the key motivator. d. all of the abovee. none of the above