Answer: Option D
Explanation: As time is a very important resource for every organisation and is considered as the essence of success, business organisations should manage it properly.
The interviewing process in recruitment should be done on the basis of job type. It means all the candidates that are applying for same job profile or job in the same departments should be interviewed at the same day individually. This will help the organisation to save its time.
Hence, from the above we can conclude that the right Option D.
Volunteers should be interviewed at 10-minute intervals, by job type, and potentially in small groups to manage time efficiently. Each method has its advantages, with intervals allowing individual assessment and job type interviews focusing on relevant skills, while small groups can evaluate teamwork.
When considering how volunteers should be interviewed because time is of the essence, it is essential to manage the interview process efficiently. Interviews could be scheduled at 10-minute intervals to ensure that each volunteer is given attention while also keeping to a strict schedule. This approach facilitates a rapid yet orderly interview process. Additionally, by grouping interviews by job type, interviewers can focus on specific roles and streamline the discussion towards relevant skill sets and experiences pertinent to those roles. It is also beneficial to keep interviews short and organized, with a clear purpose communicated to the volunteers, ensuring that they understand their participation is voluntary and valuing their time and contribution.
Conducting interviews in small groups could be another method to expedite the process, though it might not offer the same depth of individual assessment as one-on-one interviews. However, this approach can be conducive to evaluating group dynamics and teamwork skills. No matter the method, ensuring that every volunteer is interviewed allows for their personal opinions to be heard, signifying respect for their willingness to contribute to the organization.
Rinker Audio Products has a fully-staffed purchasing department that procures various inputs. It also has various domestic manufacturing facilities that coordinate with the purchasing department. Rinker's distribution function coordinates the shipment of finished products. Taken together, Rinker Audio Products' purchasing, manufacturing, and distribution functions constitute the company's
A. promotion.
B. recruitment.
C. logistics.
D. benchmarking.
E. inshoring.
Answer: Logistics
Explanation: Logistics refers to the group of complex operation that are to be performed within an organisation by different individuals under the guidance of various different experts of such tasks. These operations are dependent on each other for their effective performance.
Thus, we can conclude that the combination of Rinker's manufacturing, distribution and purchasing activities will collectively be called as logistics.
Which of the following is TRUE of brokers? a. Brokers bring buyers and sellers together and assist in negotiation. b. Brokers represent buyers or sellers on a permanent basis. c. Brokers assume title and risk from the time an order is accepted to its delivery. d. Most brokers are hired by sellers and work for a salary. e. Selling brokers have contractual authority to sell a manufacturer’s entire output.
Answer:
a. Brokers bring buyers and sellers together and assist in negotiation.
Explanation:
Brokers are a kind of agents as, they help the buyers find the sellers, and the sellers to find the buyers.
They help in price negotiations and settling the deals. They are hired for individual deals, and not for a specified period.
They do not get any payments in the form of salary, but they get payment in the form of commission, based on the price of settlement of the deal.
Brokers are intermediaries who bring buyers and sellers together and assist in negotiation, typically working on a commission basis and not representing either party permanently.
Explanation:The correct answer to the student's question about which statement is true of brokers is: a. Brokers bring buyers and sellers together and assist in negotiation. Brokers act as intermediaries in various marketplaces, playing a pivotal role as middlemen who facilitate trades between buyers and sellers. They do not typically assume title and risk nor do they represent buyers or sellers on a permanent basis. Instead, brokers arrange sales on a commission basis and may also provide advice to clients. This is particularly true in areas such as stock brokerages, where brokers execute orders to buy or sell shares on behalf of their clients. It's important to note that selling brokers do not usually have authority to sell a manufacturer’s entire output, unless a specific contractual agreement is in place.
Exxon employees knew the path to success required increasing sales each month even if the methods used were unethical. This understanding was so pervasive, it eventually brought the company down. We can say Exxon's culture was_________
Answer:
strong because the majority of employees behaved unethically despite knowing it was wrong
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question We can say Exxon's culture was strong because the majority of employees behaved unethically despite knowing it was wrong. Like mentioned in the question since the employees followed Exxon's rule and made unethical choices in order to increase sales it eventually led to the downfall of Exxon.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Many businesses today appear to have some type of corporate social responsibility edict. When might the need for social responsibility conflict with the need to maximize profits? When the needs conflict, how should an organization decide which path to pursue?
According to Kenneth Goodpaster and John Mathews, authors of the manifesto "Can a corporation have a conscience?" Addressed this paradox by formulating an apparent dilemma: multinational companies are so powerful that it is dangerous for them to interfere in social and political issues, but it is also important that they dedicate only to maximize your earnings. For both, the conclusion is that is entering social and political issues companies have certain possibilities to increase their profits, they will simply do so.
When at the commencement of a legal action a plaintiff asks the court to confiscate certain property belonging to the defendant to act as security for the satisfaction of the judgment he's seeking, the plaintiff is asking the court to issue a:
a) Garnishment
b) Writ of possession
c) Writ of attachment
d) None of the above
Answer:
The correct option is (c)
Explanation:
Writ of attachment is an order by court to seize or confiscate an asset or property mentioned on the writ that belongs to the defendant.
The asset is seized till the time legal action is pending. This is advantageous as plaintiff's rights are protected as well as acts as an aid in negotiating settlement with the defendant.
Garnishment is when money is withheld and given to another party.
The kitchen manager at an Italian restaurant is deciding what assignments he should give to his
two cooks, John and David. John can make 25 pizzas or 40 servings of pasta per hour and David
can make 20 pizzas or 30 servings of pasta. Which of the following should be the manager's choice?
A) David will make pizza because he has comparative advantage in making pizza.
B) John and David both will spend half their time making pizza and half their time making
pasta because each has a comparative advantage in making pizza.
C) Fire David because he is not as productive as John. John will do both jobs.
D) John will make pizza because he has comparative advantage in making pizza.
Answer:
A) David will make pizza because he has comparative advantage in making pizza.
Explanation:
Make Pizzas Serving make pizzas/serving pasta
25 40 0,63
20 30 0,67
A construction firm cannot obtain the necessary permits to begin building a shoppingmall until it can show it either has or will have the necessary funding to complete the project. The firm may ask a bank for which of the following to allow it to obtain the permits?I.Commercial letter of creditII.Loan commitmentIII.Credit lineIV.Repurchase agreementA)I or IIB)II or IIIC)II or IVD)III or IVE)I or IV
Answer:
The answer is: B) II or III
Explanation:
A loan commitment is a bank’s (or any other type of lender) promise to offer a loan of a specified amount to a borrower.
A line of credit is an agreement between a bank (or other financial institution) and a customer for a maximum loan amount the customer can borrow.
Alpaca Corporation had revenues of $300,000 in its first year of operations. The company has not collected on $20,000 of its sales and still owes $25,200 on $75,000 of merchandise it purchased. The company had no inventory on hand at the end of the year. The company paid $14,000 in salaries. Owners invested $23,000 in the business and $23,000 was borrowed on a five-year note. The company paid $3,000 in interest that was the amount owed for the year, and paid $6,800 for a two-year insurance policy on the first day of business. Alpaca has an effective income tax rate of 9%.
Compute net income for the first year for Alpaca Corporation:
a) $ 183,092
b) $ 186,186
c) $ 225,000
d) $ 204,600
Answer: Option (b) is correct.
Explanation:
Given that,
Revenues = $300,000
Merchandise it purchased = $75,000
Salaries paid = $14,000
Owners invested = $23,000
Borrowed on a five-year note = $23,000
Interest paid = $3,000
Paid for a two-year insurance policy = $6,800
Income tax rate = 9%
Gross Margin = Revenues - Cost of Goods Sold
= $300,000 - $75,000
= $225,000
Profit before tax = Gross Margin - Salaries - Insurance payment - Interest
= $225,000 - 14,000 - 3,400 - 3,000
= $204,600
Net Income = Profit before tax - Tax at 9%
= $204,600 - 18,414
= $186,186
Suppose an organization donates a portion of its profits to charity, provides its employees with one day off per month for community volunteer service, sponsors several local youth activities for underprivileged children, and has a cutting-edge recycling program. Which approach to social responsibility is this firm taking? Defensive stance accommodative stance obstructionist stance proactive stance
Answer:
The correct answer would be option D, Proactive Stance.
Explanation:
There are four major stances to Social Responsibility. Defensive, Accommodative, Obstructionist and Proactive are these Stances. Proactive Stance is the highest among all, in which an organization or company or individual acts in advance of a future situation rather than being defensive or confronting the situation when arises. Proactive stance emphasizes on doing something on your own proactively.
So when an organization denotes portion of its profits to charity, its employees spends a day in a month for community volunteer service, sponsors several local youth activities for underprivileged children and has a cutting edge recycling program, the organization is doing more than what is legally required to do. They are proactively participating in the social causes. So Option D would be the answer.
Can the government require a company to recall a product if they believe it is harmful to consumers?
A.Yes. They have the power to remove it if they believe it’s harmful.
B.No. That decision and responsibility is left on the business itself.
Answer:
A.Yes. They have the power to remove it if they believe it’s harmful.
Explanation:
When the government have reasons to believe that a product is potentially harmful to consumers and or buyers, they have the right to require a company to recall a product, if they believe it is harmful to consumers, because it is then the governments responsibility to protect the public.
Final answer:
The government, through the FDA, can require a company to recall a product if it poses a significant risk to public health and safety, especially in the case of medical devices and certain other products. If companies refuse to recall, the FDA has the authority to enforce actions and, in extreme cases, pursue criminal charges.
Explanation:
Yes, the government can require a company to recall a product if it is deemed harmful to consumers. The Food and Drug Administration (FDA) has authority in specific circumstances to issue recalls or take enforcement actions. For example, the FDA can mandate a recall for medical devices, certain cosmetics, and food products if they pose a substantial public health and safety risk. Under 21 CFR 810, the FDA has the Medical Device Recall Authority, which means that legally, the FDA can require a company to recall a device if the company refuses to do so voluntarily.
In cases where a product, such as a drug or a biologic, is not under the FDA's recall authority, other measures can be taken. For instance, if a company refuses to recall a product, the FDA can initiate seizure or injunction cases to immediately prevent the distribution of defective and potentially harmful products. In extreme cases, where products cause significant harm to consumers, criminal actions can be pursued against the firm responsible for manufacturing or selling the items.
For food safety, both the USDA and FDA enforce laws to ensure the safety of domestic and imported food products. If there's a significant health hazard, the agencies can push for a recall to protect public health. Recalls are usually initiated voluntarily by the company after identifying a problem, but the FDA oversees the process and may require public notification or additional actions if a recall is deemed ineffective.
A firm that successfully differentiates its product or lowers its average cost of production creates A. a perfectly inelastic demand curve for its product. B. economies of scale. C. entry barriers into its market. D. value for its customers.
Answer:
The correct answer is D. value for its customers.
Explanation:
Generating value for the client means giving something in which he feels really grateful, having fulfilled what was expected or, even better, having fulfilled what was needed and what was wanted.
For example, the delivery of the product on the agreed date, the ease of the process of both buying and using the product or service, the attitude of the team when it comes to serving the customer, solving a problem in an effective way, making a conversation enjoyable at the time it is paid, etc.
Generating added value for the customer is not about magic. It is simply that the customer perceives a positive difference. Let him see that it is a different place and concerned about the most important details for the benefit of the client.
The key to giving value to your customers is in the small details, so it is time to start with the business to offer it.
Valid Inc., a manufacturer of electronic gadgets, sees an unforeseen drop in sales of its latest product, Anytime Videogames. Nathan, the developer of the battery used in Anytime Videogames, discovers that the reason for this is the low battery life of the consoles. In order to increase the battery life of the consoles, which of the following skills must Nathan specifically improve?
a. Communication skills
b. Technical skills
c. Conceptual skills
d. Time-management skills
Answer: Technical skills
Explanation: The specialized knowledge that is used to perform a specific task is called technical skills. In general the tasks that requires technical skills are scientific and practical in nature.
In the given case, Nathan has to increase the battery life that is used to manufacture the product. This is a scientific task and needs practical application of the specialized knowledge he possess.
Thus, we can conclude that Nathan needs to improve his technical skills.
The fact that personal expenditures of company owners (i.e., the purchase of personal use items including food, home improvements, family automobiles, etc.) should not be reflected as assets or expenses in the company’s financial statements is a reflection of
Answer:
the entity concept
Explanation:
According to the entity concept, a company and its owners are treated as two separate parties or economic units. Therefore, transactions such as purchases and receipts of the business must be recorded separately from those of its owners. Therefore, separate accounting records will have to be maintained to record the transactions.
All of the following statements are true about preferred stock EXCEPT:
A. Preferred dividends are paid before common
B. In most cases dividends are paid semi-annually
C. Corporations must pay preferred dividends
D. Preferred shareholders are paid before common shareholders upon liquidation of a corporation
The incorrect statement about preferred stock is that corporations must pay preferred dividends.
Although preferred dividends are paid before common dividends, there is no legal obligation for corporations to pay them.
The correct option is c.
Explanation:The statement in question is related to the characteristics of preferred stock. Let me help you understand each option.
A. Preferred dividends are indeed paid before common dividends. This is one of the advantages of preferred shares.
B. The payment of preferred dividends is typically semi-annual, but this can also depend on the company's dividend policy.
C. This is the incorrect statement. While preferred dividends have priority over common dividends, corporations are not legally obligated to pay them. If the company's financial situation is not good, the board may decide to omit or delay these dividends.
D. If a company is liquidated, preferred shareholders are paid before common shareholders. They have a higher claim to the company's assets.
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The International Nickel Company of Canada is often cited as an example of monopoly. What was the source of the barrier to entry that gave this firm monopoly power? A. control of a key resource B. There were important network externalities in the production of nickel. C. It was a public enterprise; therefore, the Canadian government blocked entry into the market for nickel. D. Economies of scale resulted in the company becoming a natural monopoly.
Answer:
A. control of a key resource
Explanation:
The International Nickel Company of Canada was founded in the early 1900´s and it was the result of the merge of three companies, the Carnegie Steel Company, Canadian Copper Company and Orford Copper Company, this is very important because this three companies were merged into a single one that controlled the whole production of Nickel, so they basically created a monopoly by merging with eachother.
The International Nickel Company of Canada had monopoly power due to its control of a key resource.
Explanation:The source of the barrier to entry that gave the International Nickel Company of Canada monopoly power was control of a key resource. By controlling the supply of nickel, the company was able to restrict competition and maintain its dominant position in the market. This control of a scarce physical resource made it difficult for other firms to produce enough nickel to compete.
The first stage of ABC entails the assignment of
a) resource costs to departments.
b) activity costs to products or customers.
c) resource costs to a plantwide pool.
d) resource costs to distribution channels.
e) resource costs to individual activities.
Answer:
e) resource costs to individual activities.
Explanation:
Under ABC that is activity based costing system, all the indirect costs are allocated based on activities and ratio of activities in different department.
Therefore, correct option is assignment of the resource cost that is basic cost to individual activities.
As with this we calculate the activity cost per unit of activity, this further allocates cost to the portion of activity to each department.
The Netflix database will also show you R rated movies when you run a search for a kid's movie. True False
Answer:
False
Explanation:
I've found that the Netflix is intuitive enough to not give R rated options after searching a kids movie
Answer:
this is completely false
Explanation:
Netflix puts restriction on movies that seem inappropriate to kids if r rated then they don't show it in the kid section only 18 and up.
Zane's leadership style includes delegating tasks to his employees and giving them the freedom to perform the tasks using any strategy they see fit. This demonstrates which of the critical management skills suggested by Katz?
a) Interpersonal skills
b) Leadership skills
c) Technical skills
d) Political skills
e) Conceptual skills
Answer:
Interpersonal Skills
Explanation:
The Interpersonal Skills enable the managers to make use of human potential in the company and motivate the employees for better results. Empowering the employees is a strong sign of this skills
________ represents the largest single market for foreign investment in the developing world.
a. India
b. South africa
c. China
d. Russia
e. Brazil
Answer:
Explanation:C
Sales this year at Donna's Pawn Shop have been high, and based on several factors, Donna projects next year's sales to also be good. However, even with her forecast of continued strong sales, Donna and her business partner need to develop a plan in case sales drop unexpectedly. ________ is the type of planning for alternative future conditions.
Answer: Contingency planning
Explanation: In simple words, it refers to the planning for an upcoming event that may or may not occur in the future. This planning is usually done by organisation so that they can act accordingly if any problem in business operations occurs in future.
In the given case, even after having positive forecast, Donna is planning for future uncertainty such as unexpected stoppage on sales.
Thus we can conclude that this is the type of contingency planning.
Evan visits a travel website to book a trip to Europe. While he is fairly certain he has selected good flights and exciting destinations, he cannot fully evaluate his trip until he actually arrives. The components of Evan's trip can best be described as __________ goods.
Answer: Experience goods
Explanation: Experience goods are the goods, the characteristics of which are hard to evaluate in advance and the consumer can judge their utility satisfaction only after consumption.
In the given case, Evan is not completely sure that he will enjoy his trip as he is uncertain about the elements of the trip he has booked. Evan can only evaluate his level of satisfaction after going to the vacation.
Thus, from the above we can conclude that the components are an example of Experience goods.
Answer:
experience goods
Explanation:
Experience goods are products or services that a consumer cannot judge in advance. Their characteristics must be experienced (or consumed) in order to determine if their quality or price was good or bad.
Evan hopes that his trip will be good and exciting, but he will not be able to determine how satisfied he is until he experiences the trip.
On the contrary, search goods are goods that a consumer may evaluate before purchasing, while credence goods are those that a consumer cannot evaluate after the purchase.
Fill in the blank: You had a successful team meeting where you were able to prove the ROI of your content marketing efforts. However, your boss wants more details on the content path that helped closed leads into customers. You could do this by creating a(n) __.- attribution report- referrals report- sales report- None of the above
Answer:
sales report is the correct one
Freez is an ice-cream manufacturer in Ceda, a predominantly agrarian nation. Freez does not spend too muchon marketing its products. Instead, it focuses on improving the processes through which it manufactures ice-cream. Freez believes that the quality of the ice cream alone is enough to differentiate itself from other manufacturers and generate sales. In this scenario, Freez’s marketing strategy is: -promotion oriented. -relationship-marketing oriented. -sales oriented. -production oriented. -marketing-concept oriented
Answer:
The answer is: Product oriented
Explanation:
Marketing considers products as tangible goods or intangible services that satisfy a customer´s need or demand. In this case Ice Cream is Freez´s product and their marketing strategy is based on making their product better. They expect consumer fidelity to be very high and word of mouth marketing to take place.
They believe that once a customer tries their ice cream, two things will happen; They will like their ice cream so much that they will keep buying it (consumer fidelity), and that they will start word of mouth marketing. That is that one customer will tell his friends how good Freez´s ice cream is and that will make those people want to buy the ice cream. Once they buy the product, they will be so satisfied that they will again recommend the ice cream to their other friends. Word of mouth marketing works (on a small scale) the same way social network notifications or viral internet videos work, basically good gossip.
Match the terms with the appropriate definition. 1. work done for pay. e-commerce 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience. net wage 3. buying or selling products and services using the Internet. mediation 4. wage amount after deductions are withheld. career 5. a way a person chooses to live his or her life. job 6. the people who are both able and willing to work. discrimination 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age. communication 8. the act of sharing information. lifestyle 9. the use of a third party to make suggestions. technology 10. knowledge and tools used to perform tasks. workforce
Answer:
1. Job
2. Career
3. E-commerce
4. Net wage
5. Lifestyle
6. Workforce
7. Discrimination
8. Communication
9. Mediation
10. Technology
Explanation:
Job 1. work done for pay.
career 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience.
e-commerce 3. buying or selling products and services using the Internet.
net wage 4. wage amount after deductions are withheld.
lifestyle 5. a way a person chooses to live his or her life.
workforce 6. the people who are both able and willing to work.
discrimination 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age.
communication 8. the act of sharing information.
mediation 9. the use of a third party to make suggestions.
technology 10. knowledge and tools used to perform tasks.
A job is a person's chosen way of life, while a career encompasses a series of related jobs based on knowledge, training, tasks performed, interests, and experience. E-commerce refers to buying or selling products and services using the Internet, and net wage represents the amount of pay after deductions are withheld.
Explanation:Job - a way a person chooses to live his or her life.Career - series of related jobs based on knowledge, training, tasks performed, interests, and experience.E-commerce - buying or selling products and services using the Internet.Net wage - wage amount after deductions are withheld.Workforce - the people who are both able and willing to work.Discrimination - unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age.Communication - the act of sharing information.Mediation - the use of a third party to make suggestions.Technology - knowledge and tools used to perform tasks.Rational choice theorists would define the behavior of corporate executives who outsource many jobs to countries where the cost of labor is substantially less than in the United States as being:
a) instrumentalb) expressivec) habituald) affective
Answer:
a) instrumental
Explanation:
According to my research on studies conducted by various Rationalists, I can say that based on the information provided within the question they would classify this as being Instrumental. This term refers to making choices based on the means that "work" efficiently in order to achieve a certain goal. Which in this case is what The United States is doing by outsourcing job to people that charge a lot less.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Emma, the facilities director for a college of business, was very involved in the purchase process for remodeling the student lounge and computer labs. The Dean of the school made the final choice of contractor from among the choices Emma researched and negotiated the contract. Here, Emma performed what function in the buying center?
Final answer:
Emma served as an Influencer in the buying center for her college's remodeling project, where she 'researched and negotiated' with potential contractors, thus impacting the Dean's final selection.
Explanation:
In the scenario presented, Emma, the facilities director for a college of business, was very involved in the buying process for remodeling the student lounge and computer labs. Despite not making the final decision, Emma played an integral role in researching and negotiating with potential contractors before the Dean made the ultimate choice. Emma's role in the buying process is best described as the Influencer within the buying center.
A buying center is a group of individuals within an organization that participates in the buying process. They typically have roles assigned based on their experience, expertise, and the nature of the product or service being procured. In a buying center, individuals can assume roles such as users, buyers, influencers, deciders, gatekeepers, etc. An Influencer affects the buying decision, usually by providing information and helping to evaluate alternatives.
In summary, Emma collected information, evaluated options, and had a say in the negotiations, which significantly impacted the Dean's final choice of contractor. Hence, her role as an influencer in the buying center was critical to the decision-making process, even though she did not have the final say.
The Unearned Revenue account of Professor Incorporated began 2018 with a normal balance of $5,000 and ended 2018 with a normal balance of $11,000. During 2018, the Unearned Revenue account was credited for $24,000 that Professor will earn later. Based on these facts, how much revenue did Professor earn in 2018?
Answer: $18,000
Explanation:
Given that,
Began 2018 with a Normal balance = $5,000
Ended 2018 with a normal balance = $11,000
Unearned Revenue account was credited = $24,000
Revenue earned by professor in 2018 :
= Beginning unearned revenue + Advance payments - Ending unearned revenue
= $5,000 + $24,000 - $11,000
= $18,000
Therefore, $18,000 revenue earned by professor in 2018.
Professor Incorporated earned $18,000 in revenue in 2018. This was calculated by using the beginning and ending balances of Unearned Revenue along with the credits made to the Unearned Revenue account throughout the year.
To calculate how much revenue Professor Incorporated earned in 2018, we can follow the accounting equation for unearned revenue.
The equation is stated as follows: Beginning Unearned Revenue + Credits to Unearned Revenue during the year - Revenue Earned during the year = Ending Unearned Revenue.
In this case:
Beginning Unearned Revenue (January 1, 2018) = $5,000 Credits to Unearned Revenue during 2018 = $24,000 Ending Unearned Revenue (December 31, 2018) = $11,000
Thus, we can calculate the revenue earned during the year as:
Revenue Earned during 2018 = Beginning Unearned Revenue + Credits to Unearned Revenue during 2018 - Ending Unearned Revenue
Revenue Earned during 2018 = $5,000 + $24,000 - $11,000
Revenue Earned during 2018 = $18,000
Therefore, Professor Incorporated earned $18,000 in revenue over the course of 2018.
Schneider, Inc., had the following information relating to Year 1: Budgeted factory overhead: $74,800 Actual factory overhead: $78,300 Applied factory overhead: $76,500 Estimated direct labor hours: 44,000 Actual direct labor hours: ? If Schneider decides to use the actual results from Year 1 to determine the Year 2 overhead rate, what is the Year 2 overhead rate?
Answer:
The actual direct labor hours are 45,000.
The overhead rate for Year 2 is $1.74.
Explanation:
Compute the actual direct labor hours:
[tex]\begin{aligned}\text{Actual direct labor hours}&=\dfrac{\text{Applied overheads}}{\text{Overhead rate}}\\&=\dfrac{\$76,500}{1.7}\\&=45,000\end{aligned}[/tex]
Therefore, the actual direct labor hours are 45,000.
Compute the overhead rate for Year 2:
[tex]\begin{aligned}\text{Overhead rate}&=\dfrac{\text{Actual overheads}}{\text{Actual direct labor hours}}\\&=\dfrac{\$78,300}{45,000}\\&=1.74\end{aligned}[/tex]
Therefore, the overhead rate for Year 2 is $1.74.
Working note:
Calculate the overhead rate for Year 1:
[tex]\begin{aligned}\text{Overhead rate}&=\dfrac{\text{Budgeted overheads}}{\text{Estimated direct labor hours}}\\&=\dfrac{\$74,800}{44,000}\\&=1.7\end{aligned}[/tex]
Final answer:
The question asks for the Year 2 overhead rate for Schneider, Inc based on Year 1's actual results, specifically requiring the calculation based on actual factory overhead and labor hours, which are incomplete in the provided details.
Explanation:
The question is about calculating the Year 2 overhead rate for Schneider, Inc., based on the actual results from Year 1. Since the actual factory overhead for Year 1 was $78,300, and assuming Schneider decides to allocate overhead based on direct labor hours, we need to know the actual direct labor hours to calculate the rate. However, the actual labor hours were not provided in the question. Typically, the overhead rate is calculated by dividing the total overhead cost by the total base (e.g., labor hours). Without the actual labor hours, we can't directly answer the question asked but can explain the method on how it would be calculated if that information was available.
How did the constitution differ from the articles of confederation? Match the correct document on the left to each of the features on the right. Drag each item on the left to its matching item on the right. Note that every item may not have a match, while some items may have more than one match?
How the constitution differs from the Articles of the Confederation.
The Constitution of the United States was created on September 7, 1787, and ratified on June 21, 1788. It is the present constitution of the United States, although it has been amended many times.
The Articles of Confederation were the first introduced constitution of the United States. It was created on November 15, 1777, and ratified on March 1, 1781.
Further ExplanationThe Constitution of the United State operates the bicameral legislature, which consists of the senate and the House of Representatives. It is also known as CONGRESS. There are up to 2 senators from each state and the numbers of representatives depend on the actual population of each state. Members of Congress are elected by the people and the voting in congress is one vote per one representative. There is also an executive arm of government headed by the PRESIDENT.
The Articles of Confederation operates unicameral legislature, also known as the CONGRESS. There are 2 to 7 members that represent each state. The voting pattern in congress is one vote per state and the members of congress are appointed by the state legislators. The executive arm of government is not recognized in the articles of the confederation.
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What is a constitution https://brainly.com/question/13355538the Articles of Confederation https://brainly.com/question/2786803KEYWORDS:
articles of the confederationconstitutionsunited statespresidentexecutiveslegislatorsbicameralunicameralThe constitution differ from the articles of confederation by Constitution - Bicameral legislature, included provisions for an executive office, only the national government can coin money
Further explanationCongress has two chambers such as Senate and House of Representatives . Senate is smaller because each state has two senators . While House is larger because ach state has a number of representatives proportional to its population . Founding Fathers chose bicameralism for historical, theoretical, and practical reasons
The Articles of Confederation and Perpetual Union is an agreement among the 13 original states of the United States of America that served as its first constitution. It was approved by the Second Continental Congress on November 15, 1777.
Bicameral legislature is any lawmaking body of government that consists of two separate houses or chambers, such as the House of Representatives and the Senate that make up the United States Congress. The Constitution created a bicameral national legislature A Congress composed of two separate chambers, the Senate and the House of Representatives.
Learn moreLearn more about Bicameral legislature https://brainly.com/question/2771114Learn more about the articles of confederation https://brainly.com/question/3148567Learn more about constitution https://brainly.com/question/2156113Answer details
Grade: 9
Subject: business
Chapter: the articles of confederation
Keywords: the articles of confederation, constitution, Bicameral legislature,
why should we hire you? I have my first job interview tomorrow and am sort of unsure how to answer please give a decent answer
Answer:
Just explain your best persoal qualites then follow that by saying how the company standards fit your morals and values. Then say your eager to learn and strive to be better at your profession and as a person. (research the complany's values beforehand)
Explanation:
you say "because im am well suited for this job and ill be an asset to your Corporation/industry
Explanation: