Answer:
This bonus scheme has two main problems:
consumer satisfaction will decrease because they are pressured to make unnecessary purchases and once they realize it they will not be happy with the store nor with their purchasing experience. This will damage the relationship between the store and its customers. since salespeople are offering substantial discounts in order to boost sales volume, then the profits of the company will decrease.In this situation both lose, the company and its customers.
In order to solve this issue, the store should award bonuses based on total revenue and gross profit margin, not volume. This way, the salespeople will try to sell their products at the normal price, which means that they will have to convince their customers through other strategies and not just low price. The sales technique will have to shift from low cost to differentiated product that can satisfy their customers' needs.
Based on the information given, the negative consequence of the bonus schemes is the reduction in profit.
It should be noted that a bonus scheme simply means an incentive scheme given to employees. It's used to boost the performance of the team.
It should be noted that the disadvantage of the bonus scheme is that it can lead to competition among the employees. Therefore, in this case, the bonus should not be based on volume of goods sold.
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Beginning WIP is 45% complete and ending WIP is 10% complete as to conversion costs. Materials are added at the beginning of the process. If a company uses FIFO costing, the total equivalent units for materials in the period will equal:______.
a. equivalent units to complete beginning inventory and equivalent units in ending inventory.
b. equivalent units to complete beginning inventory units started into the process this period.
c. none of these units started into the process this period plus units in beginning inventory
Answer:
c. none of these
units started into the process this period plus units in beginning inventory
Explanation:
In FIFO , the physical units are divided between the beginning units, units started in process and the ending units. But as all the materials is added at the beginning of the process so the FIFO physical units would be divided between the units started into the process this period plus units in beginning inventory and hence the equivalent units for materials will be calculated.
So the best choice is option c.
In the FIFO Costing, the total equivalent units for materials in the period will equal units started into the process and units in beginning inventory.
In accounting, First In First Out (FIFO) is method of manufacturing where the first assets been purchased or acquired are first disposed in the manufacturing process.
So, in the FIFO Costing, the total equivalent units for materials in the period will equal units started into the process and units in beginning inventory.
Therefore, the Option C. is correct because the answer is not listed.
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On a particular day, the Dow Jones had a rate of change of -2.1%. Which of the following statements must also be true?
Answer: The average of the 30 stocks in the Dow Jones decreased
Explanation:
A p e x, just did the quiz
Answer:
The person above me is correct ;3
Explanation: TOOK THE QUIZ MY FRIENDS
When a firm charges high prices in the short term
Answer:
Explanation:
When they are going thru a stroke in their finances
All employers in the U.S. Pay "payroll taxes" on behalf of employees. The Medicare portion of this is 1.45% of pay. If an employee makes $480 in a week, how much does the employer contribute for Medicare?
Answer: $6.96
Explanation:
Weekly earning = $480
Medicare tax rate = 1.45%
1.45% = (1.45/100) = 0.0145
Medicare contribution = Medicare tax rate × weekly earning
Medicare contribution = 0.0145 × $480 Medicare contribution = $6.96
The employees weekly contribution that is apportioned for Medicare is $6.96
Answer:
$7.10 USD
Explanation:
If the Employer is paying 1.48% of the employees paycheck to Medicare on their behalf then in order to calculate the actual amount we must first change the percentage into a decimal by dividing it by 100.
1.48 / 100 = 0.0148
Now that we have the percentage as a decimal we multiply it by the amount that the employee made that week, which in this case is $480
480 * 0.0148 = 7.104
Therefore we can see that $7.10 USD goes to medicate this week.
Shannon has been a member of her school's news paper club for two years and attends writing workshops in her free time.Witch career choice should she explore
Answer:
Web Content Developer.
Explanation:
Due to the amount of seminar and workshop experience on writing, she could channel her experience to a content development field; which is explained to be the process of creating content for a website from start to finish. You may have also heard of content developers. The term “content developer” is also used to refer to web developers, but in this article, we’re concentrating solely on the development of content not design or programming.
Content development includes:
*Strategy.
*Writing.
*Optimization (SEO).
*Publishing.
*Promotion.
what are the disadvantage of credit card
Answer: you don’t see your own money.
Explanation:
Question 10 (5 points)
Two prescreening tools for job candidates are the resume and the
employment essay.
advertisement.
application.
letter of recommendation.
The correct answer is C. Application
Explanation:
When employers pre-screen job candidates they verify basic information about candidates such as background, education, skills, experience, etc. to determine if a candidate is suitable for a job and he/she should be interviewed or continue in the process of selection for the job.
In this context, the two main tools used by employers are the resume and the job application. These two documents provide information about the candidate's education, experience, skill, and similar but in the case of the application the information es concise and very specific, while resumes are more detailed and the candidate can include as much information as she/he wants. Thus, the two prescreening tools for job candidates are the resume and the application.
Answer: Application
Explanation: I just took the test
Hope this helps.
What's a name idea for a blue lipe gloss?
Answer:
September Sapphire?
Explanation:
September Sapphire
Angelica
Ocean
Sky
Which job role involves designing user interfaces to carry out difficult tasks?
A.
technical support specialist
B.
network administrator
C.
network engineer
D.
software auditor
E.
software engineer
Answer:
E. software engineer
Explanation:
The job role that involves designing user interfaces to carry out difficult tasks would be software engineer.
A software engineer by definition refers to someone that applies engineering and computer science principle to develop workable software solutions for different problems.
User interfaces generally represents a medium through which users and computer interact via the use of input devices and software.
The correct option is E.
The Anytime Gym is launching new services to attract more customers. They offer a variety of fitness equipment, and are now offering free child care, a smoothie bar, and extended gym hours. Which of these is an example of a core service offered by Anytime Gym? a. Free child care b.Fitness equipment c.Smoothie bar d.Extended hours
Answer:
B. Fitness equipment.
Explanation:
The core business of Anytime gym is fitness equipments. It is the main or essential activity of the Anytime gym business as it is what improves customer value and drive profits.
Generally the core business activity of Anytime Gym refers to the key activity of the enterprise.
Core business activity contains a clear company identity, in this case the name Anytime gym suggests that the business is involved in gym activities and what stand for.
Jonathan manages a department of 10 people. Once he got to know each of the individual employees, he realized it would be best for him to approach them with projects in different ways. For example, Shaina likes to know the final goal of every project, while Carson only wants the details of his task. Which type of leadership is based on having different relationships with different subordinates?
Answer: Leader-member exchange
Explanation:
Leader member exchange is the situation where the leader of a group or facility gets to introduce himself to a group; old or new, for business, instructions as regards their dealings and other things hey be doing.
Jonathan applied the leader member exchange when he wanted to know and present his offer to them.
Which critical success factor improves with reduced cycle time, better quality standards, and improved efficiency when an IS is implemented?
Answer:
management
Explanation:
Answer: productivity
Explanation:
A competitive firm currently produces and sells 7,500 units of output at a price of $2.50 per unit. The firm's average fixed cost is $0.75 and its average total cost is $2.80. A. What are the firms profits? Show your work. B. In the short run, should the firm continue to operate? Explain why. C. In the long run, should the firm continue to operate? Explain why. D. In the long run, what do you expect to happen to the market price in this industry? Explain why.
Answer:
A. $-2,250
B. The firm should continue to operate in the short run because price is greater than average variable cost
C.The firm should exit in the long run because it is making losses
D. In the long run, prices would increase because in a competitive firm, price must equal average cost. As firms exit the industry, supply would fall and this would lead to an excess of demand over supply. As a result, price would rise
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Profit = Total revenue - Total cost
( $2.50 - $2.80) × 7,500 = $-2,250
The firm is earning a loss
A firm should shutdown in the short run if price is less than average variable cost.
Average variable cost = average total cost- average total cost
$2.80 - $0.75 = $2.05
2.50 > 2.05 so the firm should continue to operate in the short run.
The firm should exit in the long run because it is making losses
In the long run, prices would increase because in a competitive firm, price must equal average cost
I hope my answer helps you.
If Mimi and Elizabeth review information provided in customer comment cards to determine whether instructional quality has changed since the decision was made to expand workshop offerings, which step of the decision-making process is involved?
Complete Question is as under:
The Maine Media Workshop is a hands-on, experiential workshop for individuals interested in film making and photography. The workshop program has grown significantly in recent years. The biggest challenge for managers of the program is getting instructors to commit. It is not uncommon for instructors to cancel their commitment hours before they are slated to teach.
If Mimi and Elizabeth review information provided in customer comment cards to determine whether instructional quality has changed since the decision was made to expand workshop offerings, which step of the decision-making process is involved?
A. Develop alternatives
B. Evaluate the alternatives
C. Following up and appraise results
D. Select the best alternative
Answer:
Option C. Following up and appraise results
Explanation:
The reason is that the Mimi and Elizabeth are reviewing the comments of the customers which are the valuable asset of the company. The customer feedback highlights what is the deficiency in the services. So when the customer answers the questions regarding the list of questions, his each suggestion is basically assessed which is following up and appraisal process. At this stage you value the suggestions of the customers and try to solve that issues and by doing so you also bring value to the company.
Don't forget to rate the answer. Thanks
HELPPPP!!!! WILLL GIVE BRAINLEST!!!
It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
1} When making decisions regarding the use of resources, options NOT chosen are known as which of the following?
A} The economic allowance for the option chosen
B} The chosen option’s tangible adversary
C} The opportunity cost of the option chosen
D} The chosen option’s conscious rejection
Answer: The answer is C opportunity cost of the option chosen
Explanation:
Human want are numerous while the resources to satisfy them are limited in supply. Because of the scarcity of resources this informed the use of scale of preference to rank our want in their order of preference. Then arise the concept of opportunity cost ,opportunity cost is the value of benefit sacrifice in favour of an alternative course of action in the sense that the acceptance of one option will automatically lead to the rejection of the second option. It is the cost of doing anything that could have been obtained if that particular decisions has not been taken. The return forgone from its use is the opportunity cost.
is Jesus real? i'm so confused even though i am a Christian, i still don't believe that jesus is real
Answer:
i dont see any proof so nope he aint real
Explanation:
Answer:
Jesus is real
Explanation:
He is the son of the lord, and died for your sins. It's also been scientifically proven that he is real How could he not be real.
somebody help me please
What happens if you don’t have a checking account? Where can you go to cash your check?
If you cash it at your bank, can you always have your money immediately?
Why?
What would prevent you from cashing your whole check instead of depositing it?
Answer:
Explanation:
1. Visit the Issuing Bank
Most banks will be willing to cash checks that have been issued from their accounts, which means you can visit a local branch of the issuing bank to get your check cashed. The big benefit of this is that you’ll often be able to cash both personal and payroll checks,And yes They will give the money back immediately but you will have to pay a fee. They will give it back immediately because they are required by the state . 2. Go to Walmart
The retail giant Walmart offers check-cashing services for customers. They’ll cash payroll checks, government checks, tax checks, and MoneyGram money orders, but not personal checks. The fee is $3 for any check up to $1,000, and $6 for any check between $1,000 and $5,000, which is the check-cashing limit.
You can Endorse the Check Over to a Friend, If you have a friend or family member whom you trust, and who has a checking account, you may be able to cash your check by endorsing the check over to them to cash. Ask the bank first if they will honor the check this way first though, since individual bank policies vary. When you endorse the check, you’ll sign your name and underneath write “Pay to the order of [friend’s name],” under which they’ll endorse the check. Their bank will then cash the check with no penalties.
Obviously, this only works if you completely trust your friend. It’s also not a favor you’ll want to get in the habit of asking, as it could be a major inconvenience for them.
You can Use a Check-Cashing Store ,This should be a last resort, as these sorts of establishments generally charge high rates for check cashing. In general, you can expect check-cashing stores to charge you a percentage of your check’s total, although some will also charge a flat fee on top of that.
You can try Prepaid Cards,Some banks will allow you to cash a check for “free” if you load the money into a prepaid card or prepaid account. The problem with these services is that the cards and accounts often have hefty monthly maintenance fees, as well as other hidden charges and fees.
The only thing that would prevent you from cashing your whole check instead of depositing is because If the bank are prepared to cash it then you might as well deposit it and at the same time do a part withdrawal of whatever cash portion of it you need. Why get the cashier to count out the full value of the check and then you hand back some of it to be deposited and recounted . I really indeed Hopes this helps.
When Cisco Systems told executives they would gain or lose 30 percent of their bonuses based on how well they worked with peers, and in three years had record profits, the company
A. increased productivity.
B. reduced costs.
C. improved workplace cohesiveness. Correct
D. reduced destructive internal competition.
increased speed.
Answer: C. improved workplace cohesiveness
Explanation:
This action by Cisco improved workplace cohesiveness as it made workplace cohesiveness the basis for financial rewards.
A financial incentive was given that should Cisco Systems Executives work well together they could gain 30% of their benefits or lose 30% if they don't. This meant that even those who do not care much for a higher salary still had to work hard at cohesion or they might lose a portion of their bonuses.
Financial incentives are known to be very effective and they worked here as well.
Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 57,000 units of RX5 follows. Direct materials $ 5.00 Direct labor 9.00 Overhead 10.00 Total costs per unit $ 24.00 Direct materials and direct labor are 100% variable. Overhead is 80% fixed. An outside supplier has offered to supply the 57,000 units of RX5 for $20.00 per unit. Required: 1. Calculate the incremental costs of making and buying component RX5.
Answer
Making the product 922,000
Buying the product 1,140,000
Explanation:
Total Incremental Costs of:
Making the Units Buying the Units
Direct Material295,000 (5*57000)
Direct Labor 513,000
(9*57000)
Overhead 114,000
(10-(10*80%)*57000
Purchase Price 1,140,000 (20*57000)
Total Costs 922,000 1,140,000
Answer:
To Make Incremantal Costs = $ 912,000
To Buy Incremental Costs = $ 1,140,000
Explanation:
incremental costs of making and buying component RX5
To Make Incremantal Costs
Direct materials $ 5.00 × 57,000 units 285,000
Direct labor $9.00 × 57,000 units 513,000
Overhead $10.00 × 20% × 57,000 units 114,000
Totals 912,000
To Buy Incremental Costs
Purchase Price $20.00 × 57,000 units 1,140,000
Totals 1,140,000
Note : Fixed Overheads have been excluded as they are incurred whether or not the Haver Company makes or buys the component RX5. Thus not incremental.
Grace feels she has been sexually harassed by Linda’s unkind comments. What should Grace do immediately? a. Contact the EEOC for help b. Tell a supervisor what Linda said c. Document what Linda said d. Tell Linda to stop Please select the best answer from the choices provided A B C D
Answer:
d. Tell Lynda to stop
Explanation:
Although there are several policies guiding sexual harassment whether in a work place or society at large, it is however important that Grace ask Lynda to stop immediately.
Verbal sexual abuse can be stopped before it degenerate to Wilder form. However, if the person is abusing the other verbally fails to stop, then the person being offended may report to the relevant authorities for necessary action.
Everyone has the right to a safe environment without being sexually abused. However, if that happens, that firm action of saying stop should be the first thing otherwise you report to the relevant authorities if it persist.
How can you use your knowledge to enhance your leadership skills?
Answer:
Have a growth mindset, practice discipline, learn to follow other, set situational awareness
Your grandparents would like to establish a trust fund that will pay you and your heirs $230,000 per year forever with the first payment 10 years from today. If the trust fund earns an annual return of 4.5 percent, how much must your grandparents deposit today?
Answer:
$3,438,289
Explanation:
First we need to calculate the future value of investment after 10 years.
A fix payment for indefinite period of time is a perpetuity payment. It will be value using perpetuity formula
Value of investment after 10 years = Yearly cash flow / interest rate
Value of investment after 10 years = $230,000 / 4.5% = $5,111,111
Now we need to discount this value to calculate the amount of deposit required today.
Present value = Future value x ( 1 + r )^-n
Today's value = $5,111,111 x ( 1 + 4.5% )^-9 = $3,438,289
A manager who involves members of the team in decisions is using which management style?
A.
Authoritarian
B.
Hands-off
C.
Participative
D.
Autocratic
Answer:
c.
Explanation:
Answer:
i think its c) to
Explanation:
Jake receives a portion of his income from his holdings of interest-bearing U.S. government bonds. The bonds offer a real interest rate of 4.5% per year. The nominal interest rate on the bonds adjusts automatically to account for the inflation rate.
Given the real interest rate of 4.5% per year, find the nominal interest rate on Sean's bonds, the after-tax nominal interest rate, and the after-tax real interest rate under each inflation scenario.
Inflation Rate Real Interest Rate Nominal Interest Rate After-Tax After-Tax
Nominal Interest Rate Real Interest Rate
(Percent) (Percent) (Percent) (Percent) (Percent)
2.0 4.5
8.5 4.5
Compared with lower inflation rates, a higher inflation rate will the after-tax real interest rate when the government taxes nominal interest income. This tends to saving, thereby the quantity of investment in the economy and the economy's long-run growth rate.
Answer:
First we find the nominal interest rate under the two scenarios. The formula is:
Nominal Interest Rate = Inflation Rate + Real Interest Rate
Nominal Interest Rate first scenario = 2.0 + 4.5
= 6.5
Nominal interest rate second scenario = 8.5 + 4.5
= 13
Now we find the after-tax nominal interest rate. The formula is:
After tax nominal interest rate = nominal interest rate x (1 - tax rate)
We will assume that the tax rate is 10%.
After tax nominal interest rate first scenario = 6.5 x (1 - 0.1)
= 5.85
After tax nominal interest rate second scenario = 13 x (1 - 0.1)
= 11.7
Finally, we find the after-tax real interst rate. The formula is:
The formula is the same as above, the only difference is that the real interest rates are used instead.
After tax real interest rate first scenario = 4.5 x (1 - 0.1)
= 4.05
After tax real interest rate second scenario = 4.5 x (1 - 0.1)
= 4.05
PLEASE
what is lean production? in details (GCSE) keywords.
Answer:
actually I am very sorry I didn't learn this I don't take business
Explanation:
Sorry would there be anything else I can help u with
A gift shop signs a three-month note payable. The note is signed on November 30 in the amount of $50,000 with annual interest of 12%. What is the adjusting entry to be made on December 31 for the interest expense accrued to that date? *
Answer:
the gift shop must recognize 31 days of accrued interest payable, total interest = principal x interest rate x time passed
= $50,000 x 12% x 31/365 days = $509.59
the adjusting entry should be:
December 31, accrued interest on note payable
Dr Interest expense 509.59
Cr Interest payable 509.59
Answer:
The adjusting entry to be made on December 31 for the interest expense accrued to that date is:
Debit Credit
Interest expense 1,000
Interest payable 1,000
Explanation:
According to the given data we have the following:
Amount of Note = $ 50,000
Annual Interest = 12 % per annum
Period = 3 Months
Period Expired = 2 Months (i.e. November and December)
Therefore, The amount of outstanding interest is computed as $ 50,000 x 12/12 x 2 x 1/100 = $ 1,000
The adjusting entry to be made on December 31 for the interest expense accrued to that date is:
Debit Credit
Interest expense 1,000
Interest payable 1,000
Calvin purchased 2 fish bowls full of goldfish and 3 goldfish in a single bag. Each bowl had 6 fish in it. How many goldfish did Calvin buy? Calculate the number of fish in 1 bowl and in the bag together. Divide that number by the number of bowls. Calculate how many goldfish are in 2 fish bowls. Add that number to the number of fish in the bag. Calculate how many more goldfish are in a bowl than the bag. Multiply that number by the number of bowls. Calculate how many fish bowls there are. Add that number to the number of fish in the bag.
Answer:
How many goldfish did Calvin buy?
(2 bowls x 6 goldfish) + 3 goldfish in a bag = 15 goldfishCalculate the number of fish in 1 bowl and in the bag together.
(1 bowls x 6 goldfish) + 3 goldfish in a bag = 9 goldfishDivide that number by the number of bowls.
9 goldfish / 2 bowls = 4.5 goldfishCalculate how many goldfish are in 2 fish bowls.
2 bowls x 6 goldfish = 12 goldfishAdd that number to the number of fish in the bag.
12 goldfish + 3 goldfish = 15 goldfishCalculate how many more goldfish are in a bowl than the bag.
6 goldfish - 3 goldfish = 3 goldfish more in a bowl than in a bagMultiply that number by the number of bowls.
3 goldfish x 2 = 6 goldfishCalculate how many fish bowls there are.
2 fish bowlsAdd that number to the number of fish in the bag.
2 + 3 = 5Owing to globalization and rapid technological change over the past few decades, the major contemporary issues in management lies in the need for efficient managers. More and more organizations today face a dynamic and changing environment. This, in turn, makes these organizations either to change or perish. There are five (5) specific forces that are acting as stimulants for change, state and explain them with relevant
Answer:
The five Specific forces acting as stimulants for change are (1)Globalization, (2)Social trends (3)Competition (4)Changes in Technology (5)Changes in Law and political behavior.
Explanation:
Solution
The Five specific forces as stimulants for change is stated below:
Globalization: globalization has also affected the domestic organizations more often. Globalization has led to the increase of the competition for every industry. for this, every domestic business would have to adopt some change is in its operations to maintain its market share and to get a competitive advantage over others.Social trends: social trends in any market would act as a stimulus for organizational environment and change as they would help the business get a first-mover advantage. for example, any social movement such as ripped jean or Bell bottom jeans, made the various companies in the same industry to adopt some changes.Competition: the entrance of new competition in the market forces the existing business organizations to acquire some changes to get a competitive advantage.Changes in technology: It is one of the significant changes in the business environment, which acts as a substance for the change in the organization. If any business wants to prosper and survive for a longer period, then it would have to acquire changes according to the technological changes in the environment to attend the competitive environment and a continually increasing market share.Changes in law and political behavior: if there are changes in government or law in any country, it may bring some changes for the business. It would force the business to adopt such changes. for example some laws related to the environmental Protection force are the business to produce environment-friendly products and adopt green technology.Turbine trip power surdg
Answer:
In brief an overspeed failure on a big steam or gas turbine is one of the most frightening industrial accidents.
A turbine overspeed accident can be caused by a lightning-induced power surge, a fouled pilot valve, an electrical fault, operator failure, or any of a few dozen other problems.
The trip mechanisms on most turbines are required by law to be tested periodically.
Explanation: