A firm would most likely implement a policy of holding exit interviews if it wanted to:
A) find out why so many of its good employees were quitting.
B) allow immediate supervisors one more chance to convince retiring workers to stay on the job.
C) implement a golden handshake policy.
D) make sure workers who agreed to telecommute understood their new responsibilities.
Answers
A firm would most likely implement a policy of holding exit interviews if it wanted to "find out why so many of its good employees were quitting." . So, option A is the correct answer choice.
Exit interviews are used by organizations to collect information from employees who are leaving the company voluntarily. The purpose of these interviews is to obtain feedback about why employees are leaving, what they liked and disliked about the company, and what the company could do to improve retention rates.
This information can be used by the company to address any issues that may be causing high turnover rates and to develop strategies to retain valuable employees in the future. Option A is, therefore, the correct answer.
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a.) A firm would most likely implement a policy of holding exit interviews if it wanted to find out why so many of its good employees were quitting.
Exit interviews are a process where a company conducts an interview with an employee who has resigned or has been terminated, to gather feedback on their experience working for the company. It is done to gain insight into the reasons behind their departure and to identify any areas of improvement. By holding exit interviews, a company can gather valuable information on why employees are leaving, including any issues or concerns that they may have had during their tenure. This information can be used to make changes in the company culture, policies, or management practices that could improve employee retention and satisfaction.
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Related Questions
please type what belongs in the highlighted squares
ill give brainliest
Answers
To get the total revenue for the fourth quarter add the revenue for the month that apply
October revenue + $500 000
November revenue + $425 000
December revenue + \(\\)860 000
the sum total is = 1,011,000
therefore the fourth quarter revenue is $1,011,000
To calculate EBITDA subtract the expenses from the revenue
Revenue $6500 000
Expenses - $5375 000
EBITDA = 1, 125, 000
therefore the EBITDA is $1, 125, 000
To calculate Total Market Capitalization, multiply the number of share by the price per share we divide the
Number of shares \(\\)2500 000
price per share x \(\\) 23 77
= $5,942500, 000
therefore the Total Market Capitalization is $5,942500, 000
To calculate the earning per share divide the earning by the number of shares
Earning $5000 000 / Number of shares $2500 000 = 2
therefore the earning per share is 2
What is EBITDA?The abbreviation. EBITDA for stands for earnings before interest, taxes, depreciation, and amortization in business. EBITDA is very vital in understanding a business's ability to generate cash flow for its owners and use for judging a company's operating performance.
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National saving is equal to a. saving by households minus the government's budget deficit. b. the national debt. c. national income plus the nation's money supply. d. the government's budget surplus.
Answers
National saving is equal to option a. "Saving by households minus the government's budget deficit" is correct.
Why the option a is correct?National saving is the total amount of money that is saved by all the individuals, businesses, and government of a country.
It is equal to the sum of private saving (saving by households and firms) and public saving (the government's budget surplus).
Therefore, option a. "saving by households minus the government's budget deficit" is correct.
This is because private saving (saving by households and firms) is the amount of income that is not spent on consumption and is available for investment or lending.
Public saving, on the other hand, is the government's surplus, which is the amount by which government revenues exceed expenditures. When the government runs a budget surplus, it contributes to national saving by reducing the amount of borrowing it needs to finance its spending.
In summary, national saving is important because it is the source of funds for investment in a country's economy, which can contribute to economic growth and higher standards of living over time.
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give short introduction about tourism industry
Answers
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
for managers, in any organization, threats include product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets.
Answers
The statement "For managers, in any organization, threats include product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets." is False
This is further explained below.
What are managers?Generally, Within an organization, it is the responsibility of managers to organize and supervise the work of a certain group, project, or sector.
The position of a manager within an organization may have a direct bearing on the breadth and depth of the obligations they are expected to do.
When someone has the job title of manager, it may signify that they are in charge of managing a specific function or an entire team.
In conclusion, The assertion that "Product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets" is untrue in any organization:
"For managers, in any organization, threats include product or service niches that are underserved."
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Complete Question
for managers, in any organization, threats include product or service niches that are underserved, out-of-cycle hiring possibilities, mergers, purchases, or upgrades in equipment, space, or other assets.
True or false
what is networking why is useful when looking for a job
Answers
Answer:
Career networking involves using personal, professional, academic or familial contacts to assist with a job search, achieve career goals, learn more about your field, or another field you'd like to work in. Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
Explanation:
Networking can be a good way to hear about job opportunities or get in at a company you'd like to work with.
Where is the row selector located in Datasheet view?
above the top row of data
below the last row of data
to the left of the leftmost data
to the right of the rightmost data
Answers
Answer:
to the left of the leftmost data
Explanation:
A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.
A Datasheet view is simply the rows and columns of data in a table that are being displayed in database software application such as Microsoft Access and Excel.
In DBMS, rows are numbered numerically as 1, 2, 3, 4, 5, etc. from top to bottom while columns are labeled alphabetically as A, B, C, D, E, etc. from left to right. Thus, a row is the horizontal arrangement of cell while column is the vertical arrangement of cell in a spreadsheet (table of cells).
Generally, the row selector is located to the left of the leftmost data in Datasheet view.
Answer:
c
Explanation:
What isa premises account
Answers
Answer:
A current asset is any asset that will provide an economic value for or within one year. Premises, or the property where business is done, is a part of the property, plants, and equipment, or PP&E, account. All PP&E has a useful life longer than one year, premises included, so it is considered a non-current asset.
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during partial withdrawal from a universal life policy, which portion will be taxed?
Answers
During a partial withdrawal from a universal life insurance policy, the portion that is considered gain (i.e., the difference between the cash value and the cost basis) will be taxed as ordinary income.
The cost basis is typically the amount of premiums paid into the policy, while the cash value is the total of all the premiums paid into the policy minus any withdrawals or surrenders.
The portion that is considered return of premium (ROP) is not taxed, as it is considered a return of the premiums paid into the policy. However, it's important to note that the ROP portion is typically limited to a certain percentage of the policy's cash value, and may have restrictions on when and how it can be accessed.
It's also important to note that if the policy is surrendered, any gain in the policy will be taxed as ordinary income, and the tax rate will depend on the policyholder's tax bracket. It's important to consult with a tax professional or financial advisor for specific tax advice related to your individual situation.
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The US economy is in a recession. Explain how to use the fiscal OR monetary policies of the US government to positively impact the economy of the United States. List three different policies and how they could be applied.
Answers
Answer:
Recession is the downfall of economy and and different fiscal policies can help support the economy and uplift the economic activity.
Explanation:
A recession may be defined as a downfall of the economy or a decline in the economic activity. It occurs if there is a drop in spending.
The Fiscal policy of the government or the monetary policy helps to sustain the economy of the country. The main aim of the fiscal policy is to support the people and strengthen the downward shock and help them to stand against the recession.
Firstly the fiscal policy of the federal government should support the one losing their jobs with resources and benefits.
Secondly the government can distribute some funds to the households to support their families so that the people can survive and also there would be some purchasing power to the economy.
The Federal government can support the States spending. The monetary policy can guarantee loans to the businesses.
definition of the term small business
Answers
Answer:
make me brainalist and keep smiling dudeExplanation:
Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.The profession of marketing is only about
years old.
A.3000
B. 50
C. 1000
D. 100
Answers
Answer:
B.50 anserwer........Explanation:
TYThe theory of comparative advantage provides strong rationale for supporting the idea ofA) business nationalism.B) free trade.C) protectionist trade policies.D) governmental intervention in trade.
Answers
The theory of comparative advantage provides a strong rationale for supporting the idea of free trade. The correct option is B.
The theory of comparative advantage states that countries can benefit from trading with each other if they specialize in producing goods and services in which they have a comparative advantage, meaning that they can produce those goods and services at a lower opportunity cost than other countries. By trading with each other, countries can take advantage of their respective strengths and increase overall efficiency, productivity, and economic welfare.
Free trade policies are consistent with the theory of comparative advantage because they promote the free flow of goods and services across international borders, allowing countries to specialize and trade with each other based on their respective comparative advantages. Protectionist trade policies, on the other hand, can hinder trade and limit the potential benefits of comparative advantage.
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Explain what happens if you make the minimum payment every month?
Answers
Making merely the minimal payment each month will result in you paying much more than your initial total by the time you have paid it off, even though you may have more money in your pocket each month.
You will also spend a lot more time in debt if you merely make the minimal payments. Even though it's crucial to make at least the minimum payment each month, it's not recommended to carry a balance from month to month because you'll accrue interest fees (unless you're taking advantage of an introductory 0% APR) and run the danger of going into debt.
You won't incur a late payment penalty if you make the minimum credit card payment. However, you will still be responsible for paying interest on the unpaid balance. also have high interest rates on credit cards.
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Making the minimum payment on your credit card primarily covers only the interest charges, extending repayment period and possibly impacting credit score negatively.
Explanation:When you make the minimum payment on your credit card every month, you are essentially only just covering the interest charges and very small part of the principal debt. Other consequences include extending the length of time it takes to pay off your debt, potentially by several years and increasing the total you owe significantly due to compound interest. Furthermore, making only minimum payments could negatively impact your credit score, as it might indicate to lenders that you're having difficulty managing your debts.
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Your Assignment, Part III
As the final part of this assignment, you will apply your understanding of tort law to scenarios in which a business is the defendant (or defendant tort-feasor). For each scenario, describe the specific type of tort case being brought against the defendant. Then, explain what the defendant will need to prove in order to get a ruling in their favor. Finally, describe the penalty that may be assigned to the defendant if the court rules against them.
1. Mr. Shanks goes to Hyperion Hospital to have a diseased kidney removed. After the surgery, he finds that his symptoms come back and grow even worse. When he returns to the hospital to find out what is happening, the hospital staff discovers that the surgeon removed Mr. Shanks’ healthy kidney instead of the diseased one.
a. What specific type of tort case against the business would this be? Explain.
b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.
c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?
2. Two energy drink companies, Red Hornet and Blackout, have been competing with each other for years. In Blackout’s latest ad campaign, they have Red Hornet’s cartoon mascot making disparaging comments about its own product. Blackout’s ad also includes false claims that Red Hornet uses ingredients grown using slave labor. After the ad campaign runs, Red Hornet notices a drop in its energy drink sales.
a. What specific type of tort case against the business would this be? Explain.
b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.
c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?
3. Larissa works at Opalescent, a high-end jewelry store. A customer comes in on a very busy day and complains about how long it takes for anyone to assist him. Larissa apologies, but the customer continues to complain. The customer, a very large man, soon begins insulting her personally and threatening her with violence. Larissa hits him with pepper spray, incapacitating him.
a. What specific type of tort case against the business would this be? Explain.
b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.
c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?
Please Help:)
Answers
Answer:
ok
Explanation:
according to the text, the food shortage in countries like zimbabwe represents what force for change? question content area bottom part 1 a. economic shock b. nature of the workforce c. social trends d. technology e. competition
Answers
The text shows that food shortage in countries like Zimbabwe represent the force of change of a. economic shock.
What happened in Zimbabwe ?Zimbabwe was one of the top producers of food in the world until the government forcefully repatriated land from White land owners and then distributed it to others.
What followed was a wave of sanctions that led to economic issues in the nation and for a fall in food production such that there was food shortage. This shows the economic shock force of change because the economy was shocked by the sanctions.
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3.1: Discuss organisational culture and its types. 3.2: Discuss the effect of the selected organisation's culture on the recruitment and retention of its employees. 3.3: Discuss the process used in the selected Company to retain its employees. 3.4: Define Work environment and its positive and negative influence on the personal work life. Include business scenarios to support your answer. 3.5: Discuss motivational theories and its show its application with different business scenarios. Also recommend methods to motivate the employees and retain their commitment in the chosen organisation. 3.6: Also discuss the CSR and ethical responsibilities involved in HR planning. Assessment Criteria 3.1: Critically evaluate how organisational culture affects recruitment and retention of employees. 3.2: Discuss the work environment influences where personal work life balance issues and the changing patterns of work practices determine motivation and commitment.
Answers
Organizational culture refers to the shared values, beliefs, attitudes, and behaviors that characterize an organization. It is the collective way of thinking, interacting, and working within the organization.
In general , Clan cultures are characterized by a friendly and collaborative environment. They prioritize teamwork, employee involvement, and open communication. In this type of culture, employees often feel like they are part of a family, and leaders act as mentors or facilitators. Adhocracy cultures are dynamic and entrepreneurial. They emphasize innovation, creativity, and taking risks. Organizations with an adhocracy culture often encourage experimentation, flexibility, and adaptability to respond to rapidly changing environments.
It's important to note that organizations can have a combination of these culture types, and the dominant culture can vary based on factors such as industry, leadership style, and organizational history. Additionally, organizational culture can evolve and change over time in response to internal and external influences.
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explain in details;
b. what are consolidated financial statements? How to prepare consolidated financial statements?
c. why is it necessary to make consolidated worksheet adjustments?
d. How often is it necessary to make consolidate worksheet adjustments?
Answers
b. Consolidated financial statements combine parent and subsidiary financial information to create a single set.
c. Consolidated worksheet adjustments eliminate intercompany transactions, balances, and unrealized gains/losses.
d. Consolidated worksheet adjustments are made during financial statement preparation depending on reporting requirements.
b. Consolidated financial statements are prepared when a company controls one or more subsidiary entities. They provide a comprehensive view of the financial performance and position of the entire consolidated group. To prepare consolidated financial statements, the financial statements of the parent company and its subsidiaries are adjusted to eliminate intercompany transactions, balances, and unrealized gains or losses. The adjusted financial information is then combined using the principles of consolidation, such as the acquisition method or equity method, to present a unified set of financial statements.
c. Consolidated worksheet adjustments are necessary to eliminate transactions and balances that occur between the parent company and its subsidiaries. Intercompany transactions, such as sales or loans between entities, need to be eliminated to avoid double counting and to accurately reflect external transactions. Balances, such as intercompany accounts receivable or payable, must be eliminated to avoid overstating assets or liabilities. Additionally, unrealized gains or losses on intercompany transactions or investments need to be eliminated to present a consolidated financial statement that reflects the economic reality of the entire consolidated entity.
d. Consolidated worksheet adjustments are typically made during the preparation of annual financial statements. However, in certain cases, interim or quarterly financial statements may also require consolidated worksheet adjustments. The frequency of these adjustments depends on the reporting requirements and the needs of the users of the financial statements. Generally, annual adjustments are made to ensure that the consolidated financial statements accurately reflect the financial position, performance, and cash flows of the consolidated group. Interim adjustments may be necessary when interim financial statements are prepared to provide timely and relevant information to stakeholders.
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What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?
Answers
Answer:
here ;)
Explanation:
Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.
Owners' equity is the same thing as
A. gross profit
O B. gross loss
C. net liabilities
O D. net assets
Answers
I’m always right trust me
A special type of project team that focuses on the verse in designing a implement a new product is a
Answers
Answer:
Product development team.
Explanation:
Product development team is special type of team which is formulated for designing a product and implement a new product. The product development team is responsible for the research of the new product and then formulae design for the product and then implement the product.
11. True or false. A crime is an offense against the public at large.
a. TRUE
b. FALSE
Answers
Answer:
I mean I'm pretty sure that's true considering crime is against the law.
It is true that a crime is an offense against the general public. Thus option (A) is correct.
What is the offense?You know, playing offense refers to taking proactive measures, approaching rather than avoiding situations, getting a head start on the day, and tackling the difficult task first. By taking the offensive, you are shaping your life rather than letting it happen to you. Compared to playing defense, it is considerably more intriguing and gratifying.
The offensive conduct is the primary focus of a public order felony charge. While public order offenses generally follow a similar pattern across all states, certain local governments may have extra or different laws.
Such actions are viewed as crimes not because an obvious offender and victim can be identified, but rather because the larger community, or at least a vocal and influential portion of it, feels offended and hence victimized by such actions. Public order offenses have different legal standing in different jurisdictions.
Therefore, Thus option (A) is correct.
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for audits of financial statements made in accordance with generally accepted auditing standards the use of analytical procedures is required to some extent.
a. As a substantive test: yes; in the final review stage: yes
b. As a substantive test: yes; in the final review stage: no
c. As a substantive test: no; in the final review stage: yes
d. As a substantive test: no; in the final review stage: no
Answers
The correct answer is (a) As a substantive test: yes; in the final review stage: yes.
Analytical procedures are an important component of the audit process and are required to some extent for audits of financial statements conducted in accordance with generally accepted auditing standards (GAAS).
Analytical procedures involve evaluating financial information through analysis and comparison of relationships and trends. They help auditors identify unusual or unexpected fluctuations, potential errors, or inconsistencies that may indicate material misstatements in the financial statements.
Analytical procedures are used in two different stages of the audit process:
1. As a substantive test: During the substantive testing phase, analytical procedures are performed to obtain substantive evidence regarding specific assertions made in the financial statements. Auditors use analytical procedures to assess the reasonableness of financial statement balances or transactions and to identify potential areas of risk that require further investigation. This helps in determining the nature, timing, and extent of substantive testing procedures to be performed.
2. In the final review stage: Even after completing the substantive testing phase, auditors perform analytical procedures as part of the final review stage. This is done to gain an overall understanding of the financial statements, assess the overall reasonableness and consistency of financial results, and detect any potential material misstatements that may have been missed during the substantive testing phase. The final review stage allows auditors to consider the financial statements as a whole and provide an independent opinion on their fairness and compliance with applicable accounting standards.
Therefore, analytical procedures are used both as a substantive test and in the final review stage of the audit process, making option (a) the correct answer.
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At a perfectly competitive firm's current output level average total cost is $15 average variable cost is $10 and marginal cost is eight dollars and decreasing.If the product price is 15 what should this firm do to maximize profits?
Answers
To maximize profits, a perfectly competitive firm should adjust its output level until marginal cost (MC) equals the product price (P). In this case, the marginal cost is given as $8 and the product price is $15.
Since the marginal cost is less than the product price, the firm should continue to increase its output to take advantage of the positive profit margin. As long as producing additional units generates revenue greater than the cost of producing them, the firm can increase its profit.
To maximize profits, the firm should keep expanding its output level until the point where marginal cost equals the product price ($8 = $15). At this equilibrium point, the firm achieves the optimal balance between cost and revenue.
It's important to note that the given information doesn't provide details about the firm's demand curve or total revenue, which could impact the precise level of output that maximizes profits. However, based on the given conditions, the firm should continue producing more units as long as marginal cost is below the product price to maximize its profits.
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What is the informal economy? how many people in the world's economy work in "system d"? what are some of the advantages of the informal economy? what are some of the disadvantages of the informal economy? does the united states have an informal economy? why or why not?
Answers
Answer:
Depending where you look for information, informal economy can cover a lot of different jobs and industries. The informal economy doesn't pay taxes and it is excluded in the gross domestic product. Some organizations include other industries under the informal economy, specially those that are not regulated or adequately controlled by the government. This includes many people who are self-employed or even employees that perform unprotected jobs. E.g. companies that hire poor or illegal immigrant workers and pay them on a daily basis.
According to the International Labor Organization, more than 61% of the world's population works under informal economies.
Some advantages of informal economies are:
higher income resulting from not paying taxes (even on a personal level, if you are able to work and earn a living but do not pay taxes, your personal net income will be higher than if you actually paid taxes). a lot of people are part of it, that means large scale employment.Informal economies tend to have serious disadvantages because the most powerful tend to abuse form the least powerful:
child labor or even forced labor unprotected jobs, e.g. no social security, no health care benefits, no safety at work, etc.Approximately 11-12% of the US economy is considered informal, and that represents almost $2.5 trillion per year. Some normal activities are included in the informal economy although we never think about them as being out of the system, e.g. babysitting, landscaping and cleaning services, etc. Other informal activities are more obvious, e.g. prostitution, drug dealing, theft, etc.
what was the objective of the 1933 securities act? multiple choice it set forth accounting and disclosure requirements for initial offerings of securities. it provided for the regulation of auditors and the types of services they furnish to clients. it paved the way for the creation of the public company accounting oversight board. it created a government agency, the securities and exchange commission (sec).
Answers
The objective of the 1933 securities act was to set forth accounting and disclosure requirements for initial offerings of securities, provided for the regulation of auditors and the types of services they furnish to clients, and created a government agency, the Securities and Exchange Commission (SEC).
What was 1933 Securities Act Objective?The 1929 stock market crash and the subsequent Great Depression prompted the 1933 Securities Act, sometimes referred to as the Securities Exchange Act. Its primary goal was to improve the securities market's transparency and disclosure in order to safeguard investors against fraud and manipulation. The Securities and Exchange Commission (SEC) was created under the Act to carry out its mandate and oversee the securities industry. Additionally, it mandated that businesses give investors comprehensive information about their financial situation and activities in addition to registering their securities with the SEC prior to issuing them to the general public. It also controlled the operations of securities professionals like brokers and investment advisers and created accounting and auditing standards for publicly traded corporations.
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What is the purpose of Social Security?
OA. To provide retired people with income so they do not have to work
anymore
B. To give retired people an income so younger people can have their
jobs
OC. To be the main source of income after retirement
D. To provide supplemental income for retired or disabled people
SUBMIT
Answers
Answer:
D. To provide supplemental income for retired or disabled people.
Explanation:
Mineral-rich Democratic Republic of the Congo is one of the world's most important sources of uranium. It also is a source of copper, tin, diamonds (mainly industrial), gold, cobalt, and zinc. Agricultural products include palm oil and kernels, cottonseed, rubber, cotton, coffee, peanuts, sweet potatoes and yams, and cassava. How many cotton products does Democratic Republic of the Congo produce
Answers
Answer: Two
Explanation:
According to the paragraph above, the DRC produces both cotton and cottonseed. Both of these are cotton products. First the cotton that surrounds the seed is removed by the process of ginning and then processed for clothing.
Then the cottonseed can also be processed to extract the oil contained in it. This oil can be used to make candles, cosmetics and insecticide. After the oil is extracted, the seed can then be used to feed livestock.
Your promotional budget for this year is $200 for personal selling, $400 for sales promotion, $1000 for advertising, and
S700 for image promotion. What is your total promotion budget for this year
Answers
Answer:
$2300
Explanation:
The total promotion budget will be
Personal selling + sales promotion + advertising + image promotion
=$200 + $400 +$1000+$700
=$2300
Hannah Ortega is considering expanding her business. She plans to hire a salesperson to cover trade shows. Because of compensation, travel expenses, and booth rental, fixed costs for a trade show are expected to be $15,990. The booth will be open 39 hours during the trade show. Ms. Ortega also plans to add a new product line, ProOffice, which will cost $184 per package. She will continue to sell the existing product, EZRecords, which costs $105 per package. Ms. Garcia believes that the salesperson will spend approximately 29 hours selling EZRecords and 10 hours marketing ProOffice. Required Determine the estimated total cost and cost per unit of each product, assuming that the salesperson is able to sell 76 units of EZRecords and 53 units of ProOffice. Determine the estimated total cost and cost per unit of each product, assuming that the salesperson is able to sell 200 units of EZRecords and 99 units of ProOffice.
Answers
Answer and Explanation:
The computation of the estimated total cost & the cost per unit is given below:
For 76 units & 52 units
For EZRecords
Total cost = Fixed cost + variable cost
where
Fixed cost = $15,990 × 29 hours ÷ 39 hours
= $11,890
And, the variable cost is
= 76 units × $105
= $7,980
So, the total cost is
= $11,890 + $7,980
= $19,870
And, the cost per unit is
= $19,870 ÷ 76 units
= $261.45
For Pro office
Total cost = Fixed cost + variable cost
where
Fixed cost = $15,990 × 10 hours ÷ 39 hours
= $4,100
And, the variable cost is
= 53 units × $184
= $9,752
So, the total cost is
= $4,100 + $9,752
= $13,852
And, the cost per unit is
= $13,850 ÷ 53 units
= $261.35
For 200 units & 99 units
For EZRecords
Total cost = Fixed cost + variable cost
where
Fixed cost = $15,990 × 29 hours ÷ 39 hours
= $11,890
And, the variable cost is
= 200 units × $105
= $21,000
So, the total cost is
= $11,890 + $21,000
= $31,890
And, the cost per unit is
= $31,890 ÷ 200 units
= $159.45
For Pro office
Total cost = Fixed cost + variable cost
where
Fixed cost = $15,990 × 10 hours ÷ 39 hours
= $4,100
And, the variable cost is
= 99 units × $184
= $18,216
So, the total cost is
= $4,100 + $18,216
= $22,316
And, the cost per unit is
= $22,316 ÷ 99 units
= $225.41
What is the importance of Source document??
Answers
Answer:
The source document is essential to the bookkeeping and accounting process as it provides evidence that a financial transaction has occurred. During an accounting or tax audit, source documents back up the accounting journals and general ledger as an indisputable transaction trail.
Explanation:
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