The text defines management as “The art of getting things done through the efforts of other people.” Put yourself in the shoes of a manager and explain what this definition means in the context of a company operation. You can use the example of any company (large or small) and any good or service.

Answers

Answer 1

The correct answer to this open question is the following.

Although you did not attach the text, we can comment on the quote.

"The art of getting things done through the efforts of other people.”

This quote means that good managers motivate and positively influence employees to get the job done. Managers coordinate and monitor the work of the employees. Managers first plan, then establish the goals to be accomplished and then direct the work effort to be productive.

If I were a manager of a company, I definitely try to emulate what the quote says. For instance, the manager of a recreational and sports club. I would do everything to establish clear, specific, and attainable goals so my employees could understand them. Then I describe the role and responsibilities of each employee so they can do their job without any doubts. And of course, I would delegate so they can do their jobs happily. No unnescesary intromissions. The objective would be to offer the best service possible to our clients.


Related Questions

The following units of an item were available for sale during the year:

Beginning inventory 30 units at $40
Sale 26 units at $58
First purchase 15 units at $41
Sale 11 units at $58
Second purchase 10 units at $42
Sale 9 units at $58

The firm uses the perpetual inventory system, and there are 9 units of the item on hand at the end of the year.

a. What is the total cost of the ending inventory according to FIFO?
b. What is the total cost of the ending inventory according to LIFO?

Answers

Best answer


a firm has beginning inventory of 300 units at a cost of 11 each. production during the period was 650 units at 12 each. if sales were 700 units what is the cost of goods sold (assume FIFO)

So sánh xuất khẩu trực tiếp và xuất khẩu gián tiếp?

Answers

Answer:

so sánh  về  mặt ưu và nhược :

Explanation:

* Ưu điểm

- Xuất khẩu trực tiếp: Thông qua việc đàm phán, trao đổi trực tiếp với các đơn vị mà đôi bên có thể dễ dàng đi đến thống nhất chung, ít xảy ra các hiểu lầm, do đó mà:

·        Tăng lợi nhuận và doanh thu cho doanh nghiệp vì giảm thiểu được chi phí tối đa cho các bên trung gian.

·        Tạo điều kiện phát huy tính độc lập của doanh nghiệp

·        Chủ động, tích cực trong việc tiêu thụ hàng hóa, sản phẩm do chính doanh nghiệp sản xuất ra.

- Xuất khẩu gián tiếp:

·        Đơn vị đứng ra nhận ủy thác thực hiện nhiệm vụ xuất khẩu hàng hóa là nhưng người hiểu rõ và nắm chắc tình hình thị trường, các thủ tục pháp luật, do đó việc buôn bán được đẩy mạnh hơn, phát triển nhanh hơn.

·        Đơn vị nhận ủy thác không cần bỏ vốn vào kinh doanh nhưng vẫn có được một khoản doanh thu đáng kể.

* Nhược điểm:

- Xuất khẩu trực tiếp:

·        Chi phí thực hiện cho việc giao dịch khá cao bởi vậy khối lượng hàng hóa xuất khẩu cũng phải lớn bù đắp các chi phí.

·        Dễ xảy ra rủi ro bởi nếu đội ngũ nhân viên không đủ trình độ và kinh nghiệm xử lý công việc, thực hiện các thủ tục hợp đồng sẽ có thể mắc phải các sai lầm đáng tiếc.

- Xuất khẩu gián tiếp:

·        Đơn vị xuất nhập khẩu có thể mất đi sự liên kết với thị trường do phải đáp ứng các chính sách, yêu cầu của đơn vị trung gian.

·        Lợi nhuận không trọn gói và phải sẻ chia cho đơn vị trung gian.

Birmingham Bolt, Inc., has been approached by one of its customers about producing 800,000 special-purpose parts for a new home product. The customer wants 100,000 parts per year for eight years. To provide these parts, Birmingham would need to acquire a $500,000 new production machine. The new machine would have no salvage value at the end of its eight-year life. The customer has offered to pay Birmingham $7.50 per unit for the parts. Birmingham’s managers have estimated that, in addition to the new machine, the company would incur the following costs to produce each part:

Direct labor $2.00
Direct material $2.50
Variable 2.00
Total $6.50

In addition, annual fixed out-of-pocket costs related to the production of these parts would be $20,000.

a. Compute the net present value of the machine investment, assuming that the company uses a discount rate of 9 percent to evaluate capital projects.
b. Based on the NPV computed in (a), is the machine a worthwhile investment? Explain.
c. In addition to the NPV, what other factors should Birmingham’s managers consider when making the investment decision?

Answers

Answer:

Birmingham Bolt, Inc.

a. The net present value of the machine investment = ($57,214.47).

b. Based on the computed NPV in (a), the machine is not a worthwhile investment.  Birmingham will lose $57,214.47 from the investment.

c. In addition to the NPV, the other factors that Birmingham’s managers  should consider when making the investment decision are:

1. the probability of reducing the variable costs per unit of production by achieving productivity efficiencies.

2. whether the price could be reviewed upward with the customer.

3. whether there will be increased demand for the product in the future.

Explanation:

a) Data and Calculations:

Special-purpose parts for a new home product = 800,000 parts

Annual requirement of the parts = 100,000

Period of contract = 8 years

Discount rate = 9%

Initial investment in production machine = $500,000

Price offer per part = $7.50

Annual sales revenue from parts = $750,000

Variable costs;

Direct labor      $2.00

Direct material $2.50

Variable           $2.00

Total                $6.50                     $650,000

Contribution margin                      $100,000

Annual fixed costs                          $20,000

Annual net cash inflow                  $80,000

PV of annual cash inflows = $442,785.53

NPV = ($57,214.47) ($442,785.53 - $500,000)

N (# of periods)  8

I/Y (Interest per year)  9

PMT (Periodic Payment)  80000

FV (Future Value)  0

Results

PV = $442,785.53

Sum of all periodic payments = $640,000.00

Total Interest = $197,214.47

Young Corporation is considering purchasing equipment that costs $80,000 and is expected to provide the following cash inflows over its five-year useful life: Year Cash inflow 1 $ 18,000 2 22,000 3 24,000 4 16,000 5 9,000 What is the payback period of this investment project

Answers

Answer:

It will take 4 years to cover the initial investment.

Explanation:

Giving the following information:

Initial investment= $80,000

Cash flows:

1 $ 18,000

2 22,000

3 24,000

4 16,000

5 9,000

The payback period is the time required to cover the initial investment:

Year 1= 18,000 - 80,000= -62,000

Year 2= 22,000 - 62,000= -40,000

Year 3= 24,000 - 40,000= -16,000

Year 4= 16,000 - 16,000= 0

It will take 4 years to cover the initial investment.

Economists look at any situation in terms of its component parts: the people making decisions, the environment in which they're making those decisions, and the goods or services being exchanged. For example, think about doing your laundry. Which of the following laundry-related items are nondurable goods?

a. A washing machine
b. Having a pair of pants dry-cleaned
c. A T-shirt
d. A clothes dryer

Answers

the correct answer is b

Select all statements that correctly describe business rules.
A. Some business rules allow the designer to understand the nature, role, and scope of the data.
B. Business rules define all applicable database constraints, no matter how detailed the constraint is.
C. Some business rules act as a communications tool between users and designers.
D. Some business rules help standardize an organization's view of data.
E. Business rules are by definition valid for all data for all time, so they are well suited for database design.

Answers

Answer:

The correct options are  A, C, and D.

Explanation:

Business rules are helpful to all types of organizations, as they classify an organization's objective, they are a guide that specifies the running of business everyday activities as they clearly show every detail. Business rules provide the best approach to business operations. Business rules allow the designer to know the scope of the data, as the designer would get to know the data stored in the database. From the question above, It is also true that some business rules act as a communications tool between users and designers, as the users get to have an understanding of what is needed, and the designers would also get to know their own role. Business rules must be simplified for everyone in an organization so the rules could be interpreted by everyone, and be followed too.

Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.4 million are working part-time and 13.19 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 3.40 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, and the remaining 12.33 million who do not have jobs have not looked for work in the past six weeks. Round your answers to two decimal places. What is the size of the total labor force

Answers

Answer: 22.71 million

Explanation:

The labor force refers to both the employed and unemployed populations of a country. In other words it comprises of those who are working and those who are not working but are able to and are currently seeking employment.

Labor force = Unemployed + Employed

= 3.4 + 1.72 + 4.4 + 13.19

= 22.71 million

Those who have not looked for work in sex weeks and above are not considered unemployed.

Part time employees are considered employed.

Holtzman Clothiers's stock currently sells for $38 a share. It just paid a dividend of $1.5 a share (i.e., D0 = $1.5). The dividend is expected to grow at a constant rate of 4% a year.

Required:
a. What stock price is expected 1 year from now?
b. What is the required rate of return?

Answers

Answer:

b 6.87%

a 56.53

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid

r = cost of equity

g = growth rate

38 = (1.5 x 1.04) / (r - 0.04)

38 (r - 0.04) = 1.092

r - 0,04 = 0.0287

r = 6.87%

1.5 x (1.04^2) / 6.87 - 4 = 56.53

Kahil Mfg. makes skateboards and uses a weighted average process costing system. On May 1, 2013, the company had 400 boards in process that were 70 percent complete as to material and 85 percent complete as to conversion. During the month, 3,800 additional boards were started, and 300 boards were still in process (40 percent complete as to material and 60 percent complete as to conversion) at the end of May. Cost information for May 2013 is as follows:
Beginning WIP Inventory costs
Direct material ........ $ 4,349
Conversion .......... 4,658
Current period costs
Direct material ........ 60,775
Conversion .......... 46,750
a. Calculate EUP for each cost component using the weighted average method.
b. Calculate cost per EUP for each cost component.

Answers

Answer:

Equivalent Units     Materials        1700       Conversion  2630

Cost per EUP Materials:  38.308     Conversion : 19.55

Explanation:

The weighted average method can be calculated using the beginning inventory and the units started .

 

Kahil Mfg

Weighted Average Method

Particulars        Units          % Of Completion             Equivalent Units

                                        Materials    Conversion  Materials    Conversion

Beginning

Inventory     400                70                 85             280               350

Units Started  3800          40                  60            1520             2280        

Equivalent Units                                                        1700              2630

Beginning WIP Inventory costs

                                               Direct material             Conversion  

                                                     $ 4,349                        4,658

Current period costs

                                                       60,775                        46,750        

Total Costs                                 65,124                          51,408            

Cost per EUP

                                               65,124/1700              51,408/2630

                                                 38.308                      19.55

The technique for linking a manufacturer's operations with those of all its strategic suppliers and its key intermediaries and customers to enhance efficiency and effectiveness is

Answers

Supply chain management

At the start of the current year, Minuteman Corporation had a credit balance in the Allowance for Doubtful Accounts of $1,800. During the year a monthly provision of 2% of sales was made for uncollectible accounts. Sales for the year were $600,000, and $5,600 of accounts receivable were written off as worthless. No recoveries of accounts previously written off were made during the year. What is the ending normal balance of t

Answers

Answer:

$8,200

Explanation:

Missing word "What is the ending normal balance of the Allowance account at year-end?"

Particulars                                            Amount

Opening balance                                 $1,800

Add: Monthly provision                       $12,000  (2%*$600,000)

Less: Bad debt                                     $5,600

Ending balance of allowance            $8,200

If interest rates on the euro are consistently below U.S. dollar interest rates, then for the International Fisher Equation (IFE) to hold between the US and the Eurozone:_________
a) The nominal exchange rate for the euro will remain constant.
b) The euro will depreciate against the dollar The euro will appreciate against the dollar.
c) Purchasing power parity must hold between the dollar and the euro.
d) The euro will remain constant with respect to the dollar.

Answers

Answer:

The euro will appreciate against the dollar.

Explanation:

Since in the given situation it is mentioned that the rate of interest is consistently less than the interest rate of US so here in the IFE, the euro normally appreciated or increased as against the dollar

So as per the given option, the above should be the answer and the same should be relevant

Therefore the rest of the options are considered to be wrong

Prosecutors representing the Securities and Exchange Commission recentlyannounced criminal charges against 13 individuals for engaging in insidertrading. According to the SECs director of enforcement, a trading ring acting on inside information compromises the marketsintegrity and investorstrust. . . . Explain why.

Answers

Answer and Explanation:

Insider trading compromises the integrity of the market because insider investors have non-public information about the stocks of the company that could very much impact the value of the stock of the company. In other words, an insider knows what the public doesn't know about a company and it allows him an unfair advantage to trade the stocks of the company using this information and make large unusual profit. This could lead to market collapse as investors are no longer encouraged to invest seeing that they can't trust that the market is transparent and trustworthy(they don't have all the important information that would affect the company)

Lumberton Home Maintenance Company (LHMC) earned operating income of $6,000,000 on operating assets of $62,500,000 during Year 2. The Tree Cutting Division earned $1,000,000 on operating assets of $10,000,000. LHMC has offered the Tree Cutting Division $1,250,000 of additional operating assets. The manager of the Tree Cutting Division believes he could use the additional assets to generate operating income amounting to $112,500. LHMC has a desired return on investment (ROI) of 8 percent.

Required
a. Calculate the return on investment for LHMC, the Tree Cutting Division, and the additional investment opportunity.
b. Calculate the residual income for LHMC, the Tree Cutting Division, and the additional investment opportunity

Answers

Answer:

Lumberton Home Maintenance Company (LHMC)

                                           LHMC         Tree Cutting        Additional

                                                                   Division         Investment

a. Return on Investment    9.6%                10%                     9%

b. Residual income      $1,000,000        $200,000            $12,500

Explanation:

a) Data and Calculations:

                                           LHMC         Tree Cutting        Additional

                                                                   Division         Investment

Operating income       $6,000,000      $1,000,000           $112,500

Operating assets      $62,500,000    $10,000,000      $1,250,000

a. Return on Investment    9.6%                10%                     9%

b. Residual income      $1,000,000        $200,000            $12,500

Return on investment = Operating income/Operating assets * 100

Residual income = Operating income Minus (Desired ROI * Operating assets)

Desired Return on Investment (ROI) = 8%

LinkedIn Prospecting?

Answers

Answer:

Sales prospecting is what it sounds like: Sifting through a mountain of businesses and individuals to uncover the prospects who are most likely to convert into paying customers with a little effort, like a miner panning for gold. Like prospecting for gold, it takes a lot of time.

#CarryOnLearning

Answer:

For most B2B marketers, social selling on LinkedIn is a way of life. When it comes to generating leads, LinkedIn tops the B2B marketer’s best friends list for social prospecting and running outreach campaigns. This is what LinkedIn automation tools have been designed for – to perform all these actions automatically and ramp up your lead generation efforts.

What is the sales prospecting?  

Prospecting on LinkedIn is simply equivalent to cold outreach practices. Most commonly, LinkedIn sales prospecting includes:

Using advanced filters to find a targeted audience Powerful social selling campaigns Sending highly-personalized connect requests Sending personalized messages and InMail Joining relevant LinkedIn groups Using LinkedIn automation tools for outreach LinkedIn prospecting can be extremely powerful to generate new business opportunities for you if done right.  

LinkedIn Automation Tools For Prospecting

When it comes down to effective prospecting to generate leads, most of the B2B marketers and other professionals use prefer to use automation tools. Advanced automation tools come with powerful features that perform all the functions mentioned above.  

1. 48% of B2B marketers acknowledged that automation tools are effective for prospecting  

2. More than 80% of the startups and small companies are using automation tools for prospecting  

3. Business that use advanced automation told for prospecting has seen significant growth of 12% in the sales pipeline.

Best Tips for LinkedIn Sales Prospecting

Find the right prospects to connect withUse personalizationTry using sales navigatorKeep Your pending requests list clearUse only the right LinkedIn automation tools

At December 31, 2017, Riverbed Corporation reported the following plant assets.

Land $5,613,000
Buildings $26,640,000
Less: Accumulated depreciationâbuildings 22,311,675 4,328,325
Equipment 74,840,000
Less: Accumulated depreciationâequipment 9,355,000 65,485,000
Total plant assets $75,426,325

During 2018, the following selected cash transactions occurred.
Apr. 1 Purchased land for $4,116,200.
May 1 Sold equipment that cost $1,122,600 when purchased on January 1, 2011. The equipment was sold for $318,070.
June 1 Sold land for $2,993,600. The land cost $1,871,000.
July 1 Purchased equipment for $2,058,100.
Dec. 31 Retired equipment that cost $1,309,700 when purchased on December 31, 2008. No salvage value was received.

Required:
Journalize the transactions.

Answers

Solution :

1.    Journal voucher

                                            Journal Entries

Date        Accounts title                       Debit                    Credit

June 1     Cash                                 $ 2,993,600

               Gain on sale of land                                   $ 1,122,600

                Land                                                            $ 1,871,000

                           (Being land sold)

2. Partial Balance sheet

                    Riverbed Corporation

                   Partial Balance sheet

                       December 31, 2008

Plant Assets                                                                  

Land                                                                                           $ 7,858,200

Building                                                         $ 26,640,000

(-) Accumulated Depreciation-building       $ 74,465,800     $ 3,662,625

  Equipment                                                  $ 74,465,800

(-) Accumulated Depreciation-equipment   $ (14,734,125)    $ 59,731,675

Total Plant Assets                                                                    $ 71,252,200

8. It is 1985 and suppose the 90 day forward quotes on the DM and the French franc are $.4002 10 and $.1180 90, respectively

Answers

Answer:

ooooooooooooooooooooo

A Loan is an Unlimited Resource

Answers

Answer:

No

Explanation:

A loan has a limit and you will have to pay it back.

Francisco leased equipment from Julio on December 31, 2021. The lease is a 10-year lease with annual payments of $159,000 due on December 31 of each year beginning December 31, 2021. The present value of the lease payments is $1,006,192. Francisco's incremental borrowing rate is 14% for this type of lease. The implicit rate of 12% is known by the lessee. What should be the balance in Francisco lease liability at December 31, 2022

Answers

Answer: $789855

Explanation:

Initial liability = $1,006,192

Less: Payment = $159,000

Liability = $847192

× Implicit rate 12%

Interest = 12% × $847192 = $101663

Then, reduced balance will be:

= Payment - Interest

= $159,000 - $101663

= $57337

Therefore, Francisco lease liability at December 31, 2022 will be:

= $847192 - $57337

= $789855

People use money as a store of value when they: A. hold money to transfer purchasing power into the future. B. use money as a measure of economic transactions. C. use money to buy goods and services. D. hold money to gain power and esteem.

Answers

Answer:

A. hold money to transfer purchasing power into the future.

Explanation:

People use money as a store of value when they hold money to transfer purchasing power into the future.

theo anh chị quan điểm về bán hàng hiện nay và trước kia khác nhau như thế nào

Answers

Explanation:

Trả lời ngắn gọn thôi nhe ^^

Bán hàng trước kia (mình đang chọn thời điểm trước khi có công nghệ, trước khi có mạng internet nha) thì sẽ bị hạn chế rất nhiều (thời gian, giao tiếp, v.v) so với bán hàng thời điểm hiện tại (Dẫn chứng: hiện tại có thể giao bán rất đơn giản qua việc livestream và ship trong khi trước kia thì việc giao bán hàng rất khó khăn..)

Thời điểm hiện tại có rất nhiều "cách" bán hàng khác nhau so với trước kia: đa cấp, online, ...

Bạn có thể tham khảo các trang khác nữa nhưng brainly ko cho mk đưa web lên mk rất xin lỗi ;-;

(Bạn có thể tra "kinh doanh hiện đại khác trước kia như thế nào" hoặc "bán hàng hiện nay và trước kia khác nhau như thế nào" thì sẽ nhận được khá nhiều trang hữu dụng nha)

<3 Chúc bạn có 1 ngày tốt lành nha!!

Transactions for Jayne Company for the month of June are presented below.

June 1 Issues common stock to investors in exchange for $5,000 cash.
2 Buys equipment on account for $1,100.
3 Pays $740 to landlord for June rent.
12 Sends Wil Wheaton a bill for $700 after completing welding work.

Requied:
Record journal entries.

Answers

Answer:

below

Explanation:

On March 1, a designer received a check for $7,500 from a customer for services to be provided after the customer chooses a color scheme for the first floor of her house. On July 31, the designer completed the design work for this customer.

Required:
Journalize the entries.

Answers

Answer:

Date                   Account Title                                          Debit               Credit

March 1             Cash                                                      $7,500

                          Unearned Revenue                                                       $7,500

Date                   Account Title                                          Debit               Credit

July 31                Unearned Revenue                              $7,500

                           Design Services Revenue                                          $7,500

In March the revenue had not been earned as the work had not been carried out so the revenue will be sent to the Unearned revenue account.

When the designer finishes in July, they can now recognize the revenue so it will be moved from the Unearned revenue account to the proper revenue account.

On January 1, 20X8, Glen Allen Company issued $200,000 in term bonds with a 5-year term. The stated rate of interest was 6% and the effective rate of interest was 7%. What is the amount of interest expense to be recorded on December 31, 20X8?

Answers

Answer:

The answer is $13,425.97

Explanation:

The answer is $13,425.97

Using Financial calculator (TEXAS BA II PLUS)

N = 5 years

i = 7 percent

FV = $200,000

PMT = $12,000

PV = $191,799.61

Therefore interest expense is $191,799.61 x 7%

= $13,425.97

How you can convince your colleagues that introducing the new soft drink is the most profitable strategy by explaining the reasoning and theoretical analysis?

Answers

The question is incomplete. The complete question is :

Coca-Cola and PepsiCo are the leading competitors in the market for cola products. In 1960 Coca-Cola introduced Sprite, which today is the worldwide leader in the lemon-lime soft drink market and ranks fourth among all soft drinks worldwide. Prior to 1999, PepsiCo did not have a product that competed directly against Sprite and had to decide whether to introduce such a soft drink. By not introducing a lemon-lime drink, PepsiCo would continue to earn a $200 million profit and Coca Cola would continue to earn a $300 million profit.

Suppose that by introducing a new lemon-line soft drink, one of two possible strategies could be pursued : (1) PepsiCo could trigger a price war with Coca-Cola in both lemon-lime and cola markets or (2) Coca-Cola could acquiesce and each firm maintains its current 50/50 split of the cola market and split the lemon-lime market 70/30 in favor of Coca-Cola. If Pepsi introduced a lemon-lime drink and a price war resulted, both companies would earn profits of $100 million. Alternatively, Coca-Cola and PepsiCo would earn $275 million and $227 million, respectively, if PepsiCo introduce a lemon-lime drink and Coca-Cola acquiesced and split the markets as listed above.

Diagram this situation using the extensive or tree-form of a game.

How you can convince your colleagues that introducing the new soft drink is the most profitable strategy by explaining the reasoning and theoretical analysis?

Solution :

The game can be represented in a way that is shown in the file attached below.

The [tex]\text{best response of Coca-Cola}[/tex] if Pepsi introduces the new product is [tex]\text{to acquiesce}[/tex] to earn [tex]\$275[/tex] million rather than starting a price war with Coca-Cola and earn only [tex]\$100[/tex]. Thus, while [tex]\text{Coca-Cola}[/tex] might use the strategy to threaten by starting a price war in the attempt of keeping out of the market, the threat will not be credible, so the best option is to introduce the new soft drink .

The June 30, 2021, year-end trial balance for Askew company contained the following information:

Account Debit Credit
Inventory, 7/1/2020 32,400
Sales revenue 390,000
Sales returns 13,000
Purchases 250,000
Purchase discounts 7,000
Purchase returns 11,000
Freight—in 19,000

In addition, you determine that the June 30, 2021, inventory balance is $41,000.
Required:
Calculate the cost of goods sold for the Askew Company for the year ending June 30, 2021.

Answers

Answer: $242,400

Explanation:

The Costs of goods sold can be calculated as follows:

= Beginning inventory + Net Purchases + Freight-in - Ending inventory

= Beginning  inventory + (Purchases - Purchase discounts - Purchases returns) + Freight-in - Ending inventory

= 32,400 + (250,000 - 7,000 - 11,000) + 19,000 - 41,000

= $242,400

how van an oligopoly cause market failure (8)​

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

An oligopoly can cause market failure because companies that form the oligopoly do not allow other companies to enter and compete in the market. This action limits consumers to choose from a variety of options, including quality, the best price, and service.

Often, oligopoly associates the strongest or more powerful companies in order to wipe out other minor competitors. They want to establish a dominant presence that affects prices and consumers participation.

Oligopoly practices result in inefficiency and instability in the market. That is why oligopolies are not good for the economy.

The automobile industry is mostly associated with an oligopoly.

When a market is controlled by just a few numbers of companies, but none of them is above the others, we are talking about an oligopoly. They can collude intentionally or not, to establish prizes and to not let other companies compete with them.

Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the cutting edges of bulldozer blades to replacement parts for Land Rovers. The company uses an activity-based costing system for internal decision-making purposes. The company has four activity cost pools as listed below: Activity Cost Pool Activity Measure Activity Rate Order size Number of direct labor-hours $ 16.40 per direct labor-hour Customer orders Number of customer orders $ 363.00 per customer order Product testing Number of testing hours $ 71.00 per testing hour Selling Number of sales calls $ 1,488.00 per sales call The managing director of the company would like information concerning the cost of a recently completed order for heavy-duty trailer axles. The order required 180 direct labor-hours, 13 hours of product testing, and 6 sales calls.Required: Prepare a report summarizing the overhead costs assigned to the order for heavy-duty trailer axles. What is the total overhead cost assigned to the order?

Answers

Answer:

Total allocated costs= $13,266

Explanation:

To calculate the costs allocated to the order, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Order size= 16.40*180= 2,952

Customer orders= 363*1= 363

Product testing= 71*13= 923

Selling= 1,488*6= 8,928

Total allocated costs= $13,266

Phân biệt triết lý bán hàng và triết lý Marketing

Answers

Answer:

I don't understand the language

Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $18,600. Budgeted cash receipts total $186,000 and budgeted cash disbursements total $189,200. The desired ending cash balance is $30,600. To attain its desired ending cash balance for January, the company should borrow:

Answers

Answer:

Company should borrow = $15200

Explanation:

Below is the calculation for the borrowing amount:

Cash balance at the beginning = $18600

Add - Cash receipts = 186000

Less- Cash disbursements = (189200)

Budgeted cash balance = 18600 + 186000 - 189200 = 15400

Borrowing will be = Ending cash - 15400

Borrowing will be = 30600 - 15400

Borrowing will be = $15200

Company should borrow = $15200

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