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2 years ago

What are the three most prominent factors that contribute to building confidence?

Business

2 answers:

MaRussiya [10]2 years ago

7 0

Answer:locus of control,belonging and acceptance, and competence.

Explanation:locus of control refers to person's perception of control he/she has over their life or actions.To realize that their actions has consequences which could result to success or fail in their life.A person locus of control is important when it comes to building self esteem because it helps to define how we feel and see our self.

BELONGING AND ACCEPTANCE :Belonging and acceptance is important in building self esteem because it validates who we are and what we do.If we are accepted by peers and belongs to groups we we are accepted our self esteem rises.

COMPETENCE :Competence is self efficiency,it is how good we think we are at things we do. We gain a sense of competence from achievements and praises.

Lera25 [3.4K]2 years ago

4 0

Answer:

1) Society

2) Relationships

3) Spirituality

Explanation:

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Leelanau Corporation uses a job-order costing system. The following data are for last year: Work in process beginning balance $

ratelena [41]

Answer:

The correct answer is $138,500.

Explanation:

According to the scenario, the given data are as follows:

WIP beginning = $10,500

WIP ending = $19,000

Cost of goods manufactured = $323,000

Direct material = $115,000

Direct labor = $78,000

So, we can calculate the amount of overhead by using following formula:

Overheads = Total manufacturing costs - Direct materials - Direct labor

Where, Total manufacturing cost = Cost of goods manufactured + Ending WIP - Beginning WIP

= $323,000 + $19,000 - $10,500

= $331,500

So, by putting the value in the formula:

Overheads = $331,500 - $115,000 - $78,000

= $138,500

Hence, the amount of overhead is $138,500.

3 0

2 years ago

The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______

Alex_Xolod [135]

Answer:

Direct labor

Explanation:

The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.

Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

7 0

2 years ago

Tri-products is trying to decide whether to make or buy an accessory item for one of their products. It is projected that this i

Novosadov [1.4K]

Answer:

The best choice is process A since it has the highest EMV of $330000

Explanation:

there is a 50% chance that they will sell 50,000 units, and a 50% chance that they will sell 100,000 units

The decision tree is attached below, the calculations for the decision tree is given as:

The item sells for $10. Process A requires an investment of $120,000 for design and equipment, but results in a $4 per unit cost.

If there is high demand, they will sell 100,000 units, The profit = 100000($10-$4) - $120000 = $480000.

If there is low demand, they will sell 50,000 units, The profit = 50000($10-$4) - $120000 = $180000.

The EMV of process A = 0.5($480000) + 0.5($180000) = $330000

Process B requires only a $100,000 investment, but its per unit cost is $5

If there is high demand, they will sell 100,000 units, The profit = 100000($10-$5) - $100000 = $400000.

If there is low demand, they will sell 50,000 units, The profit = 50000($10-$5) - $100000 = $150000.

The EMV of process B = 0.5($400000) + 0.5($150000) = $275000

If the item is outsourced, there is virtually no cost other than the $6 per unit that they would pay their supplier

If there is high demand, they will sell 100,000 units, The profit = 100000($10-$6) = $400000.

If there is low demand, they will sell 50,000 units, The profit = 50000($10-$6) = $200000.

The EMV of Buying = 0.5($400000) + 0.5($200000) = $300000

The best choice is process A since it has the highest EMV

7 0

2 years ago

Shelhorse Corporation produces and sells a single product. Data concerning that product appear below:

zloy xaker [14]

Answer:

See explanation section.

Explanation:

Requirement 1

At first we have to find the original net income.

Shelhorse Corporation

Contribution format income statement

For the year ended, December 31, 20YY

Sales Revenue (6,100 × $260) = $1,586,000

Less: Variable expense (6,100 × $91) = $555,100

Contribution Margin = $1,030,900

Less: Fixed Expense $366,000

Net Operating Income = $664,900

Requirement 2

As the marketing manager believes that a $23,000 increase in the monthly advertising budget would result in a 150 unit increase in monthly sales, the new sales volume = 6,100 + 150 = 6,250 and new fixed expense = $366,000 + $23,000 = $389,000

Shelhorse Corporation

Contribution format income statement

For the year ended, December 31, 20YY

Sales Revenue (6,250 × $260) = $1,625,000

Less: Variable expense (6,250 × $91) = $568,750

Contribution Margin = $1,056,250

Less: Fixed Expense = $389,000

Net Operating Income = $667,250

The effect on the company's monthly net operating income of this change = $667,250 - $664,900 = $2,350

5 0

2 years ago

To what extent do cost recovery deductions based on the capitalized cost of a tangible asset reflect a decline in the economic v

sladkih [1.3K]

Answer:

Cost recovery deductions do not have relationship to any decline in value of the property to which the deduction relates.

Explanation:

Capitalised costs are the cost that is incurred when building and financing a fixed asset. For example labour cost in building and financing an asset.

These expenses are added to the cost of the asset (capitalised) and taken gradually over time through depreciation, depletion, and amortization. They are not taken out of revenue in the period when they were incurred.

So cost deductions through capitalised cost is not related to the value of the asset but is an expense that is incurred in relation to the asset, and it's payment is spread out over time.

For example if $1,200 is incurred on construction of an asset worth $500,000. If $1,200 is capitalised over 12 months $100 will be deducted each month from expense. This does not affect the value of the asset ($500,000).

7 0

2 years ago