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lozanna [386]
1 year ago
9

Lyell is a sales representative for the Nutty Boys Nut Butter Company. He is about to meet with his manager to review his progre

ss toward meeting the sales objectives they agreed to at the beginning of the year. Lyell likes the fact that managers at Nutty Boys listen to their subordinates' ideas and get everyone involved in setting goals and objectives. Lyell's experience suggests that Nutty Boys is utilizing __________.A. management by objectives (MBO).
B. programmed management.
C. the program evaluation and review technique (PERT).
D. scientific management.
Business
1 answer:
olga2289 [7]1 year ago
7 0

Answer:

A. management by objectives (MBO).

Explanation:

Lyell's experience suggests that Nutty Boys is utilizing management by objectives (MBO).

Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives <u>that are agreed to by both management and employees.</u>

In the scenario, it was stated that ''Lyell likes the fact that managers at Nutty Boys listen to their subordinates' ideas and get everyone involved in setting goals and objectives.''

Hence, her experience matches the definition of Management By Objectives.

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Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and fa
yaroslaw [1]

Answer:

You are missing the requirements. I looked them up and found the following:

Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

                                   Standard Costs                  Actual Costs

Direct materials      185,000 lbs. at $6.00     183,200 lbs. at $5.80

Direct labor             18,500 hrs. at $16.50      18,930 hrs. at $16.90

Factory overhead Rates per direct labor hr., based on 100% of normal capacity of 19,310 direct labor hrs.:

Variable cost,                       $3.10                          $56,780

variable cost Fixed cost,     $4.90                         $94,619 fixed cost

Each unit requires     0.25 hours of direct labor

direct materials price variance = AQ x (AP - SP) = 183,200 x ($5.80 - $6) = -$36,640 favorable variance

direct materials quantity variance = SP x (AQ - SQ) = $6 x (183,200 - 185,000) = -$10,800 favorable variance

total direct materials cost variance = (AQ X AP) - (SQ X SP) = (183,200 X $5.80) - (185,000 X $6) = $1,062,560 - $1,110,000 = -$47,440 favorable variance

or

total direct materials cost variance = direct materials price variance + direct materials quantity variance = -$36,640 - $10,800 = -$47,440 favorable variance

4 0
1 year ago
7. Total Cost for Savings Piggy bank with cash Dean is planning to purchase a new Nissan Altima which costs $26,865. He has save
son4ous [18]

Answer:

The monthly deposit is calculated using PMT function :

rate = 1.2%/2 (converting annual rate into monthly rate)

nper = 12 * 5 (5 years of deposits with 12 monthly deposits each year)

pv = -3200 (Amount put into account now. This is entered with a negative sign because it is a cash outflow)

fv = 26865 (Required value of account after 5 years)

PMT is calculated to be $379.70.

The monthly deposit is  $379.70.

7 0
1 year ago
Simmons sold merchandise to Drake for $5,000 with payment terms of 2/10, n/30. Two days later, Drake returned two of the units a
QveST [7]

Answer:

the discount is for 60 dollars

therefore Simmons will pay 2,940 dollar for the inventory

Explanation:

From the invoice nominal we should remove the returned goods.

nominal  5,000

returns   2,000

balance: 3,000

commercial terms: 2/10 the discount is 2% if paid within 10 days

3,000 x 2% = 60 dollars

net cash disbursements: 3,000 - 60 = 2,940 dollars

3 0
2 years ago
At the end of the day, the cash register's record shows $2,050, but the count of cash in the cash register is $2,058. the correc
pishuonlain [190]
The correct entry to record the cash sales is 

<span>Debit Cash $2058
       credit                   Cash Over and Short $  8
       credit                   Sales                            $2050

The cash over and short will record the amount of cash that is not recorded during the initial transaction. Almost all stores experience cash over and short daily, and usually will be taken monthly from an account set aside by the stores to cover the mistake by its employees.

</span>
8 0
1 year ago
What are differences between social contextual learning and guided competency development? Are both types of learning and associ
nikitadnepr [17]

Answer:Social contextual learning is an Informal learning, it is a peer-to-peer learning and it occurs spontaneously as it is needed.

Guided competency development are formal developments,they defined by the organization as beneficial skills for a wide variety of positions within the company, they are properly fashioned and planned,they do not occur spontaneously and are not driven by peer to peer Interaction.

PARTB

YES, BOTH TYPES OF LEARNING AND ASSOCIATED TRAINING METHODS ARE NECESSARY.

Explanation: Social contextual learning are informal learning approaches which occurs spontaneously as at when needed, this type of learning is usually driven by peer to peer interactions it is necessary and needed for proper social learning.

Guided competency development is a formal approach to development which is guided by the needs of the Organisation,they don't occurs spontaneously and are not peer to peer interaction, it is necessary.

4 0
2 years ago
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