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Norma-Jean [14]
2 years ago
13

Zhou owns a nonrental business with two separate departments. Department A generates net income of $70,000, and Department B gen

erates a net loss of $58,000. Zhou participates 800 hours in the operations of Department A and 300 hours in the operations of Department B. If Zhou is allowed to treat the departments as components of a single activity, calculate the amount of the Department B loss that can be offset against the income from Department A in the current year. $
Business
1 answer:
Margaret [11]2 years ago
8 0

Answer: $58,000

Explanation:

If Zhou is allowed to treat the departments as components of a single activity then ALL the losses suffered by Department B can be offset against the Income of Department A because they will be treated as a singular business.

Seeing as Department A has a higher income of $70,000 than the loss of Department B of $58,000, all of Department B's loss can therefore be offset by Department A.

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An error in the ending inventory balance in Year 1 will also affect: (You may select more than one answer.)
Virty [35]

Answer:

A) Year 1 cost of goods sold

B) Year 2 cost of goods sold

D) Year 2  beginning inventory

Explanation:

A) Year 1 expense of merchandise sold : The Current year cost of Goods Sold is processed by deducting finishing stock from Opening Inventory and Purchases made during the year. So in the event that the completion stock isn't right, at that point the result of above calculation will not be right so the Year 1 expense of merchandise sold for example (Current year cost of Goods Sold) will be inaccurate.  

D) Year 2 starting stock: year 2 starting stock is equivalent to year 1 completion stock. So on the off chance that off-base stock estimation is made at end of earlier year, at that point current year opening worth will be carried on as off-base.  

B) Year 2 expense of merchandise sold: The explanation is same as ans q(i.e. Year 1 expense of merchandise sold) as off-base convey forward opening stock worth will bring about wrong calculation of cost of products sold for year 2.

6 0
1 year ago
Which of these should a company consider before implementing cloud computing technology? a)Employee satisfaction b)Information s
ioda

Answer:

Implementing cloud computing technology, the company should consider:

d)Potential cost reduction

Explanation:

Cloud computing technology uses software applications where the software and data are accessed by users and customers through the internet.  When a company considers this option of hosting its software applications and storing data, the first consideration should center on the potential cost reduction that will be gained by so doing.  Then, it is also important to consider the risks of data integrity and access levels.

8 0
1 year ago
From the ledger balances given below, prepare a trial balance for the Amaro Company at June 30, 2020. All account balances are n
prohojiy [21]

Answer:

Amaro Company

Trial Balance

June 30, 2020

                                                            Debit                             Credit

Cash                                                   $ 5800                                 $

Accounts Receivable                            $ 3000                             $

Equipment                                            $17,000                              $

Accounts Payable                                     $                                 $  8100

Cleland, Capital                                         $                                $ 15,000

Cleland, Drawing                                     $ 1200                              $    

Service Revenue                                             $                              $ 10,000

Salaries Exp                                                 $5100                              $

<u>Rent Expense                                              $ 1000                             $ </u>

<u> Total                                                           </u><u> $ 33,100                    $ 33,100</u>

Trial balance is a list of all ledger accounts and cash book.

It can be prepared any time during the accounting period.

The debit and credit side of the trial balance are equal.

Expenses are debited . Drawing is an expense therefore it is debited.

3 0
1 year ago
Which of the following is true regarding systematic study?A) It attributes causes and effects based on intuition.B) It involves
Arturiano [62]

Answer:

D. It involves analyzing relationships based on scientific data

Explanation:

6 0
1 year ago
Rosa, a human resource professional, is redesigning several jobs at the factory where she works. She recognizes that most of the
Korvikt [17]

There are three ways in which a manager can redesign an employee's job: <u>job enrichment, job enlargement and job rotation.</u>

Explanation:

There are three ways a manager can redesign an employee's job:

  1. job enrichment,
  2. job enlargement
  3. job rotation.

Job redesign is an technique using which job responsibilities, tasks are reviewed, and are re-allocated among the employees, to improve output. Redesigning jobs can lead to improvements in both productivity and in job satisfaction. of the employees

For example: Samantha is , a customer service representative  at a large call center. She performs the same task of attending phone calls  on a daily basis .This redundancy of task will lead to the reduction in the productivity of Samantha. To increase her productivity the HR plans to redesign her job,the HR might increase or decrease the number of calls she takes each day OR THEY  might plan to give her  training so that she can be moved to a more specialized group, such as tech support or sales,  or the HR  might  change  her role, such as to a supervisory or training position.

This change in the job profile(Job Redesign) of Samantha will lead to an increase in the productivity and motivation.

3 0
2 years ago
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