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kow [346]
2 years ago
3

During the first year of operations, Shapiro Tool accumulated the following manufacturing costs:

Business
1 answer:
Lesechka [4]2 years ago
6 0

Answer:

Journal Entries are given below

Explanation:

                                                                DEBIT      CREDIT

Raw Material  purchase on account

Raw material                                          $12,000

Account payable                                                      $12,000

Factory Labor Accrued

Direct labor                                             $6,000

Wages payable                                                          $6,000

Manufacturing Overhead

Manufacturing Overhead                        $4,000

Account payable                                                       $4,000

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Barb overheard an unpleasant encounter between the manager of the paint store where she works and a sales rep who sells a well-k
alexandr402 [8]

Answer:

conflict channel.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

A sales representative (salesperson) refers to an individual or employee who is saddled with the responsibility of taking orders from customers, as well as selling finished goods and services to consumers or end users.

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

A conflict channel can be defined as a discord, difference, or dispute that arises between two or more channel partners, especially by competing against one another. Thus, it's a situation in which the actions or operations of one channel partner adversely affects the business, sales, revenue, profitability, goals or market share of the other channel partner.

Generally, there are four (4) main types of conflict channel and these include;

I. Horizontal level conflict.

II. Vertical level conflict.

III. Multichannel level conflict.

IV. Inter-type level conflict.

In this scenario, Barb overheard an unpleasant encounter between the manager and a sales representative over how their paint products should be displayed, the conversation degenerated into a loud argument.

Thus, what Barb observed in this scenario was an example of a conflict channel.

6 0
2 years ago
When an organization’s internal environment no longer allows the organization to perform effectively, a manager might do which o
Drupady [299]

<u><em>Explanation</em></u>:

<u>Question 1.</u> These options apply;

  • Create a culture of innovation by inviting and expecting employees to contribute new ideas.
  • Hire people with new skills and perspectives and train current employees on new skills.
  • Restructure the organization to be more customer-centric and make work processes more efficient.

<u>Question 2.</u> These options apply;

  • Think about new possibilities for the organization.
  • Spend a good deal of time determining what the problem is and find out what caused it.
  • Create deadlines and checkpoints for solving the problem

<u>Question 3</u>

B. slow moving and stable

<u>Question 4</u>

D. incremental

<u>Question 5. </u>

D. made a proactive change

7 0
2 years ago
Worldwide quarterly sales of a brand of cell phones were approximately q = −p + 136 million phones when the wholesale price was
Gre4nikov [31]

Answer:

$51

Explanation:

Data provided:

Sales function as: ( q = −p + 136 ) million phones

here, p is price in dollars

a) supply function as: ( q = 9p - 374 ) million phones

now,

for equilibrium price, the supply should be equal to the sales

i.e

−p + 136 = 9p - 374

or

136 + 374 = 9p + p

or

10p = 510

or

p = $51

Hence, the equilibrium price should be $51

8 0
2 years ago
Last year, Michelson Manufacturing reported $10,250 of sales, $3,500 of operating costs other than depreciation, and $1,250 of d
Margarita [4]

Answer and Explanation:

The computation is shown below:

Particulars                       Last year            Current year

Sales                               $10,250              $10,250

Operating cost               -$3,500              -$3,500

Operating income           $6,750               $6,750

less:

Interest expense

(6.5% of 3,500)               -$227.50           -$227.50

depreciation expense   -$1,250               -$1,975  ($1,250 + $725)

Earning before tax           $5,272.50          $4,547.50

Less: Income tax

at 21%                              -$1,107.23           -$954.98

Net income                      $4,165.27            $3,592.53

Now the net cash flow is

Net income                       $4,165.27             $3,592.53

Add:

Depreciation                      $1,250                 $1,975

Total net cash flows           $5,145.27          $5,567.53

Change is $422.26

6 0
2 years ago
Which of the following is correct? An increase in the quantity of labor always leads to economic growth. Increased education add
pishuonlain [190]

Answer:

Increased education adds to the stock of human capital, not unlike building factories adds to the stock of physical capital.

Explanation:

Economic growth can be defined as a persistent increase in the real Gdp of a country overtime.

An increase in the quantity of labour doesn't always lead to economic growth.

An increase in the productivity of labor leads to economic growth.

Third world countries aren't usually rich in human capital. One of the measures of human capital is education. Education is usually deficient in third world countries.

Factors that lead to economic growth are :

1. Improvement in technology

2. Investment in physical capital.

3. Increased availability of natural resocurces.

4. Investment in human capital

I hope my answer helps you

5 0
2 years ago
Read 2 more answers
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