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Thepotemich [5.8K]
1 year ago
11

Joel was recently hired as a police officer in his city's police department. As part of employee training, his supervisor trains

him off-site on the use of firearms. He does this so that Joel does not make any errors in real-life situations. In the given scenario, Joel is going through _____.
Business
1 answer:
Assoli18 [71]1 year ago
3 0

Answer:

On-the job training.

Explanation:

This is explained to be normal emphasized training that working staffs are seen to undergo; especially newly employed staffs, which is a direct training while doing the actual job they are been hired or paid for. A a good and reasonable trainee in this aspect is seen to be appreciative when given this chance to develop knowledge and skills without ever leaving work. In this employee training format, employees are seen to receive your workplace needs, norms, and culture and familiarize with them. Internal job training and employee development bring a special plus. This is why in the scenario above, Joel's supervisor trains him off-site on the use of firearms.

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The budget for Department 6 of Cardinal Company for the current month ending March 31 is as follows:
Hitman42 [59]

Answer:

a) Cardinal Company, department 6

Budget performance report

For the month ended march 31, 202x

                                 Budget            Actual               Over           Under

                                                                                   budget        budget

Materials                $208,000         $204,000                              $4,000

Factory wages       $265,000         $285,000       ($20,000)

Supervisory salaries $67,800           $63,600                              $4,200

Depreciation P&E     $35,000           $35,000               -                    -

Power and light        $22,500            $21,360                                $1,140

Insurance and           $15,500             $14,400                               $1,100

property taxes

Maintenance               $9,700            $9,456                                 $244

Total                        $623,500         $632,816          ($9,316)

b) Factory wages were higher than budgeted by $20,000 or 7.55%, supervisory salaries were lower than budget by $4,200 or 6.19%, power and light were lower than budgeted by $1,140 or 5.07%, and insurance and property taxes were lower than budgeted by $1,100 or 7.1%

7 0
2 years ago
Determinant Company is a​ price-taker and uses a​ target-pricing approach. Refer to the following​ information: Production volum
Maru [420]

Answer: good day!

Explanation: you’re awesome

3 0
2 years ago
Here is the income statement for Larkspur, Inc.
adoni [48]

Answer:

a. The Earnings per share is $3.87

b. The Price-earnings ratio is 3.87 times

c. The Payout ratio is 12.21%

d. The Times interest earned is 10.32

Explanation:

a. The Earnings per share would be calculated as follows:

Earnings per share = (Net income – Preferred stock dividend)/Average number of common shares outstanding

We need to use the formula of the Weighted Average number of common shares outstanding to calculate the Preferred stock dividend.

Therefore, Weighted Average number of common shares outstanding = (Number of common shares outstanding in the beginning + Number of common shares outstanding in the end)/2

= (27,600 + 36,700)/2

= 32,150

Preferred stock dividend = $6,700

Therefore, Earnings per share= (131,100 – 6,700)/32,150

= 124,400/42,150

= $3.87

b. The Price-earnings ratio would be calculated as follows:

Price - earning ratio = Market price per share / Earning per share

= $15 / $3.87 = 3.87 times

c. The Payout ratio would be calculated as follows:

Payout ratio = (Total cash dividends - Preferred stock dividends) / Net income

= ($22,700 - $6,700) / $131,000 = 12.21 %

d. Times interest earned would be calculated as follows:

Times interest earned = (Net income + Interest expense + Tax expense)/Interest expense

= (131,100 + 16,700 + 24,600)/16,700

= 10.32 times

5 0
1 year ago
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
Pani-rosa [81]

Answer:

Unit Cost = $196

Explanation:

As per the data given in the question,

Total variable overhead estimated = 4×31,400 = $125,600

Total overhead estimated = $125,600+$219,800 = $345,400

Predetermined overhead rate = $345,400÷31,400 = $11 per hour

Total overhead applied = $11×20 = $220

Hence, Total job cost = Direct material + Direct Labor + Total overhead

= $580 + $1,160 + $220

= $1,960

So, Unit cost = $1,960 ÷ 10 = $196

6 0
1 year ago
Read 2 more answers
PortaCom manufactures notebook computers and related equipment. PortaCom's product design group developed a prototype for a new
Alchen [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Selling Price $284 per unit

Administrative Cost $500,000

Advertising Cost $700,000

(a) Units= 18,500

Direct labor= $50

Direct material= $88

Sales= 18,500*284= 5,254,000

Variable costs= (50 + 88)*18,500= (2,553,000)

Contribution margin= 2,701,000

Administrative Cost= (500,000)

Advertising Cost= (700,000)

Net operating income= 1,501,000

B)Units= 9,500

Direct labor= $51

Direct material= $101

Sales= 9,500*284= 2,698,000

Variable costs= (51 + 101)*9,500= (1,444,000)

Contribution margin= 1,254,000

Administrative Cost= (500,000)

Advertising Cost= (700,000)

Net operating income= 54,000

7 0
1 year ago
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