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1 year ago

How should a coach create team commitment to her vision for the team?

1 answer:

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e. a and c?

A coach should create team commitment to her vision for the team by communicating the vision and motivate the team to support it and by state goals clearly and only once, and then show that she means business. What a coach should not do is relying on her raw intelligence rather than seek information from other sources and use coercion, because this two do not work.

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Penny Company made an inventory count on December 31, 2020. During the count, one of the clerks made the error of counting an in

SCORPION-xisa [38]

Answer:

The correct answer is B.

Explanation:

7 0

1 year ago

Read 2 more answers

In the event of a crisis, your company should be ready to respond immediately by appointing a crisis team of five to seven emplo

Lynna [10]

The task of a crisis management team is to mitigate conflict. A crisis management team is effective when crisis is preemptively identified and scenarios for resolution are in place. A crisis management team should promptly acknowledge crisis to employees and shareholders.

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1 year ago

The following are nine technical accounting terms introduced or emphasized in this chapter. Responsibility margin Transfer price

Ostrovityanka [42]

Answer: Please refer to Explanation

Explanation:

The terms will be listed in bold at the end of the statement. If you require further clarification please do comment.

a. The costs deducted from the contribution margin to determine the responsibility margin. TRACEABLE FIXED COSTS.

b. Cost to produce plus a predetermined markup. COST-PLUS TRANSFER PRICE

c. Fixed costs that are readily controllable by the manager. NONE

d. A subtotal in a responsibility income statement, equal to responsibility margin plus committed fixed costs. PERFORMANCE MARGIN.

e. The subtotal in a responsibility income statement that is most useful in evaluating the short-run effect of various marketing strategies on the income of the business. CONTRIBUTION MARGIN.

f. The subtotal in a responsibility income statement that comes closest to indicating the change in income from operations that would result from closing a particular part of the business. RESPONSIBILITY MARGIN.

g. The amount used in recording products or services supplied by one business unit to another. TRANSFER PRICE.

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2 years ago

Sebastian decides to open a tree farm. When deciding to open his own business, he turned down two separate job offers of $25,000

Umnica [9.8K]

Answer: C. Sebastian's economic profit is $4,000, and his accounting profit is $34,600.

Explanation:

Total Revenue = $50,000

Purchase of supplies = $15,000

Loan = $20,000 at 2% interest

Personal saving withdrawal = $20,000

Interest on personal savings = 3%

Accounting profit = Revenue - Expenses

Revenue = $50,000

Expenses = purchase in supplies + interest in loan

Expenses = $15,000 + (0.02 × 20,000)

Expenses = $15,000 + $400 = $15,400

Accounting profit = $50,000 - $15,400 = $36,600

Economic Profit = Accounting profit - Opportunity cost

Here best opportunity foregone = $30,000

Interest forgone on personal saving= $20,000 X 0.03 = $600

Total opportunity cost = $30,000 +$600 = $30,600

Thus Economic Profit = $34,600 - $30,600

= $4,000

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1 year ago

Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From

nydimaria [60]

Answer:

Unit Information

Units charged to production:

Inventory in process, July 1 30000

Received from materials storeroom 155000

Total units accounted for 185000

Units to be assigned costs: Equivalent Units

Whole Units DM Conversion

Beginning 30,000 0 27,000

Std and comp 119,000 119,000 119,000

Transferred to 149,000 119,000 146,000

Ending 36,000 36,000 16,200

Total units 185,000 155,000 162,200

Materials Conversion (labor + overhead)

Total costs for the month 620,000 123,272

Total equivalent units 155,000 162,200

Cost per equivalent unit $4.00 $0.76

DM Conversion Total

Beginning $121,800.00

Incurred $620,000.00 $123,272.00 $743,272.00

Total costs accounted for $865,072.00

Beginning $121,800.00

To complete $20,520.00

Total beginning $142,320.00

Std and comp $566,440.00

Trasnferred $708,760.00

Ending $156,312.00

Total costs assigned $865,072.00

Explanation:

First we calcualte the physical units.

then the equivalent units.

we solve for equialent cost per unit by dividing the cost of the period by the equivalent unit

then, we make the cost reconciliation

notice how the cost accounted (beginning + incurred during the period)

matches the cost assigned (trasnferred + ending WIP inventory)

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2 years ago