Answer: collectivism
Complete Question:
Cedric, a brand manager, transferred from the united States to japan He discovered that although people in the United States highly valued individualism, people in Japan expect individuals to conform to group expectations. Cedric concluded that Japan places more of an emphasis on:
Explanation: Collectivism values the group over individuals belonging to the group. In cultures where collectivism is the norm, individuals tend to want to conform to the group expectations. Also, it is common for individuals in collectivist societies to define themselves as belonging to a group than as individuals so groups are a way of identifying themselves.
While individualism values individuals's right and uniqueness, collectivism does not but sees value in maintaining the cohesion in a group, which in turn promotes conformity.
Answer:
The Net Income is $4416.1
Explanation:
The net income is calculated as follows,
Sales $46967
Less:Cost of sales <u> (17184)</u>
Gross Profit 29783
<u>Less:Expenses</u>
Selling & Admin exp (12051)
Depreciation exp (6850)
Interest exp <u> (4088) </u>
Net income before ta 6794
tax expense <u>(2377.9)</u>
Net Income <u>4416.1</u>
Answer:
<u>List Of Communities Interest that engage in an organization's effort.</u>
1) Information Security Community
2) Information Technology Community
3) General Business Community
Explanation:
1)<u> Information Security Community</u><u>:</u> This community protects the organization information assets from many threats they face. Example: This community comprises of the IT Professionals, Chief information security officer, and managers who bear the responsibility to secure the information.
2)<u> Information Technology Community</u><u>:</u> This community supports the business objectives of the organization by supplying and supporting IT that is appropriate to the organization needs. Examples: IT Professionals, Chief information officer, and managers who acts as providers of information technologies.
3)<u> General Business Community</u><u>:</u> This community articulates and communicates organizational policy and objectives and allocates resources to the other group. This community includes: Non-IT Professionals, Users and Managers.
Answer: $15.80
Explanation:
The preston Industries, Inc. currently manufactures part QX100, which is used in several products produced by the company. Monthly production costs for 10,000 units of QX100 are as follows:
Direct materials= $80,000
Direct labor= $20,000
Variable overhead costs= $50,000
Fixed overhead costs= $40,000
Total manufacturing costs= $190,000
Accounting has estimated that 20% of the fixed overhead costs currently assigned to QX100 would not be needed if the company chose to purchase the part from an outside supplier. Preston currently has the option of purchasing the part from an outside supplier at $16.00 per unit.
Based solely on a short-run financial analysis, the maximum price that Preston should be willing to pay the outside vendor for each unit of QX100 is $15.80
Answer:
- Adjusted Cost of Goods sold = $1,206,860
- Adjusted Retained Earnings = $4,675,190
Explanation:
An overstated opening inventory would overstate Cost of Goods sold. The overstatement should therefore be removed from the Cost of goods sold.
An overstated closing inventory would understate Cost of Goods sold. The overstatement should therefore be added to the Cost of Goods sold.
Adjusted Cost of Goods sold 2020 = Cost of Goods sold + 2020 ending inventory - 2019 opening inventory
= 1,290,700 + 32,910 - 116,750
= $1,206,860
Adjusted Retained earnings
The retained earnings would have to be adjusted for the overstatement of the current inventory by $32,910 because this understated Cost of Goods sold.
= Retained earnings - Overstatement of inventory
= 4,708,100 - 32,910
= $4,675,190
