Answer:
May sales collection
May cash sales 107,250
April account sales <u> 491,400 </u>
Total sales collection 598,650
Explanation:
On May we will collect the cash sales for May
And the sales on account for April, we need to calcualte and add these two values.
Sales for May
3,900 x 275 = 1,072,500
<em>Cash Sales for May </em>
<em>10% of may sales: 107,250</em>
<em />
Sales from April
2,100 x 260 = 546,000
<em>Credit sales for April </em>
<em>546,000 x 90% = 491,400</em>
Answer:
$154,900
Explanation:
The computation of the total cost of operating the assembly department as follows:
= Direct expenses of assembly department + allocated amount
= $123,400 + $52,500 × 69,000 ÷ (69,000 + 46,000)
= $123,400 + $52,500 × 69,000 ÷ 115,000
= $123,400 + $31,500
= $154,900
Answer: Vroom and Yetton's normative decision model.
Explanation:
The Vroom–Yetton normative decision model is a situational leadership theory of industrial and organizational psychology that was developed by Victor Vroom, in collaboration with Phillip Yetton and later with Arthur Jago. The situational theory argues the best style of leadership is contingent to the situation.
Regarding decision making, the Vroom-Yetton model suggests that being autocratic, seeking advice, considering alternative approaches before a decision is made, informing a group on an issue, and letting that group develop the solution without forcing your own ideas are all important at times.
Answer:
C) undercapitalization
Explanation:
Clearly, Julia's cake business was undercapitalized, since she failed in the bare start. The undercapitalization issue is often associated with financial beginnings, when having the right sources of capital is crucial. Startups face significant initial costs and therefore need secure capital to cover them.
A cash flow issue is more common with businesses that are already up and running, but face challenges regarding paying debtors.
