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ivolga24 [154]
2 years ago
13

Flatter organizations today often reassign an employee to a new job at the same level, which is known as a(n)?

Business
1 answer:
eimsori [14]2 years ago
5 0

It is known as lateral transfer.

A transfer is a horizontal or lateral movement of a person from one job, section, department, shift, plant, or position to another in the same or another location with the same wage, status, and responsibilities.

A lateral move is a job movement in which a person transfers from one position to the another with minimal change in compensation, title, or level. However, even if you do not receive a promotion, a lateral transfer does not guarantee that one will not gain the new experiences or develop new abilities.

Therefore, the answer is lateral transfer.

To know more about lateral transfer click here:

brainly.com/question/25469999

#SPJ4

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On May 3, 2020, Windsor Company consigned 90 freezers, costing $480 each, to Remmers Company. The cost of shipping the freezers
aivan3 [116]

Answer:

a. Value of Ending inventory  $ 22025

b. Profit=  $ 10429

c. Amount Remitted to the Consignor  $32454      

Explanation:

Windsor Company

Goods Sent on Consignment  90 * $ 480= $ 43,200

Shipping Charges                                              $ 850

Total                                                                    $44050

Cost of One Freezer = $ 44050/ 90= $ 489.44

Cost of 45 Freezers= $22025

The ending inventory value is calculated by multiplying the unit costs with the units at hand.

a. Value of Ending inventory at the Hands of the Consignee = Units* Cost Price = 45 * $ 489.44= $ 22025

Sales by the Consignee           45* $ 780= $ 35100

b. Profit= Sales - (Cost + Expenses) =  $ 35100- ($22025 + $2646)  

= $ 10429

Profit is calculated by subtracting all the expenses and the cost from the sales

Installation Charges                                 $330

Advertisement Costs                                $ 210

Commission (6% of 35100)=                     $2106

Total  Expenses                                      $2646  

c. Amount Remitted to the Consignor = Sales - Expenses=  ( $ 35100-  $2646 )= $32454                        

3 0
3 years ago
Read 2 more answers
Brady corp. is considering the purchase of a piece of equipment that costs $20,000. projected net annual cash flows over the pro
katovenus [111]

Answer:

B

Explanation:

Payback period is the total time it takes an organization to recover the initial capital incurred in acquiring an asset.

It is expressed in years and fraction of years.

Initial investment    20,000

Year 1                                                 3000               17000

Year 2                                                 8000               9000

Year 3                                                 15,000

9000/15000= 0.6 years

The payback period = 2.6 years

5 0
3 years ago
Select the correct answer from each drop-down menu. Fabian inherited some money from his family and decided to open a hardware s
mojhsa [17]

1) Fabian owns a store

2) He has to pay back the money to the creditors from whom the inventory was taken.

<u>Explanation:</u>

Ownership is the state, act, or right of owning something, i.e., possessing something. For example, the government is the owner of a state company. Liabilities are defined as a company's legal financial debts or obligations that arise during the course of business operations.

Since in this question, Fabian is the owner of a shop and he possesses it and he owns it. And since it is a financial debt on Fabian to pay the creditors, it is a liability for him.

3 0
3 years ago
Laughlin, Inc., uses a standard costing system. The predetermined overhead rates are calculated using practical capacity. Practi
Murrr4er [49]

Answer:

(1) $5,300 F; $30,000

(2) $77,800 U; $22,500 U

Explanation:

1. Fixed Overhead Spending variance:

= Budgeted Fixed Overhead - Actual Fixed Overhead

= 300,000 -294,700

= $5,300 Favorable

Fixed Overhead Volume variance:

= (Standard Output -Actual Output ) × Fixed Overhead absorption rate per unit of output

= (1,000,000 - 900,000) × (300,000 ÷ 1,000,000)

= 30,000 Unfavorable

2. Actual Hours = 190,000

Actual variable Overhead = 800,000 -294,700

                                           = 505,300

Standard variable Overhead rate = (750,000 - 300,000) ÷ 200,000

                                                       = 2.25

Variable Overhead Spending Variance:

= (Actual hours × Standard variable overhead rate per hour) - Actual manufacturing overhead

= (190,000 × 2.25) - 505,300

= 77,800 unfavorable

Variable overhead Efficiency variance:

= (Standard Hour - Actual Hour) × Standard variable Overhead rate

= [(200,000 ÷ 1,000,000) × 900000 - 190,000] × 2.25

= $22,500 Unfavorable

3. The Journal entries are as follows:

WIP inventory A/C                               Dr.  $727,500

To Fixed manufacturing Overhead                            $300,000

To Variable manufacturing Overhead                       $427,500

(To record fixed and variable manufacturing overhead)

Workings:

Variable manufacturing Overhead = 190,000 × 2.25

                                                         = $427,500

Fixed manufacturing Overhead A/c    Dr. $5,300

WIP Inventory A/C                                 Dr. $72,500

To Variable manufacturing Overhead                         $77,800

(To record Closing out overhead variances)

3 0
3 years ago
When crossett corporation was organized in january 2018, it immediately issued 4,000 shares of $50 par, 6 percent, cumulative pr
Vitek1552 [10]

Answer: No, the corporation did not pay a dividend in 2018.

Explanation: The company would not have paid a dividend in 2018 because they had a net loss. Dividends are the profit of the corporation being divided amongst the owners (shareholders). Since there was no profit there would not be dividends.

3 0
2 years ago
Read 2 more answers
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