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seraphim [82]
3 years ago
10

Nate, a production worker in a doll manufacturing plant, recently changed positions on the manufacturing line from painting the

eyes, to attaching arms to each doll. in the past, his work was always impeccable with a very low rate of mistakes, but since the switch, the quality team has found numerous dolls with arms that were haphazardly attached. a majority of the flawed-arm dolls are from nate's assembly line. when his supervisor approached him about his quality issues, nate replied that lately he has been having a string of bad luck. in the past, when the product quality was acknowledged, nate always took the credit and boasted about his abilities. this is known as:
Business
1 answer:
dangina [55]3 years ago
7 0

This is known as <u>"a self-serving bias."</u>


A self-serving bias is the regular propensity for a man assuming acknowledgment for positive occasions or results, yet rebuking outside variables for negative occasions. This can be influenced by age, culture, clinical finding, and that's just the beginning. It has a tendency to happen broadly crosswise over populaces.  

Self-serving bias happens in every single diverse sort of circumstances, crosswise over sexual orientations, ages, societies, and then some.  

Somebody with gloom or low confidence may alter the self-serving bias: They ascribe negative occasions to something they did, and positive occasions to fortunes or something another person did.

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General Product Inc. distributed 140 million coupons in 2021. The coupons are redeemable for 40 cents each. General anticipates
Fiesta28 [93]

Answer:

$1.2 million

Explanation:

The computation of General's coupon promotion expense in 2022 is shown below:-

But before that we need to do following calcualtions

General's coupon promotion expense in 2021 = Shipped coupons × Redeemable cents × Redeemed Coupon percentage

= 140 million × $0.40 × 70%

= $39.2  million

Redemption in 2021 = Coupons redeemed × Redeemable cents

= $56 million × $0.40

= $22.40  million

Redemption in 2022 = Coupons redeemed × Redeemable cents

= $45 million × $0.40

= $18 million  million

So,

General's coupon promotional expense in 2022 = Redemption in 2021 + Redemption in 2022 - General's coupon promotion expense in 2021

= ($22.40 million + $18 million) - $39.2  million

= $1.2 million

4 0
3 years ago
On October 1, 20X3, Green Corporation paid $450,000 for all of Yellow Company's outstanding common stock. On that date, the book
Damm [24]

Answer:

The differential implicit in this acquisition is $110,000

Explanation:

The computation of the differential implicit is shown below:

Differential implicit = Amount paid - book value

                               = $450,000 - $340,000

                               = $110,000

The differential implicit shows a difference between the amount paid and the book value so we do not consider the fair value which is given in the question

3 0
3 years ago
During March, the production department of a process operations system completed and transferred to finished goods 27,000 units
klasskru [66]

Answer:

Cost per equivalent unit of material =$1.51

                                 

Explanation:

<em>Equivalent units are notional whole units which represent incomplete work and are used to apportion production costs between work in progress and finished work.</em>

Equivalent units = Degree of completion × units

<em>Items                                                   Equivalent units</em>

Opening inventory    27,000×100%   =    27,000

Fully worked              180,000× 100% =  180,000

Closing inventory      24,000× 100%  =   <u>24,000</u>

Total equivalent units                              <u> 231,000</u>

Cost per equivalent unit of material = 93,800+254,000/231,000 units

                                                             

6 0
3 years ago
Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash f
Nataliya [291]

Answer:

The net present value of this project is $1<u>3,587,962.96</u>

Explanation:

<em>The </em><em>Net present value (NPV)</em><em> is the difference between the present value of cash inflows and the present value of cash outflows  from a decision. A positive NPV indicates a profitable investment and a negative the opposite.</em>

<em>We can be work out the NPV of Turnbull Corp as follows</em>

                                                            Present Value

Year 1       13000,000× *(1.2^(-1)  = 10,833,333.3

Year 2     23,000,000 × 1.2^(-2) =   15,972,222.22

Year 3    29,000,000 ×  1.2^( -3) =   <u>16,782,407.41 </u>

Total PV of cash inflows                   43,587,963.0

Less the PV of cash outflow            <u>  (30,000,000)</u>

Net Present Value (NPV)                 <u>13,587,962.96</u>

       

The net present value of this project is $1<u>3,587,962.96</u>

8 0
3 years ago
Read 2 more answers
Genevieve is a member of the board of directors and the chief financial officer of The Shoe Fits, Inc. Under the duty of care sh
iren2701 [21]

Answer:

B. oversee every aspect of the business, including such things as ordering merchandise and arranging for janitorial services

Explanation:

6 0
3 years ago
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