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1 year ago

a common mistake that team leaders and supervisors make is to talk too little during the first team meetings.

Business

1 answer:

asambeis [7]1 year ago

6 0

Talking too little in the first team sessions is a common error made by managers and team leaders.
Everyone makes mistakes, but managers and leaders are more likely than others to do so. These include misinterpreting your role, providing poor feedback, being very "hands-off," and inadequate delegation.

It is true that committing a mistake might provide an opportunity for learning. However, taking the effort to understand how to spot and avoid frequent errors will help you become successful and productive while also earning the respect of your team.

Which seven traits must leaders avoid in order to be successful?

7 Characteristics No Leader Should Possess

The propensity for micromanagement.
Absence of excitement or optimism.
Opposition to novel concepts.
Make use of fear as a motivator.
Failure to appreciate work well done.
They don't express their expectations in a clear manner.
Emotional intelligence is lacking.

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Omega Company would have applied $31,500 of fixed manufacturing overhead if capacity usage had equaled the master budget. Given

pochemuha

Answer and Explanation:

The journal entry to close the manufacturing overhead account is shown below:

Given that

There is applied overhead of $31,500

And, the budgeted overhead is

= 2,000 × $15

= $30,000

As we can see that the budgeted overhead would be lower than the applied overhead so this is an under applied overhead

Cost of goods sold Dr $1,500 ($31,500 - $30,000)

To factory overhead $1,500

(Being the closing of overhead is recorded)

4 0

2 years ago

A local college of business offers an outstanding graduate business school education program. Marissa pays the tuition to attend

rewona [7]

Answer:

Yes, it was a marketing exchange

The payment made of the tuition was exchanged for the knowledge that led Marissa to the new paid and satisfactory job.

Explanation:

Given that changing means taking one thing for another, in the context of marketing, we understand by exchange relationship an act of communication where the parts involved (two or more) make the offer and reciprocally deliver something of value ( comparison with other objects) and useful (measure of the satisfaction obtained when receiving something of value) that passes to the other part.

3 0

3 years ago

If anderson applies the initial value method in accounting for kenneth, what is the consolidated balance for the equipment accou

Xelga [282]

If Anderson applies the initial value method in accounting for Kenneth, the consolidated balance for the Equipment account as of December 31, 2021 will be $1,104,000.

Excess amortizations: (120,000 - 90,000 = 30,000/10 = 3,000 per year).

2021 Balance Goehler BV 975,000 + Kenneth BV 105,000 + Fair value adjustment 30,000 - amortization for 2017 and 2018 (3,000 × 2) = 1,104,000

What is Equipment account?

Equipment is a long-term asset account that records the cost of the equipment and is noncurrent. The income statement account will be debited for equipment depreciation over the course of its useful life Depreciation Expense and crediting the balance sheet account Accumulated Depreciation.

A company's usage of equipment as a type of fixed asset is recorded on the balance sheet under the line item "property, plant, and equipment" in the long-term assets section. Equipment is capitalized rather than immediately expensed when it is bought and put into operation. This makes sense given that these are regarded as concrete, long-term assets that help the company over a considerable amount of time. The cost of the assets is then written down throughout the duration of the machinery's useful life.

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Disclaimer- The question was incomplete. Check below the full question.

Anderson Inc. acquires all of the voting stock of Kenneth, Inc. on January 4, 2020, at an amount in excess of Kenneth's fair value. On that date, Kenneth has equipment with a book value of $90,000 and a fair value of $120,000 (10-year remaining life). Anderson has equipment with a book value of $800,000 and a fair value of $1,200,000 (10-year remaining life). On December 31, 2018, Anderson has equipment with a book value of $975,000 but a fair value of $1,350,000 and Kenneth has equipment with a book value of $105,000 but a fair value of $125,000.

If Anderson applies the initial value method in accounting for Kenneth, what is the consolidated balance for the Equipment account as of December 31, 2018?

3 0

1 year ago

Sal contracts with Tasty Pizza Company to deliver its products. Later,both parties change their minds and decide to cancel their

goldenfox [79]

Answer:

.b.can agree to a new contract that includes the new price

Explanation:

When Sal and Tasty agreed to cancel their first contract, that was the end of that particular contract. No further negotiations can take place because the contract doe not exist. By calling Tasty the following day, Sal was initiating a new contract.

A new contract does not need to make any references to the canceled contract. Sal and Tasty are free to negotiate for new terms and negotiations since this is a new contract. The details of the canceled contract are no longer binding to them.

5 0

3 years ago

On January 1 of the current year, Townsend Co. commenced operations. It operated its plant at 100% of capacity during January. T

Mariulka [41]

Answer:

Income statement using absorption costing.

Sales $756,000

Less Cost of Goods Sold

Opening Stock $0

Total Manufacturing Costs $655,000

Less Closing Stock ($104,800) ($550,200)

Gross Profit $205,800

Less Operating Expenses

Selling and administrative expenses:

Variable $35,000

Fixed $10,500 ($45,500)

Net Income $160,300

Explanation:

The Product cost is the to total of all manufacturing costs.

5 0

2 years ago