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1 year ago

Why might a company choose an open office layout?

1 answer:

5 0

A company might want to go for an open office layout because they want to foster creativity and collaboration

See the explanation bellow

<h3>The reason companies choose an open office layout</h3>

Although this type of layout has its own disadvantages one especailly is dealing with a noisy work floor, however, its has proven to be more advantageous in that it promotes collaboration and good work culture among staffs and co-workers.

In recent times, the agile method of product delivery suggests the open work floor as against the cubicle type of office space because it works best in a fast pace working environment.

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Current information for the Healey Company follows: Beginning raw materials inventory $ 29,200 Raw material purchases 74,000 End

Rzqust [24]

Answer:

cost of goods manufactured= $167,800

Explanation:

To calculate the cost of goods manufactured, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

First, we need to determine the direct material used in production:

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 29,200 + 74,000 - 30,600= 72,600

cost of goods manufactured= 36,400 + 72,600 + 56,800 + 44,000 - 42,000

cost of goods manufactured= $167,800

3 0

3 years ago

A substantial revision of the income tax code that made business and personal tax returns much easier to complete would tend to

finlep [7]

Answer:

c. a decrease in the wage rate of accountants

Explanation:

As a result of the revision that makes personal tax returns much easier to complete, people would no longer need the services of accountants to calculate their tax returns. As a result, the demand for accountants would fall, all other things remaining equal.

The fall in demand would lead to a fall in wage rate of accountants

Please check the attached image for a graph explaining this concept

6 0

3 years ago

What are the items that can result in higher interest earned

Eduardwww [97]

<span>A higher interest rate and/or a higher balance will result in higher interest earned.</span>

6 0

3 years ago

The inventory turnover ratio: Multiple Choice Is used to analyze collectability. Is used to measure solvency. Reveals how many t

zloy xaker [14]

Answer: Reveals how many times a company sells its merchandise inventory during a period.

Explanation:

The Inventory Turnover Ratio is used to measure how often a company is able to sell off all its inventory within a single period. The higher this is, the better because it means that the company has a high sales rate and is incurring low storage costs since the inventory does not stay with them for long.

It is important to use this ratio relative to the type of industry it is being applied to however. For instance, a car dealership would be expected to have a lower inventory turnover ratio than a grocery store so comparing them using this ratio would be inaccurate.

5 0

2 years ago

Which one of the following stock index futures has a multiplier of $50 times the index value?

fiasKO [112]

Mini-Russell 2000 stock index futures has a multiplier of $50 times the index value.

<h3>What is Mini-Russell 2000?</h3>

The Russell 2000 Index covers 2000 small cap stocks across a wide range of US economic sectors.
It is a broad-based, market capitalization-weighted index. Generally speaking, the Russell 2000 index is regarded as a significant benchmark for small-cap U.S. stocks.
The E-mini Russell 2000 Index Futures Contract enables market participants to speculate on the Russell 2000 Index's performance.
The central limit order book (CLOB), block trades, BTICs (basis trade at index closing), and EFPs are all ways that market players can place orders.
Sunday through Friday, from 5 pm to 4 pm central time, the E-mini Russell 2000 Index Futures Contract is open for trading. Daily trading is halted from 3:15 to 3:30 pm central time.

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8 0

1 year ago