Goals need to have clarity so that there is no misunderstanding of what is expected. There should be clear measurable outcomes that help employees stay o track.
Goals should be challenging enough to make employees work but should not be unreasonable. This helps employees feel important and that they are not just completing menial tasks.
Answer: -$487.50
Explanation:
Last year income = Sales - Operating Costs - Depreciation - Interest
= 10,500 - 6,250 - 1,300 - ( 5,000 * 6.5%)
= $2,625 - tax
= 2,625 - ( 2,625 * 35%)
= $1,706.25
This year income = Sales - Operating Costs - Depreciation - Interest
= 10,500 - 6,250 - (1,300 + 750) - ( 5,000 * 6.5%)
= $1,875
= 1,875 - ( 1,875 * 35%)
= $1,218.75
Difference = This year income - Last year
= 1,218.75 - 1,706.25
= -$487.50
Answer:
$510,130
Explanation:
Costs can be classified into two categories: Product Costs and Period Costs. Product costs are the manufacturing costs that are incurred in the production of goods and services. Under absorption costing, product costs include direct materials, direct labor, indirect materials, indirect labor, and other factory overhead. These costs are capitalized and expensed out when related goods and services are sold out.
On the other hand, period costs are selling & administrative expenses. These costs are never capitalized and expensed out in the statement of profit or loss as soon as incurred. Examples of period costs are advertisement expenses, depreciation expenses (not related to factory), sales commissions, administrative salaries and wages.
<u>Calculation of Period Costs</u>
Advertising costs $12,000
CEO's salary 460,000
Delivery vehicle depreciation 1,230
Administrative wages and salaries 36,900
Total Period Costs $510,130
Answer: (2) Conformity
Explanation:
The conformity is one of the principle value and it basically refers to the behavior, attitude and the beliefs for the social and the political group.
The term conformity is basically used to describe the person behavior and also beliefs so that the person are able to fit in the specific groups.
It is the process of matching the norms that are implicit and shared by the individual groups for the interaction and this principle value are adversely affected.
Therefore, Option (2) is correct.
<span>The fundamental limitation of a matrix structure is that it institutes a dual hierarchy that violates the unity-of-command principle</span>
