Answer: The total job cost for this job is: <u>$74 600.</u>
Explanation: The total job cost for this job is given by the sum of Direct materials, Direct labor, and overhead, so we only have to calculate overhead:
Direct materials = $13 500.
Direct labor = $23 500.
Overhead = $23500 x (1,60) = $37 600.
<u>$13500 + $23 500 + $37 600 = $74 600.</u>
Answer:
True
Explanation:
Routinized response behavior is the decision making process used by consumers when they buy frequently purchased, low cost items that require very little search and decision effort.
Convenience goods are low cost goods that are purchased frequently with very little search and decision effort, e.g. candy, cold drinks, etc.
Answer:
Direct
Explanation:
There are different types of conversion systems. Example includes the direct conversion and parallel conversion.
In this conversion system, users stops using the old system one day and starts using the next system the next.
Its requires fewer resources and is simple if nothing goes wrong. Risk involved mostly if the hardware and software are old or at a cutting edge.
Direct conversion is said to be an abrupt change where the the old system is simply unplugged and the new system is turned on. It does not allow users with any choice but to work with the new system. It is said to be risky and least cost.
Dynamic Production Services net income for the year is $40,000.00
[$100,000.00 (revenues) - $60,000.00 (expenses) = $40,000.00]
Answer:
a. Staffing the organization, building core competencies, and structuring the organization and work effort
Explanation:
Staffing is the management function undertaken with an objective to hire right people for the most suitable job position, and keeping filled organizational positions throughout.
A core competency refers to those unique capabilities an organization builds over time owing to innovation, creativity or efficient resource management, which yields competitive advantage to the organization. A core competency cannot be easily imitated by the rival firms and provides competitive edge to the firm who possesses it.
Organizational structure would define the hierarchy and define reporting responsibilities of it's employees, the extent of delegation of tasks and the organizational culture.
Thus for an organization to be capable of executing good strategy, the above three are a requisite.