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3 years ago

Some managers encourage employees to make their own decisions. This type of management is called _____

Business

2 answers:

nataly862011 [7]3 years ago

7 0

This type of decision making is Democratic

iogann1982 [59]3 years ago

7 0

Answer:

The correct answer is letter "C": laissez-faire.

Explanation:

Laissez-Faire management is the technique in which leaders provide subordinates the responsibility of making their own decisions. Usually, high-rank executives provide workers the resources needed for them to do their job but there is little to no guidance from them after that. This approach is said to be one that leads to low productivity. Though, the technique should be applied according to the situation that the organization is facing.

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If the variable overhead efficiency variance is $500 unfavorable and the variable overhead spending variance is $100 favorable,

Vera_Pavlovna [14]

Answer:

a. Debit to variable overhead efficiency variance

d. Credit to variable overhead spending varian

Explanation:

Based on the information given in a situation where a variable overhead efficiency variance is UNFAVORABLE it will be DEBITED and variable overhead spending variance that is FAVOURABLE will be CREDITED.

Therefore the journal entry will include a:

a. Debit to variable overhead efficiency variance

d. Credit to variable overhead spending Variance

7 0

2 years ago

Raugust-Mathwig, Inc., a corporation, was the sole general partner of a limited partnership. Calvin Raugust was the major shareh

shusha [124]

Answer:

Explanation:

Base on the scenario been described in the question, Molander can only recover against the assets of the limited

partnership and its corporate general and limited partners. He cannot recover against Calvin

Raugust personally. Under limited partnership law, a limited partnership is liable on its own

contracts; in addition, the general partner is individually liable for the debts and obligations of a

limited partnership. Limited partners may be held liable for the obligations of the limited

partnership if the limited partnership has been defectively formed. Otherwise, limited partners’

liability is limited to their capital contribution to the limited partnership.

6 0

3 years ago

Green et al. (2005) estimate that the demand elasticity is minus0.47 and the long-run supply elasticity is 12.0 for almonds. T

Ronch [10]

Answer:

The numeric response for the question using real numbers rounded to one decimal place is given as below.

Explanation:

Tax incidence for almonds is (12 / (12 + 0.47)) = 0.96

for cotton (0.73 / (0.73 + 0.68)) = 0.52 and

for processing tomatoes is (0.64 / (0.64 + 0.26)) = 0.71

5 0

3 years ago

During March, Hanks Manufacturing started and completed 30,000 units. In beginning work in process, there were 5,000 units 60 pe

Delvig [45]

Answer:

Equivalent units

Materials= 40,000 units

Conversion= 36,000 units

Explanation:

Equivalent units are notional whole units which represent incomplete work and are used to apportion cost between work progress and completed work

Equivalent units = Degree of work done(%) × units of inventory

Conversion cost

Item equivalent units

Opening inventory 40% × 5,000 = 2,000

Fully worked units 100% × 30,000= 30,000

Closing inventory 40%× 10,000= 4,000

Total equivalent unit 36,000

Notes

The following notes explains the computation of the items of equivalent unit for conversion cost:

1. DOC for opening inventory is 40% i.e 100%-60%. Remember that 60% work has been done in the previous period, so the balance is to be done in this current period

2. Fully work represent the units of inventory introduced in the current period and completed in the same period. Meaning 100% work was achieved in the period.

3. Closing work is only 40% completed. This represent work started this period but not yet completed.

Material cost

Item equivalent units

Opening inventory 0% × 5,000 = 0

Fully worked units 100% × 30,000= 30,000

Closing inventory 100%× 10,000= 10,000

Total equivalent unit 40,000

Notes

The following notes explains the computation of the items of equivalent unit for Material cost:

1. DOC for opening inventory is 0% i.e 100%-1000%. Remember that materials are added at the beginning. Hence all the materials required for the opening inventory had been added in the previous period

2. Fully work represent the units of inventory introduced in the current period and completed in the same period. Meaning 100% materials was added in the period.

3. All the materials required for the closing inventory were added in this period, hence, 100% degree of completion was used

Equivalent units

Materials= 40,000 units

Conversion= 36,000 units

5 0

3 years ago

John complained to his buddy, frank, that prices have increased a lot over the past year. frank disagreed, saying that the price

Vladimir [108]

frank and john can refer to the Gross Domestic Product (GDP) to understand how government economists view the price situation, GDP accounts for changes in price level and provide a more accurate figure of economic activities over a given period of time.

8 0

2 years ago