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artcher [175]
4 years ago
14

You are tasked with hiring a new systems analyst at your company. one candidate has excellent technical credentials, but does no

t think customer service is important. a second candidate has excellent customer service credentials and fair technical skills. which candidate
Business
1 answer:
Leya [2.2K]4 years ago
8 0

I would hire the first candidate. However, in today’s world everything you say is being recorded or somebody is paying close attention to what you, as a representative of a company has to say. If an employee does not feel that customer service is important I would see that as a liability because they may not censor themselves in front of customers. That being said, having good technical skills is important to do the job you were hired in the first place. Before hiring either employee I would do a stress test and see how each employee reacts to the scenarios in which they were put.
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For 2017, P Co. estimated its two-year equipment warranty costs based on $23 per unit sold in 2017. Experience during 2018 indic
goblinko [34]

Answer:

In 2018 income from continuing operations.

Explanation:

A variation in the accounting forecast impacts present and future periods and is not accounted for by repaying earlier periods. The adjustment in the warranty cost estimate is based on new information gained from experience which counts as an adjustment in the accounting estimate. The accounting change is part of continuing operations but is not recorded net of taxes.

Therefore first option is correct

5 0
3 years ago
Kaiser Industries has bonds on the market making annual payments, with 14 years to maturity, and selling for $1,382.01. At this
insens350 [35]

Answer: 12%

Explanation:

A coupon payment on a bond is simply the annual interest payment which the bondholder will get from the bond's issue date till the bond matures. It should be noted that coupons are described in their coupon rate, and this is calculated when one adds the sum of the coupons that are paid per year and then divide it by the face value to f the bond.

Im this case, we are told that Kaiser Industries has bonds on the market making annual payments, with 14 years to maturity, and selling for $1,382.01 and that at this price, the bonds yield 7.5 percent.

Using Excel, the coupon payment will be $120. The coupon rate will now be:

= Coupon payment/Face value

= 120/1000

= 0.12

= 12%

Therefore, the coupon rate is 12%

4 0
3 years ago
a. State the total monthly budgeted cost formula. b. Prepare a budget report for August using flexible budget data. Why does thi
Natalija [7]

Question Completion:  

Ratchet Company uses budgets in controlling costs. The August 2017 budget report for the company's Assembling

Department is as follows.          

Ratchet Company    

Budget Report    

Assembling Department    

For the Month Ended August 31, 2017    

           Difference    

           Favorable F    

Manufacturing Cost Budget     Actual          Unfavorable U    

Variable costs          

  Direct materials  $48,000  $47,000          $1,000 F    

  Direct labor           54,000    51,200           2,800 F    

  Indirect materials   24,000   24,200              200     U    

  Indirect labor    18,000    17,500              500 F    

  Utilities             15,000   14,900              100 F    

  Maintenance    12,000   12,400             400 U    

    Total variable   171,000        167,200          3,800 F    

Fixed costs          

  Rent            12,000  12,000                 0    

  Supervision           17,000  17,000                 0    

  Depreciation    6,000   6,000                 0    

    Total fixed         35,000        35,000                 0    

Total costs   $ 206,000  $ 202,200       $3,800 F    

The monthly budget amounts in the report were based on an expected production of 60,000 units per month or 720,000 units per year. The Assembling Department manager is pleased with the report and expects a raise,  or at least praise for a job well done. The company president, however, is unhappy with the results for August  because only 58,000 units were produced.        

Instructions            

(a) State the total monthly budgeted cost formula.        

(b) Prepare a budget report for August using flexible budget data. Why does this report provide a better basis for evaluating performance than the report based on static budget data?

Answer:

Ratchet Company

a. The total monthly budget cost formula is:

= $35,000 + $2.85x

where x = budgeted monthly units

b. Flexible Budget for August:

Ratchet Company    

Budget Report    

Assembling Department    

For the Month Ended August 31, 2017    

           Difference    

           Favorable F    

Manufacturing Cost Flexible     Actual          Unfavorable U    

Variable costs          

  Direct materials  $46,400    $47,000            $600 U    

  Direct labor           52,200    51,200            1,000 F    

  Indirect materials   23,200   24,200            1,000     U    

  Indirect labor    17,400    17,500               100 U    

  Utilities            14,500   14,900              400 U    

  Maintenance    11,600   12,400                       800 U    

    Total variable        165,300        167,200           1,900 U    

Fixed costs          

  Rent            12,000  12,000                 0    

  Supervision           17,000  17,000                 0    

  Depreciation    6,000   6,000                 0    

    Total fixed         35,000        35,000                 0    

Total costs    $200,300  $ 202,200       $1,900 U

c. A flexible budget report provides a better basis for evaluating the Assembly Department's performance as it uses the same activity level as the actual results with which the budget is compared.

Explanation:

a) Data and Calculations:

Flexing the variable costs:

Direct materials = $46,400 ($48,000/60,000 * 58,000)

Direct labor         52,200 (54,000/60,000 * 58,000)

Indirect materials  23,200 (24,000/60,000 * 58,000)

Indirect labor   17,400 (18,000/60,000 * 58,000)

Utilities   14,500 (15,000/60,000 * 58,000)

Maintenance  11,600 (12,000/60,000 * 58,000)

4 0
3 years ago
Your portfolio is 100 shares of Sunny Morning, Inc. The stock currently sells for $98.64 per share. The company has announced a
garik1379 [7]

worth of shares = 100×(98.64+3.72)

=10236

3 0
3 years ago
Once a firm is committed to an international expansion, it must decide where it wants to go. The venture capitalists present Caf
erastovalidia [21]

Answer:

In this case, the Nature of the business is "Food and Beverage". This kind of firm when tries for international business firstly has to focus on the "Cultural Side" of the country they want to the expansion of the business.

Every organization has its nature and methodologies of working for earning profits. So, when it comes to earning through the "Food and Beverage" area of the market one must be aware of the cultural impact area on the people and their food habits.

So, the investors, I would like to focus on the vision, mission, and message the Caffè Gustoso's provides to the customers and the market competitors.

6 0
3 years ago
Read 2 more answers
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