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madam [21]
3 years ago
15

Jose is from Brazil and is currently enrolled in an MBA program at a U.S. university. He routinely comes to class 30-60 minutes

late and does not turn in assignments by the deadline. One of his professors pulled him aside and asked him why he's always late for class and turns his work in late. Jose was surprised that his professor was bothered by this as this behavior is entirely acceptable in Brazil. In fact, it's expected. Which of the following best describes Jose's time perspective?
a. spontaneous
b. parallel
c. monochronic
d. polychronic
e. variable
Business
1 answer:
iren2701 [21]3 years ago
6 0

Answer:

The correct answer is d. polychronic .

Explanation:

The polycronic time is related to the time where it is about executing several tasks at the same time, the work is constantly interrupted, the commitments are fulfilled if possible and constant changes are made in the planning.

Millions of dollars are lost annually, because people mistakenly believe that being a polycronic turns them into "multitasking", a theory that was proven a few years ago, where it was concluded that only 2% of the Population is.

This means that if you are a polycronic, you can lose up to 60% of your productivity due to lack of planning, interruptions and lost time due to switching between tasks, since it takes a long time to resume something unfinished just at the point where it was left, This will necessarily require a mental review to remember where you stayed.

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This information relates to Pickert Real Estate Agency.
nikitadnepr [17]

Answer:

The debit-credit analysis for each transaction is given below.

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No effect (As hiring is not a transaction)

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Credit Account Payable     $ 4,600

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Debit Commision Receivable        $ 10,800

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Oct. 10 Receives cash of $140 as commission for acting as rental agent renting an apartment.

Debit Cash Asset                                    $ 140

Credit Rental Commission Income         $ 140

Oct. 27 Pays $700 on account for the office furniture purchased on October 3.

Debit Account Payabe     $ 700

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Oct. 30 Pays the administrative assistant $3,500 in salary for October.

Debit Salary Expense      $ 3,500

Credit Cash                       $ 3,500

7 0
3 years ago
Let’s say you are a defense attorney and are defending a client on a murder charge. The victim was found in a dark alley. A witn
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As mentioned the alley was dark. So it is possible that there was someone else at the crime scene and the witness is mistaken to be that man. It is quite possible to see someone in the dark and mistaken them for someone else. As the alley was dark, eye witness testimony is not reliable.

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3 years ago
Information for Jersey Metalworks as of December 31 follows. Prepare (a) the company's schedule of cost of goods manufactured fo
liraira [26]

Answer and Explanation:

a. The Preparation of cost of goods manufactured for the year ended December 31 is prepared below:-

                            <u>Jersey Metalworks</u>

                    <u> Cost of goods manufactured </u>

                   <u>for the year ended December 31</u>

<u>Particulars                                                     Amount</u>

Direct materials

Raw materials, January 1                $32,000

Add:

Raw materials purchases               $325,000

Raw materials available                  $357,000

Less raw materials, December 31  $28,000

Direct materials used                                        $329,000

Direct labor                                                        $268,000

Factory overhead costs:

Depreciation expense-

Factory equipment                      $52,400

Factory supplies used                $12,000

Indirect labor                               $35,000

Indirect material                          $24,000

Factory insurance                       $15,500

Factory utilities                           $14,000

Factory maintenance                  $7,500

Rent expense—Factory              $50,000

Total factory overhead costs                        $210,400

Total manufacturing costs                             $807,400

Add:

Work in Process inventory, January 1           $33,780

Total cost of work in Process                        $841,180

Less work in Process inventory,

December 31                                                   $37,460

Cost of goods manufactured                     $803,720

b.The Preparation of income statement is prepared below:-

                            <u>Jersey Metalworks</u>

                    <u> Cost of goods manufactured </u>

                   <u>for the year ended December 31</u>

<u>Particulars                                                     Amount</u>

Sales                                                          $1,452,000

Less: sales discounts                                 $29,000

Net sales                                                     $1,423,000

Cost of Goods Sold

Finished goods inventory,

January 1                                  $56,970

Cost of goods manufactured  $803,720

Goods available for sale          $860,690

Less finished goods inventory,

December 31                             $62,000

Cost of Goods Sold                                         $798,690

Gross Profit                                                      $624,310

Operating expenses

Selling expenses

Sales salaries expense              $97,500

Depreciation expense - Delivery

vehicles                                      $36,200

Advertising expense                  $22,350

Rent expense-Selling space      $24,000

Total selling expenses                                     $180,050

General and administrative expenses    

Administrative salaries expense  $135,000

Depreciation expense- Office

equipment                                     $24,800

Rent expense-Office space         $24,000

Total general and administrative

expenses                                                           $183,800

Total operating expenses                                 $363,850

Income before taxes                                          $260,460

Income taxes expense                                       $91,500

Net Income                                                         $168,960

We simply applied the above format to prepare the cost of goods manufactured and the income tax

7 0
3 years ago
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