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3 years ago

The contrast error is committed when the rates rate people:

Business

1 answer:

serious [3.7K]3 years ago

5 0

Answer:

d) relative to others instead of against performance standards.

Explanation:

Contrast error is one that occurs during performance rating where a person is not rated objectively, but against previous people who performed good or badly.

The person's ratings is affected negatively or positively.

A person that performs well subconsciously sets a benchmark in the mind of the rater, and he now rates future participants based on this benchmark and not on performance standards that have been set.

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Iaukea Company makes two products from a common input. Joint processing costs up to the split-off point total $47,000 a year. Th

iris [78.8K]

Answer:

Product Net monetary advantage

X (800)

Y 1,000

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all costs incurred up to the split-off point are irrelevant to the decision to process further .

Product X

Additional sales revenue from further processing

( 47,000-25,400) 21600

Further processing cost (22,400)

Net monetary advantage (800)

Product Y

Additional sales revenue from further processing

( 54,700-37,000) 17,700

Further processing cost (16,700)

Net monetary advantage 1,000

Product Net monetary advantage

X (800)

Y 1,000

7 0

3 years ago

You are evaluating two different silicon wafer milling machines. The Techron I costs $276,000, has a three-year life, and has pr

kramer

Answer:

Techron I

-$154,842

Techron II

-$144,981

Explanation:

Techron I

Cash Flow From Year 1 to Year 3

Pretax operating costs ($75,000)

Depreciation ($276,000 / 3) ($92,000)

Profit before tax ($167,000)

Tax (21% x $167,000) $35,070

Profit after tax ($131,930)

Add back Depreciation $92,000

Cash Flow after tax ($39,930)

Terminal Value = Salvage value - Tax = $52,000 - ($52,000 x 21%) = $41,080

NPV = ($276,000) + [ (39,930) x (1+12%)^-1] + [ (39,930) x (1+12%)^-2] + [ (39,930) x (1+12%)^-3] = ($276,000) + ($35,652) + ($31,832) + ($28,421) = ($371,905)

EAC = NPV/(1-(1+r)^-n)/r

EAC = -371,905 / ( 1 - ( 1 + 12% )^-3/12% = -$154,842

Techron II

Cash Flow From Year 1 to Year 3

Pretax operating costs ($48,000)

Depreciation ($480,000 / 5) ($96,000)

Profit before tax ($144,000)

Tax (21% x $167,000) $30,240

Profit after tax ($113,760)

Add back Depreciation $96,000

Cash Flow after tax ($17,746)

Terminal Value = Salvage value - Tax = $52,000 - ($52,000 x 21%) = $41,080

NPV = ($480,000) + [ (17,746) x (1+12%)^-1] + [ (17,746) x (1+12%)^-2] + [ (17,746) x (1+12%)^-3] = ($480,000) + ($15,845) + ($14,147) + ($12631) = ($522,623)

EAC = NPV/(1-(1+r)^-n)/r

EAC = -522,623 / ( 1 - ( 1 + 12% )^-5/12% = -$144,981

7 0

3 years ago

If monopolistic competitors must expect a process of entry and exit like perfectly competitive firms, Group of answer choices

Colt1911 [192]

Answer:

D. they will be unable to earn higher-than-normal profits in the long run.

Explanation: A monopolistic competition is a form of imperfect Competition where many firms that are located within a give market are known to offer similar products to the markets that are not enough to qualify them as a perfect close Substitute (the Purchase of one of the close Substitute does not necessarily prevent the purchase of another). in this type of imperfect Competition the possibility of a barrier to entry or exit is generally low.

6 0

4 years ago

Read 2 more answers

In the following situation, imagine you are a waiter at a restaurant. See if you can put this list of tasks in

MArishka [77]

Answer:

1. Answer a customer's question

2.Take someone's order

3.Bring out an order of food

4 Cleae a table

5.Fold napkins

5 0

3 years ago

Tamika has conducted a series of performance tests on several different prototypes of her company's new product, and wants to pe

Gennadij [26K]

Answer:

statistical software

Explanation:

Statistical software -

It refers to the specially designed programs of the computer , which is capable to very efficiently collect , interpret , organize and design the data , is referred to as statistical software .

There are two type of statistical softwares -

inferential statistics

descriptive statistics

The advantage of these software are -

These software are very beneficial in business , during any major project work.

Plan the project in a better manner .

Random data can be easily analysed by these software .

The efficiency is very high .

3 0

3 years ago