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3 years ago

If a company hires too many employees and discovers later that it can't afford them, it may have to do what?

Business

2 answers:

Ivan3 years ago

5 0

It would be D. Lay off Employees

weeeeeb [17]3 years ago

3 0

The correct answer is D. Lay off employees

Explanation:

In companies, employees are individuals that receive payment and benefits in exchange for completing certain tasks or work for the company. Employees are one of the most important elements in companies because without them companies would not have profits or achieve their purposes. Despite this, companies need only the number of employees they can afford and are necessary for company purposes.

Due to this, if there are more employees the company can afford and this affects negatively the finances of the company, the most simple is to fire or lay off employees leaving only necessary employees. This is a difficult decision because it affects negatively those being hired, but it is necessary to avoid the company bankrupting.

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An electronics firm produces 45,000 calculators annually, and each calculator requires 2 nickel-cadmium batteries (so they use 9

Mila [183]

Answer:

$0.05

$18,600

30,000 units

Explanation:

Economic order quantity is the quantity at which business incur minimum cost. This is the level of order where the holding cost equals to the ordering cost of the business.

As per given data

Annual Demand = 90,000 batteries

Ordering cost = $250

Carrying cost = $0.046

Annual Holding cost = Holding cost per unit x Annual Demand = $0.046 x 90,000 batteries = $4,140

Opportunity cost = $0.046 X 110% = $0.05

Purchase cost = 90,000 x $0.14 = $12,600

Ordering cost = (90,000/15,000) x $250 = $1,500

Storage cost = $0.05 x 90,000 = $4,500

Total cost of Inventory = $12,600 + $1,500 + $4,500 = $18,600

EOQ = $\sqrt{\frac{2 X S X D}{H} }$

EOQ = $\sqrt{\frac{2 X 250 X 90000}{0.05} }$

EOQ = 30,000

8 0

3 years ago

Knowledge Check 01 Melas Company changed from the LIFO to the FIFO inventory costing method on January 1, Year 3. Inventory valu

NemiM [27]

Answer:

An adjustment to retained earnings is necessary when when there is a change from LIFO to FIFO.

Calculating the effect on retained earnings:

- In the year 1 company followed LIFO and recorded ending inventory at $177500. Had it followed FIFO it would have recorded at $195000. So there would be increase in income of $17500 (195000 - 177500).

- In year 2 it followed LIFO and recorded opening inventory at $177500 and closing inventory at $355000 and thereby recording Net closing stock of $177500 (355000 - 177500). Had it followed FIFO it would have recorded a net stock of $195000.(390000-195000). So there would be increase in income by of $17500 (195000 - 177500).

So in total of 2 years there would be an increase of $35000 Net income i.e., Retained earnings and increase in stock value of $35000.

The journal entry is:

Inventory A/c Dr $35,000

To Retained earnings A/c $35,000

Explanation:

4 0

3 years ago

MC Qu. 123 Fallow Corporation has... Fallow Corporation has two separate profit centers. The following information is available

Rzqust [24]

Answer:

$187,750

Explanation:

Computation for operating income for the West Division.

OPERATING INCOME FOR THE WEST DIVISION

Sales $450,000

Less Cost of goods sold ($155,000)

Gross profit $295,000

($450,000-155,000)

Less: Salary Expense ($51,000)

Allocated rent ($56,250)

($90,000 * 11250/18,000)

West Division income $187,750

Total area of both division = 11,250 + 6,750 = 18,000 square feet

Therefore operating income for the West Division is $187,750

7 0

3 years ago

[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have t

LuckyWell [14K]

[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have the cost amounts for two years. How would I do that?

3 0

3 years ago

In which document can the project manager (pm) find guidance for implementing earned value management (evm) contract management

Hoochie [10]

Guidance for implementing earned value management contract can be obtained from EARNED VALUE MANAGEMENT IMPLEMENTATION GUIDE.
Earned value management is a project management method for quantifying project performance. <span />

8 0

3 years ago