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3 years ago

Once a manager has identified a problem, he or she can generate alternatives to that problem. after this is done, the manager

1 answer:

3 0

<span>The manager will weigh the pros and cons of each alternative before implementing the solution. The manager should look at each alternative and list the benefits and the negatives for each alternative. After reviewing the list of benefits and negatives for each alternative, the manager can eliminate the alternatives that possess too many negatives or cons. The alternatives with the most benefits should be considered more carefully. The manager should then implement the alternatives with the most benefits or pros on a trial basis. The alternative with the best results is the one that is deemed useful, permanent and beneficial to the company.</span>

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based on this information, the amount of overhead allocated to a job that used 300 direct labor hours is $

Amiraneli [1.4K]

The amount of overhead allocated to a job that used 300 direct labor hours is $900.

<h3>Overhead allocated:</h3>

First step is to calculate the predetermined overhead rate per direct labor hour

Using this formula

Predetermined overhead rate=Estimated manufacturing overhead/Estimated direct labor hours

Predetermined overhead rate=$450,000/150,000

Second step is to calculate the overhead allocated

Overhead allocated=Predetermined overhead rate × Direct labor hours

Overhead allocated=$3×300

Overhead allocated=$900

Inconclusion the amount of overhead allocated to a job that used 300 direct labor hours is $900.

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3 0

2 years ago

The arrival of personal computer technology gave rise to client server networks that replaced traditional mainframe and minicomp

pishuonlain [190]

Answer:

The correct answer is letter "B": technological paradigm shift.

Explanation:

A paradigm shift takes place when the is a change in the methods and practices that were traditionally used and were conceived as main references due to the introduction of new ideas. Technological paradigm shifts are those caused by the creation of new technology that abruptly alters the market. For instance, the introduction of e-mails replaced faxes and courier services for mailing.

6 0

3 years ago

If I buy options contracts for a year out is that profitable instead of day trading/swing trading? Because day trading or swing

mrs_skeptik [129]

Answer:

Active traders often group themselves into two camps: the day traders and the swing traders. Both seek to profit from short-term stock movements (versus long-term investments), but which trading strategy is the better one? Here are the pros and cons of day trading versus swing trading.

8 0

2 years ago

Last year Dania Corporation's sales were $525 million. If sales grow at 10.5% per year, how large (in millions) will they be 8 y

Andru [333]

In 8 years, Dania Corporation's sales would be $936.33 million.

Solution:

Since last year sales = $525 million,

Let last year be Year 0

So, in year 0 = $525 million.

Sales grow = 7.5% per year,

Year 1,

525 x 1.075 = $564.375 million.

Year 2,

564.375 x 1.075 = $606.7 million

Year 3,

606.7 x 1.075 = $652.2 million

Year 4

652.2 x 1.075 = $701.12 million

Year 5

701.12 x 1.075 = $753.7 million

Year 6

753.7 x 1.075 = $810.23 million

Year 7

810.23 x 1.075 = $871 million

Finally in year 8

871 x 1.075 = $936.33 million

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3 0

2 years ago

Diane's Designs has two classes of stock authorized: 8%, $10 par value preferred and $1 par value common. As of January 1, 2021,

devlian [24]

Answer:

Common stock = $210,000

Preferred stock = $15,000

Additional paid in capital = $2,801,000

Treasury stock = $120,000

Retained earnings = $31,600

Explanation:

Diane's Designs has two classes of stock authorized: 8%, $10 par value preferred and $1 par value common.

As of January 1, 2021, the following accounts had the following balances: Common Stock $10,000, preferred stock $5,000, retained earnings was $9,600.

The following transactions affect stockholders' equity during 2021, its first year of operations: January 1-Dec. 31 Net Income $25,000

January 1 Issue 200,000 shares of common stock for $15 per share.

JOURNAL ENTRIES

Dr. Bank.......................3,000,000

Cr. Common stock.......................200,000

Cr. Additional Paid-in capital..2,800,000

February 6 Issue 1,000 shares of preferred stock for $11 per share.

JOURNAL ENTRIES

Dr. Bank.......................11,000

Cr. Preferred stock.......................10,000

Cr. Additional Paid-in capital.......1,000

October 10 Purchase 10,000 shares of its own common stock for $18 per share.

JOURNAL ENTRIES

Dr. Treasury Stock.......................180,000

Cr. Bank........................................................180,000

November 12 Resell 5,000 shares of treasury stock at $20 per share.

JOURNAL ENTRIES

Dr. Bank..............60,000

Cr. Treasury Stock.......................60,000

December 31 Paid dividends of $3,000

The closing balances can be computed as beginning balances + changes in the year = closing balances:

Common stock = 10,000 + 200,000 = $210,000

Preferred stock = 5,000 + 10,000 = $15,000

Additional paid in capital = 2,800,000 + 1,000 = $2,801,000

Treasury stock = 180,000 - 60,000 = $120,000

Retained earnings 9,600 + 25,000 - 3,000 = $31,600

8 0

2 years ago