Answer:
$5,200
Explanation:
Annual price for each subscription is $104 covering the period from July 1 to June 30 (that is 52 weeks).
Half of this period fall in the current calendar year. i.e. July 1 to December 31 = 26 weeks.
Therefore, the amount to be recognized in the current calendar year is half the total subscription fee.
Total subscription fee = $104 * 100 renewals = $10,400.
There, half of that which will be recognized in the current calendar year
= 50% of $10,400
= $5,200.
Answer:
$30
Explanation:
The computation of the contribution margin is shown below:
Contribution margin = Sales - Variable cost
where,
Sales = Units sold × Market price
= 15 units × $10
= $150
And,
Variable cost = Units sold × AVC
= 15 units × $8
= $120
Now placing these values to the above formula
= $150 - $120
= $30
We simply applied the above formula
Answer:
The correct answer is C: scientific management
Explanation:
The scientific management theory was created by F.W. Taylor and counted with the inputs by Frank and Lillian Gilbreth, Henry L. Gantt and Emerson. Taylor postulated that management was chaotic and inefficient at the time. Therefore tried to find out the basic principles of management by using time and work-study, detailed analysis, investigation and planning of work allocation. It is known as scientific management because systematized knowledge is used for work allocation and assignment of specific jobs. The salary, wages, etc. are to be decided as per the work performance of individuals.
The main features of scientific management are:
Scientific Selection of Personnel: Selecting suitable persons for the job. People have different capacities and attitudes and therefore are selected for the job best suited to them.
Incentives: <u>Workers are inspired to perform the job if they are paid according to their contributions. </u>
Functional Foremanship: T<u>he supervisor has functional authority. He guides and directs the way of performing the job. </u>
Specialization: It points out the managerial and non-managerial functions.
Coordination: The management should organize the activities in such a way that it can perform its activities effectively. Coordination between workers and managers as well as amongst themselves is essential.
Economic Performance. Workers are considered economic beings. They utilize physical resources in the best manner possible in order to get maximum production out of human and physical resources.
Work Order. Workers perform their jobs in a systematic order. This helps workers achieve maximum utilization of the capacities and resources available to them.
Answer:
$780,000
Explanation:
Calculation for the market value of the property
Using this formula
Market Value=Assessed property/Equalization rate
Let plug in the formula
Market Value=$39,000/0.05
Market Value=$780,000
Therefore the market value of the property will be $780,000
<span>a similar position in the same company with the same pay as their old jobs.</span>
