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padilas [110]
3 years ago
12

Zachary, a manager at ExecuComp, receives quarterly reports, which track his department's production statistics. However, these

reports lack key information regarding reject rates. Which of the following components of the control model need improvement?
a. Measuring actual performance
b. The planning and setting of performance standards
c. SWOT analysis
d. The ability to take corrective action when necessary
e. All of these
Business
2 answers:
makkiz [27]3 years ago
6 0

Answer: measuring actual performance

Explanation: Measuring is the first step in the control cycle. Many employment and tasks can be expressed in concrete and observable terms.

Managers often use a number of information sources to assess actual performance, such as personal observations, statistical reports, oral reports, and written reports.

In the given case, Zachary is using a report that lacks relevance relative to the measurement criteria. Hence from the above we can conclude that the correct option is A.

Lena [83]3 years ago
4 0

Answer:

a. Measuring actual performance

Explanation:

The department receives the performance report which summarizes the actual performance, but as the report does not include the rejected rates that means the department shall be considering the rates also.

The department shall consider the measuring of actual performance by themselves also.

This shall not be left up on the statistics received. Rather if the calculations are done previously, it shall be a reconciliation between the own report and that of the statistics.

This shall help them to improve their performance.

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As Malta got ready for its admittance into the European Union (EU), the EU removed all taxes on the importation of goods manufac
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Answer and Explanation:

d. tariffs

5 0
3 years ago
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Pretzelmania, Inc., issues 6%, 10-year bonds with a face amount of $63,000 for $58,523 on January 1, 2018. The market interest r
Mamont248 [21]

Answer:

Please refer to the below for Journal entries

Explanation:

The journal entries are seen below

1. Cash A/c Dr $58,523

Discount on bond payable A/c Cr $4,477

To bonds payable A/c Cr $63,000

(Being the issuance of bond that is recorded)

2. Interest expense A/c Dr $2,048

To discount payable A/c Cr $158

To cash A/c Cr $1,890

(Being the first interest payment that is recorded)

Note:

Interest expense

= $58,523 × 7% × 6 months ÷ 12

= $2,048

Cash

= $63,000 × 6% × 6 months ÷ 12

= $1,890

4 0
3 years ago
I made a kahoot game that I had to do for my class. Can someone join it and tell me if its good or not?
hammer [34]

Answer:

Yes I Will Join

Explanation:

7 0
3 years ago
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The following cost data for the year just ended pertain to Heartstrings, Inc., a greeting card manufacturer: Service department
Afina-wow [57]

Answer:

Explanation:

Giving the following information:

Service department costs= $ 100,000: Period

Direct labor: wages 485,000: Product - DL

Direct labor: fringe benefits 96,000: Product - DL

Indirect labor: fringe benefits 31,000: Product - MOH

Fringe benefits for production supervisor 10,000: Product - MOH

Total overtime premiums paid 55,000: Product - DL

Cost of idle time: production employees 40,000: Product - DL

Administrative costs 150,000: Period

Rental of office space for sales personnel 15,000: Period

Sales commissions 6,000: Period

Product promotion costs 10,000: Period

Direct material used 2,100,000: Product - DM

Advertising expense 97,000: Period

Depreciation on factory building 116,000: Product - MOH

Cost of finished-goods inventory at year-end 115,000

Indirect labor: wages 141,000: Product - MOH

Production supervisor’s salary $ 46,000: Product - MOH

First, we will classify each cost as product/ period, and Direct Material (DM), Direct Labor (DL) and manufacturing overhead (MOH).

A) Prime costs= direct material + direct labor

Prime costs= 2,100,000 + (485,000 + 96,000 + 55,000 + 40,000)

Prime costs= 2,100,00 + 676000= 2,776,000

B) Manufacturing overhead= 31000 + 10000 + 116000 + 141000 + 46000= $344,000

C) conversion cost= direct labor + manufacturing overhead

CC= 676000 + 344000= 1,020,000

D) Product costs= DM + DL + MOH= 2100000+676000+344000= $3,120,000

E) Period cost= 100000 + 150000 + 15000 + 6000 + 10000 + 97000= $378,000

5 0
3 years ago
Delta Diamonds uses a periodic inventory system. The company had five one-carat diamonds available for sale this year: one was p
Over [174]

Answer:

$1150

Explanation:

The ending inventory of Delta diamond using specific identification method will be

Date                         Purchase                     Cost

June 1                     one purchase               $500

July 9                    Two purchase                $600

September 23       Three purchase            $650

-------------------------------------------------------------------------------------

Total cost of goods available for sale       $1750

Less: Cost of goods sold                      -$600

===================================================

Ending inventory                                        $1150

8 0
3 years ago
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