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Artyom0805 [142]
4 years ago
11

Wilma needed to fill a position that had been open for several weeks. she knew what her perfect candidate would be like but so f

ar no one had met her standards. with time running? out, she hired the first candidate who minimally fulfilled her requirements. what? decision-making method did wilma? use?
Business
1 answer:
s2008m [1.1K]4 years ago
7 0
The decision making method that Wilma uses is the bounded rationality. It is a type of decision making with only a short time they acquire in deciding up decisions in which Wilma has been doing in the scenario above. This type of decision making also allows a person to decide with only the few decisions that couldn't suffice them. This decision making is being portrayed in the given scenario above.
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Lamp Corp. manufactures wooden desks. Production consists of three processes: cutting, assembly, and finishing. The following co
Liono4ka [1.6K]

Answer:

See the journal entry be;ow.

Explanation:

Given:

                                Cutting        Assembly        Finishing

Direct materials        $7,000         $10,000           $3,000

Direct labor                 3,000           14,000             2,000

Applied overhead      4,000            5,000              6,000

Therefore, the journal entry to assign costs incurred in the assembly process would be as follows:

<u>Details                                    Debit ($)           Credit ($)        </u>

Work in process                      10,000  

Direct material                                                   10,000

<em><u>(To record cost of direct material.)                                          </u></em>

Work in process                     14,000  

Wages payable                                                  14,000

<u><em>(To record direct labor cost.)                                                    </em></u>

Work in process                     5,000  

Manufacturing overhead                                   5,000

<u><em>(To record manufacturing overhead.)                                       </em></u>

3 0
3 years ago
On January 1, 2021, Legion Company sold $270,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December
BabaBlast [244]

Answer:

Interest expense = $8453

Explanation:

We can calculate Bond interest expense by multiplying Carrying value of the bond with the effective interest rate and the period of time,

DATA

Carrying value of bond = $169,056

Effective interest rate = 10%

Period of time = 6 months

Interest expense =?

Calculation

Interest expense = Carrying value x Effective interest rate x Time period

Interest expense = $169,056 x 10% x \frac{6months}{12months}

Interest expense = $8453

3 0
3 years ago
The _____ is used to measure price changes in commonly used goods and services, such as food and housing. real inflation, hyperi
Marina CMI [18]
Consumer price index is correct hope i am brainliest i need it 
5 0
3 years ago
Which source of funds refers to the money raised by corporations through stock markets
liubo4ka [24]

Answer:

Capital Funds/Equity Capital

Explanation:

A company can raise their overall capital by selling off parts of the company in the form of stocks in which then people become shareholders, most of the time called investors. This is know as Equity Funding.

7 0
3 years ago
If the wage rate decreases from $17 to $13, by how much will the firm expand employment?
statuscvo [17]

Option D. If the wage rate should decrease from $17 to $13, the firm is going to expand by a total of 2 workers.

<h3>What is the wage rate?</h3>

This can be defined as the amount of money that is used to pay for labor. The wage rate is the base wage that is paid to a worker at a time based on the unit of work that they have done in an establishment. It is the amount that is paid based on a person's output.

<h3>How to solve for the wage rate</h3>

We have to solve for the expanse in employment by first considering the rate that is to be paid for an extra unit of labor

Hence if the firm should decrease wage rate the number of workers that would be available at 17 dollars = 6 workers

At 13 dollars = 4 workers

Hence the change would be solved as

6 workers - 4 workers

= 2 workers

Hence we have to conclude that the firm would have to expand labor by a total of two workers.

Read more on wage rate here:

brainly.com/question/17236532

#SPJ1

5 0
2 years ago
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