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3 years ago

The knowledge that employees can typically learn only through experience is called:

1 answer:

5 0

The knowledge that employees can typically learn only through experience is called Tacit knowledge. Unlike Explicit knowledge, Tacit knowledge is not easily communicated Often very difficult to explain how/why you have this knowledge.Explicit knowledge is relatively easily communicated knowledge; the kind of information you are likely to think about when you picture someone sitting down at a desk to learn.

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For the current interest period, Jones Corporation's accountant correctly recognized interest expense of $7,350 relating to Jone

Xelga [282]

Answer:

Journal entry recording the interest

Debit Credit

Interest Expense $7,350

Cash $7,000

Interest Payable $350

As $7,000 is paid from the total expense of $7,350. Remaining interest of $350 is recorded as liability in interest payable account.

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3 years ago

A firm spends a great deal of money in advertising to inform consumers of the brand name of its mushrooms. Should consumers conc

djyliett [7]

Answer: B. Yes. Branding allows the mushrooms to be easily identified in the future. Thus, if they were of inferior quality, the company would lose customers and go out of business over time.

Explanation:

Branding is a way of making sure that your product is easily identifiable over other products.

When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.

It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.

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3 years ago

A firm is dependent on which of these to help it make decisions about production?

Delvig [45]

What r ur choices bud u dont have choices

6 0

3 years ago

Read 2 more answers

from a marginal analysis perspective, what is the inventory carry cost for andrews if the company carries one additional unit of

ryzh [129]

Inventory carrying cost means total expenses incurred while storing an unsold good.

<h3>What is Inventory carry cost?</h3>

Basically, an Inventory carry cost means the total holding cost for holding an inventory which includes the cost of capital, warehousing, depreciation, insurance, taxation, obsolescence, opportunity cost.

In other word, the Inventory carrying cost means the total expenses incurred while storing an unsold good.

Read more about Inventory carrying cost

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2 years ago

erry Inc. manufactures machine parts for aircraft engines. CEO Bucky Walters is considering an offer from a subcontractor to pro

Tju [1.3M]

Answer:

The Company will use the 64 unit cost for the make scenario

and use the 54 for the buy plus the fixed cost (6x 2000)

In the short term, when the fixed cost are unavoidable, the operating profit will increase to 6,000

in the long-term, the operating profit will increase to 18,000

Explanation:

Direct Materials 27

Direct Labor 16

Variable Overhead 14

Fixed Overhead 6

Total unit cost 63

Total Variable Cost 57

Offered Unit cost

108,000/2,000 = 54

Unit Cost $63.00 $54.00 $9.00

Total Cost $126,000.00 $108,000.00 $18,000.00

Unavoidable Fixed Cost $12,000.00 -$12,000.00

Total Cost $126,000.00 $120,000.00 $6,000.00

8 0

3 years ago