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Pavlova-9 [17]
3 years ago
9

As a production manager, George is accountable for resource budgets that are highly sensitive to overtime pay rates. As a sales

manager, Lucas needs to meet customer delivery schedules at all costs to avoid losing contracts that drive his commissions. The conflict that arises between these managers is the result of _________.A. unobtrusive power.
B. overlapping authority.
C. status inconsistencies.
D. distributed negotiation.
E. different evaluation and reward systems.
Business
2 answers:
Klio2033 [76]3 years ago
5 0

Answer:

The answer to this question is Option E. different evaluation and reward systems.

Explanation:

As a production manager, George is accountable for resource budgets that are highly sensitive to overtime pay rates. As a sales manager, Lucas needs to meet customer delivery schedules at all costs to avoid losing contracts that drive his commissions. The conflict that arises between these managers is the result of different evaluation and reward systems.

Nostrana [21]3 years ago
4 0

Answer:

E) different evaluation and reward systems.

Explanation:

In this scenario, George is evaluated according to productive standards, specially following the production budget which generally requires to minimize overtime pay.

On the other hand, Lucas is evaluated based on his sales performance, which means his team must sell the largest possible amount of goods.

The problem is that sometimes Lucas's needs will be in conflict with George's needs, e.g. A customer requires a large amount of merchandise that is not readily available. Lucas needs George to make his workers work overtime, but that would increase George's costs. Since George doesn't benefit, instead he is hurt by that overtime work, he will refuse to do it. That may result in Lucas losing that big sale.

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Blight Financial has an investment in bonds issued by Searing Industries that are classified as trading securities. At December
Paul [167]

Answer:

b. Credit to Fair value adjustment for $5,000

Explanation:

Particulars                                Amount

Beginning balance of fair value adjustment   $20,000

Less: Unrealized gain on Dec 31, year 3         <u>$15,000</u>  ($515,000-$500,000)

Credit to Fair value adjustment                      <u>$5,000</u>

So, Credit to Fair value adjustment for $5,000 will be included in the related journal entry dated December 31, Year 3.

7 0
3 years ago
Sheffield Corp. determines that 53000 pounds of direct materials are needed for production in July. There are 3100 pounds of dir
zvonat [6]

Answer:

Budgeted total cost of Direct Material purchases ($) =$ 157,800

Explanation:

<em>Raw material purchase budget is determined by adjusting the raw material usage budget for opening and closing inventory of materials. </em>

Purchase budget = usage budgeted + closing inventory - Opening inventory

Material purchase budget = 53,000 + 2,700 - 3,100= 52,600  pounds

Note the closing inventory represents the stock of materials needed to be kept, hence it will increase the purchase budget. So we added.

On the other hand hands, the opening inventory represented what already existed , hence we subtracted it as it will reduce what will be required.

Material purchase budget ($) = purchase budget in quantity × standard price per quantity

Material purchase budget = 52,600 × $3 = $ 157,800

Budgeted total cost of Direct Material purchases ($) =$ 157,800  

8 0
3 years ago
Brown Co. pays weekly salaries of $10,500 on Friday for a five-day workweek ending on that day. Assuming the end of the accounti
ra1l [238]

Answer:

c.credit to Wages Payable for $6,300.

Explanation:

The journal entry to record the wages expense is shown below;

Wages expense dr ($10,500 × 3 ÷ 5) $6,300

      To Wages payable $6,300

(being the wages expense is recorded)

Here the wages expense is debited as it increased the expense and credited the wages payable as it increased the liabilities

8 0
3 years ago
Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,920 and two j
Tanya [424]

Answer:

job 429 -WIP      3040 debit

job 430 -WIP      4020 debit

job 431 -WIP       4740 debit

factory overhead 900 debit

     raw materials             12,700 credit

--to record materials requisions--

job 429 -WIP      2,300 debit

job 430 -WIP      3,400 debit

job 431 -WIP       7,900 debit

factory overhead 1,310 debit

     wages payables            14,910 credit

--to record wages tickets--

job 429 -WIP      1,426 debit

job 430 -WIP      2,046 debit

job 431 -WIP       4,898 debit

     factory overhead            8,370 credit

--to record applied overhead--

Explanation:

job 429 -WIP:  2300 x 62% =  1,426

job 430 -WIP:  3400 x 62% = 2,046

job 431  -WIP:  7900 x 62% = 4,898

total overhead: 8,370

7 0
3 years ago
The term ____________________ refers to a market exchange that affects a third party who is outside or external to the exchange.
Flauer [41]

Answer: B. spillover

Explanation:

A Spillover is used to refer to the effects of an Externality which is what happens when a market exchange leads to effects on a third party that was not party to a transaction between the contracting parties.

The activities that result from the transaction spillover to the third party and can be either negative or positive. A negative spillover would be countries in Africa getting harsher global warming effects due to companies in china polluting the atmosphere.

5 0
3 years ago
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