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Lina20 [59]
3 years ago
8

ALT Inc. conducts periodic reviews to assess the extent to which law firms support diversity in their activities. It uses this i

nformation to decide which law firms would be most suitable to represent it legally. This is an example of effective?
Business
1 answer:
Talja [164]3 years ago
5 0

Answer:

diversity management

Explanation:

Diversity management -

It refers to the action , whose main focus is to promote the process of including variation of employees into the organization , is referred to as diversity management .

The activity enable the company to be very inclusive and adapt various diversity , which enables to work in a very diverse environment , which increases the ideas and environment of the company .

Hence , from the given scenario of the question ,

The correct answer is diversity management .

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Ramona Company has the following labor-related data.Standard labor hours for output: 15,000 hoursStandard labor rate: $10 per ho
Alik [6]

Answer:

E. $25,000 unfavorable

Explanation:

The labor efficiency variance shall be calculated using the following formulas:

Labor efficiency variance=((Standard labor hours used to make the actual production )- (Actual labor hours used to make the actual production))* standard rate per hour

Standard labor hours used to make the actual production=15,000

Actual labor hours used to make the actual production=17,500

standard rate per hour=$10 per hour

Labour efficiency variance=(15,000-17,500)*10

                                           =25,000 unfavourable

So based on the above discussion, the answer shall be E. $25,000 unfavorable

8 0
3 years ago
Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Material
snow_lady [41]

Answer:

cost of goods manufactured= $730,920

Explanation:

Giving the following information:

Materials $167,500 $149,080

Work in process 112,230 99,880

Direct labor $301,500

Materials purchased during March 321,600

Factory overhead incurred during March:

Indirect labor 32,160

Machinery depreciation 19,430

Heat, light, and power 6,700

Supplies 5,360

Property taxes 4,690

Miscellaneous costs 8,710

Total overhead= $77,050

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

<u></u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 112,230 + (167,500 + 321,600 - 149,080) + 301,500 + 77,050 - 99,880

cost of goods manufactured= $730,920

4 0
4 years ago
Which of the following is the process of​ designing, managing, and improving the movement of finished goods and works in process
IrinaVladis [17]

Answer:

E. Outbound logistics.

Explanation:

Outbound logistics is the process of​ designing, managing, and improving the movement of finished goods and works in process through the supply​ chain. In outbound logistics goods are stored, transported and distributed to the customers. There are two types of logistics, inbound and outbound. In inbound logistics, goods and materials move inside the organization while in outbound logistics the movement of the products is outside of the business. Outbound logistics is one of the important mechanism of the organization where they move their final products to the distributors, wholesalers and final consumers.

4 0
3 years ago
Let A equal the reported inventory value if the lower-of-cost-or-market rule is applied to individual items of inventory while B
Lera25 [3.4K]

Answer:

The correct answer is A will always be equal to or less than B.

Explanation:

In general terms, inventory is valued in terms of cost. But there must be a deviation from the cost basis of the inventory valuation and it must be reduced below cost when the utility of the goods has decreased and its sale product or item value will be less than its cost.

The decrease in the value of inventory below cost can be due to different causes, such as physical deterioration, obsolescence, a drop in the price level, etc. In these situations, the inventory is recorded at its market value. The difference in value (cost-to-market value) is recognized as a loss for the current period. It should be understood that the market value of the inventory must be estimated since the inventory has in fact not been sold. As a general rule, the concept of market value is used in terms of the current replacement cost of inventory, that is, what it will currently cost to purchase or manufacture the item.

5 0
3 years ago
As of January 1, 2021, Barley Co. had a credit balance of $521,000 in its allowance for uncollectible accounts. Based on experie
SSSSS [86.1K]

Answer:

The amount which is should be reported as an allowance for uncollectible accounts is $180,500

Explanation:

The amount for allowance for uncollectible accounts on December 31, 2021 is computed as:

Allowance for uncollectible = Gross Accounts Receivable × Percentage of uncollectible

where

gross accounts receivable amounts to $18,050,000

Percentage of uncollectible is 1%

Putting the values:

=  $18,050,000 × 1%

= $180,500

4 0
4 years ago
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