Answer:
The rewards of practicing management include:
a. Building a catalog of successful products or services
b. Becoming a mentor and helping others
c. Experiencing a feeling of accomplishment along with your employees
d. Magnifying your range and stretching your abilities
Explanation:
When management is truly practiced, the rewards are usually great. The rewards cannot be quantified by what one person has accomplished, because it has some multiplier effects. Organizational efficiency is also improved. For those in management, they will gain much experience which they can easily pass to others through mentoring and coaching. With their employees, they will also feel a sense of having accomplished something meaningful. Management also gives one the ability to go beyond one's natural range, stretching the person's abilities, and enabling her to attain better outcomes than initially imagined.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Refurbishing materials:
Variable cost= $600
Fixed costs= $18,800
Estimated cost= 600*35 + 18,800= $39,800
Actual cost= 600*32 + 18,800= $38,000
Refurbishing activity variance= Estimated - actual cost
Refurbishing activity variance= 39,800 - 38,000= 1,800 favorable
Answer:
The balance in the Treasury Stock account reduces total Stockholders' Equity
Explanation:
Treasury stock also known as reacquiring stock refers to outstanding shares which were previously owned by a company which is then bought back by shareholders of that company. Treasury stock do not have much value but provide means of raising the price of share which in turn provides profits for investors.
Treasury stock is normally recorded in the shareholders equity section of the balance sheet representing the number of repurchased shares from the open market, thereby reducing shareholder's equity by the amount paid for the stock
She is not being proactive and waking up early enough to get on the bus
Answer:
Contribution margin ratio= 0.42
Explanation:
Giving the following information:
Bryce Co. sales are $801,000
Variable costs are $465,100
Operating income is $287,000.
<u>To calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= (sales - variable cost) / sales
contribution margin ratio= (801,000 - 465,100) / 801,000
contribution margin ratio= 0.42
