Answer:
Xia Co.
1-a. The relevant costs for Xia Co. to make or buy the part:
Direct materials $2.25
Direct labor 1.00
Incremental overhead 0.75
Total relevant cost $4.00
1-b. Xia should make the part. It will cost Xia $4.00 to make the component while it costs it $5.00 to buy. It should therefore, make the component.
Explanation:
a) Data and Calculations:
Price of buying component = $5
Cost of making component:
Direct materials $2.25
Direct labor 1.00
Incremental overhead 0.75
Total relevant cost $4.00
b) The relevant cost for making the component is $4.00. The overhead cost based on 200% direct labor is not a relevant cost. It is an allocated fixed cost and must be incurred whatever decision is taken. By making the component, Xia Co. will be netting in a unit contribution of $1 ($5.00 - $4.00) with the alternative of buying.
Answer:
a. Education
b. Experience
c. Mentoring
Explanation:
a. Formal education is defines as a method of formal and organized learning. This is the education provided to the students by qualified teachers at a certain level. To ensure standardization of formal learning for all institutions of learning for example schools, colleges, universities, etc.
So, Formal education helps a person to develop logical skills.
b. Experience is awareness or ability that you have acquired in a specific job or activity because you have already done the job or activity.
According to the given situation, experience helps a person develop skills and knowledge he or she would not have otherwise.
c. A mentor helps a person learn the skills to achieve his or her destination. or we can say that the "mentor" is an experienced person who shares information, expertise, and guidance with a less experienced person.
So, according to the given situation Manager is coached to Shawn to develop skills so that manager can boost Shawn career. Shawn's Manager is engaged in Mentoring.
Melissa fails to recognize the impact of her activity on the bystander's wellbeing.
- the bystander fails to recognize the impact of Melissa's activity on his or her wellbeing.
- the well-being of the bystander is adversely impacted by Melissa's activity.
- Melissa neither pays nor receives any compensation for her activity. X(So that someone else gets/pays as a result of her activity.)
the well-being of the bystander is adversely impacted by Melissa's activity.
Answer:
$13,320
Explanation:
The computation of the warranty expenditure is shown below:
= Sales revenues × estimated warranty expenditure percentage
= $296,000 × 4.5%
= $13,320
By multiplying the sales revenues with the estimated warranty expenditure percentage we can get the warranty expense and the same is shown above
All other information which is given is not relevant. Hence, ignored it
The term that best fits the blank provided above is LOYALTY CARD. This kind of system allows the provision of rewards and incentives for consumers and this would also allow detailed recording and the tracking of the activities of the consumers. Hope this helps.
