Answer:
Organizational justice
Explanation:
Organizational justice concerns employees' understanding of fairness, results, and processes within a company. Distributive, procedural, and interactional are the three types of organizational justice that companies must embrace in order to have happy and productive employees.
Answer:
$3,355
Explanation:
Accounts receivables = $ 352,000
Debit Allowance for uncollectible accounts = 630
Net Sales = $797,000
The company estimates that 0.5% of net credit sales are uncollectible
Estimates of uncollectible receivables
= 0.5% × $797,000
=$3985
This is the total amount to be recognized at the end of the year as Bad Debts Expense. Since a debit of $630 has been recognized already, additional debit required
= 3985 - 630
= $3,355
The amount to be debited to Bad Debts Expense when the year-end adjusting entry is prepared is $3,355.
Answer: (B) Entity-relationship diagram.
Explanation:
The entity relationship diagram is one of the type of graphical model or representation which is related to the entities in the form of organizational database.
- The entity-relationship diagram is refers to the data modeling technique which basically illustrate the relationship between the information system entity.
- It is typically used in an organization for the the purpose of database and represent the entity framework.
According to the given question, the entity-relationship diagram is one of the type of diagramming tool which is used for express the different types of relationship between the database and the entities.
Therefore, Option (B) is correct.
Answer:
Socialism involves an economic ideology in which the government or state plays a strong role in the economy and may own stakes in certain businesses
Explanation:
Socialism is an Economic system owned, managed & run by state (government). The central problems of economy : what, how, for whom to produce - are solved by state. State decisions are based on social welfare guidelines. Market forces are insignificant, private accumulation of property is not there.
However, in Capitalist system - resources are owned, managed, controlled by private sector. The central problems of economy are solved by private sector, as per market forces & profit maximisation guideline. Private accumulation of property is allowed. The system has two classes : Bourgeoisie (Capitalist wealthy entrepreneur class) & Proletariat (Labourers)
So, Socialism having everything under state control, has no classes -Bourgeoisie (entrepreneurs) & Proletariat (Labourers). Hence, it is a Classless Economic System
Answer:
Explanation: A: Schedule
$ $ $
Total cost:
Units 67000 87000 107000
Variable Cost 254600 330600(87000*3.8) 406600(107000*3.8)
Fixed cost 380000 380000 380000
Total cost 634600 710600 786600
Cost per unit:
Variable cost 3.8 3.8 3.8
Fixed cost 5.67 4.37 3.55
Total cost per unit 9.47 8.17 7.35
B: Contribution Format Income statement
$
Sales Revenue($97000*$9.17) = 889490
Variable Cost($97000*$3.8) = ( 368600)
Contribution Margin = 520890
Fixed Cost = (380000)
Operating Income = 140890
