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4 years ago

There is only one accepted format for a formal business letter. True False

Business

1 answer:

Dimas [21]4 years ago

7 0

False, there are more than one accepted letter format.

Let's get further into learning this:

There are two basic groups, The Block Format and The Various Indented formats.

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Hayes Inc. provided the following information for the year 2015:

zysi [14]

Answer: The unit Product cost is $32.09

Explanation:

Add : Direct Material. 35

Add: Direct Labour 16

-------------

Prime Cost. 51

Add: variable manufacturing overhead. 15

Add: Fixed manufacturing overhead. 24,000

-----------------

Production cost. 24,066

-------------------

To determine the unit Product cost for the year we will divide the production cost by the unit produced

Production cost ÷ unit produced

Since the the production cost is $24,066 and unit produced is 750unit

24,066÷ 750

= 32.088

= 32.09

Therefore the unit Product cost is $32.09

7 0

3 years ago

8 Steps in Organizational Development (OD) interventions

liberstina [14]

Answer:

The Eight Steps for Organizational Develpoment Intervaentions

Explanation:

Entry Signals

Purpose

Assessment

Action Plan

Intervention

Evaluation

Adoption

Seperation

... i think

6 0

3 years ago

On December 31, 2020, Jackson Company had 100,000 shares of common stock outstanding and 24,000 shares of 7%, $50 par, cumulativ

GrogVix [38]

Answer:

Basic earning per share = 1.01 per share

Diluted earning per share = = 0.95 per share

Explanation:

The computation of basic earning per share and diluted earning per share is shown below:-

Income after 7% dividend on cumulative preference share = Net income - (Shares percentage × Shares × par, cumulative preferred stock outstanding)

= $172,905 - (7% × 24,000 × $50)

= $172,905 - $84,000

= 88,905

We assume the closing of books company are closed on 31 Dec so according to that 3 months are taken from Oct to Dec and 10 months are taken from March to Dec

Outstanding shares = Shares of common stock - (Purchased shares × 10 ÷ 12) + (Sold treasury shares × 3 ÷ 12)

= 100,000 - (16,000 × 10 ÷ 12) + (5,200 × 3 ÷ 12)

= 100,000 - 13,333 + 1,300

= 87,967

Now,

Basic earning per share = 88,905 ÷ 87,967

= 1.01 per share

Diluted earning per share

shares to be buy back with proceeds = (42,000 × $27) ÷ $31

= 36,580

Difference = Option to be exercised - Outstanding shares

= 42,000 - 36,580

= 5,420

Outstanding shares = 87,967 + 5,420

= 93,387

So,

Diluted earning per share = 88,905 ÷ 93,387

= 0.95 per share

7 0

3 years ago

During 2009, a particular country's inflation rate averaged 1.3% a day. This means that on average, prices went up by about 1.3%

horrorfan [7]

29 days of 1.3% inflation. Convert to relative increase: (1+0.013) = 1.013. (1.013)^29 -1 = 45.43% (the effect of compounding) 45%.

4 0

4 years ago

Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows.The

astra-53 [7]

Answer:

The various costs associated with the Gala Company could be classified into the following:

a. Direct Material Cost

Memory boards and chips used in assembling computers.

b. Direct Labour Cost

Production superintendents’ salaries.

Salaries for assembly-line quality control inspectors.

Wages of workers assembling laptop computers.

c. Manufacturing Overhead

Sales commissions paid to sell laptop computers.

Electrical components used in assembling computers.

Soldering materials used on factory assembly lines.

d. Period Cost

Property taxes on the factory building.

Depreciation on the factory equipment.

Salaries for the night security guards for the factory building.

Explanation:

8 0

3 years ago