Answer:
Boat trailers= $96,200
Explanation:
Giving the following information:
Travel trailers Boat trailers:
Budgeted units to be produced 2,050 3,200
Budgeted number of setups 320 520 = 840
Total budgeted setup costs for the year are $155,400.
<u>First, we need to calculate the predetermined activity rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Setup= 155,400/840= $185 per setup
<u>Now, we can allocate costs to boat trailers:</u>
Boat trailers= 185*520= $96,200
Answer:
Participative.
Explanation:
Participative leadership is the process of influencing people to direct their efforts toward the achievement of some particular goal or goals. Participative leadership can be different depending on organization, purpose and situation but there are common patterns in all types:
- Leader always facilitates the conversation.
- Leaders share any information and necessary knowledge for decision-making.
- Leaders encourage others to share their ideas.
- Leader must take all information and solutions by the team and synthesize.
- The leader comes up with best solution based on group information and communicates the solution to the group.
Participative leadership consist of one of the four types of participative decision making.
* Democratic (Participative) – Encourages participation of all members but final decision is made by leader.
* Collective – All decisions are taken by the group and responsibility for the decisions also rest on entire group.
* Autocratic – Possible solutions are brainstormed collectively but leaders are responsible for final decision. Different from democratic as autocratic is goal oriented while democratic is people oriented.
* Consensus – Leader gives up responsibility and control of decision making to the group.
Answer:
market intelligence
Explanation:
Market intelligence -
It refers to the information or the knowledge which is necessary for the company like the latest trends , customers ratings , competitors etc. , is referred to as market intelligence.
The process of market intelligence require collecting data from various upcoming sources like internet , social media , news etc .
The method enable to be up to date with their products or services in the competitive world.
Hence, from the given scenario of the question,
Sue is performing market intelligence.
Answer: a form of government expense that is not made in exchange for a currently produced good or service.
Explanation:
Transfer payment are the goods or services that are supplied to the residents of a country. They're the form of government expense that is given to people in the society and such payments are not made due to the exchange of goods or services.
Examples of transfer payments include unemployment benefits, Social Security, etc. The reason behind transfer payments is to help in the redistribution of income and to help the less privileged in the society.
<u>Adjusting entry for Rent Revenue:</u>
It is given that a customer rents a vehicle for three months from Commodores rental on November 1, paying $4,050 ($1,350/month). The adjustment is needed to be made for 2 months period (Nov. 1 to Dec. 31)= 1350*2 = $2,700
The adjusting entry for Rent Revenue as on Dec. 31 shall be as follows:
Unearned Rent Revenue Debit $2,700
Rent Revenue Credit $2,700
(Being adjustment made for Rent Revenue)
