Answer:
1.- For sofa it can pay at most 60 dollars per hours
2.- 17.5 per hours
3.- It should. It will create additional gains.
Explanation:
- Recliner Sofa Love Seat
Sales 1,400 1,800 1,500
variable 800 1,200 1,000
Contribution 600 600 500
Labor Hours 8 10 8
Contribution \: per \: hour 75 60 62.5
1.- Contribution per hour 60 dollars for SOFA
it can pay up to this amount.
2.-
contribution per hour - labor cost per hour = net
62.5 - 45 = 17.5 Contribution Margin per hour
3.-
It should hire it. t is generating additional profit.
Answer: D.) Supervision
Explanation: In an organizational setting, it is imperative to oversee, monitor, evaluate and carry out performance appraisal of workers or employees in other to access and ensure that workers carry out their fuctions as perfectly as possible based on organizational benchmark and standard. The supervisory role is usually overseen by an individual of higher position who who inturn gives a verdict or remark based on the employee's performance. In the scenario above, Jeff's lack of job satisfaction could be traced to Supervision due to the critical remark he earns despite giving best.
That would be the field of Psychiatry, which is he study of human behavior in correlation to medication therapy.
Answer:
A) $800,000
Explanation:
Since the current reserve ratio is 20%, and the bank has no excess reserves, then the maximum it can lend if it receives $1 is $800,000.
The bank has currently $50 million in deposits and $10 million in reserves ($6 million in cash and $4 million in the Fed), so its reserves are exactly 20% of its total deposits. So if any new deposits are received, the bank will have to keep as reserves 20% of it (= $1,000,000 x 20% = $200,000).
This type of banking system is called the fractional banking system because banks are only required to keep a fraction of the money they receive as deposits and they can lend the rest to other clients.
Answer:
Journal Entry
Dr. Contingent Consideration Liability $500,000
Cr. Goodwill $500,000
Explanation:
It is assumed that the decline in the fair value is the correction of the acquisition entry. It means due to this event the consideration liability and goodwill are overstated we need to rectify the balances.
Hence,
The contingent consideration liability will be debited to reduce the liability and goodwill will also be decreased by crediting the goodwill account.
