A promotion is the headway of a worker's rank or position in a hierarchical chain of command framework. Advancement might be a representative's reward for good execution. A manager should ensure nondiscrimination in considering a promotion of an employee.
Garage corp. uses a batch-and-queue or batch-and-wait production system wherein the sub-assembly or the partially completed product is move to the work-in-progress (WIP) location, the next department to take it from WIP location, perform an operation on them and then forward the resulting work into the next WIP location to wait once again. This procedure continuous until the final product is completed. Using this system, the Garage corp. produces and maintains large inventories since it drives products to lower average unit cost, so they need to produce more products and the more products produced, the greater the inventory asset. They will produce products of low quality since workers in traditional production do not have major responsibility for quality control during their work. They strive for efficiency which means producing the best yield at the lowest cost from the available resources but in the expense of effectiveness which is the degree where an objective or target is met. It is doing something right but not doing it right. And lastly they have an information loss between its organizational areas because they operate in a disconnected manner with little integration and communication.
Answer:
5,000
Explanation:
Variable cost per unit = $250
Sales price would be set at twice the VC/unit
Therefore, Sales price = 2 × $250
= $500
Fixed costs = $750,000
If operating income of $500,000 or more is expected
Let the sales volume be y, then
500y - 750,000 - 250y = 500,00
250y = 750,000 + 500,000
250y = 1,250,000
y = 1,250,000/250
y = 5,000
Minimum sales volume to have an operating income of $500,000 or more is 5,000.
Answer:
1. Accrued Revenue of $ 245
2. Accrued expenses of $ 300
3. Unearned Revenue of $ 600
4. Prepaid expenses of $ 200
5. Accrued expenses of $ 1,200
Explanation:
1. The interest on savings bond is a revenue which has been earned but not received and is thus an accrued revenue.
2. The property expenses are an accrued expenses since these have been incurred but not paid.
3. The unearned portion of the legal fees received is an unearned revenue, since services have not been provided.
4. The unexpired portion of insurance is a prepaid expense
5. Salaried due nut not paid is an accrued expenses since services ahve been received.
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