Dr. Regan was hired to help retain employees by the Siri corporation without losing money and expectations. He was the one who suggested that employees could decorate their work spaces and this would help employees feel more comfortable where they have to work 8 or more hours per day. This then helped the company by people not calling in and less people quit their jobs. Dr. Regan was most likely an industrial and organizational psychologist. Many companies hires these types of psychologists to help their employees with stress at work and to put employees at ease.
A. is required to draw up a petition listing all assets and liabilities.
Answer: The loss that will be reported in the income statement for the sale of the machine is $2,000.
Explanation: The cost of the machine is $12,000 while the accumulated depreciation is $9,000. This means the net book value (NBV) of the machine is $3,000 ($12,000 - $9,000). To calculate the gain or loss on the sale of the machine, we have to compare the sales proceed to the NBV. If the sales proceed is greater than the NBV, we have a gain. Otherwise, we have a loss by the difference. <u>In this instance, there is a loss on the sale transaction of $2,000 ($1,000 - $$3,000).</u>
Answer:
b. projects budget data for various levels of activity.
Explanation:
Flexible budget
It is the budget which flexes or adjust with the change in the activity or the volume .
It is the more sophisticated form of budget , and is a static budget .
i.e.
The budget does not change .
As the costs vary with the activity and volume .
<u>The flexible budget will have a variable rate pr unit activity .</u>
<u>the flexible budget is more useful during measuring the manager's efficiency .</u>
Answer:
Note: The full question is attached as picture below
a. Let X is denoted as company’s monthly demand, P(X=x) is denoted as the probability of the company’s monthly demand.
The expected value is obtained below:
E(X) = (300*0.20) + (400*0.30) + (500*0.35) + (600*0.15)
E(X) = 60+120+175+90
E(X) = 445
b. The expected value of the monthly demand is 445. The each unit demands the revenue to generate is $70 and their cost is $50.
The gain/loss of the company = (300*(70−50)) - (145*50)
The gain/loss of the company = (300*20) - (145*50)
The gain/loss of the company = 6,000 - 7,250
The gain/loss of the company =−$1,250(Loss)