Answer:
Newton Corporation
Net income for the year = $120
Explanation:
a) Data and Calculations:
Direct materials cost = $400
Direct labor cost = 800
Manufacturing overhead 400
Total manufacturing cost $1,600
Cost per unit = $8
Ending Inventory of finished goods = 150 units * $8 = $1,200
Cost of goods sold = 50 * $8 = $400
Sales revenue = 50 * $12 = $600
Newton Corporation
Income Statement
For the year ended December 31:
Sales Revenue $600
Cost of goods sold 400
Gross income $200
Selling & Admin.
expense 80
Net Income $120
b) Newton Corporation's net income is the difference between the Sales Revenue, cost of goods sold and selling and administrative expenses.
Answer:
C. Selection
Explanation:
According to my research on Human Resources practices, I can say that based on the information provided within the question the HRM practices that are being performed by Edgar are known as Selection. Selection is the process of matching organizational requirements with the skills and qualifications of applicants in order to hire them as employees.
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<h2>To become a Manager one must have at least five years of experience.</h2>
Explanation:
Subject-matter expert:
- Any person who has completed UG or PG can become subject-matter expert.
- Only thing the knowledge in a particular subject will be assessed during the various interview process.
- This is enough to become a SME
Virtual assistant:
- He/ she is the person who supports business form remote location
- This role will be either bottom most or middle position role depending on the organization's hierarchy.
Manager:
- Whereas manager has huge responsibility
- It requires lots of experience to handle people, business, understand organizational goal, meet requirement, achieve targets, multi-tasking, etc.
- So it needs both skill and experience to become a manager and it cannot happen suddenly.