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KIM [24]
3 years ago
12

"Chang is the art director at Idlewild Graphic Design. The firm recently acquired a new client, Palomino Film Productions. They

are designing a logo, ad campaign, posters, and other materials for the client. Chang meets with his entire design team, and together they hash out ideas for the visual approach they should take on the project. Designers bring prototypes and everyone votes on them. Chang’s leadership style is"
Business
1 answer:
Marina86 [1]3 years ago
3 0

Answer:

Democratic leadership

Explanation:

Democratic leadership defines that the leader motivates his subordinates to come up with suggestions and alternatives for a specific issue. Then, based on the number of votes received from his group members, he chooses the best choice for a specific alternative choice.

Therefore according to the given situation, Chang meets with his whole team who is a specialist team in designing and find out the ideas for which they implement on the project. Designers bring concepts with them and everybody votes. So this style of Chang is called Democratic leadership.

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The answer is b. False
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Cullumber Company uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at De
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Answer:

Cullumber Company

The ending inventory is:

= $4,888.

Explanation:

a) Data and Calculations:

Item      Units     Unit Cost     Net Realizable Value   Value of Ending

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Minolta      3            $172                 $152                             $456 ($152 * 3)

Canon       9              140                   170                              1,260 ($140 * 9)

Light meters:

Vivitar      13              130                   100                              1,300 ($100 * 13)

Kodak     16               117                    128                              1,872 ($117 * 16)

Total value of Ending Inventory based on LCNRV =          $4,888

b) The Lower of cost- or net realizable value method of valuing ending inventory determines the value by choosing the lower value between the cost price of the inventory and the net realizable value.  The purpose that is served by using the LCNRV method is that it reflects the decrease of inventory value when it goes below its original cost while at the same time it does not recognize the increased market value when the cost is lower.

4 0
3 years ago
1. which of the following methods is useful for recovering stolen property?
alekssr [168]
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7 0
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Read 2 more answers
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Hope I helped :) - beanz
8 0
3 years ago
The income statement of Benning Co. for the month of July shows net income of $1,400 based on Service Revenue $5,500, Wages Expe
Rom4ik [11]

Answer:

Net Income = $1,250

Explanation:

Benning Co.

Income Statement

For the Month Ended July 31, 2010

Particulars                             $                     $

Revenues                                                6,000 (1)

Expenses:

Wages Expense               2,600 (2)

Supplies Expense            1,000 (3)

Utilities Expense                600

Insurance Expense            400

Depreciation Expense       150

<em>Total expenses                                 </em><u><em>      4,750   </em></u>

Net Income                                            $1,250

<u><em>Note:</em></u>

1. Revenues = 5,500 + 500 (Adjustment 5) = $6,000

Performed services not recorded will add.

2. Wages expense = $2,300 + 300 (Adjustment 3) = $2,600

Accrued wages not paid will add to the wages expense.

3. Supplies Expense = $1,200 - 200 (Adjustment 2) = $1,000

Supplies expense includes supplies on hand will decrease the supplies expense.

3 0
3 years ago
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