Answer:
<em><u>True </u></em><em><u> </u></em>
Explanation:
<em>Knowing</em><em> </em><em>o</em><em>n</em><em>e</em><em>'</em><em>s</em><em> </em><em>weaknesses</em><em> </em><em>and </em><em>our </em><em>strength</em><em>s</em><em> </em><em>gives </em><em>you </em><em>better </em><em>understanding</em><em> </em><em>of </em><em>yourself</em><em> </em><em>and </em><em>how </em><em>you </em><em>best</em><em> </em><em>operate</em><em>.</em>
Answer:
Casey would prefer option 1; that he pays the premiums ($8,000). Even if Casey cannot deduct his insurance premiums as medical expenses, his income will only be reduced by $8,000. If he decided to take option 2, his income would be reduced by $8,800 (= $10,000 - 12%), so he is saving $800 by taking option 1.
On the other hand, Jean would prefer option 2; that her salary is reduced by $10,000 and her employer pays the premiums. By choosing option 2, Jean is going to lose $6,500 (= $10,000 - 35%). If she chose option 1, her income would be reduced by $8,000, so she is saving $1,500 by choosing option 2.
Answer:
Contribution margin per unit= $14.9
Explanation:
Giving the following information:
Variable costs:
Direct materials= $5
Direct labor= $3.45
Variable manufacturing overhead= $1.45
Sales commissions= $1.35
Variable administrative expense= $0.85
Total variable cost= $12.1
The selling price is $27.00 per unit
The contribution margin is the result of deducting from the selling price all the unitary variable costs.
Contribution margin per unit= 27 - 12.1
Contribution margin per unit= $14.9
Answer and Explanation:
The preparation of the statement of stockholder equity should be presented below:
<u>Statement of stockholders' equity
</u>
<u>For the year ended December 31, 20Y7
</u>
<u>Particulars Common Stock Retained Earnings Total
</u>
<u>Beginning balance, </u>
January 1 40000 815500 855500
Add: Net income 0 67250 67250
Less: Dividends paid 0 -10000 -10000
Ending balance,
December 31 40000 872750 912750
Answer:
is based on the concept of just-in-time.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.
Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services from the manufacturers to the consumers.
Additionally, all businesses tend to use supply chain management to eliminate waste and maximize value for growth and development.
Hence, supply chain management is based on the concept of just-in-time (JIT) because it is a management framework that is focused on cutting manufacturing costs while increasing efficiency between suppliers and consumers through the use of a proper inventory system.