Answer:
Daniel’s perception in this case is an example of procedural justice
Explanation:
"Procedural justice affects how decisions are made and policies are established. It is based on the premise that the most fair and respectful decision will be made. Procedural justice is also concerned about creating policies and procedures that take all perspectives and concerns into consideration. When a situation cannot be resolved between the parties, and a leader or manager is required to make a ruling, procedural justice suggests that decisions be neutral, based on fact, and appropriate for the actions."
Reference: Schofield, Tara. “Procedural Justice in the Workplace.” Study.com, Study.com, 2019
Answer:
job 33 $ 15335 (COGS)
job 34 $ 13855 (Finished goods)
jon 35 $ 8835 (Ending WIP inventory)
Explanation:
We will construct the job sheet
Now, job 33 as being sold will constitute the COGS
while job 34 as complete but not sold is finished good
and job 35 incomplete is the ending WIP
the overhead amount is donde by taking the labor const nd multiplying it by 55%
Answer:
NPV = $1.49 million
Explanation:
<em>The NPV is the difference between the PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite. </em>
<em>NPV of an investment: </em>
NPV = PV of Cash inflows - PV of cash outflow
But we will need to work out the discount rate to be used for discounting the cash flows. Hence, we need to determine the cost of capital as follows:
Step 1: After-tax cost of debt
After tax cost of debt = pre-tax cost of debt × (1-tax rate rate)
= 9%× (1--0.3)=6.3%
Step 2 : Weighted Average cost of capital (WACC)
WACC=( 0.25×6.3%) + (0.75× 13%) =11.325
%
Step 3:Net Present Value (NPV)
PV of cash inflow= (1- (1.11325^-5)/0.11325)× 13.5 = 49.49 million
Initial cost = $48 million
NPV = 49.49 million - $48 million =$1.49 million
NPV = $1.49 million