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Yuki888 [10]
3 years ago
13

According to​ Drucker, the most important time to ask​ seriously, "What do we want to​ become?" and​ "What is our​ business?" is

​ ______. A. when a company buys another company B. when the​ company's vision statement has been altered C. when a​ company's long-term objectives have been established D. when a company has been successful E. when a company has been unsuccessful
Business
1 answer:
Ira Lisetskai [31]3 years ago
6 0

Answer:

Option D is correct because this is the time company has excess cash that it can invest in research and development and change the entire business position once again. This is the time the company can invest in the innovative products and can also opt to projects that are of particular value to the company.

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Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor
patriot [66]

Answer:

The contribution margin per unit is $5.1

Explanation:

The contribution margin per unit is the amount from selling price per unit after deducting all the related variable costs per unit. This is the amount that each product contributes towards covering the fixed costs.

<u />

<u />

<u>Contribution margin per unit:</u>

Selling price per unit                              18.7

<u>Less : Variable cost per unit</u>

Direct material                                       (7.05)

Direct labor                                             (3.5)

Variable manufacturing Overhead       (1.65)

Sales commission                                  (1.00)

Variable Admin expense                     <u>  (0.40)</u>

Contribution margin per unit                  5.1

3 0
3 years ago
Jack recently took out a loan from Diane at an interest rate of 4 percent. Diane expected this year’s inflation rate to be 1 per
defon

The complete question has been added with an image for better understanding of the concept. The beneficiaries of the inflation and interest rates will be,

  1. When inflation is 1 percent, Diane will benefit more than Jack;
  2. When inflation is 0 percent; Diane will benefit more than Jack;
  3. When inflation is 4 percent; Jack will benefit more than Diane;
  4. When inflation is -2 percent; Diane will benefit more than Jack.

<h3>What is inflation?</h3>

A given increase in rates or prices of any commodity, including monies, over a particular financial period is known as inflation.

The rates and beneficiaries due to the unexpected change in inflation for the above situation is given attached in the image in the form of a table.

Hence, the significance of inflation is as mentioned.

Learn more about inflation here:

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5 0
2 years ago
Degelman Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January
zaharov [31]

Answer:

Degelman Company

Job Cost Sheets:

                                            Job 50          Job 51           Job 52

Beginning balances:

Direct materials                $23,400

Direct labor                       $24,040

Manufacturing overhead $28,720

Direct materials                    11,700         $45,630      $35,100

Direct labor                           5,850           29,250       23,400

Manufacturing overhead     7,605           38,025       30,420

Total cost of Job 50        $101,315          $74,880     $88,920

Explanation:

a) Data and Calculations:

Beginning WIP: Job 50

Direct materials                $23,400

Direct labor                       $24,040

Manufacturing overhead $28,720

Total cost of Job 50         $76,160

Finished Goods Inventory:

Completed Job No. 49 at a cost of $205,300

Raw materials $27,550

Sales of Job 49 = $142,740

Sales of Job 50 = $284,860

Manufacturing overhead:

indirect materials $19,890;

indirect labor       $23,400;

depreciation expense

on equipment     $14,040;

other manufacturing

overhead costs  $18,720

Total overheads $76,050

Applied Overhead:

              Direct Labor   Overhead Applied

Job 50       5,850                $7,605  

Job 51     29,250                38,025

Job 52    23,400                30,420

Total    $58,500               $76,050

Overhead rate = 76,050/58,500 = $1.30

5 0
3 years ago
What is the process of selecting personnel who fit well within the organizational structure and who are competent in their assig
I am Lyosha [343]

Answer:

Human resource management

Explanation:

Human resource management (HRM) process includes the following:

  1. recruiting, selecting, and inducting new employees,
  2. providing orientation, training and development,
  3. appraising the performance of employees,
  4. deciding compensation and providing benefits,
  5. motivating employees,
  6. maintaining proper relations with employees and their trade unions,
  7. ensuring employees safety, welfare and health in compliance with labor laws.
3 0
3 years ago
A company's triple bottom line represents which aspects?
finlep [7]

A company's triple bottom line represents aspects profit planet, people privacy and production.

<h3>What is production?</h3>

Several material and immaterial inputs are integrated during the production process to produce something that is intended for consumption. It involves creating an output, a good or service that has value and improves the utility of individuals.

Production, in a manufacturing process, is the process of changing raw materials or inputs into finished objects or products. In other words, it describes the process of building something from nothing. A good example of production is the creation of furniture. One instance of production is gathering corn for human consumption. An example of production is the amount of grain produced.

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4 0
1 year ago
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