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trapecia [35]
4 years ago
5

Wanda is the procurement manager at a supermarket. her duties include short-term planning for the purchase of perishable goods,

encouraging and rewarding the employees who handle the transportation of goods to the supermarket and supervising the entry-level employees of her department. in the given scenario, wanda is most likely a _____.
Business
1 answer:
riadik2000 [5.3K]4 years ago
5 0
 Because Wanda is responsible for <span>short-term planning for the purchase of perishable goods, encouraging and rewarding the employees who handle the transportation of goods to the supermarket means that she is </span>first-line manager. The first-line manager is the first layer of management directly above non-managerial workers.
Usually is supervise production on line tasks in the manufacturing business.
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employees earn vacation pay at a rate of one day per month. During December, 35 employees qualify for one vacation day each. The
Blababa [14]

Answer:

Listed below are a few transactions and events of Maxum Company.

 

1. Employees earn vacation pay at a rate of one day per month. During December, 35 employees qualify for one vacation day each. Their average daily wage is $160 per employee.

2. During December, Maxum Company sold 4,500 units of a product that carries a 60-day warranty. December sales for this product total $125,000. The company expects 7% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $10.

Prepare any necessary adjusting entries at December 31, 2017, for Maxum Company’s year-end financial statements for each of the above separate transactions and events.

Vacation benefits expense

= number of employees × number(s) of day × the average daily wage per employee

Given,

number of employees = 35

number(s) of day = 1

The average daily wage per employee = $160

= 35 employees × 1 day × $160

= $5,600

Warranty expense

= number of units of products sold × percentage of the units for warranty × the average repair cost per unit

Given,

number of units of products sold = 4500 units

percentage of the units for warranty = 7%

The average repair cost per unit = $10

= 4,500 units × 7% × $10

= $3,150

P.S. The attached image duly shows the answer.

4 0
3 years ago
The stock in Pal-Maine Foods has a beta of .85. The expected return on the market is 11.50 percent and the risk-free rate is 2.8
algol [13]

Answer:

the required rate of return is 10.20%

Explanation:

The computation of the required rate of return is shown below;

We know that

= risk free rate of return + beta × (market rate of return - risk free rate of return)

= 2.85% + 0.85 × (11.50% - 2.85%)

= 2.85% + 7.3525%

= 10.20%

hence, the required rate of return is 10.20%

6 0
3 years ago
AFLAC has had to ditch the AFLAC duck in its Japanese commercials because the Japanese consumer does not like to be yelled at. S
natka813 [3]

Answer:

Promotional adaptation

Explanation:

Promotional adaptation is defined as strategy that is used to sell the same product in different locations using different promotional strategy.

The strategy can be employed in some or all locations where the company operates.

In this scenario AFLAC has had to ditch the AFLAC duck in its Japanese commercials because the Japanese consumer does not like to be yelled at.

This helped to match AFLAC'S commercials to the unique needs of the Japanese people.

7 0
3 years ago
Shown below are selected data from the financial statements of the Supreme Company. (Dollar amounts are in millions, except for
Yuki888 [10]

Answer:

a. Gross profit rate =   Gross profit / sales

                              = <u> $710,000 * 100</u>

                                       $1,230,000

                              =  57.72%

b. <u>Supreme Operating Income </u>

Gross Profit                           $710,000

Operating expenses             <u>(440,000)</u>

Operating Profit                    <u> 270,000</u>

<u />

c. Return on Asset  =   Return/  Average Asset

                                =   <u>$390,000 * 100 </u>

                                       $4,000,000

                             =   9.75%

d. Return on equity  =   Return / Average equity

                                 =   <u>$390,000 * 100 </u>

                                        $2,400,000

                               =      16.25%

e. Price-earnings ratio  =  Market price per share / earnings per share

                                       =   $88/ $4  

                                       =  22

Explanation:

Computation of Gross profit

                                                $'000

Net Sales                                1,230

Cost of goods sold                 <u>(520)</u>

Gross Profit                              710  

3 0
3 years ago
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,800 of dir
-Dominant- [34]

Answer:

$11,700

Explanation:

The computation of the balance in the work in process at the end of the month is shown below:

= Direct material cost + direct labor cost + manufacturing overhead cost percentage of direct labor cost

= $1,800 + $3,300 + $3,300 × 200%

= $1,800 + $3,300 + $6,600

= $11,700

We simply added the direct material cost, direct labor cost and the manufacturing overhead cost so that the ending balance could arrive

5 0
3 years ago
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