Answer:
This question is about Corporate Social Responsibility (CSR), which is basically being socially responsible (with the employees, community, environment, etc.) and at the same time trying to maximize the financial value of a company (which is a duty to shareholders).
It might be easier for some companies, e.g. service providers, while much harder for mining companies (and other extracting companies). But it doesn't meant that all companies should try their best to do it.
Some companies even benefit from being socially responsible and increase their income through higher sales, e.g. Ben and Jerry's actually increased their sales of ice cream by focusing on CSR.
Even small businesses can benefit from CSR since it increases customer awareness and loyalty, and that can lead to higher sales. E.g. the public image of local businesses that help to finance certain community services improves and that eventually leads to higher sales.
Customers tend to favor companies that they consider to be socially responsible, and if they have to decide between purchasing from a socially responsible company or from another that isn't, they will generally purchase form the socially responsible one.
Answer:
$36,000.
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per hour = (High Machine maintenance costs - low Machine maintenance costs) ÷ (High activity level - low activity level)
= ($52,000 - $20,000) ÷ (60,000 units - 20,000 units)
= $32,000 ÷ 40,000 units
= $0.8
The variable cost equal to
= High activity level × per unit variable cost
= 60,000 units × 0.8
= $48,000
So, the fixed cost would be
= Total cost - variable cost
= $52,000 - $48,000
= $4,000
For 40,000 units, total maintenance cost would be
= Number of units × per unit variable cost + Fixed cost
= 40,000 units × $0.8 + $4,000
= $32,000 + $4,000
=$36,000
Transactions will be recorded as follows;
<u>March 1</u>
Debit Cash $21,000
Credit Common Stock $21,000
<u>March 5</u>
Debit Cash $9,000
Credit Notes Payable $9,000
<u>March 10</u>
Debit Construction Equipment $25,000
Credit Cash $25,000
<u>March 15</u>
Debit Advertising Expense $1,100
Credit Cash $1,100
<u>March 22</u>
Debit Accounts Receivable $18,000
Credit Service Revenue $18,000
<u>March 27</u>
Debit Cash $13,000
Credit Accounts Receivable $13,000
<u>March 28</u>
Debit Salaries Expense $6,000
Credit Cash $6,000
<u></u>
Answer:
B. Wal-Mart and Texaco.
Explanation:
When labors or workers believe that they treated unfair they can react by leaving the organization or in an extreme case filing a lawsuit. Corporations have to spend millions of dollars for settlement of discrimination lawsuits. An average settlement for such lawsuit can be $45,000 and in greater cases it could reach to $1 million. Wal-Mart and Texaco companies have also faced such lawsuits and spent millions of dollars for the settlement.
I’m going to make this short your answer is
C. $120,100.
