Hi there!
Answer:
D. credit Wages Payable for $2,880.
Explanation:
-First we calculate the cost per employee per day
$15 per hour * 8 hours/day = $120 per day per employee
-Then we calculate the daily cost in wages
8 employees x $120 = $960 per day
-Then we <em>accrue</em> wages until the end of the month (Monday, Tuesday and Wednesday)
Daily cost $960
Days worked till the month ends 3
Accrued expense $2,880
<em><u>Journal entry:
</u></em>
Debit Credit
Wages expense $2,880
Wages Payable $2,880
Answer:
4
Explanation:
Note: The complete question is attached as picture below
Degree of Operating Leverage = Contribution/Operating Income
Degree of Operating Leverage = $48000 / $12000
Degree of Operating Leverage = 4
So. X Company's degree of operating leverage (DOL) at the current sales volume level is calculated to be 4
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Answer:
B. 200%
Explanation:
I don't know what NOO is, but 200% of 5 is 10.
that means an increase in $10, making it $15.
Answer:
a. multinational
Explanation:
Analyzing the options given:
Multinational: A company that has a presence in more than one country and have a central management but tries to adapt its offering to the local market.
International: Refers to importers and exporters which don't have investments out of their home market.
Global: Companies that have a presence in many markets and they establish a single strategy to market the products in all the countries.
Transnational: Companies that are present in different markets that have a structure that is decentralized with bases and management in different place where it operates.
According to this, the structure that requires a higher level of standardization for global efficiency, and yet it must maintain local responsiveness is a multinational company because these organizations have a main office but they also adapt to each market.
