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3 years ago

Define the concept of society. Why is it an important concept to understand in Sociology?

1 answer:

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Research and theory help individuals have a better understanding of the world around them. Many inequalities that exist in society have theoriesbehind them explaining why things happen the way that they do. ... Boththeory and research share an equalimportance in sociology as they go hand in hand.

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Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Schell has a

kenny6666 [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Schell has a total of $39,060 in overhead.

Direct labor hours:

Standard= 400

Deluxe= 200

Machine hours:

Standard= 4,150

Deluxe= 3,000

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

1) Direct labor hours as allocation rate

Estimated manufacturing overhead rate= 39,060/600= $65.1 per direct labor hour

Now, we can allocate to each product line:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 65.1*400= $26,040

Deluxe= 65.1*200= $13,020

2) Machine hour as allocation rate:

Estimated manufacturing overhead rate= 39,060/7,150= $5.46 per machine hour

Now, we can allocate to each product line:

Standard= 5.46* 4,150= $22,659

Deluxe= 5.46*3,000= $16,380

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3 years ago

Which of the following companies is most likely to have a negative Cash Conversion Cycle?

Veseljchak [2.6K]

Answer:

a) A discount retailer

Explanation:

The formula to determine the cash conversion cycle is shown below:

Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payables outstanding.

So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact

So the option a is correct

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3 years ago

ABC Company insured its building on a replacement cost basis for $700,000 under a property insurance policy that included an 80%

Rama09 [41]

Answer:

$35,000

Explanation:

Given that

Insurance = $700,000

Sustained cost = $40,000

Replacement cost = $1,000,000

Policy = 80%

The computation of amount eligible for payment is as shown below:-

Insurance required = Cost of building × Co insurance

=$1,000,000 × 0.80

= $800,000

The amount eligible for payment = (Insurance Carried ÷ Insurance Required) × Loss

= $700,000 ÷ ($1,000,000 × 80%) × ($40,000)

= $700,000 ÷ $800,000 × $40,000

= 0.875 × $35,000

= $35,000

3 0

3 years ago

Sean is looking for a new job that will allow him the flexibility to work from home at least one day a week so he can care for h

liq [111]

<u>Answer</u>:

Boundaryless career pattern is similar as temporary workers.

<u>Explanation</u>:

“Boundaryless career” has been a new perspective in any organisation these days. This type of career pattern provides the employees flexibility in terms of working hours. They pay them high wages for their excellent skill set.

A person works with several organisations at a single point of time and quickly develops his career. Knowledge of such people is quite high, and companies gain from their expertise. As given in the question, Sean is provided flexibility by allowing him to work from home so that he can take care of his parents. So, this is a boundaryless career pattern.

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3 years ago

Based on your personal experience, cite three service businesses and three product businesses that gave you an impressive experi

KengaRu [80]

Explanation:

Product companies: Apple, Adidas and Sephora

Service companies: Dell technical support, Disneyland and Hilton Hotels.

In all these products and services companies mentioned, I had a positive experience in relation to the attendance of the employees, this shows that the employees were really trained. An interesting example is Disneyland, where the slogan "The most magical place on earth" really makes sense, as all employees were trained to provide an experience for the visitor, as they are characterized as famous characters in the film and have a very playful way to create an atmosphere of magic. In other companies, the experience, although different, can be described as similar to Disney, because the main challenge of training employees is that they are able to provide the customer with an effective alignment between the company's purpose and the services offered, so it is essential that the employee is trained to provide all the values that the company demonstrates to the customer, being always solicitous, cordial, having property to answer questions and explain about the product or service, etc.

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3 years ago