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SpyIntel [72]
2 years ago
10

Ann is trying to decide which one of two job offers she will accept. Several items are presented below: Job Offer A(1)Base Salar

y $50,000(2)Overtime compensation is comp. time(3)Moving allowance $3,000(4)Signing bonus $2,000(5)Job search costs incurred $300Job Offer B(1)Base salary $50,000(2)Overtime compensation is hourly rate(3)Moving allowance $3,000(4)Signing bonus $0(5)Job search costs incurred $500Select the items that are irrelevant to Ann's decision.
Business
1 answer:
andrew-mc [135]2 years ago
5 0

Answer:

1)Base Salary $50,000

(3)Moving allowance $3,000

(5)Job search costs incurred $300 Job Offer

Explanation:

In this scenario, the person who is trying to decide for a job change will look at various things that can improve their future to the greatest extent.

Like: Medical allowances, paid leaves, overtime wages, bonuses, and incentives, etc.  

Many factors are there to join a new company.  

Based on the situation, the overtime compensation, and the signing bonus are the reasons to accept the job offer.

And, the remaining reasons like - basic salary, moving allowance are the service which is the same for most of the companies. The job search cost is a sunk cost that is not recovered.  

Hence, these costs will not be considered.

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2 years ago
Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of
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Answer and Explanation:

1. The computation of overhead rate based on direct labor cost is shown below:-

Overhead rate = Overhead applied × 100 ÷ Direct labor cost

= 888 × 100 ÷ 1,200

= 74%

2. The Preparation of job-order cost sheet for the four jobs is shown below:

Particulars                Job 86        Job 87        Job 88        Job 89

Beginning balance $6,888       $6,820

Direct materials       $3,000      $7,000         $2,100          $1,500

Direct labor              $800          $6,000        $900            $500

Applied overhead  

is 74% of direct labor $592           $4,440       $666            $370

Total                          $11,280       $24,260      $3,666      $2,370

3. The computation of ending balances of Work in Process and Finished Goods is shown below:-

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2 years ago
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Answer:

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This move means that Indian and Chinese companies would be competing with my local small firm.  The MNE may be looking for cheaper prices for my company's products and services, which the Indian and Chinese companies would more efficiently supply it.  My firm may be on the precipice of liquidating if this MNE is our major customer.  My firm must move fast to become more competitive by differentiating our products and services with better quality and perhaps reduced production costs, to enable it compete more favorably with the Indian and Chinese competitors.  Otherwise, we may regard the relationship as nearing its end and prepare for other opportunities with other companies.

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Globalization reduces national boundaries by integrating national economies into a globalized economy, thus enabling companies to compete globally for financial resources, goods, and services.  When Globalization 1.0 happened, countries were globalized and the world became a global village.  When Globalization 2.0 from which the G7 profited largely, companies were globalized.  With the current Globalization 3.0, individuals are being globalized, and the highest beneficiaries are Indian and Chinese nationals who appear better prepared to take on the world, garner most of the important resources to themselves, and call the shots from the boardrooms.  An example is Microsoft's current CEO, Satya Nadella, who is an Indian-American.

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