Answer:
37.9 days
Explanation:
Given that,
Net sales = $951,000
Beginning accounts receivables = $75,500
Ending accounts receivables = $122,000
Average accounts receivables:
= (Beginning accounts receivables + Ending accounts receivables) ÷ 2
= ($75,500 + $122,000) ÷ 2
= $98,750
Accounts Receivable Turnover:
= Net sales ÷ Average accounts receivables
= $951,000 ÷ $98,750
= 9.63
Average collection period:
= 365 days ÷ Accounts Receivable Turnover
= 365 days ÷ 9.63
= 37.9 days
Answer:
$1,070
Explanation:
Calculation to determine the amount of applied overhead is:
Using this formula
Applied overhead = Total cost of WIP - Direct materials - Direct labor
Let plug in the formula
Applied overhead= $3,550 - $1,610 - $870
Applied overhead=$1,070
Therefore the amount of applied overhead is:$1,070
The answer is strategic decision making. This is also
referred as strategic planning in which a group of people or an individual
engage into making or creating the goals or objectives that the organization
would want to achieve or tackle in a way of providing altering strategies and
to obtain the goal that they aim for.
Answer: Joint training
Explanation: In simple words, joint training refers to the process in which an organisation or an entity tries to persuade and influence the behavior of their staff by making teaching them any specific kind of technical skill.
Such kinds of training are very common in defense forces such as military and police force, where team work and relative trust is of high importance. But these kinds of training are also used by other organizations in cases where the number of candidates is large and it is not possible to train each of them individually.
