It is always based on how long you have been with the company, and can also be based on performance!
The correct answer would be : training employees on quality management
Operational managers are responsible in handling all company's resource to achieve its goal. In a service industry ( like public accounting, maid cleaning services, financial adviser, etc) quality topped any other aspect of the products. That's why experts in operation management will focus on the increasing employees' quality
Explanation:
The adjusting journal entries are shown below:
On January 15
1. Cash A/c Dr $600 ($60 × 10 voice lessons)
To Unearned revenue A/c $600
(Being the cash is received)
On January 31
2. Unearned revenue A/c Dr $480 ($60 × 8 voice lessons)
To Service revenue A/c $480
(Being the unearned revenue is recorded)
Answer:
$40
Explanation:
Total costs are comprised of total variable costs plus total variable costs. i.e., total costs = variable cost +fixed costs
in this situation,
$10,000 = $6,000 + fixed costs
Fixed costs = $10,000 -$6000
fixed costs = $4000
Average fixed cost is the fixed cost divided by total output
=$4000/100
= $40
Answer:
b. In the short-run profits will be lower than normal.
Explanation:
a. An increase in demand means that customer desire for that good has increase. Thus, it is fair to infer that consumers have shown that they now consider the good to be more valuable.
b. It is actually quite the opposite, in the short-run, companies will be able to raise their prices and profits will be higher than normal.
c. The opportunity related to the increase in demand could be enough to attract resources from other industries into the market.
d. Since this is a perfectly competitive market, it tends to reach equilibrium and the market supply curve will shift right.
The false statement is alternative b.