Question:
A disgruntled employee of your major competitor mails top?secret information or new product samples to you. Do you begin to do a dance on your desktop or do you immediately mail the information back to your competitor? What would you do?
a. Throw the plans or secrets away.
b. Send them to your research department for analysis.
c. Notify your competitor about what is going on.
d. Call the FBI.
Answer:
You are to Call the FBI
Explanation:
In this case, where a disgruntled employee of your major competitor mails top-secret information or new product samples to you, the right decision to make acclrding to your company's code and ethics is to contact the security agencies, which in this case is the Federal Bureau of Investigation (FBI). The Federal Bureau of Investigation would make proper investigations and take proper steps to protect your company so they(your company) won't be accused of stealing information from a competitor in time to come.
This is the best way, both ethically and legally to handle this situation.
Each of five transactions can be defined as follows:
a) Authorization for use of materials (both direct and indirect).
b) Work used in the factory (both direct and indirect).
c) Factory over-the-counter application to employment.
d) Fulfilled jobs.
e) Goods selling costs.
Following are the description of the transaction:
For a)
- A document which the manufacturing company prepares to ask for materials they need to finish production is a material requirement.
- It is also a material request or materials requirements document.
- The document the requester will retain a copy of the form, just as do the warehouse personnel.
For b)
- The plant system is a production process utilizing machinery & manpower divisions.
- Due to the increasing price of capital for machinery & building, facilities often belonged privately to rich workers who've worked on the job.
For c)
- The overhead manufacturing costs are added or applied to each work during the manufacturing process.
- Those costs will be included in the processing costs in conjunction with direct material and direct.
For d)
- Work is finished by the operational and structural completeness of the project/works, the Commissioning has been carried thru in line with technical specs.
For e)
- The direct cost of producing the commodities sold by a corporation is referred to as the costs of the materials and the work required directly to produce the goods is included.
- Indirect spending, such as distribution and sales force expenses, is excluded.
Learn more:
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Answer:
D. Dividends Payable
Explanation:
On the day dividends are declared, the amount declared is debited to the retained earnings accounts and credited to the dividend payable accounts. The dividends have not yet been paid, meaning the money is still with the company. For this reason, the cash account.
A dividend is not an expense, so there can never be a dividend expense account.
Answer:
C. $19,600
Explanation:
The contribution margin per hour can be obtained by dividing the difference between the price and variable costs by the number of labor hours required.
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Since the candle holders yield the greatest contribution per hour, the maximum of 800 units of this product should be produced. The remaining labor hours after producing candle holders is:
The remaining hours should be used to produce letter openers since they provide the next best contribution per hour. 200 letter openers can be produced with the remaining hours.
The maximum contribution margin that Wood Carving can generate next month is:
