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WINSTONCH [101]
3 years ago
10

4. Assess this scenario: Jerry is a manager at FTG Corporation. Jerry likes to gather all the information he possibly can in a s

ituation before making a decision. He attempts to get feedback from his subordinates and receive their buy-in before proceeding with a decision. Though he follows this process, Jerry likes to make decisions as rapidly as possible. He is creative and social but enjoys rules to keep staff disciplined. Which decision-making style does Jerry have, and, why
Business
1 answer:
34kurt3 years ago
6 0

Answer:

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Explanation:

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The Finishing Department had 5,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to ma
umka21 [38]

Answer:

Physical Flow units 12000

Equivalent Units Materials 11000

Equivalent units Conversion 15000

Explanation:

The Finishing Department

First-in, First-out (FIFO) Process Costing

Equivalent Units

Particulars         Units         % of Completion                    Equivalent Units

                                            Materials    Conversion        Materials Conversion

Units Received  15000         100         100                       15000      15000

+Ending WIP        2000           50          30                         1000         600

<u>Less Beg. Inv     5000             100         30                        5000        600</u>

<u>Total units         12000                                                     11000           15000</u>

The units started and completed are transferred out units. The Beginning Work in Process is deducted to ensure first in first out. The units moved first in are transferred out first.

6 0
3 years ago
Journalize the following transactions assuming a perpetual inventory system:
natulia [17]

Answer:

May 5

Merchandise Inventory $6,000 (debit)

Freight Charges $100 (debit)

Accounts Payable : Archie Co. $6,000 (credit)

Cash $100 (credit)

May 12

Accounts Payable : Archie Co. $2,500 (debit)

Merchandise Inventory $2,500 (credit))

May 14

Accounts Payable : Archie Co. $3,500 (debit)

Discount Received $70 (credit)

Cash $3,430 (credit)

Explanation:

May 5

Recognize the Assets of Merchandise and a Liability : Accounts Payable : Archie Co. as a result of purchase.

Also Recognize the Freight Expenses since this is a F.O.B delivery

May 12

De-recognize the Liability  : Accounts Payable -  Archie Co. and the Merchandise Inventory asset to the extend of Merchandise returned to Archie Co.

May 14

De-recognize the Liability  : Accounts Payable : Archie Co. of $3,500 and the Cash assets to the extend of Payment made  to Archie Co less cash discount of $3,430 .

5 0
3 years ago
Garcia Company issues 8.50%, 15-year bonds with a par value of $390,000 and semiannual interest payments. On the issue date, the
MaRussiya [10]

Answer:

$308,100

Explanation:

Calculation for what are the issuer's cash proceeds from issuance of these bonds

Using this formulaIssuer's cash proceeds from issuance of bonds=Fave value*Implies a selling price percentage

Let plug in the formula

Issuer's cash proceeds from issuance of bonds=$390,000*79/100

Issuer's cash proceeds from issuance of bond=$308,100

Therefore the issuer's cash proceeds from issuance of these bonds will have be $308,100

5 0
2 years ago
The NEC® arose as a consensus of more than 1200 individuals primarily to ____.
labwork [276]

NEC arose to:

d.standardize equipment use as a marketing tool

Explanation:

NEC Corporation is a multinational IT and Electronics firm that is based out of Japan.

It was started in the 60s as Nippon Electric company ltd. but it re branded itself to name NEC in 1983.

It is responsible for the standardization of equipment as their USP and their prime marketing tool and made it a standard industry practice to do so as of now.

Their impact on the whole industry has been immense.

7 0
3 years ago
Venture Philanthropy Partners focuses on helping youth and children from low-income families in the Washington, D.C., area. What
andriy [413]

The work of Venture Philanthropy Partners in focusing on low-income families would make it a<u> Community Fund </u>

A Community Fund:

  • Focuses on helping a certain need in the society
  • Is usually targeted at the less well off in society

<u>Venture Philanthropy Partners</u> is targeting youth and children that come from lower income families which means that they are targeting the needs of the less well off.

We can therefore conclude that this is a community fund.

<em>Find out more at brainly.com/question/18776651. </em>

4 0
2 years ago
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