Answer:
B. I, II, and IV only
Explanation:
Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.
In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.
The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.
In Business management, method analysis can be defined as the study of the detailed process for the performance of a job i.e how a job is done. Thus, method analysis gives a detailed report on the tasks involved in the performance of a job and how they are to be done.
Basically, methods analysis is particularly valuable when it is used on jobs that:
1. Are high in labor content.
2. Are done frequently.
3. Are unsafe, tiring, unpleasant, and/or noisy.
Answer:
Cash debit 1,200
Note Receivable debit 2,800
Account Receivable credit 4,000
Explanation:
The accounting will reflect the receipt of cash and the note at their principal.
The interest of the note will ge accrued with the past of time. Currently no interest was earned, so we don't have to post anything related to the interest of the note.
We just write-off the account receivable of the customer and declare how we settle.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Units produced= 600
Direct materials $30 per unit
Direct labor $13 per unit
Variable manufacturing overhead $6 per unit
Fixed manufacturing overhead $17,800 per year
Ending inventory= 600 - 400= 200 units
Under absorption costing, the fixed overhead costs get allocated to the product cost. First, we need to calculate the unitary fixed overhead cost:
Unitary fixed overhead= 17,800/600= $29.67
Now, we can determine the total unitary cost:
Unitary cost= direct material + direct labor + total overhead
Unitary cost= 30 + 13 + (6 + 29.67)= $78.67
Ending inventory= 200*78.67= $15,736
Answer:
If a statute is silent on this point, enforcement depends on whether it is a(n) REGULATORY statute or a revenue-raising statute.
Explanation:
Regulatory statutes regulate practitioners, e.g. doctors, constructors, real estate brokers, dentists, etc., and its main purpose is to protect the general public. This statues are state laws meant to regulate certain professions that may be considered sensitive or hazardous. E.g. a person that pretends to be a doctor can severely injure a patient or even kill him/her. A person that pretends to be a real estate broker can be committing fraud against his/her clients.
