Answer:
a. 339 brackets
b. 169.5 and $296.63
c. 12 and $300
d. $596.63
e. 4 days
f. 40 brackets
Explanation:
Economic Order Quantity is the Order size that minimizes holding costs and ordering cost of inventory.
Economic Order Quantity = √ 2 × Annual Demand × Ordering Cost / (Holding Cost per unit)
= √(2 × 4,000 × $25.00) / $1.75
= 339 brackets
Average Inventory = Economic Order Quantity ÷ 2
= 339 ÷ 2
= 169.5
Annual inventory holding cost = Average Inventory × Holding Cost per unit per year
= 169.5 × $1.75
= $296.63
Orders to make each year = Total Annual Demand ÷ Economic Order Quantity
= 4,000 ÷ 339 brackets
= 11.7994 or 12
Annual order cost = Number of Orders × Cost per Order
= 12 × $25.00
= $300
Total Annual Cost = Annual inventory holding cost + Annual order cost
= $296.63 + $300
= $596.63
Reorder point (ROP) = Lead time × usage per day
= 4 × ( 2,500 / 250)
= 40 brackets
Answer:
High Morale.
Explanation:
Morale is internal feeling and it is inspired by the environment. It depends upon the relations between expectations and reality.
A motivated person tends to experience high morale A person in High morale group need not be Motivated.
Make sure that employees are interested in and appreciated for their work. High morale yields higher productivity in an organization Employees’ spirits can easily fall if their day-to-day responsibilities are monotonous or if they don’t feel valued by their supervisors. Over time, this can translate into an unmotivated and unproductive staff.
Employees evaluate their treatment relative to the treatment of others, they need to fell contributions to their jobs. What employees receive in return is the perceived ratio of contribution to return determines, and equity.
How to Boost Morale?
-Motivate employee with your examples
-Establish clear and good communication with employees
-Enrich employees’ jobs
-Challenge employees to perform better Involve employees as equal members of your team
-Consult your employees
-Empower your employees
-Acknowledge and appreciate employees
-Show care to your employees
-Create healthy work environment
-Do some personal things
Answer:
Anderson Co. 3,100 shares at $18 per share
Munter Ltd. 10,200 shares at $57 per share
King Co. 5,600 preferred stock at $42 per stock
a. Prepare the entry for the security sale on January 15, 2021.
- Dr Cash 58,880
- Cr Investment in Anderson Co. stock AFS 52,200
- Cr Realized gain on stock AFS 6,680
b. Prepare the journal entry to record the security purchase on April 17, 2021.
- Dr Investment in Castle's stock AFS 38,160
- Cr Cash 38,160
c. Compute the unrealized gains or losses.
- unrealized gain = $40,800 (gain in Munter) - $11,200 (loss in King) - $13,960 (loss in Castle) = $15,640
d. Prepare the adjusting entry for Vaughn on December 31, 2021.
- Dr Investment in Munter's stock 40,800
- Cr Investment in King's stock 11,200
- Cr Investment in Castle's stock 13,960
- Cr Unrealized gain - other comprehensive income 15,640
<span>Role
Role expectations is what we are expected to do based on certain assigned role. This is taken from the social and psychological concept of Role Theory. Which says each thing we do is according to specific roles that have already been carved out and we act out according to the expectations of such role for example the duties and obligations of a wife to a husband or that of a father to his children</span>
Answer:
Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders.
Explanation:
Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders. This conclusion is based on the definition of taxable dividends.
