Answer:
the current asset for Jones company is $80,800
Explanation:
The computation of the current asset is shown below
Current Assets = Cash + Accounts Receivable+ Prepaid Insurance
= $47,000 + $24,000 + $9,800
= $80,800
hence, the current asset for Jones company is $80,800
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
$234,000
Explanation:
cost of goods manufactured = beginning work in process + direct materials + direct labor + manufacturing overhead cost applied - ending work in process
cost of goods manufactured = $25,000 + $65,000 + $95,000 + $69,000 - $20,000 = $234,000
cost of goods sold = beginning finished inventory + cost of goods manufactured - ending finished inventory + underapplied overhead
cost of goods sold = $54,000 + $234,000 - $58,000 + $2,000 = $232,000
Answer:
a. Self-managing teams are highly involved in decision making
Explanation:
Option A validates Richards argument
A self-managed team is a group of employees responsible and accountable for all or most aspects of producing a product or delivering a service. Self managed teams can work without being supervised. Therefore they are highly involved in decision making. Such teams are important due to the motivation they give to employees to take ownership. When these employees are allowed to make decisions, they enter a new level of engagement and participation.
Answer: A union contract is <u>an agreement between management and labor </u>that loosely states the rules they will each try to abide by in the workplace.
Explanation: The unions can <em>participate in the management</em> of the companies and in the promotion of collective work.
They can for example ,<em>improve the members conditions </em>and income by promoting social welfare , <em>active the participation in the development </em>of companies and <em>build trust </em>and transparency in the relations of the company or employer.
Some of the features could be :
- Formal.
- The fact that subsists by itself, without the need for another convention.
- It is governed by the norms and principles of collective labor law.
- It has administrative autonomy.
For each contract t<u>he union must make a regulation</u> in the specific case. They must make a procedure for the appointment of the <em>coordinator</em> , the <em>compensation</em> that each participating member will receive for the collaboration ,s<em>ocial security </em>of participating affiliates and <em>minimum union membership time</em> the participant must have to participate .
Answer:
D. It makes all citizens pay the same percentage of their income in
taxes.
Explanation:
A proportional tax system imposes the same tax rate for all individuals regardless of the level of income. For example, if the tax rate is set at 5%, all taxpayers will be taxed at that rate. A person earning $10,000 will pay $500 (5% of 10,000) while the one earning $100,000 ( 5% of 5000)will pay $5,000.
A proportion tax system is also known as the Flat rate system. It is easy to compute and implement. The propositional tax system may appear to be fair because it treats all taxpayers equally and encourages people to earn more. However, it places a heavy tax burden on low-income earners.