Answer: $178,000
Explanation:
The following information can be derived from the question:
We have to first calculate the total manufacturing cost. This will be:
Direct material 29000
Add: Direct labor 58000
Add: manufacturing overhead 82000
Then the manufacturing cost will be:
= 29000 + 58000 + 82000
= 169000
We then add the beginning work in progress and then subtract the ending work in progress. This will be:
Manufacturing cost = 169000
Add: Beginning WIP = 66000
Less: Ending WIP = 57000
= 169000 + 66000 - 57000
= $178,000
Answer
<u>Market surplus will lower the prices for goods and increase the consumer quantity demand for the products.</u>
Explanation
A market surplus is when there is excess supply. The quantity supply in this case is greater than the quantity demanded. Producers will be faced with a hard time to sell all their goods. This will make them lower their prices to make their products more appealing to consumers. Firms will also have to lower market prices in order to stay competitive. In response to the reduced prices, consumers will increase the quantity demanded thus moving the market to an equilibrium price and quantity. This is a case where excess supply has exerted a downward pressure on the prices of the products.
Answer: d. path–goal
Explanation:
The Path-goal theory of leadership espouses that leaders should be dynamic and use whichever leadership style would be best suited to the abilities of their subordinates and the work environment that they are in.
It is then divided into four styles with the relevant style here being the "directive path-goal clarifying leader behavior". Under this style, the manager specifies exactly what it is that they want from the employees and then rewards them when they meet the required objectives.
I guess the answer is C. to convince your manager to use a new meeting organization tool
Of the options given, the most likely member of a utilitarian organization is<u> a. </u><u>Angela</u><u>, who works as a </u><u>lawyer </u><u>at a </u><u>prestigious law firm </u><u>and </u><u>earns $60,000 annually.</u>
A utilitarian organization is one where:
- Employees receive some sort of compensation for their work
- Employees are usually contracted to a company to provide a certain service
Angela is receiving a compensation of $60,000 annually and is a lawyer which means that they are probably contracted to the law firm.
We can therefore conclude that Angela is working for a utilitarian organization based on the fact that there is compensation and contract.
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