Answer:
E) Superordinate goals
Explanation:
Superordinate goals refers to goals that in order to be achieved, require that opposing or confronting sides of a negotiation process start to work together. Penny must be able to break down barriers in order to encourage people on opposite sides to view each other as people wanting to work and a company trying to do business, instead of someone or some group that we just dislike. That is essential for overcoming the differences that exist between both groups.
Answer:
a. 8.65 times
b. 42 days
Explanation:
The computation of Receivables turnover ratio and days to collect is shown below:-
a. Receivables turnover ratio = Net sales ÷ Average receivables
= $43,500 ÷ ($5,180 + $4,880) ÷ 2
= $43,500 ÷ ($10,060 ÷ 2)
= $43,500 ÷ $5,030
= 8.65 times
b. Days to collect = 365 ÷ Receivables turnover ratio
= 365 ÷ 8.65 times
= 42 days
Answer:
The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds
Explanation:
As in the given question, it is mentioned that the credit sale is made, so the owner would remember the delay between the sale and the actual collection so that he knows the gap between these two.
Moreover, for cash budgeting purposes, it is necessary to remember when the owner received the cash and the date on which credit sale was made.
So, all other options are incorrect because it doesn't make any comparison between these two thing which is important for cash budgeting purposes.
Hence, The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds
Answer:
A. $37,400 unfavorable
Explanation:
With regards to the above, variable overhead spending variance is computed as
= (Actual hours × Actual rate) - (Actual hours × standard rate)
= $649,400 - ( 34,000 × $18)
= $649,400 - $612,000
= $37,400 unfavorable
Therefore, Warp's variable overhead spending variance for the month of September is $37,400 unfavorable
Answer:
d. $13.00
Explanation:
contributon margin = selling price - variable cost
sales price: $25 per unit
<u>list of variable cost:</u>
Direct mateirals 6.20
Direct labor 2.80
variable overhead 1.45
sales commisions 1.00
adminsitrative variable<u> 0.55 </u>
total variable cost 12.00
$25 selling price per unit - $12 variable cost per unit =
$13 contribution margin per unit
This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.
