Which one of the following will decrease the operating cycle?

Managers are important members of the organization. Within an organization, there are managers at f aders. Each of these levels

Ulleksa [173]

Answer:

GlobalTech Advertising Inc.

1. Pat leads the sales force to achieve GlobalTech Advertising Inc.'s sales goals for the quarter

Pat is a first-line manager.

2. Rick develops GlobalTech Advertising Inc.'s human-resources policies

Rick is a top manager.

3. Daisy is the foreperson of the warehouse and ensures products are loaded effectively

Daisy is a team leader.

4. Ruth is the art department head and supervises the art staff.

Ruth is a team leader.

5. Gary analyzes the national sales forecasts of Yellow Pages directories and develops projections on long- term industry growth.

Gary is a team leader.

6. Greg is the national sales manager and coordinates the activities of his first-line managers.

Greg is a middle manager.

7. Although he can't fire or discipline team members. Mike is in charge of making sure the team meets its production goals.

Mike is a team leader.

8. Nancy is the go-to person when the teams needs to coordinate their work or they have conflicts arise.

Nancy is the first-line manager.

Explanation:

a) Data:

Levels of management Managerial Challenges

Top manager Long-term decisions, organization-wide

Middle manager Policy and Plan Implementation, Supervision

and Coordination of first-line managers

First-line manager Short-term operating decisions, tasks direction

Team leader Facilitating team activities

b) The level of a manager can be determined by the managerial challenges she faces, as classified above.

5 0

3 years ago

Is the type of competition that occurs in a competitive market without identical producers.

amm1812

Answer:

Monopolistic

Explanation:

The type of competition that occurs in a competitive market without identical producers is a monopolistic one.

8 0

3 years ago

Prisly Inc. is a multinational company that specializes in manufacturing and selling high-end cars. It launches a new car, the G

nasty-shy [4]

Answer:

cannibalization

Explanation:

Cannibalization of products refers to a situation where one product of the same company will "eat" (reduce) the sales of another product or products of the same company.

For example, Coke Zero cannibalized the sales of Diet Coke and regular Coke.

3 0

4 years ago

The I-75 Carpet Discount Store has an annual demand of 10,000 yards of super shag carpet. The annual carrying cost for a yard of

insens350 [35]

Answer:

5 units and $2,175

Explanation:

a. The computation of the economic order quantity is shown below:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}$

= $\sqrt{\frac{2\times \text{10,000}\times \text{\$150}}{\text{\$0.75}}$

= 2,000 units

The total cost of ordering cost and carrying cost equals to

= Annual ordering cost + Annual carrying cost

= Purchase cost + Annual demand ÷ Economic order quantity × ordering cost per order + Economic order quantity ÷ 2 × carrying cost per unit

= 10,000 × $8 + 10,000 ÷ 2,000 × $150 + 2,000 ÷ 2 × $0.75

= 80,000 + $750 + $750

= $81,500

Now in case of ordering 5,000 yields at discount price of $6.50 the total cost is

= Purchase cost + Annual demand ÷ Economic order quantity × ordering cost per order + Economic order quantity ÷ 2 × carrying cost per unit

= 10,000 × $6.50 + 10,000 ÷ 5,000 × $150 + 5,000 ÷ 2 × $0.75

= $65,000 + 300 + $1,875

= $67,175

Therefore there will be 5 units should store at a time and cost of inventory is 300 + $1,875 = $2,175

3 0

3 years ago

$80,000 in raw materials were purchased on account. $78,000 in raw materials were used in production. Of this amount, $68,000 wa

Thepotemich [5.8K]

Answer:

Explanation:

The journal entries are shown below:

1. Raw material A/c Dr $78,000

To Accounts payable A/c $78,000

(Being raw material purchased)

2. Work in progress A/c Dr $68,000

Manufacturing overhead A/c Dr $10,000

To Raw material A/c $78,000

(Being raw material allocated)

3. Labor wages A/c Dr $126,500

To Cash A/c $126,500

(Being labor wages are paid in cash)

4. Work in progress A/c Dr $104,200

Manufacturing overhead A/c Dr $22,300

To Labor wages payable A/c $126,500

(Being labor wages are allocated)

5. Depreciation A/c $194,000

To Factory Equipment $194,000

(Being depreciation is charged on factory equipment)

6 0

3 years ago