Answer:
There is some information missing, and when I looked for it I found similar questions but the demand was already given and the question was about Vincent's total daily income.
Passenger Price Daily demand
Adults $18 70
Children $10 25
Senior citizens $12 55
total 150
total revenue per day = ($18 x 70) + ($10 x 25) + ($12 x 55) = $1,260 + $250 + $660 = $2,170
total operating costs per day = (150 / 50) x $450 = $1,350
operating income per day = $2,170 - $1,350 = $820
Answer:
False
Explanation:
The formula for equivalent units units as follows:
Opening Work in Process + Equivalent units on which the work is done - Closing Work in process = Units Transferred
Therefore, ideally,
Opening work in process - Closing work in process = Units transferred - Equivalent units on which work is done.
As adding all the cost incurred during the period to opening inventory of work in process, we get the total cost for the period, thereafter, deducting the cost allocated to closing work in process we get the value of goods produced and transferred.
<u>Therefore, above statement is false.</u>
Answer:
The correct answer is True
Explanation:
In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.
In other words, the equivalent units is shown thus:
Equivalent units =100000 units*20%
Equivalent units =20000 units
This implies that labor has carried out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.
Answer:
Explanation:
Stockholder's Equity
Paid in Capital:
Common Stock $48,000,000
Paid in Capital in excess of Par - Common Stock $6,400,000
Paid in Capital from sale of Treasury Stock $4,500,000
[58,900,000]
Total Paid in Capital $58,900,000
Retained earnings $63,680,000
Total Paid in Capital & Retained Earnings $122,580,000
Deduct: Treasury Stock $5,200,000
Total Stockholder's Equity $117,380,000
Answer:
The answer is D. Understanding that pay is not everything that employees are after and that there are several other means to keep them motivated.
Explanation:
Now lets take a closer look at it.
Option A is not going to work. Shutting down the basic communication system will render the organization members unable to cooperate with each other during their work and will make the matters even worse!
Option B is ridiculous. You remove employees just because you are suspicious of them to spread rumors? This will start other employees to doubt their own job security!
Option C is not going to work. You can tell them that rumors are against the company policy, but will they stop it just because of it?
Option E is somewhat acceptable. yet comparing with the option D, its not that much suitable. If the employees are already in doubt, it is unlikely that this option will work.
So, if option D is working, what are the non financial incentive that we can use to motivate our employees?
- Job Enrichment: Enrich their jobs with more responsibilities and by giving them more powers.
- Job Rotation: Employees get bored if they do the same work for a long period of time, changing the nature of the job they do is a good option in this case.
- Offer them leadership opportunities to develop in their career
- Recognize their contributions and efforts and appreciate them.
- Give your employees more autonomy and freedom
