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dusya [7]
3 years ago
7

Jack, Jill and Maritza are employed as sales persons for Deuce Hardware Supplies. None was hired for a definite period and each

has an excellent sales record. Jack was terminated because Don Deuce, the president of Deuce Hardware, decided that customers were more likely to spend more if the sales person was an attractive woman, rather than a man. Jill was terminated for cheating on her expense account. Assuming only these facts, explain, separately whether Jack or Jill has any claim against Deuce Hardware.
Business
1 answer:
Natali [406]3 years ago
5 0

Answer:

Jack has claim while Jill didn't have.

Explanation:

Jack has claim against Deuce Hardware because his performance is tremendous and make more sales for the company. He done his work very well so he can claim against Deuce Hardware Supplies while on the other hand, Jill has no claim against Deuce Hardware because he commit a crime on the basis of which the company has the authority to terminate him from the job. He works very well in the company but his crime is big enough to terminate him.

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Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f
Korolek [52]

Answer:

1. 32.80%

2. 50.54 times

3. 16.57%

Explanation:

1. Computation of margin for Alyeska Services Company is below:-

Margin = Net operating income ÷ Sales

= $6,100,000 ÷ $18,600,000

= 32.80%

2. Computation of turnover for Alyeska Services Company

Turnover = Sales ÷ Average Operating Assets

= $18,600,000 ÷ $36,800,000

= 50.54 times

3.  Computation of return on investment for Alyeska Services Company

Return on investment = Margin × Turnover

= 32.80% × 50.54

= 16.57%

7 0
3 years ago
Company Q incurred manufacturing costs for the year as follows:
masha68 [24]

The Net income of the Income statement under the absorption costing equals Sh 14,000.

<h3>What is Direct materials?</h3>

= 1,000 x 10

= Sh 10,000

<h3>What is Direct labor?</h3>

= 1,000 x 7

= Sh 7,000

<h3>What is Variable manufacturing overhead?</h3>

= 1,000 x 3

= Sh 3,000

<h3>What is Fixed manufacturing overhead</h3>

= 1,000 x (7,500 / 1,500)

= Sh 5,000

                                    Company Q

                                Income Statement

Revenue (1,000 x 45)                                                      45,000

<u>Cost of goods sold:</u>

Direct materials                                        10,000

Direct labor                                                7,000

Variable Manufacturing overhead           3,000

Fixed manufacturing overhead                <u>5,000</u>            <u>(25,000)</u>

Gross Margin                                                                    20,000

Variable Selling and admin expenses     2,000

Fixed Selling and admin expenses          4,000

Total Selling and admin expenses                                 <u>(6,000)</u>

Net Income                                                                       <u>14,000</u>

<u />

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Read more about absorption costing

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6 0
2 years ago
A _________________ is a credit transaction where the money is transferred electronically from the customer's credit card compan
SpyIntel [72]
A. credit transaction
    Your bank would pay the bill then either charge you for using their money or remove it from your "checking account" depends on the way you have it set up

5 0
4 years ago
Mignon d'Armitage manufactures jewelry. This firm is planning to introduce a new necklace and is trying to determine how many un
Neko [114]

Answer:

4,000 units

Explanation:

The formula to compute the break even point is shown below:

= (Fixed costs ) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

And, the fixed cost is $100,000

Now put these values to the above formula

So, the value would be equal to

So, the break even point would be

= ($100,000) ÷ ($45 - $20)

= $100,000 ÷ $25

= 4,000 units

4 0
3 years ago
A company issues a 5-year bond with a $7,500 discount. Using straight-line amortization, the company should:
Marina CMI [18]

Answer:

B) credit discount bonds with payable $1,500 per year.

Explanation:

A company issues a 5-year bond with a $7,500 discount. Using straight-line amortization, the company should: -credit interest payable $1,500 per year.

7 0
3 years ago
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