Answer:
Option (c) $200
Explanation:
Data provided in the question:
Cost of the microwave = $200
Cost of repairs in the kitchen = $2,000
Now,
The damage caused in the kitchen is due to the malfunctioning of the microwave.
But the disclaimer on the microwave’s label already mentioned that the manufacturer is not liable for consequential damages.
here,
The damage in the kitchen is consequential damage to microwaves.
Hence,
the manufacturer of the oven will only give $200
Option (c) $200
Answer:
Reversing entries are given below
Explanation:
The accountant would reverse the adjusting entries of the accrual of salaries payable and the accruals of interest receivable.
December 31, 2021 (To record interest receivable)
DEBIT CREDIT
Interest receivable [$115,000*8%*3/12] 2300
Interest revenue 2300
December 31, 2021 (To record salaries payable)
DEBIT CREDIT
Salaries expense 7550
Salaries payable 7550
January 1, 2022 (To reverse the entry recorded on December 31, 2021)
DEBIT CREDIT
Interest revenue 2300
Interest receivable 2300
January 1, 2022 (To reverse the entry recorded on December 31, 2021)
DEBIT CREDIT
Salaries payable 7550
Salaries expense 7550
Explanation:
This issue is related to the VRIO model, which is an analytical technique to help a company evaluate its organizational resources and make them effective and competitive in the market. The acronym VRIO stands for Value, Rarity, Imitability and Organization, which together form the necessary points for business improvement.
Analyzing the question, it is possible to see that the company focused on issues related to value, rarity and organization, so the question that should be asked to achieve a sustainable advantage is the question related to imitability, which could be: It is difficult to imitate the product at the cost of the resource or capacity?
The correct answer to this open question is the following.
The guidelines you will develop for supervisors to successfully respond to employee questions about unionization would be the following.
The first thing the supervisor can do is establish an open door policy to always listen to employees' concerns. This is of the utmost importance because one of the factors that impact employee's morale is the lack of communication and the sentiment of not being important for the organization.
An open line of communication from the very top of the hierarchy to the very bottom of the company is of so much help for the workers feel comfortable to express their opinions, and do not try to look for unions to be heard.
What the supervisors can say that is legally permissible in this situation is to inform workers that they have the right to express themselves and be heard, as well as freely join the union they feel most comfortable with, always inviting the worker to first directly address their issues within the company.
