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3 years ago

Which two things do CRM methods accomplish?

Business

2 answers:

Alika [10]3 years ago

6 0

Answer:

make decisions

Explanation:

Artist 52 [7]3 years ago

3 0

Answer:

I think it's make decisions

Explanation:

"CRM is a set of methods that companies use to understand customers. These methods make decisions regarding the selected customer segments"

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Pina Company began operations on January 2, 2019. It employs 10 individuals who work 8-hour days and are paid hourly. Each emplo

Andrew [12]

Answer:

2019

Dr Salaries and wages expense 9,680

Cr Salaries and wages payable 9,680

Dr Salaries and wages expense 6,160

Cr Salaries and wages payable 6,160

Dr Salaries and Wages Payable 3,520

Cr Cash 3,520

2020

Dr Salaries and wages expense 10,560

Cr Salaries and wages payable 10,560

Dr Salaries and wages expense 6,720

Cr Salaries and wages payable 6,720

Dr Salaries and wages expense

800

Dr Salaries and wages payable 8,800

Cr Cash 9,600

Dr Salaries and Wages Expense 240

Dr Salaries and Wages Payable 5,520

Cr Cash 5,760

B. 2019 $10,410

2020 $12,175

Explanation:

(a) Preparation of journal entries to record transactions related to compensated absences during 2019 and 2020

2019

Dr Salaries and wages expense 9,680

Cr Salaries and wages payable 9,680

(10 employees * $11.00/hr. * 8 hrs./day * 11 days)

(Being to record accrue expense and liability for vacation)

Dr Salaries and wages expense 6,160

(10 employees * $11.00/hr. * 8 hrs./day * 7days)

Cr Salaries and wages payable 6,160

(Being to record accrue expense and liability for sick pay)

Dr Salaries and Wages Payable 3,520

Cr Cash 3,520

(10 employees * $11.00/hr. * 8 hrs./day*4 days)

2020

Dr Salaries and wages expense 10,560

(10 employees * $12/.00/hr. * 8 hrs./day * 11 days)

Cr Salaries and wages payable 10,560

(Being to accrue expense and liability for vacation)

Dr Salaries and wages expense 6,720

Cr Salaries and wages payable 6,720

(10 employees * $12.00/hr. * 8 hrs./day * 7 days)

(Being to record accrue expense and liability for sick pay)

Dr Salaries and wages expense

800

(9,600-800)

Dr Salaries and wages payable 8,800

(10 employees * $11.00/hr. X 8 hrs./day *10days)

Cr Cash 9,600

(10 employees * $12.00/hr. * 8 hrs./day X 10days)

(Being to record vacation time period))

Dr Salaries and Wages Expense 240

(10 employees * ($11-12) /hr. * 8 hrs./day * (7-4) last yr)

Dr Salaries and Wages Payable 5,520

(10 employees * $11.00/hr. * 8 hrs./day * (7-4) days) + (10 employees * $12.00/hr. * 8 hrs./day *(6-3) days)

=(2,640+2,880=5520)

Cr Cash 5,760

(10 employees * $12.00/hr. * 8 hrs./day * 6 days)

(Being to record sick leave paid)

B) Computation for the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2019, and 2020

1. December 31, 2019

10 employees * $11.83/hr. * 8 hrs./day * 11 days =$10,410

2. December 31, 2020

10 employees * $11.83/hr. * 8 hrs./day * 1 day =$946

Add: 10 employees * $12.76/hr. * 8 hrs./day * 11 days = 11,229

Total $12,175

($11,229+$946)

Therefore the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2019 will be $10,410 and 2020 will be $12,175

5 0

3 years ago

Sandi, shift supervisor at Johnson Meatpacking, has the highest performing team. One reason for this is how she controls her tea

BaLLatris [955]

Answer:

concurrent

Explanation:

Concurrent control is when the work done by labour is monitored as the task is being performed. This is to ensure that the product of labour meets quality standards.

Feedback control involves reviewing information on the performance of workers to determine if performance meets quality standards.

Feedforward controls is also known as preventive control : identifies deviation from quality standards before they occur

5 0

3 years ago

Question 13 Pina Colada Corp. has the following inventory data: July 1 Beginning inventory 108 units at $19 $2052 7 Purchases 37

schepotkina [342]

Answer:

Endign inventory cost= $3,708

Explanation:

Giving the following information:

Purchases 378 units at $20

Purchases 54 units at $22

Under the FIFO (first-in, first-out) method, the ending inventory is calculated using the cost of the lasts units incorporated into inventory:

Ending inventory in units= 180

Endign inventory cost= 54*22 + 126*20

Endign inventory cost= $3,708

5 0

3 years ago

Activities included (and not included) in the calculation of GDP

kicyunya [14]

Answer:

Included in 2020 GDP

1. Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December 14, 2020. An elementary school student buys the chocolate bar on December 24.

4. Zippycar, a U.S. automobile company, produces a convertible at a manufacturing plant in Minneapolis on January 6, 2020. It sells the car at a dealership in San Francisco on February 2, 2020.

5. Roadway Motors, a U.S. automobile company, produces a convertible at a plant in Germany on March 11, 2020. Roadway Motors imports the convertible into the United States on May 29, 2020.

NOT INCLUDED IN 2020 GDP

2. The Jones family buys an antique silver platter at an auction in upstate New York on March 11, 2020.

3. Graincorp, a U.S. agricultural company, produces corn syrup at a plant in Iowa on September 25, 2020. It sells the corn syrup to Crunchy's for use in the production of cereal that will be made in the United States in 2020

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceeds import there is a trade deficit and when import exceeds import, there is a trade surplus.

Items not included in the calculation off GDP includes:

1. services not rendered to oneself

2. Activities not reported to the government

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

The purchase of chocolate would be added to GDP as part of consumption spending on non durable items.

the purchase of the antique silver platter would not be added as part of GDP because it wasn't produced in 2020 and only goods produced in 2020 would be added to 2020 GDP.

The corn syrup is an intermediate good and it would not be added in the calculation of GDP. only final goods are added in the calculation of GDP.

The automobile would be added to GDP as part of investment spending by businesses.

the import of cars would be added as part of net export in 2020 GDP

5 0

3 years ago

Your parents have given you a new car on your 20th birthday for which they paid about $24,000. Assume this is also the price you

Svetllana [295]

Answer:

$24,300

Explanation:

The total economic cost is the cost of doing something or buying an item along with the opportunity cost of doing something else.

Total cost= Monetary cost + Opportunity cost

Opportunity cost is defined as the forgone alternative when an individual performs an action.

In this scenario the monetary cost of the car is the maintenance of gasoline and oil. That is 200+ 100= $300

The opportunity cost is the amount the car would have been sold for, which is the forgone alternative. That is $24,000

Therefore

Total cost= 300+ 24,000

Total cost= $24,300

6 0

4 years ago