<u>Answer:
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Out of the following positions, the position of the factory supervisor would have a salary or wage that is classified as a factory overhead cost by a baking company.
<u>Explanation:
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- For a baking factory, professionals like a baker, a salesman, or the president of the company are mandatory to have.
- The need for a factory supervisor arises only if it is devised or felt that the employees would not work properly if they are not monitored.
- If such a need is not felt anymore, the salary of the factory supervisor would be considered as an overhead cost by the company.
Answer:
(a) Coaching and facilitation
Explanation:
Coaching refers to polishing the skills of the employees by imparting knowledge and adequate training so that they are able to contribute efficiently as well as perform to their potential.
Facilitation refers to easing out the processes or making complex tasks easier. Facilitation refers to the act of simplifying a task.
Command and control tend to be imperative, domineering and authoritative. Those two terms also point towards rigidity and inflexibility.
Thus, shift in managerial work from command and control has been towards (a) Coaching and facilitation.
Answer and Explanation:
The journal entries are shown below;
a. Accounts Payable $91,000
To Note Payable $91,000
(being the issuance of the note payable is recorded0
b Note Payable $91,000
Interest Expense $3,412.50 ($91,000 × 15% × 90 days ÷ 360 days)
To Cash $94,412.50
(Being the payment of the note is recorded)
These two entries should be recorded
Family members can give advice but if they are not a business partner, then they don't have much of a say in the business.
Answer: c) the core competencies of the parent corporation and on the value created from the relationship between the parent and its units.
Explanation: