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ddd [48]
3 years ago
12

Kim wants to work for a corporation and earn a high salary. Jim wants to work for a not-for-profit organization and save the env

ironment. These examples show that the different goals of the organizations affect the ____________ of the people who work for them.
A. rules
B. expenses
C. benefits
Business
2 answers:
aleksandrvk [35]3 years ago
8 0

Answer:

C. Benefits

Explanation: Directly impacts what each person WANTS and is getting (Not just money) as shown by Jim. if in the question they were to only deal with the money that each gets from their job then the answer would be expenses. Wanting to save the environment is not an expense it is a <u>benefit </u>of working at the non-profit.

barxatty [35]3 years ago
5 0

Answer:

C. benefits

Explanation:

Corporations operate for the purpose of making the most profit possible. For this, they hire employees who are able to promote this and usually these people are well paid. On the contrary, non-governmental organizations exist for the purpose of improving the situation of a particular sector, such as the environment or health. Since the purpose of these NGOs is to bring about improvements to society, instead of making a profit, they cannot afford high wages. A person who works for an NGO does this by identification and love of the cause. This difference in purpose affects employee benefits. Some will be richer and some less. Some may spend more and others less. It just depends on each one's goals.

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Assume the prior year ending inventory was understated by $ 50,000 . Explain how this error would affect the prior year and curr
adelina 88 [10]

When Prior year ending inventory understated by $ 50,000 :

If the ending inventory of the prior year has been understated then the COGS of the prior year get overstated which ultimately understated Pretax income by the same margin.

Prior year ending inventory is the current year opening inventory,  so when the prior year ending inventory has been understated that means the current year opening inventory is also getting understated.  Which resulted in an understatement of COGS and due to which pretax income of the current year gets overstated by the same margin.  

Total pretax income of the two years = $ (50,000) + $ 50,000 = Nil ( No effect).

The four most commonly used inventory types are Raw Materials, Work in Process (WIP), Finished Goods, Maintenance, Repair, and Overhaul (MRO). Knowing the nature of your inventory will help you manage your inventory better and smarter. Consider a fashion retailer like Zara, which operates seasonally.

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8 0
1 year ago
Which of the following is an incorrect statement regarding variances?
laiz [17]

Answer:

The answer is B.

Explanation:

Variance is the difference between the expected sales(revenue), price, material quantity, material cost(expense) and the actual sales, price or material quantity.

Sometimes, expected or budgeted sales or price might be higher than actual sales or price, if this happens the variance is an unfavorable one.

And if it is the actual that is higher or more than the budgeted or expected sales or price, we say it is a favourable variance.

4 0
3 years ago
If a recent ad deterred you from buying the product, describe why. How would you change it? Share a link if you can (please be s
vredina [299]

Some reasons why an ad deterred a consumer from buying a product could be lack of information or jarring communication.

<h3 /><h3>How to build an effective ad?</h3>

It is essential that the marketing team develop a strategy to engage your potential consumer. For this, it is necessary to align the language and ideas contained in the ad to have the expected effect on the consumer, in addition to identifying the ideal channel for placement.

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3 0
2 years ago
Bruner Stores wants to have 500 shovels in ending inventory on December 31. Budgeted sales for December are 1,950 shovels. The N
Bas_tet [7]

Answer:

Purchases =  2100 shovels

Explanation:

given data

ending inventory = 500 shovels

Budgeted sales = 1,950 shovels

inventory = 320 shovels

to find out

How many shovels should Benson Stores purchase for December

solution

we know here ending inventory formula that is express as

Ending inventory  = Beginning inventory + Purchases - Sales   .......................1

put here value we will get Purchases

so that

500 = 320 + Purchases - 1950

Purchases =  500 + 1950 - 350

Purchases =  2100 shovels

7 0
3 years ago
Able Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the compa
Scilla [17]

Answer and Explanation:

a. the equivalent units of production

                                       Material          Conversion cost

Unit completed and

transferred out                 20,700           20,700

Ending Work in progress  480                 180

                                     (600 × 80% )      (600 × 30% )

Equivalent unit                21,180           20,880

b.The costs per equivalent unit

                                       Material          Conversion cost

Beginning

work in progress             342                      2,394

Cost added                      $44,136            $546,750

Total cost                        $44,478             $549,144

Equivalent unit                  21,180              20,880

Cost per unit                      $2.1                   $26.3

c. The cost of ending work in process inventory

                                  Material       Conversion cost        Total cost

Ending  

work in progress      1,008                4,734                      5,742

                       (600 × 80% × $2.1)   (600 × 30% × 26.3 )

d. The cost of the units transferred to the next department

                                  Material       Conversion cost        Total cost

Unit completed and

transferred                 43,470              544,410                 587,880

                             (20700 × $2.1 )   (20700 × $26.3 )

4 0
3 years ago
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