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4 years ago

A major shift for personnel management arrived in the 1930's with the emergence of:

1 answer:

8 0

A major shift for personnel management arrived in the 1930's with the emergence of UNION LAWS.
Union laws refers to a set of laws that govern the relationship between the employers and the employees. Union laws were first released in the 1903's and it changed the manners the employers treat their workers.

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The Accounts Receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account durin

Marizza181 [45]

Answer:

C) $48,000

Explanation:

The account receivables is the account used to house revenue that has been earned but yet to be received in the balance sheet. It is the holding account pending the settlement of cash for services rendered or goods sold.

As such, where the Accounts Receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account during the month. The ending balance was $12,000

Let the amount received from customers be K

$10,000 + $50,000 - K = $12,000

K = $10,000 + $50,000 - $12,000

K = $48,000

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3 years ago

1. Sales discounts with terms 2/10, n/30 mean: a. 10 percent discount for payment within 30 days. b. 2 percent discount for paym

gulaghasi [49]

Answer: 1. b. 2 percent discount for payment within 10 days, or the full amount (less returns) due within 30 days.

2. Net Sales will Increase.

Explanation:

1. When a company offers Sales discounts with terms 2/10, n/30, it is broken down as follows,

The 2 is the discount in percentage,

The 10 is the number of days you have to pay the company in order to receive the discount

n/30 is the total amount of days you have to pay the company if you had been unable to do so in those first 10 days. Paying within this period after the first 10 days does not entitle you to thw discount.

Therefore the above sales discount terms offered are a 2 percent discount for payment within 10 days, or the full amount (less returns) due within 30 days.

2. Sales returns and Sales Allowances have the effect of reducing the net sales figure as goods are returned and risk has to be dealt with. If they reduce therefore, the net sales figure rises.

A reduction in the discount by the credit card company also leads to a Rise in sales because it reduces the amount that the company has to give in discounts thereby increasing the amount made per sale/ transaction.

If you need any further clarification, do comment. Cheers.

4 0

3 years ago

The company allocated manufacturing overhead of using a predetermined overhead rate of per machine hour. The total actual manufa

blagie [28]

Answer:

Instructions are below.

Explanation:

Giving the following information:

We weren't provided with enough information to answer, but, I can provide with an example and formulas to guide an answer.

For example:

Estimated overhead for the period= $1,500,000

Estimated machine-hours= 55,000

Actual machine-hours= 62,000

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,500,000/55,000

Predetermined manufacturing overhead rate= $27.27

Now, we can allocate overhead based on actual hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 27.27*62,000

Allocated MOH= $1,690,740

4 0

3 years ago

Taylor Inc. has some material that originally cost $65,500. The material has a scrap value of $56,300 as is, but if reworked at

fgiga [73]

Answer:

-$2,350

Explanation:

In this question, we have to compare the cost which is shown below:

If we considered the reworked cost, then the sales would be

= Sales - reworked cost

= $55,700 - $1,750

= $53,950

And the scrap value is $56,300

So, the financial disadvantage would be

= Sales without reworked cost - scrap value

= $53,950 - $56,300

= -$2,350

All other information which is given is not relevant. Hence, ignored it

5 0

3 years ago

__________are products that are designed and produced from the start to meet unusual customer needs or requirements. They repres

Crazy boy [7]

Answer:

Engineered to order.

Explanation:

Is a type of a manufacturing process where the products are designed and are finished to meets the needs, and requirement of the customer.

And are highly customized in nature in order to meet the specif needs of the order. And has a substantial quantity of design and needs the engineering analysis.

8 0

3 years ago