Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
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Jim could get the views of employees who may have left the company due to perceptions of discrimination or unequal treatment by contacting them. For contacting the employees who have left the company due to perceptions of discrimination or unequal treatment Jim should first find out details of those people like phone number and email address.
After finding out the details, he should contact them and ask what is their reason to leave the company and if they feel discrimination or unequal treatment practice in company and if yes why they feel so. If they give confirmation regarding the same then Jim should talk to the current employees and find out how it happen and who practices this in firm.
After knowing the issue Jim should take appropriate steps to discard this practice from the organization.
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Answer:
B. $ 12 comma 600 comma 000
Explanation:
15,000 units x $700 cost per unit = 10,500,000 total cost
markup policy for the firm: 20% of total cost
the sales price will be the total cost for the order plus a 20% of that cost as a gross profit margin.
sales price = cost x (1 + 20%)
sales price = total cost x 1.20
sales price = 10,500,000 x 1.2 = 12,600,000
Answer:
June 1 Sheldon Cooper invests $4,000 cash in exchange for shares of common stock in a small welding business.
Account Debited: Cash
Account Credited: Common Stock capital
2 Purchases equipment on account for $1,200.
Account Debited: Equipment
Account Credited: Accounts Payable
3 Pays $800 cash to landlord for June rent.
Account Debited: Rent expense
Account Credited: Cash account
12 Bills P. Leonard $300 after completing welding work done on account.
Account Debited: Accounts receivable
Account Credited: Service revenue
The assumptions that are made in CVP analysis includes the following:
- costs can be classified as variable or fixed.
- costs are linear within the relevant range.
- constant fixed cost per unit.
<h3>What is CVP analysis?</h3>
Cost Volume Profit analysis is the type of analysis that has to do with the cost accounting. This type of analysis is one that takes the impact of the various costs and volume on profit.
It helps to check how the changes that occur in the variable and the fixed cost affect profit.
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