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leva [86]
3 years ago
14

Your supervisor constantly gets on you for things that you feel aren't your fault. Every other day , they approach you about wor

k that isn't done , but you know that it's someone else's responsibility . How will you handle this issue
Business
1 answer:
Mariana [72]3 years ago
8 0

Answer: Try talking so your supervisor about it so he understands you can’t deal with certain that aren’t your responsibility, if it doesn’t work you should speak to a superior higher than your supervisor before it’s too late and you’re blamed for the unnecessary

Explanation:

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Due to erratic sales of its sole product—a high-capacity battery for laptop computers—PEM, Inc., has been experiencing financial
arlik [135]

Answer:

The company's CM ratio: 0.5

Its break-even point in units: 14,300 units and in dollars:  $286,000

Explanation:

Variable expense per unit = Variable expenses/ number of units = $128,000/12,800 = $10

The contribution margin ratio is calculated by using following formula:

Contribution margin ratio = (Sales - Total Variable cost)/Sales  = ($256,000 - $128,000)/$256,000 = 0.5

The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:

Break-even point in units = Fixed expense/(Selling price per unit-Variable expense per unit) =  $143,000/($20 - $10) = 14,300 units

Break-even point in dollars = 14,300 units x Selling price per unit = 14,300 x $20 = $286,000

6 0
3 years ago
Total revenue is: a. the price effect times the quantity effect. b. the price of a good times the quantity of the good that is s
Lemur [1.5K]

Answer:

The correct answer is b. the price of a good times the quantity of the good that is sold.

Explanation:

Total income (IT): is simply the price of a good multiplied by the quantity of that good sold. The sum of the income obtained from the sale of all the units produced or the total amount that a company receives for the sale of its product: the unit price for the quantity of product that the company decides to produce.

It is calculated as the price of the good multiplied by the quantity sold.

When the price is reduced, what happens to income, that is, whether it increases or decreases, will depend on the quantity demanded increasing enough to counteract the effect of the price reduction. For a competitive (price-taking) company in the product market, Total Revenue is simply proportional to production.

6 0
3 years ago
Read 2 more answers
The journal entry for the collection of the notes is A. Debit Cash 4,000; Credit Accounts Receivable 4,000 B. Debit Cash 3,018;
Setler79 [48]

Answer:

The correct answer is B. Debit Cash 3,018; Credit Notes Receivable 3,000, Credit Interest Revenue 18

Explanation:

The question is incomplete as it only stated the requirement of the question. However, option B above is the closest answer because the company applies the accrual method of accounting, that was why a note receivable was established. The appropriate journals are:

Debit Cash                                        $3,018

Credit Note receivable                   $3,000

Credit Interest receivable                     $18

<em>(Recognition of payment of note receivable with interest)</em>

Note receivable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest revenue on the notes is calculated as: Principal x Interest Rate x Time

You can use the formula above to arrive at the interest revenue as: $3,000 x Interest rate%/12 x No of months = $18.

Note that the company can accrue for the interest revenue on a monthly basis and not necessarily wait till collection period before recognizing it. Monthly interest revenue recognition would be:

Debit Interest receivable                    $XXX

Credit Interest revenue                      $XXX

<em>(Monthly interest revenue recognition on note)</em>

6 0
3 years ago
g According to the CAPM, what is the expected rate of return for a stock with a beta of 1.2. when the risk-free rate is 6% and t
lys-0071 [83]

Answer:

20.40%

Explanation:

According to CAPM :

expected rate of return = risk free rate + (beta x market rate of return)

6% + (1.2 x 12%) = 20.40%

6 0
3 years ago
Factory Overhead Rates, Entries, and Account Balance Sundance Solar Company operates two factories. The company applies factory
Kipish [7]

Answer:

A) $21.50 per machine hour

B) $40.80 per direct labor hour

Explanation:

A) factory 1 overhead ⇒ on the basis of direct machine hours.

overhead rate factory 1 = estimated total overhead costs factory 1 / estimated machine hours

= $12,900,000 / 600,000 machine hours = $21.50 per machine hour

B) factory 2 overhead ⇒ on the basis of direct labor hours.

overhead rate factory 2 = estimated total overhead costs factory 1 / estimated labor hours

= $10,200,000 / 250,000 labor hours = $40.80 per direct labor hour

8 0
3 years ago
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