These skills enable the managers to make use of human potential in the company and motivate the employees for better results. *

Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

photoshop1234 [79]

Answer:

Unit product cost= $84

Explanation:

Giving the following information:

Units produced 8,700

Direct materials $13

Direct labor $55

Variable manufacturing overhead $1

Fixed manufacturing overhead $130,500

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unitary fixed overhead= 130,500/8,700= $15

Unit product cost= 13 + 55 + 1 + 15= $84

5 0

3 years ago

On January 8, Lowrence Co. issued a $60,000, 120-day discounted note to Raines Bank. The discount rate is 8%. Assuming a 360-day

Salsk061 [2.6K]

Answer:

a. $58,400

Explanation:

A discounted note, will make the person receive a lesser amount than the amount due at maturity. This way the person who grants the note is receiving interest for borrowing.

<em><u>Calculations</u></em>

principal x discount rate x time = discount

<em><u>Where</u></em> rate and time should be expressed in the same metric IE if the rate is annual express time in portion of years if it is monthly, in months.

60,000 x 0.08 x 120/360 = 1,600

Now, we subtract this amount form the nominal:

nominal - discount = net

60,000 - 1,600 = <u>58,400</u>

6 0

3 years ago

Read 2 more answers

Which professional’s advice is Peter seeking? Peter wants to buy office space for his new business. However, he is not sure if t

Igoryamba

Peter is consulting someone who sells commercial real estate. Peter wants to make sure he's in a good place business wise and that it is the best time before he makes the purchase for a new building. By consulting the agent, he can get a better understanding of when the right time to purchase will be.

4 0

3 years ago

Read 2 more answers

gAlex has been the highest performer within his department for the last five years. Vera, the Head of the Division in which Alex

kipiarov [429]

Complete question:

Alex has been the highest performer within his department for the last five years. Vera, the Head of the Division in which Alex works, has decided to promote Alex to reward him for his hard work and dedication to the firm. Vera believes that his technical proficiency will inspire the rest of the team to work harder and become more accurate.

Is Vera's reasoning sound? Does Alex's technical proficiency help to ensure his success as a manager?

a. Yes, Alex's high expectations will make him a better manager.

b. No, human relations skills are just as important as technical expertise.

c. Yes, technical proficiency is the key to managerial success.

d. Yes, technical proficiency in a manager is inspirational to teams.

Answer:

(B) No, human relations skills are just as important as technical expertise.

<h3>What is technical expertise?</h3>

Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs.
From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.
Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs.
From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.

<h3>What are relations skills?</h3>

This includes communicating openly, actively listening, cooperating, refusing improper social pressure, constructively negotiating disagreement, and seeking and offering assistance when needed.
Relationship skills are essential for personal and professional success.
Trust, respect, self-awareness, inclusiveness, and open communication are all required for a healthy professional relationship.
Let's take a closer look at each of these traits.
You can be open and honest in your ideas and actions when you trust your team members.

So, in this instance, Vera is attempting to argue that interpersonal skills are just as vital as technical skills.

Therefore, the correct option is (B) No, human relations skills are just as important as technical expertise.

Know more about technical skills here:

brainly.com/question/26895031

#SPJ4

5 0

2 years ago

Dish Corporation acquired 100 percent of the common stock of Toll Company by issuing 10,000 shares of $10 par common stock with

ASHA 777 [7]

Answer:

a) $2,550,000

b) $1,550,000

c)$1,000,000

d) Goodwill is $50,000

Explanation:

Part A) Determine the total Assets of the business to be used in the consolidated balance sheet

The consolidated Total Asset for Dish Corporation and Toll Company is as follows:

The Book value of the assets of Dish + Toll's assets fair value + The goodwill

How to calculate the goodwill

First, dish paid the following for acquiring Toll = $10,000 @ $60 = $600,000

Secondly, The net worth of Toll at the time was = $1,300,000- $750,000 (Assets- Liabilities)= $550,000

The Good will = $600,000- $550,000

= $50,000

<u>Calculate Consolidated Asset</u>

The Book value of the assets of Dish + Toll's assets fair value + The goodwill

= $1,200,000 + $1,300,000 + $50,000 = $2,550,000

Part b) Total Liabilities

The book value of Dish Corporation Liabilities + The Fair value of Toll Liabilities

= $800,000 + $750,000 = $1,550,000

Part c) The total or consolidated Equity =

The formula for equity at this point = The Total Assets (Part A) - The Total Liabilities (Part b)

= $2,550,000 - $1,550,000

=$1,000,000

7 0

3 years ago