True, the most fundamental reason for having a safety-friendly corporate culture is competition.
<h3>
What is corporate culture?</h3>
Corporate culture refers to the attitudes and behaviors that govern how employees and management interact in a corporation. Corporate culture is frequently suggested rather than explicitly stated, and it evolves organically over time from the cumulative attributes of the people the firm hires. National cultures and customs, economic trends, international trade, company size, and goods all have an impact on corporate culture.
Corporate cultures, whether designed or naturally developed, penetrate to the core of a company's concept and practice, affecting every area of the business. The culture of a firm will be reflected in its dress code, business hours, office layout, and many other aspects of operations.
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Answer:
Month 1 = 5.3 Days
Month 2 = 4.9 Days
Month 3 = 3.9 days
Month 4 = 4.5 Days
Explanation:
The computation of throughput time for each month is shown below:-
Throughput time = Process time + Inspection time + Move time + Queue time
Month 1 = 0.7 Days + 0.6 Days + 0.6 Days + 3.4 Days
= 5.3 Days
Month 2 = 0.7 Days + 0.6 Days + 0.5 Days + 3.1 Days
= 4.9 Days
Month 3 = 0.7 Days + 0.4 Days + 0.4 Days + 2.4 Days
= 3.9 days
Month 4 = 0.4 Days + 0.6 Days + 0.8 Days + 1.7 Days
= 4.5 Days
Therefore for computing the throughput time for each month we simply applied the above formula.
Costs that are incurred to produce two or more products at the same time are called Joint costs.
<h3>What is a product?</h3>
A product is referred to as finished goods assembled in the industry and distributed to intermediaries to serve in the market and make available to customers.
Joint costs are expenses incurred to produce two or more products together. It is used to determine the cost of operating joint-product operations, which includes collection and disposal.
It is calculated by dividing the sum of the costs incurred for all jointly produced goods prior to their separation by the total number of goods produced collectively.
Therefore, Joint cost is the answer.
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To negotiate a balance in costs between the tax on imported goods and the cost to the company for production.
Answer:
Nancy Tercek
Income Statement for the month ended June 30 2019
$ $
Service Revenue 6300
Less: Expenses
Rent Expense 600
Gas Expense 300
Utilities Expense 300
Salaries Expense 1190 (<u>2390)</u>
Net Income <u>3910
</u>
Explanation:
- These are the only transactions relating to income statement. We calculated the revenue by adding the service revenue earned on 5 june (4700) and on 20 June (1600).
- In service business there are no Cost of Goods Sold.
- We deduct the Expenses relating to operations.
- There are only four expenses and the finance cost relating to notes payable cannot be calculated as the interest rate is not provided.
