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Ber [7]
3 years ago
11

Evan accidentally quoted a customer a price for new flooring that was more than $1,000 less than the actual price. His manager h

ad a choice of punishing Evan or providing him coaching and retraining on how to calculate the cost of flooring correctly. His manager chose to retrain Evan, using the control of Multiple Choice
a. feedforward.
b. concurrent.
c. feedback.
d. evaluation.
e. monitoring.
Business
1 answer:
igomit [66]3 years ago
4 0

The Manger Has exercised <u>Concurrent Control</u> on Evan by taking the decision to retrain him.

Explanation:

Concurrent control as the name suggest is the type of control that takes place in the Real-time or at the time the mistake occur.It is a type of a ongoing control and is a continuous process.

This type of control is used to monitor those employees who  directly interact with the customers

<u>For Example</u>: A restaurant waiter must be aware about the menu list(Starters,Main Course),A car sales man should be aware about the features of the car  and its USP(Unique Selling Proportion)

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You are not required to wear a helmet while operating a motorcycle if you can show proof that you are covered by an insurance po
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You are not required to wear a helmet while operating a motorcycle if you can show proof that you are covered by an insurance policy that provides at least C)$10,000 in medical benefits.

This situation related to the financial responsibility of the motorcycle driver to cover the accident. This situation regulated with a regulation called the Financial Responsibility Law.
8 0
3 years ago
Read 2 more answers
Fresher Foods, Inc., orally agreed to purchase one thousand bushels of corn for $1.25 per bushel from Dale Vernon, a farmer. Fre
Yuri [45]

Answer:

In the case of Fresher Goods, Inc.v. Vernon, the trial court will possibly conclude that Vernon must complete the portion of the payment which has already been compensated for as a result of partial results.

Explanation:

Vernon accepted partial payment for the sold goods. While the Law of Frauds demanded that any contract for the selling of goods at a price of $500 or more be enforceable in writing, the oral arrangement was partially compensated and agreed by all parties. That part of the deal was binding, so Vernon would supply 100 corn bushels to Fresher for $1.25 per bushel.

3 0
2 years ago
If on November 26,2017, The Dow Jones industrial average closed at 12,743.40, which was down 237.44 that day. what was the retur
n200080 [17]

Answer:

-1.83%

Explanation:

The closing price was 12,743.40, which was down by .

it means that the opening price was

$12,743.40 +  $237.44 = $12,980.44.

The percentage return will be the

return/ original price x 100

=- - 237.44/12,980.44 x 100

=  - 0.018291574 x 100

=  - 1.83%

7 0
2 years ago
The approach used when overhead is applied to jobs by multiplying a predetermined overhead rate by the actual amount of the allo
Sati [7]

A method of costing whereby overhead costs are allocated to a job by multiplying the actual cost of the allocation base incurred by the job by a specified overhead rate is known as Normal Costing.

<h3>What is predetermined overhead rate?</h3>

An allocation rate known as the predetermined overhead rate allocates a specific amount of manufacturing overhead to job orders or goods.

Predetermined overhead is frequently calculated at the start of each reporting period by dividing the anticipated manufacturing overhead expenses by an allocation base.

The allocation base refers to the time taken to perform an activity such as the machine hours, direct labor hours etc.

Normal Costing also known as the product costing method in which the several cost such as the direct cost, material cost, manufacturing overhead cost as well as the work in progress is added.

Learn more about Predetermined overhead here:

brainly.com/question/15059078

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2 years ago
This problem Set is based on materials covered in modules 1 and 2. It is designed for you to demonstrate your understanding of b
Vilka [71]

Answer:

operating Income = Sales – Variable Costs – Fixed Costs

A CVP analysis is used to determine the sales volume required to achieve a specified profit level. Therefore, the analysis reveals the break-even point where the sales volume yields a net operating income of zero and the sales cutoff amount that generates the first dollar of profit.

Cost-volume profit analysis is an essential tool used to guide managerial, financial and investment decisions.

COST-VOLUME PROFIT ANALYSIS

Contribution Margin and Contribution Margin Percentage

The first step required to perform a CVP analysis is to display the revenue and expense line items in a Contribution Margin Income Statement and compute the Contribution Margin Ratio.

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2 years ago
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