Answer:
Net Income for the year is $174,000
Explanation:
Net Income Calculation for the year is done below:
<u>Particulars</u> <u>$</u>
Revenues (290,000 + 50,000) 340,000
Less: Rent (30,000 / 2) (15,000)
Less: Salaries (110,000)
Less: Utilities (40,000 + 1,000) (41,000)
Net Income 174,000
Please note the following with regard to the calculation done above:
- Revenue includes both the cash collected from customers and cash owed by the customers, which received later on at the end of the year.
- Rent has been divided by two, this is due to the fact that calculation of net income is done for the current period so only one year rent is taken.
- Utilities include cash paid for utilities and the amount company owed to gas & electric company.
Answer:
D. $511,920
Explanation:
For determining the estimated manufaturing overhead first determined the predetermined overhead which is shown below:
= (Actual manufacturing overhead - underapplied overhead) ÷ (actual direct labor hours)
= ($506,920 - $23,440) ÷ (20,400 hours)
= $23.7
Now the estimated manufacturing overhead is
= $23.7 × 21,600 hours
= $511,920
Answer:
A) operant conditioning
Explanation:
Operant conditioning is a method that operates on either reward or punishment of employees behavior and attitude towards the job.
From the companies policy initiative it has created a pay-as-you-work environment for the employees ( i.e. "the more you work the more you get paid" - Reward and "the less you work the less you get paid" - Punishment )
Answer:
A) $102,000
Explanation:
The computation of the amount used today for preparing the operating budget is shown below:
= Contract value × forward rate
= $100,000 × $1.02
= $102,000
For computing this, we consider the forward rate and the same is multiplied with the contract value so that the correct amount can come.
All other information which is given is not relevant. Hence, ignored it
Providing incentives for enterprise social network adoption and use is under the strategy best practice.
<h3>What is enterprise social network?</h3>
Enterprise social networking refers to an organization's use of social media (internally and externally), to connect individuals who share similar business ideas.
Examples of enterprise social network include:
- IBM's Connections
- Cisco's Webex Social
Hence, providing incentives for enterprise social network adoption and use is under the strategy best practice.
Learn more about enterprise social network here brainly.com/question/20115584
