In an indirect message, valid reasons for the refusal are presented before the bad news. Which option is most effective? a.If we accepted your rather dated desktops and laptops, we would risk software incompatibility, high repair bills, and substantial replacement costs for missing input and output devices. b.We're very sorry but our policy does not allow us to accept donations of used computing equipment. c.We had to establish guidelines for the acceptance of used computing equipment because only new computers provide warranties, compatible software, and come with matching peripherals.

Answers

Answer 1

Answer:

c.We had to establish guidelines for the acceptance of used computing equipment because only new computers provide warranties, compatible software, and come with matching peripherals.

Explanation:

An indirect message aims to soften bad news, to achieve this goal the message is transmitted through a soothing speech, where there is an explanation of the reasons for the bad news before reaching the fact, in order to cushion the impact that the message may cause. Indirect discourse is more accepted in the case of the transmission of bad news, as individuals generally tend to better understand the facts when they are explained through evidence.

Therefore, the letter c corresponds more adequately to an indirect speech.


Related Questions

Uber and Lyft Drivers Go on Strike This activity is important because fairness gives employees observable evidence of trustworthiness of a manager, company or other source. Managers should know the types of justice and how they can exhibit those to gain trust. Trust is a strong predictor of organizational commitment and a moderate predictor of job performance. The goal of this exercise is to demonstrate your understanding of justice, by reading a case and answering questions that follow. Read the following case about Uber and Lyft and answer the questions that follow. Uber and Lyft drivers went on strike in several U.S. major cities the week of May 6, 2019, holding rallies and, in some cases, drivers not working for 12 to 24 hours. The drivers were protesting a pay decrease per mile and seeking better benefits. Lyft and Uber drivers are independent contractors, so they do not qualify for the same benefits and protections that govern typical employees. Drivers aren't guaranteed minimum wage or overtime, for example. Currently, Uber offers some benefits for high volume drivers, such as discounts on car repair and maintenance. Lyft and Uber have pushed back, with Lyft saying that most drivers work 10 hours or fewer a week and wouldn't qualify for benefits anyway. The timing of the strikes was no accident because Uber faced its IPO (initial public offering) the same week. Since then, Uber reported its largest quarterly loss in August 2019 of $5.2 billion. Furthermore, Lyft's shares fell 20% since its March 2019 IPO. If drivers were considered employees, they would get the same benefits and labor protection of other employees. Legally, they would be entitled to unemployment insurance, health care subsidies, overtime pay and a guaranteed minimum wage, among other rights. The lawsuit currently progressing through the court system in California is projected to be passed into law by the state senate. Uber and Lyft are not the only companies using "gig" workers. For example, another booming business model is food delivery, like Grubhub and DoorDash. Part of these companies' pushback is saying they will not be able to employ as many people due to the costs of benefits. In California, Uber is estimated to have 140,000 drivers and Lyft to have 80,000 drivers. Barclays, a renowned worldwide financial services company, estimated that benefits, payroll taxes and workers compensation would cost Uber $508 million per year and Lyft $290 million per year, assuming the same number of drivers were employed. In June 2019, Uber's and Lyft's top executives joined together to write an op ed in the San Francisco Chronicle to explain their arguments and promise to address the quality of work and job security. In their op ed, the executives sought to provide information to the public and drivers about their positions regarding providing benefits to drivers, showing the desire to increase justice. By relying on a respected source of information (Barclays), the executives appeared to use the rule of Multiple Choice procedural: truthfulness informational; procedure O Interpersonal: Informational O о informational; truthfulness interpersonal: procedure Drivers sought to advocate not just for full-time drivers, but part-time drivers too, seeking justice according to the rule of Multiple Choice О accuracy. propriety O O representativeness. volce. O truthfulness Drivers stated that they should have benefits that represent the number of hours they work, more for full-time drivers and fewer for part-time drivers, in the same way the company provides for their corporate employees. This suggests the drivers' desire for benefits allocated according to . a type of justice. Multiple Choice equity, procedural O need; procedural O O equality procedural U equity, distributive O O need: distributive Because the Uber and Lyft drivers sought a decision through the standard mechanisms of the court system, they appear to have focused on a desire for what type of justice?
a. procedural
b. interpersonal
c. informational
d. interdependent
e. distributive

Answers

Answer:

By relying on a respected source of information (Barclays), the executives appeared to use the rule of:

informational truthfulness.

Drivers sought to advocate not just for full-time drivers, but part-time drivers too, seeking justice according to the rule of:

rule of propriety

When drivers stated that they should have benefits that represent the number of hours they work, more for full-time drivers and fewer for part-time drivers, in the same way the company provides for their corporate employees. This suggests the drivers' desire for benefits allocated according to:

equity type of justice.

When Lyft drivers sought a decision through the standard mechanisms of the court system, they appear to have focused on a desire for:

a. procedural justice.

Explanation:

Procedural justice requires fairness in the administration of justice and legal proceedings

Interpersonal justice implies that authorities treat people fairly.

Informational justice requires the provision of adequate information or explanation for decisions.

Interdependent justice describes fairness based on other agency relationships.

Distributive justice refers to strict equal treatment of all.

Cost of Living The City of St. Albans has a unionized police force that is coming up for a contract renewal. The police have one issue: the cost of living increases. During the past 10 years, police officers have received minimal cost of living increases, and this time they want to match what other police forces are making. They claim that their salaries are below the national level. The incoming new police hire earns a salary of $48,200.

Required:
Prepare the data and an argument on behalf of the police officers to support their position.

Answers

Answer:

Police officers are national servants. Their salary needs to be adequate so that they can maintain their standard of living.

Explanation:

Police officers should be paid according to their level of skills and expertise. If they are paid below their minimal cost of living then they will feel demotivated and will not be able to justify their job role. They need to be self motivated with their adequate pay so they feel pride to serve the nation. The police officers should be paid equally to the new police hire salary which is $48,200.

Barbara, a product manager at an organic soap manufacturing company, is supposed to interview a candidate for a new job opening in her department. The candidate arrives late to the interview, and therefore Barbara assumes that he will be tardy and uninterested in his job as well. Despite the fact that the candidate meets all the job requirements, Barbara rejects the candidate. Which of the following interview errors has Barbara most likely made?
A. The first-impression error.
B. The similarity error.
C. The contrast error.
D. The non-relevancy error.

Answers

Answer:

A. The first-impression error.

Explanation:

It is correct to say that Barbara probably made the first-impression error in the interview, because this error occurs when there are initial judgments about a candidate in the interview, it was what happened when Barbara thought that the candidate would be disinterested at work due to his late to  the interview even the candidate meeting all the requirements of the position.

This error can be based on positive and negative judgments and can directly influence a job hiring.

Elbert Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $26,770 in the first quarter, and $5,240 increments are expected in the remaining quarters of 2020. Fixed expenses are expected to be $41,680 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2020.

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Variable expense= $26,770 ($5,240 increase each quarter)

Fixed expense= $41,680

First, we will calculate the total cost per quarter:

Q1= 26,770 + 41,680

Q1= $68,450

Q2= (26,770 + 5,240) + 41,680

Q2= $73,690

Q3= (32,010 + 5,240) + 41,680

Q3= $78,930

Q4= (37,250 + 5,240) + 41,680

Q4= $84,170

Now, the total cost:

Total annual cost= $305,240

Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to compete with Burger King. The contract spans eight months. Burger Boy promises to pay $93,000 at the end of each month. At the end of the contract, Velocity either will give Burger Boy a refund of $31,000 or will be entitled to an additional $31,000 bonus, depending on whether sales at Burger Boy at year-end have increased to a target level. At the inception of the contract, Velocity estimates an 80% chance that it will earn the $31,000 bonus and calculates the contract price based on the expected value of future payments to be received. At the start of the fifth month, circumstances change, and Velocity revises to 60% its estimate of the probability that it will earn the bonus. At the end of the contract, Velocity receives the additional consideration of $31,000. At the end of the contract, Velocity receives the additional consideration of $29,000.

Required:
a. Prepare the journal entry to record revenue each month for the first four months of the contract.
b. Prepare the journal entry that the Velocity Company would record after four months to recognize the change in estimate associated with the reduced likelihood that the bonus will be received.
c. Prepare the journal entry to record the revenue each month for the second four months of the contract.
d. Prepare the journal entry after eight months to record receipt of the cash bonus.

Answers

Answer:

a. Accounts Receivable (Dr.) $93,000

Bonus Receivable (Dr.) $2,325

Service Revenue (Cr.) $95,325

b. Service Revenue (Dr.) $9,300

Bonus receivable (Cr.) $9,300

c. Accounts Receivable (Dr.) $93,775

Bonus Receivable (Dr.) $775

Service Revenue (Cr.) $93,000

d. Cash (Dr.) $29,000

Bonus Receivable (Cr.) $29,000

Explanation:

The contract between Burger Boy and Velocity is for eight months.

Expected value of the contract on 1st month is :

80% * [ $93,000 * 8 months + $31,000 ] + 20% [ $93,000 * 8 months - $31,000] = $762,600

The expected value per month is $762,600 / 8 months = $95,325 per month

Expected value of the contract 5th month with revised probability is :

60% * [ $93,000 * 8 months + $31,000 ] + 40% [ $93,000 * 8 months - $31,000] = $750,200

The expected value per month is $750,200 / 8 months = $93,775 per month.

Questionnaires on situational leadership often ask for respondents to look at specific applications of leadership styles within situations, which may result in _____. Group of answer choices negative perceptions toward organizations a wide range of responses that are hard to validate biased results in favor of situational leadership results that are not in favor of situational leadership

Answers

Answer:

biased results in favor of situational leadership.

Explanation:

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her.

Some types of power expressed by leaders are referent power, coercive, etc.

Situational leadership is a leadership style which typically involves the leader adapting his or her style to match or suit the current work environment and fits the level of development of the followers being led.

Questionnaires on situational leadership often ask for respondents to look at specific applications of leadership styles within situations, which may result in biased results in favor of situational leadership because each situation has a unique style that suits it.

if this paper takes 2 hours and there are 100 questions in all, what is the average time you should spend on each question?​

Answers

The correct answer is 1.2 minutes on each question.
It will take 1.2 minutes per question.

For the year, Redder Company has cost of goods manufactured of $600,000, beginning finished goods inventory of $200,000, and ending finished goods inventory of $250,000. The cost of goods sold is​

Answers

Answer:

finished cost = $200,000

inventory cost=$250,000

manufactured cost= $600,000

cost of good= beginning inventory+purchase during period cost- ending inventory

$600,000+$200,000-$250,000

$550,000

The prepaid insurance account had a balance of $11,300 at the beginning of the year. The account was debited for $12,500 for premiums on policies purchased during the year. Journalize the adjusting entry required under each of the following alternatives for determining the amount of the adjustment:

a. The amount of unexpired insurance applicable to future periods is $2,100.
b. The amount of insurance expired during the year is $14,400

Answers

Answer:

A. Dr Insurance expense $21,700

Cr Prepaid insurance $21,700

B. Dr Insurance expense $14,400

Cr Prepaid insurance $14,400

Explanation:

A. Preparation of the adjusting entry if the

amount of unexpired insurance applicable to future periods is $2,100.

Dr Insurance expense $21,700

Cr Prepaid insurance $21,700

($11,300 + $12,500 - $2,100 = $21,700)

B. Preparation of the adjusting entry if The amount of insurance expired during the year is $14,400

Dr Insurance expense $14,400

Cr Prepaid insurance $14,400

The product life-cycle theory: Select one: a. was a strong predictor of trade patterns during the 1800s. b. was useful for explaining the pattern of trade during the brief period of American global dominance. c. proved to be a poor explanation of world trade patterns during the 1960s and 1970s. d. remains a relevant theory of explaining international trade in the modern world.

Answers

Answer:

b. was useful for explaining the pattern of trade during the brief period of American global dominance.

Explanation:

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

The theory of product life cycle asserts that all the raw materials or parts and the labour used for the manufacturing of the product must come from the specific location or area wherein it was produced for optimum profit.

Hence, the product life-cycle theory was useful for explaining the pattern of trade during the brief period of American global dominance.

Matching. A shopper is in the grocery store, trying to decide whether to buy apples of a particular variety. Identify the food product attribute that most closely corresponds to each scenario. A. The shopper sees bruises on the apple. B. The shopper knows the apple variety tends to have a mealy texture. C. The shopper notices the PLU code, indicating the apple is USDA Organic.

Answers

Answer:

hi

Explanation:

hi i am new but i realy need this app

Michelle is an active participant in the rental condominium property she owns. During the year, the property generates a ($15,000) loss; however, Michelle has sufficient tax basis and at-risk amounts to absorb the loss. If Michelle has $115,000 of salary, $10,000 of long-term capital gains, $3,000 of dividends, and no additional sources of income or deductions, how much loss can Michelle deduct

Answers

Answer: $11000

Explanation:

The total income earned by Mitchell will be the addition of the salary, long term capital gain and dividend. This will be:

= $115,000 + $10,000 + $3,000

= $128,000

The exception amount of $25000 can be gotten.

Modified adjusted gross income = $100,000

Phased out amount = ($128000 - $100000) × 50%

= $28000 × 0.5

= $14000

Mitchell's loss = $25000 - $14000 = $11000

Your company is estimated to make dividends payments of $2.1 next year, $3.6 the year after, and $4.2 in the year after that. The dividends will then grow at a constant rate of 6% per year. If the discount rate is 9% then what is the current stock price

Answers

Answer:

P0 = $122.79185  rounded off to $122.79

Explanation:

The dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under DDM is,

P0 = D1 / (1+r)  +  D2 / (1+r)^2  +  ...  +  Dn / (1+r)^n  +  [(Dn * (1+g) / (r - g)) / (1+r)^n]

Where,

D1, D2, ... , Dn is the dividend expected in Year 1,2 and so ong is the constant growth rate in dividendsr is the discount rate

P0 = 2.1 / (1+0.09)  +  3.6 / (1+0.09)^2  +  4.2 / (1+0.09)^3  +  

[(4.2 * (1+0.06) / (0.09 - 0.06)) / (1+0.09)^3]

P0 = $122.79185  rounded off to $122.79

North Company has completed all of its operating budgets. The sales budget for the year shows 50,900 units and total sales of $2,301,800. The total unit cost of making one unit of sales is $23. Selling and administrative expenses are expected to be $303,800. Interest is estimated to be $11,820. Income taxes are estimated to be $200,800. Prepare a budgeted multiple-step income statement for the year ending December 31, 2020.

Answers

Answer:

North Company

Budgeted multiple-step income statement for the year ending December 31, 2020

Sales                                                                     $2,301,800

Less Cost of Goods Sold (50,900 units x $23) ($1,170,700)

Gross Profit                                                             $1,131,100

Less Expenses

Operating Expenses

Selling and administrative expenses                   $303,800

Operating Profit                                                     $827,300

Non Operating Expenses

Interest                                                                      $11,820

Income taxes                                                        $200,800

Net Income (Loss)                                                  $614,680

Explanation:

North Company budgeted multiple-step income statement for the year ending December 31, 2020 is prepared above.

Multipoint pricing occurs when a company buys products at a cheaper rate in one country to sell at a higher price in another country. allows markets to determine the pricing of a product. aggressively prices in one market to elicit a competitive response from a rival in another market. prices its products at a loss in order to drive out competitors from the market. prices two similar products at low and high prices in order to boost sales of the lower priced products.

Answers

Answer:

aggressively prices in one market to elicit a competitive response from a rival in another market.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

One of the importance associated with the pricing of products is that, it improves the image of a business firm.

Multipoint pricing occurs when a company aggressively prices in one market to elicit a competitive response from a rival in another market.

This ultimately implies that, a company's pricing strategy in one market is likely to impact the pricing strategy of its rival in another market.

Spanolia LLC is estimating its WACC. Its bonds have a 12 percent coupon, paid semiannually, a current maturity of 20 years, and sell for 1,000 USD. The firm's marginal tax rate is 40 percent. What is the after-tax cost of debt

Answers

Text me I know the answer I have the book

On June 15, Oakley Inc. sells inventory on account to Sunglass Hut (SH) for $3,500, terms 2/10, n/30. On June 20, SH returns to Oakley inventory that SH had purchased for $800. On June 24, SH completely fulfills its obligation to Oakley by making a cash payment. What is the amount of cash paid by SH to Oakley

Answers

Answer:

$2,646

Explanation:

Calculation to determine the amount of cash paid by SH to Oakley

Cash paid=($3,500-$800)-[($3,500-$800)*2%]

Cash paid =$2,700-$54

Cash =$2,646

Therefore The the amount of cash paid by SH to Oakley is $2,646

The following information is available for Pioneer Company:
Sales price per unit is $100. November and December, sales were budgeted at 2,920 and 3,510 units, respectively. Variable costs are 11 percent of sales (6 percent commission, 3 percent advertising, 2 percent shipping). Fixed costs per month are sales salaries, $5,300; office salaries, $2,700; depreciation, $2,900; building rent, $4,000; insurance, $1,500; and utilities, $700..
Required:
Determine Pioneer's budgeted selling and administrative expenses for November and December.

Answers

Answer:

15

Explanation:

Snug Harbor Realty Co., had a checking account in 1st National Bank. When construction work was obtained by Snug Harbor, its superintendent, Magee, would examine the bills submitted for labor and materials. He would instruct the bookkeeper which bills were approved, and the bookkeeper then prepared the checks in accordance with his instructions. After the checks were signed by the proper official of Snug Harbor, Magee picked them up for delivery. Instead of delivering certain checks, he forged the signatures of the respective payees as endorsers and cashed the checks. The drawee bank then debited the Snug Harbor account with the amount of the checks. Snug Harbor claimed this was improper and sued the bank for the amount of the checks. The bank claimed it was protected by the impostor rule.

Required:
Will the bank be successful?

Answers

Answer:

Answer is explained in the explanation section below.

Explanation:

Solution:

The higher court's ruling was reversed, and the case was remanded for further proceedings.

The higher court argued that the trial court erred by failing to understand that the checks were for actual payees for the plaintiff, not names given by the employee, and that the trial court erred in its decision.

The bank will be covered under UCC 3-405 if an employee forged a payee and forged the endorsement on a company check and embezzled the check. The checks were meant for the company's actual payees, so this was not the case.

Carmelo, the editor of a business department of a national news magazine, went through a sequence of jobs in the company before he achieved this position. He joined as a staff reporter, then got promoted to technology reporter, then to editor of the business department, and then to deputy managing editor before achieving his current position. This is __________.

Answers

Answer:

organization-centered career planning

Explanation:

According to the information in the question, it is correct to say that the case of Carmelo fits into a organization-centered career planning, because Carmelo grew in the organization in a progressive sequence, joined as a team reporter and was climbing new roles until reaching a higher hierarchical position as your current position as editor of the magazine's business department.

Organization-centered career planning can be very beneficial to employees when the organization is well structured through a culture that enables the growth of employees and professional advancement in the company.

Select the true statement about default risk. It is the risk that the bond's price will fall below its par value. Bondholders have a degree of legal protection against default risk, but it is not comprehensive. Default risk relates to a bond's periodic coupon payments, but not to its maturity payment. Bondholders are guaranteed to be repaid in full if a company enters bankruptcy.

Answers

Answer:

Bondholders have a degree of legal protection against default risk, but it is not comprehensive.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

The par value of a bond is its face value and it comprises of its total dollar amount as well as its maturity value. Also, the par value of a bond gives the basis on which periodic interest is paid. Thus, a bond is issued at par value when the market rate of interest is the same as the contract rate of interest. This simply means that, a bond would be issued at par (face) value when the bond's stated rated is significantly equal to the effective or market interest rate on the specific date it was issued.

In Economics, bonds could either be issued at discount or premium. A bond that is being issued at a discount has its stated rate lower than the market interest rate, on the specific date of issuance while a bond that is issued at a premium, has its stated rate higher than the market interest rate on the specific date of issuance.

Default risk in bonds refer to the risk that a bond issuer (borrower) is unable to pay the principal or interest agreed upon in the contract with the bondholder (lender) in a timely manner.

Hence, the true statement about default risk is that bondholders have a degree of legal protection against default risk, but it is not comprehensive.

The true statement about default risk is: Bondholders have a degree of legal protection against default risk, but it is not comprehensive, Hence option B is correct.

Default risk refers to the risk that a borrower, such as a company or government, will be unable to meet its financial obligations, including the payment of interest and the repayment of principal on a bond.

While bondholders may have some legal protections in place, such as collateral or contractual agreements, these protections are not always comprehensive and may vary depending on the specific bond and its terms.

Therefore, bondholders face the risk of potential default, even though they may have some level of legal protection.

Learn more about default risk here:

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Hillary graduates from law school and gets a position in a law firm. At the same time the price of hamburger falls while other food prices have stayed the same. She notices that she buys less hamburger than she did before. Is she violating the law of demand?

Answers

Answer:

no, since other things are not held constant, including her income

Explanation:

The law of demand states that price has an inverse relationship with quantity demanded of a good. As price increases the demand reduces, and as price decreases quantity demanded increases.

However this is true when all other factors reman constant.

In the given scenario the price of hamburger has fallen but Hilary buys less of it. This looks like a violation of the law of demand, but her income has changed so the law of demand may not hold here.

All factors do not remain constant.

Hilary's behaviour can be explained by the concept income effect. Where an increase in income leads to the consumer buying more of expensive goods than cheaper ones.

John received a promotion at work and felt new clothes would be necessary in the new position. John went to a local store and charged three ties on his charge account at a cost of $60 each. Bill, a friend of John's, saw a sidewalk vendor selling ties at a cost of three for $10 and bought three at that price. The friends compared purchases that night and found that they had purchased identical ties. John became enraged and said that he would not pay the charge-account bill because the ties were clearly not worth $60 each. Bill indicated that he would testify on John's behalf if litigation ensued. What would be the probable outcome of the lawsuit

Answers

Answer:

John will lose the lawsuit

Explanation:

Businesses have a right to set the price of their products, and when the customers considers the price and agrees with it the deal is sealed.

In the given scenario John made the purchase at $60 per tie and he was satisfied with the sale at point of purchase.

He only became enraged when Bill told him he bought his identical ties at $10.

John will lose a lawsuit of he fails to pay the charge-account bill because he willingly agreed to the $60 per tie price.

Inventory by Three Methods The units of an item available for sale during the year were as follows:
Jan.1 Inventory 26 units at $200 per unit
Feb. 19 Purchase 57 units at $230 per unit
June 8 Purchase 60 units at $520 per unit
Oct. 7 Purchase 56 units at $275 per unit
There are 47 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost under each of the following methods.
a. Determine the inventory cost by the first-in, first-out method.
b. Determine the inventory cost by the last-in, first-out method
c. Determine the inventory cost by the average cost method. Do not round intermediate calculation and round final answer to the nearest whole value.

Answers

Answer:

a. $12,925.

Explanation:

the inventory cost by the first-in, first-out method are $12,925.

The Assembly Department for Right pens has the following production data for the current month.
Beginning Work in Process Units Transferred Out Ending Work in Process
0 15,000 10,000
Materials are entered at the beginning of the process. The ending work in process units are 50% complete as to conversion costs.
Compute the equivalent units of production for (a) materials and (b) conversion costs.

Answers

Answer:

(a) materials =   25,000 units and

(b) conversion costs =  20,000 units

Explanation:

Note : I will assume the Weighted Average Cost Method for this question since the information provided allows so.

The equivalent units of production for

(a) materials and

Units Completed and Transferred    15,000

Units in ending Work in Process       10,000

Total                                                   25,000

(b) conversion costs.

Units Completed and Transferred    15,000

Units in ending Work in Process        5,000

Total                                                   20,000

Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 320, 300, 372, 332, and 400 respectively. Budgeted production in units for January, February, and March were 315, 318, and 362 respectively. Each unit requires 3 direct labor hours and Galactic’s hourly labor rate is $16 per hour. The company’s variable overhead is $5.00 per unit produced and its fixed overhead is $5,600 per month..

Required:
a. Determine Galactic's direct labor budget for the first quarter.
b. Determine Galactic's manufacturing overhead budget for the first quarter

Answers

Answer:

Direct labor costs= $47,760

total manufacturing overhead= $10,575

Explanation:

Giving the following information:

Production= 315 + 318 + 362= 995 units

Each unit requires 3 direct labor hours.

Hourly rate= $16

Variable overhead per unit= $5

Fixed overhead= $5,600

First, we need to calculate the direct labor hours:

Direct labor hours= 995*3= 2,985

Now, the direct labor costs:

Direct labor costs= $47,760

Finally, the total manufacturing overhead:

total manufacturing overhead= 5,600 + 5*995

total manufacturing overhead= $10,575

For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as follows: Pretax accounting income $ 280,000 Permanent difference (15,500 ) 264,500 Temporary difference-depreciation (19,300 ) Taxable income $ 245,200 Tringali's tax rate is 25%. Assume that no estimated taxes have been paid. What should Tringali report as its income tax expense for its first year of operations

Answers

Answer:

$61,300

Explanation:

Calculation to determine What should Tringali report as its income tax expense for its first year of operations

Using this formula

Income tax expense=Taxable income * Tringali's tax rate

Let plug in the formula

Income tax expense=$ 245,200*25%

Income tax expense=$61,300

Therefore What should Tringali report as its income tax expense for its first year of operations will be $61,300

As a result of a thorough physical inventory, Sheridan Company determined that it had inventory worth $320800 at December 31, 2020. This count did not take into consideration the following facts: Herschel Consignment currently has goods worth $46300 on its sales floor that belong to Sheridan but are being sold on consignment by Herschel. The selling price of these goods is $74900. Sheridan purchased $22000 of goods that were shipped on December 27, FOB destination, that will be received by Sheridan on January 3. Determine the correct amount of inventory that Sheridan should report.

Answers

Answer:

Sheridan Company

The correct amount of inventory that Sheridan should report is:

= $367,100

Explanation:

a) Data and Calculations:

December 31 Inventory based on physical inventory =      $320,800

Goods held on consignment by Herschel =                            46,300

December 27, FOB destination goods ($22,000)                   0

Correct amount of inventory that Sheridan should report $367,100

b) Goods on consignment are generally the property of the consignor (supplier) and not the consignee's (retailer's).  Therefore, they must appear in the balance sheet of the consignor.  Goods on FOB destination remain the property of the supplier until they reach the buyer's destination.  This is why it is not included above.

Why were metal Coins suitable by then​

Answers

Answer:

The coinage metals comprise, at a minimum, those metallic chemical elements which have historically been used as components in alloys used to mint coins. The term is not perfectly defined, however, since a number of metals have been used to make "demonstration coins" which have never been used to make monetized coins for any nation-state, but could be. Some of these elements would make excellent coins in theory (for example, zirconium), but their status as coin metals is not clear. In general, because of problems caused when coin metals are intrinsically valuable as commodities, there has been a trend in the 21st century toward use of coinage metals of only the least exotic and expensive types.

Explanation:

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Columbus Inc. sells a high end hair dryer in a super competitive marketplace. As a result, market research and competitive pressures influence the determination of their selling price. Their marketing department has done a comprehensive analysis and It looks like a price of $62 would be appropriate given the present business environment. The company has a goal of earning $32 on each unit. What is the target unit cost of each hair dryer

Answers

Answer:

Target unitary cost= $30

Explanation:

Giving the following information:

Selling price= $62 per unit

Desired profit= $32 per unit

To calculate the target unitary cost, we need to use the following formula:

Target unitary cost= selling price - desired profit

Target unitary cost= 62 - 32

Target unitary cost= $30

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