FIVE (5) factors that are reshaping and refining the manager job.
1. The increasing complexity of organizations
2. The increasing need for managers to be able to deal with change
3. The increasing importance of communication and interpersonal skills
4. The increasing need for managers to be able to work in teams
5. The increasing importance of strategic thinking
What is manager job?
Generally speaking, an effective job title will mention the broad term, the amount of experience, and any unique qualifications. Your job title will be optimised to appear in a broad search for similar jobs when you use the general word. By describing the level of responsibility and prerequisite expertise, the level of experience will assist you in attracting the most qualified candidates. Additionally, if your role requires specialisation, think about incorporating that information in the job title. If you want people to click on your job posting, make sure they understand what it is before utilising internal titles, abbreviations, or acronyms.
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Appliance Apps has the following costs associated with its production and sale of devices that allow appliances to receive commands from cell phones.
Beginning Inventory 0
Units Produced 24,000
Units Sold 19,200
Selling Price per Unit $146
Variable Sales and Administration Expenses $4
Fixed Sales and Administration Expenses $936,000
Direct Material Cost per Unit $25
Direct Labor Cost per Unit $10
Variable Manufacturing Overhead Cost per Unit $2
Fixed Manufacturing Overhead Cost per Month $940,800
Question Content Area
Prepare an income statement under the absorption method. If an amount box does not require an entry, leave it blank.
Prepare an income statement under the variable costing method. If an amount box does not require an entry, leave it blank.
Prepare a reconciliation between the two statements.
1. The preparation of the income statement for Appliance Apps under the absorption costing method is as follows:
Income Statement under the absorption method:Sales Revenue $2,803,200
Cost of goods sold:
Variable manufacturing cost $888,000
Fixed manufacturing overhead 940,800
Total production cost $1,828,800
Ending inventory (365,760) $1,463,040
Gross profit $1,340,160
Period Costs:
Variable Sales & Administration Expenses $76,800
Fixed Sales and Administration Expenses 936,000
Total period costs $1,012,800
Net Income $327,360
2. The preparation of the income statement for Appliance Apps under the variable costing method is as follows:
Income Statement under the variable costing method:Sales Revenue $2,803,200
Cost of goods sold:
Variable Sales & Administration Expenses $76,800
Variable Manufacturing costs 888,000
Less Ending inventory (variable cost) (177,600)
Cost of goods sold $787,200
Contribution margin $2,016,000
Fixed Costs:
Fixed manufacturing overhead $940,800
Fixed Sales & Administration Expenses 936,000
Total fixed costs $1,876,800
Net income $139,200
3. The preparation of the reconciliation between the absorption costing and variable costing methods is as follows:
Reconciliation between the absorption costing and the variable costing methods:
Net income as per absorption costing = $327,360
Subtract manufacturing overhead absorbed in
ending inventory 188,160
Net income as per variable costing = $139,200
How are the results of the absorption costing and the variable costing methods reconciled?First, compute the net income under the absorption costing method and the net income under the variable costing method.
Compute the fixed cost absorbed in the ending inventory under the absorption method. This is usually equal to the number of units in ending inventory multiplied by the total fixed manufacturing overhead, divided by the number of units produced.
Subtract the absorbed ending inventory cost from the net income under absorption costing.
The result is the net income under the variable costing method.
Beginning Inventory = 0
Units Produced = 24,000
Units Sold = 19,200
Ending inventory = 4,800 units (24,000 - 19,200)
Selling Price per Unit = $146
Sales revenue = $2,803,200 ($146 x 19,200)
Variable Sales and Administration Expenses = $4
Fixed Sales and Administration Expenses = $936,000
Direct Material Cost per Unit $25
Direct Labor Cost per Unit $10
Variable Manufacturing Overhead Cost per Unit $2
Variable manufacturing cost per unit = $37 ($25 + $10 + $2)
Fixed Manufacturing Overhead Cost per Month = $940,800
Fixed manufacturing overhead per unit = $39.20 ($940,800/24,000)
Manufacturing overhead carried forward in Ending inventory = $188,160 ($39.20 x 4,800)
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If you keep your business scope small, you can focus your energy on doing one particular thing better than anyone else does it, so your quality is high.
A.) True
B.) False
Describe the battle between the retail supermarket and the e-commerce platform in the world
HELP ME !!!
There is an endless battle between the retail supermarket and e-commerce. Both sectors want their revenue and profits high so they use their own techniques.
What is E-Commerce?E-Commerce is the online shopping platform that has provided a cutting edge technology and ease to the buyers. This platform enables the buyer to make purchases without visiting the store.
Retail supermarkets claim that they have a large variety of products that are displayed on the store which can be seen easily by the buyer and their complete details are available including the manufacturing and expiry date. E-Commerce provide the comfort purchasing but is a little costly as the shipping is not always free. However when visiting a retail supermarket it seems difficult to walk around and find the wanted products which in e-commerce is just a search bar away.
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When Samantha states I want to work with you and with the team to make this happen she is trying to establish credibility primarily in what way
Samantha is attempting to establish credibility, primarily in a caring manner, when she says I want to work with you and with the team to make this happen.
What is credibility?The believability of a source or message is made up of objective and subjective components, which together make up credibility. Since Aristotle's theory of rhetoric, credibility has existed. Rhetoric, according to Aristotle, is the capacity to identify potential persuasive arguments in any given circumstance.
.He separated the methods of persuasion into three categories: Ethos, which refers to the reliability of the source, Pathos, which refers to emotional or motivational appeals, and Logos, which refers to the logic employed to support a claim.
He believed that each of these methods has the power to persuade the recipient of a message. The speaker's persona is the subject of the term "Ethos," according to Aristotle. The speaker wants to come off as trustworthy. In actuality, the speaker's ethos is a rhetorical technique used by an orator to "inspire trust in his audience."
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What other major trends or forces might affect marketing?
Answer:some major trends are -
Explanation:There will be increasing complexity in consumer purchasing decisions. ...
Personalization in product design and communications will be more prevalent. ...
Mobile communications are becoming the center of marketing. ...
Transparency will dictate brand-customer relationships.
An e-commerce company is collaborating with artisans from all over the world to sell the artisans' products. Accenture is helping this client build a platform that will maintain the integrity of the artisans' credentials by creating digital identities for them. This creates a privacy-preserving link between the products and the artisan's unique identities.
How will these digital identities help these artisans?
How will these digital identities help these artisans?
These digital IDs will enable craftsmen to communicate with e-commerce companies and gather customer data to target a particular clientele.
This is further explained below.
What is e-commerce?Generally, The term "eCommerce," which may also be referred to as "electronic commerce" or "internet commerce," describes the process of purchasing and selling products or services via the use of the internet, as well as the transfer of monetary value and data in order to carry out these financial dealings.
As a result, Accenture will lend a hand in further formalizing the work that craftsmen do, all the while protecting the unique identities of the artisans and the confidentiality of the relationships between items.
Craftspeople will have a higher ability to develop their work in a manner that is more secure thanks to the introduction of digital identities, as well as the option of receiving more information about the customer who purchases their work.
Craftspeople are able to improve their understanding of the demographics of their customers and tailor their work to the requirements and preferences of that audience.
As a result, they are able to better segment their market and see an increase in revenue
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Mark and Dorothy are wondering what their cost of living will be the first year that they retire, based on a current living cost of $120,000 per year. Assume an inflation rate of 4% annually. How much will their annual living cost be 10 years from now?
$124,800.00
$240,000.00
$177,629.31
$1,440,732.85
The estimated amount of their annual living cost in 10 years from now will be $177,629.31.
What is a Future value computation?In business math, a future value means the value of a current asset at a future date based on an assumed rate of growth or inflation. This tool is very important to financial planners because it is used estimate how much an investment made today will be worth in the future.
Given that:
Current value = $120,000
Inflation rate = 4%
Years = 10
Estimated annual living cost in 10 years=
= P (1+i%)^n
= 120,000*(1.04)^10
= 177629.31419
= $177,629.31
In conclusion, the estimated amount of their annual living cost in 10 years from now will be $177,629.31.
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After submitting a résumé by mail, how long should you wait before following up with an employer?
a.
1 day
b.
2-3 days
c.
1 week
d.
2 weeks
Answer:
1 week
Explanation:
because you didn't know if the employer has seen the mail or not
What is another name for the manufacturing industry?
quaternary
tertiary
secondary
primary
In level of production, the other name for the manufacturing industry is a secondary industry.
What are level of production?Basically, a production refers to the act of manufacturing from raw materials or the process of being so manufactured into final and finish goods. The levels of production is an effective way of classifying production, that is, the amount of level of operation of production of a country which is affected by the resources available and the extent to which a country is able to exploit the resources available.
The level of production are often classified into:
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3.Part 2 Management agency agreement – complete and submit for marking Maria’s agreement only.
Any agreement that a borrower or a member enters into to hire a person to help manage the property or a portion of it is referred to as a managing agent agreement.
An agency agreement is used when a manager authorises a worker to carry out a certain duty while they are on the job. In this case, a contract defining the agent's numerous duties may be drafted.
Kinds of agency contracts:
Agency exclusivity agreements. For the selling of residential property, exclusive agency agreements are frequently employed.exclusive agreements. Similar to an exclusive agency arrangement is a sole agency agreement.Multiple listing, general listing/ open agency agreement.To know more about agency agreement refer to the given link:
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3.Part 2 Management agency agreement – complete and submit for marking Maria’s agreement only.
A managing agent agreement is any contract that a borrower or member signs to appoint someone to assist in managing the property or a portion of it.
What are the types of agency agreements?When management gives a worker permission to perform a certain task while they are on the job, an agency agreement is employed. A contract outlining the agent's various responsibilities may be established in this situation.
exclusivity contracts for agencies.exclusivity contracts for agencies. Exclusive agency agreements are regularly used when selling residential property.Exclusive deals. A solitary agency agreement is comparable to an exclusive agency arrangement.Agreement for multiple listings, general listings, and open agencies.To learn more about agency agreements, use the given link.
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What is the MOST effective way to express a communication goal?
Say it out loud but don't write it down.
Write it as a series of bullet points.
Write it as a complete sentence.
Draw a diagram of it.
Writing it as a complete sentence is the most effective way to express a communication goal. The correct option is C. Effective communication aims to transmit a message that is fully understood by the recipient and has the function of informing, motivating, or posing a question.
What is an effective way you use to communicate?Make eye contact, speak clearly, and keep your tone consistent. Maintain an open and easygoing body language. Add a summary as a conclusion, then quit. Even if it causes a pause in the conversation, summarize your response before ceasing all further speaking.
Eliminate all ambiguity in communication. Increase the rate of communication response. Create and strengthen relationships. Deliver communications in more different ways. Describe your motivation. Use reinforcement to effect change for the better.
Thus, the ideal selection is option C.
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Thus, the ideal selection is option C.
Is there any way we could enforce a uniform system of international law in the world today or
we could enforce a uniform system of international law in the world today in a variety of ways, including through courts, tribunals, and multilateral treaties, as well as through the Security Council to approve peacekeeping missions.
What are the most efficient methods of enforcing international law?
Because nation-states are autonomous and cannot be compelled in the same way that natural individuals may, the primary way in which international law is implemented is through internal state enforcement. This is most visible when treaties are executed by domestic courts.
The full question maybe Is there a way we could enforce a uniform system of international law in the near future through an institution formulated by all countries?
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What is the best example of controlling a fixed variable cost?
setting a thermostat
using a fireplace instead of an electric heater
determining when “off-peak” hours at the electric company are and only doing your laundry during that time
all of the above
The best example of controlling a fixed variable cost is: C. determining when “off-peak” hours at the electric company are and only doing your laundry during that time.
What is a fixed cost?A fixed cost simply refers to a predetermined expense in a business that remains constant for a specific period of time, regardless of the quantity of production or level of outputs in a plant.
In Economics, some examples of fixed costs in business are as follows:
InsuranceLeaseUtilitiesLoan paymentsRentEmployee salaryDepreciationOn the other hand (conversely), a variable cost simply refers to the cost that changes with respect to the level of production or the amount of output produced.
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10. Which statement best describes angel investors?
O A. They provide funding for startup businesses.
OB. They're most interested in investing in businesses that are well-established.
C. They're bank loan officers who are responsible for funding startup businesses.
O D. They provide debt financing to a business by buying stock within the company.
The statement that best describes angel investors is: A. They provide funding for startup businesses.
What is angel investor?Angel investor can be defined as the person that tend to provide capital for those that want to startup a business but does not have fund to startup the business.
This investors mostly invest in small scale business owners who have business plan but are uncapable to start the business due to lack of fund which is why most small business owners do go to this investors because they know that they are going to get startup fund for their business.
Therefore the correct option is A.
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multiple choice question
Unlike much organizational work, projects typically:
satisfy organizational needs rather than customer needs.
require the combined efforts of a variety of specialists.
are segmented according to functional specialty.
involve routine and repetitive work.
Unlike much organizational work, projects typically: require the combined efforts of a variety of specialists. Option B
This is further explained below.
What is organizational work,?Generally, Work organization, in this sense, refers to the manner in which work is planned, organized, and managed within companies, as well as the decisions that are made regarding a variety of aspects, including work processes,
In conclusion, In contrast to the majority of the work done in an organization, which is often divided up according to the many functional specialties of employees, projects typically demand the joint efforts of a wide range of professionals.
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Do you think there are unintended or undesirable consequences of framing Arctic drilling as an “either-or” issue, i.e. as one that pits environmentalists against business leaders? Why or why not?
I believe that there are undesirable consequences of framing Arctic drilling as an issue of this and that because it confronts several positions on the same issue.
What is an undesirable consequence?An undesirable consequence is a term that refers to an event that occurs as a result of other or other events and that has the specific characteristics that it is undesirable, that is, it negatively affects a particular individual, group or situation.
How the drilling of the arctic produces undesirable consequences?The issue of drilling for fuel exploitation in the Arctic is a topic that causes controversy because it confronts different positions on the same issue. In this case, environmentalists have the position of defending the Arctic ecosystem, its fauna, and its flora. On the other hand, businessmen defend their position and their corporate and individual interests to exploit these places.
According to the above, it can be inferred that this issue creates an undesirable consequence due to the fact that an ideological and legal confrontation was generated between environmentalists and businessmen. On the other hand, this undesirable consequence can also have more serious results such as personal attacks and attacks against one of the two sides.
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To prepare for a health emergency, what is a good way to ensure you will not be faced with huge medical bills?
Answer: pay extra for a health plan that pays more for each medical incident
Explanation: Paying medical bills is a struggle for a lot of people, which means there's actually a well-trodden path to figuring out what to do about them. You just have to know where to look and how to ask.
Answeryy
save money
Explanation:
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $51,500; Supervising, $35,800; and Other, $26,600. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below:
MHs (Processing) Batches (Supervising)
Product O6 15,300 1,060
Product D7 1,180 820
Total 16,480 1,880
What is the overhead cost assigned to Product O6 under activity-based costing? (Round your intermediate calculations to 2 decimal places.)
The overhead cost assigned to Product O6 under activity-based costing is $70,279.70.
What is activity-based costing?Activity-based costing is a cost accounting method for assigning overhead (indirect) costs to products or jobs using the activity drivers as bases to derive the overhead cost rates.
Activity-based costing recognizes that activities cause indirect costs to be incurred.
Overhead Costs Allocation:Activity Overhead Cost Drivers Total Used Rates
Processing, $51,500 Machine-hours (MHs) 16,480 MHs $3.125
Supervising, $35,800 Number of batches 1,880 batches $19.04
Other, $26,600
Overhead Cost Assigned to Product O6:Processing = $47,812.50 ($3.125 x 15,300)
Supervising = $22,467.20 ($19.04 x 1,180)
Total = $70,279.70
Thus, Product O6's overhead cost assigned for the period is $70,279.70.
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Why do you think brand advocates willingly promote companies via social media
Answer:
They help create brand awareness and spread a positive image of their brand in their community. They have a greater reach and get more feedback. Hope this helped!
Laura buys a bond that McDonald’s sells to raise funds.
Approximately how many forms does the IRS currently have?
O 8
O 80
O 800
O 8000
Option (c) 800 is correct.
Approximately the IRS currently have 800 forms.
What is IRS?The Internal Revenue Service is the revenue service for the federal government of the United States and is in charge of collecting federal taxes as well as overseeing the Internal Revenue Code, which is the main section of federal statutory tax legislation.IRS Notice 2014-21 outlines the tax implications of transactions involving convertible virtual currencies for both individuals and companies. Virtual currency is regarded as property for federal tax purposes. Transactions using virtual currency are subject to the general tax principles that apply to real estate transactions.Learn more about IRS here:
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Discuss why competition should be seen as a process, not a state.
Competition should be viewed as a process rather than a state entity because it generates jobs and gives people a selection of employers and workplaces, Through business regulation, competition also lessens the need for governmental intervention.
A competitive free market benefits consumers, and society, and protects individual liberties. Competition is an ongoing process of creation, coordination, and discovery.
Competition describes a situation in a market where businesses or sellers compete with one another for customers' business to achieve a specific business goal, such as profits, sales etc.
Market access is ensured by competition for both consumers and businesses. The prices offered to consumers are significantly reduced because of increased competition brought on by the quick emergence of new players.
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On January 1, 2014, Bottle Rockets Company purchased a general liability insurance policy for $9,000 to provide coverage for the calendar year. 1. If the company recorded the policy as an asset when purchased, what is the monthly adjusting journal entry that should be recorded at January 31, 2014?
The monthly adjusting journal entry on January 1, 2014
Account title Debit Credit
Prepaid Insurance (9000*11/12) 8250
Insurance expense 8250
Journal entry is the act of maintaining or making statistics of any transactions both monetary or non-monetary. Transactions are indexed in an accounting magazine that indicates a business enterprise's debit and credit balances. The magazine entry can consist of several recordings, every of which is both a debit or a credit score.
Journal entry is used to document a commercial enterprise transaction in the accounting data of a commercial enterprise. A journal entry is typically recorded inside the trendy ledger; alternatively, it could be recorded in a subsidiary ledger which is then summarized and rolled forward into the general ledger.
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4. Dorinda, Luis, and Elizabeth form a limited partnership. Dorinda is a general partner, and Luis and Elizabeth are limited partners. Explain your answer as to whether each of the separate events below constitutes a dissolution of the limited partnership. a) Luis assigns his partnership interest to Ashley. b) Elizabeth is petitioned into involuntary bankruptcy. c) Dorinda dies.
Based on the limited partnership between Dorinda, Luis, and Elizabeth, the impact of the separate events on the dissolution of the limited partnership are:
Luis assigns his partnership interest to Ashley - No dissolution. Elizabeth is petitioned into involuntary bankruptcy - No dissolution. Dorinda dies. - There will be a dissolution. How do limited partnerships get dissolved?There are several ways in which a limited partnership like the one that exists between Dorinda, Luis, and Elizabeth can be dissolved and one of them is if one of the partners died.
This means that Dorinda's death can lead to the limited partnership being dissolved. However, the limited partnership can continue if Luis and Elizabeth make a new agreement.
If one of the partners decides to assign their partnership to another partner, then the limited partnership is not dissolved. The same is the case if one of the partners is involved in involuntary bankruptcy Elizabeth was.
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what is consumer protection
Answer:
consumer protection involves safeguarding the consumer from exploitation by the producers and business people.
I need help!!! offering brain list (25 points)
Jonathan and his partner Drew need to write paperwork to satisfy vendor requirements for their house show. Exchange of value; offer and acceptance is a crucial contract-drafting premise. Option B
This is further explained below.
While drafting a contract, what key principles should Jonathan and Drew remember?Generally, Jonathan and his partner Drew understand they need to create a document to address stipulations for working with their vendors who supply building materials and home decor staging products for their home show.
While drafting a contract, the Exchange of value; offer, and acceptance is a key principle they should both remember. Option B
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Including industry terminology will show you are "current" with the profession and know what the trends are at this time.
Answer:
Using industry jargon will demonstrate your familiarity with the field and awareness of current developments. Search the job title or profession on the Internet to see what terms come up frequently to establish industry jargon. Look up any terms you're not sure of.
Explanation:
To create consistency, clarity, comprehensible, and user-friendly material, terminology work focuses mostly on topics like British or US English usage, prohibited phrases, official terms, etc. People cannot invent their own terminology because users can become confused; instead, they must utilize organization-specific phrases consistently. Delays, inconsistent language/documentation, misunderstandings, a high chance of translation errors, poor usability, a negative reputation, customer unhappiness, an increase in customer support calls, content multiplication, and even legal difficulties can result from poorly managed terminology. Terminological inconsistency prevents translations from being reused, necessitates additional time and resources, and raises expenses.
how logistics plays a role in your country's economy and whether it has made a significant impact or not.
Logistics is an important part of the supply chain, so it plays a role in your country's economy and makes a significant impact.
Logistics directly contributes to the activities taking place in an economy. Such activities can include the investment in warehousing, rail, road, sea and air transport. Thus, it also creates many excellent jobs by providing skilled careers for thousands of people.
Logistics is considered to be the part of the supply chain which is involved in managing the forward and reverse flow, storage of goods, services, and also the related information between the point of consumption and the point of origin in order to meet customers requirements.
Hence, logistics is an important part of a supply chain.
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Medical staff at a small local clinic are exploring key legal considerations and responsibilities related to protecting patients from the spread of viruses. Describe and explain key factors a company would need to consider in relation to business protection, employees, and insurance in the face of a global pandemic.
The key factors which a company would need to consider in relation to business protection, employees, and insurance in the face of a global pandemic is by extending social protection, and putting health and safety first.
Firstly, key factors which a company would need to conside in the face of a global pandemic is to keep their employees informed of the travel restrictions, government announcements, and offer them work from home options.
Supoose, if this is not feasible and one's business is considered essential. It is necessary for them to take steps to minimize virus transmission risk at their place of work.
Thus, this includes social distancing, frequent sanitization, and splitting shifts.
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