Yes, when using the VLOOKUP function in Excel, it is important to include the range lookup parameter in order to get the correct answer. The range lookup parameter allows the function to determine whether to find an exact match or an approximate match to the lookup value.
If the range lookup parameter is set to TRUE (or omitted), Excel will assume that the lookup value is an approximate match and will return the closest match to the lookup value that is less than or equal to the lookup value. This can be useful for finding values in a sorted list, but may not be appropriate for all situations.
If the range lookup parameter is set to FALSE, Excel will only return an exact match to the lookup value. This is typically what you want when looking up values in a table.
In the case of the previous question, where we were looking up a 2018 metric in cell H11, it is important to set the range lookup parameter to FALSE in order to ensure that we are getting an exact match. This ensures that we are pulling the correct data from the table and can avoid potential errors or inaccuracies.
To know more about VLOOKUP, visit https://brainly.com/question/14042837
#SPJ11
mr bharadwaj an indian businessma purchased goods from mr chen tusong of 120000 and sold the same good to mr thomson in britain for 150000
30000 is the profit Mr. bharadwaj made, as he purchased goods from mr chen tusong of 120000 and sold the same good to mr thomson in britain for 150000.
What is meant by profit?The money that remains after paying your business expenses is your profit. Gross profit, operating profit, and net profit are the three primary types of profit. The largest profit is gross. The amount left over after paying for the sold goods and services is displayed.
The money a business keeps after deducting all costs is known as profit. The main objective of every business, whether it be a little lemonade stand or a publicly traded multinational corporation, is to make money. As a result, a business's success is measured by its profitability in all of its forms.
Thus, 30000 is the profit Mr.
For more information about profit, click here:
https://brainly.com/question/15036999
#SPJ9
The complete querstion is given below-
Mr bharadwaj an Indian businessman purchased goods from Mr chen tusong of 120000 and sold the same good to Mr thomson in britain for 150000. What is the profit Mr. bharadwaj made?
Successful firms focus their efforts on satisfying customer needs that match their core competencies.
1. True
2. False
The given statement "successful firms focus their efforts on satisfying customer needs that match their core competencies" is true because successful firms often focus their efforts on satisfying customer needs that match their core competencies.
Core competencies are the unique strengths and capabilities that allow a company to deliver superior value to customers, and when a company can align those competencies with customer needs, it can create a strong competitive advantage. By focusing on meeting customer needs that match their core competencies, companies can differentiate themselves from their competitors and build strong customer loyalty. This can help to increase customer retention, enhance reputation, and ultimately drive sustainable business growth.
You can learn more about Core competencies at
https://brainly.com/question/2949366
#SPJ4
.Refer to Figure 26-2. Which of the following events would shift the demand curve from D1 to D2?
a.The government goes from running a budget deficit to running a budget surplus.
b.Firms become optimistic about the future and, as a result, they plan to increase their
purchases of new equipment and construction of new factories.
c.A change in the tax laws encourages people to consume less and save more.
d.A change in the tax laws encourages people to consume more and save less.
demand curve that depicts the relationship between the price of a product and the quantity demanded of that product. The curve slopes downward, indicating that as the price of the product increases, the quantity demanded decreases, and vice versa.
However, there are several factors that can influence the demand curve and shift it either to the right or left.Among the options given, only one event would shift the demand curve from D1 to D2, which is option b: firms becoming optimistic about the future and planning to increase their purchases of new equipment and construction of new factories. When firms are optimistic about the future, they tend to invest more in their business, which leads to an increase in demand for the resources required for production, such as labor, capital, and raw materials. As a result, the demand curve shifts to the right from D1 to D2, indicating that at any given price level, there is an increase in the quantity demanded of the product.
Option a, where the government goes from running a budget deficit to running a budget surplus, would not directly affect the demand for a product, and therefore, would not shift the demand curve. However, it could indirectly affect the demand by influencing other economic variables such as interest rates, inflation, and income levels, which would then affect the demand curve.
Option c, where a change in the tax laws encourages people to consume less and save more, would shift the demand curve to the left as consumers would reduce their spending, leading to a decrease in the quantity demanded of the product at any given price level.
Option d, where a change in the tax laws encourages people to consume more and save less, would shift the demand curve to the right as consumers would increase their spending, leading to an increase in the quantity demanded of the product at any given price level.
So the correct option is B
To know more about quantity demanded visit -brainly.com/question/28463621
#SPJ11
Help me, please.
⇒ Debt you've seen in your everyday life
⇒ Potential debt you plan to get into and why. What are the potential benefits of getting into this debt? What do you hope to get out of it?
Answer:
1) Auto loan - a lot of people take auto loans to purchase their dream car although it considered as a bad debt as a car usually is very expensive.
2) potential debt I wouldn't mind getting into would probably be something for myself aka self development. investing in yourself by borrowing for more education or to consolidate debt. it can increase your ability to save for the future, build wealth, etc.
Allison is a licensed mortgage loan originator working full-time for Clear Cut Mortgage Company, a licensed lender. She has been offered the opportunity to work part-time as a mortgage loan originator for the Jones Mortgage Company, another licensed lender, evenings and weekends. Can Allison lawfully accept the second job?
A. Yes, her individual MLO license would be transferable between the two licensed lenders.
B. No, a mortgage loan originator is prohibited from working for two companies as a MLO at the same time.
C. No, working for two lending companies at the same time may cause a conflict of interests.
D. Yes, however, she must apply for a dual license which allows her to work for both companies
Answer:
I BELIVE IS
Explanation:
No, a MLO is prohibited from working for two companies at the same time. HOPE IT HELPS
_____ is part of the ________ process and occurs when the company is trying to increase its inventory.
Considering the accounting principles, the Make-to-stock; is part of the production process and occurs when the company is trying to increase its inventory.
This is because Make to Stock, otherwise referred to as MTK, is a method business owner often use to ensure the product is readily available and delivered at the point of purchase.
Make to Stock is a traditional method of production that is carried out in the hope that consumers will soon come and buy the products. Thereby, the company produces huge products at a given time and stores them as inventory.
Hence, in this case, it is concluded that the correct answer is "Make to stock; production, " respectively.
Learn more here: https://brainly.com/question/20931687
(n) ? marking is a european marking of conformity indicating that a product complies with the essential requirements of the applicable european laws or directives with respect to safety, health, environment, and consumer protection.
The European conformity mark certifies that a product complies with all relevant European laws and directives regarding consumer protection, safety, health, and the environment.
The appropriate response to the question is (n) CE marking is a European conformity label showing that a product conforms with the relevant European laws or regulations with regard to safety, health, the environment, and consumer protection.
What is the CE marking?The European conformity mark, or CE mark, certifies that a product conforms with all applicable European laws and directives regarding safety, health, the environment, and customer protection.
The CE mark is not a trademark and does not represent the product's performance or quality. Products that have been certified to fulfil particular standards proving they satisfy the crucial health, safety, and environmental requirements must have the CE label.
Technical paperwork must be submitted to a recognised body for examination and confirmation that the product complies with all requirements as part of the certification process for the CE marking.
To know more about European laws refer here
https://brainly.com/question/30776653#
#SPJ11
1. What area of law protects the sale of a home?
common law
contract law
statutory law
criminal law
2. With respect to a contract, what does the term “consideration” mean?
Both parties agree to be considerate to one another.
Something of value must be exchanged between the parties.
One party offers valid terms, and the other party accepts those terms.
The terms of the contract are enforceable.
3. Which system of law is a complete set of rules enacted as a single written system or code?
common law
administrative law
civil law
statutory law
1 contract law
2 Something of value must be exchanged between the parties.
3 civil law
Why is the law important?
Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.
How many kinds of Laws?
Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.
Scientific LawsImperative LawsCommon LawsCriminal LawsLearn more about Law here https://brainly.com/question/6590381
#SPJ10
1 point
Danny receives a salary of $660 a month and a 7.5% commission on all
sales above his monthly quota of $15,000. His sales for the month totaled
$32,000. What was his gross income for the month? *
$3,060
$1,275
$2,400
$1,935
Answer:
1935
Explanation:
32,000-15,000 = 17,000
17,000 x 0.075 = $1275 (this is his commission)
1275 + 660 = $1935
$1935 is his gross income for the month
Olinick Corporation is considering a project that would require an investment of $313,000 and would last for 8 years. The incremental annual revenues and expenses generated by the project during those 8 years would be as follows (Ignore income taxes.): Sales $ 250,000 Variable expenses 25,000 Contribution margin 225,000 Fixed expenses: Salaries 32,000 Rents 45,000 Depreciation 40,000 Total fixed expenses 117,000 Net operating income $ 108,000 The scrap value of the project's assets at the end of the project would be $22,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to: (Round your answer to 1 decimal place.) Multiple Choice 2.9 years 1.8 years 2.5 years 2.1 years
Based on the calculation below, the payback period of the project is closest to 2.1 years.
How to calculate payback period?The payback period of the project can be calculated as follows:
Annual net cash inflow = Net operating income + Noncash deduction for depreciation = $108,000 + $40,000 = $148,000
Therefore, we have:
Payback period of the project = Required investment / Annual net cash inflow = $313,000 / $148,000 = 2.1 years
Learn more about the payback period here: https://brainly.com/question/13978071.
#SPJ1
Why would a producer conduct a marginal analysis?
A. To understand the type of taxes paid on a good or service
B. To determine whether a price increase will change what a
consumer will buy
C. To predict the amount of environmental pollution caused by a
manufacturer
D. To suggest a way to package a product so that it causes less
pollution
E
Answer:
B to determine whether a price increase
Explanation:
cuz I said
can pottery be a job?? what would i major in for that…
Answer:
Yes, pottery can be a job. You would need a degree in ceramics to get a lasting job in pottery
Explanation:
With what skills do you struggle the most? List two. For each one, explain a situation in which there was a negative outcome because you lacked these skills.
:) I will give the branliest!
Calculate the GDP using the data below (all figures are shown in millions)
Personal Consumption = $50
Government Consumption = $20
Business Consumption = $80
Gross Investments = $100
MULTIPLE CHOICE >>
$150 million
$100 million
$250 million
$200 million
Answer:
$250 million.
Explanation:
To calculate the GDP using the following data (Personal Consumption = $ 50, Government Consumption = $ 20, Business Consumption = $ 80 and Gross Investments = $ 100) the following calculation must be performed:
50 million + 20 million + 80 million + 100 million = X
250 million = X
Therefore, the GDP is $ 250 million.
4. Which of the following statements is true about debits?
a) Debits show an increase in what a company owns or a decrease in what it owes.
b) A debit to an asset account shows a decrease.
c) A debit to a liability account shows an increase.
d) Debits show a decrease in what a company owns or an increase in what it owes.
Answer:
I believe the answer is d
A marketing plan documents how to focus marketing efforts. In good marketing strategy, what's at the center of all the efforts?
Answer:
★ The answer is CUSTOMER
Explanation:
Hope you have a great day :)
The expected return for Stock Z is 30 percent. If we know the following information about Stock Z:
Return Probability
Poor 0.2 0.25
Lukewarm ? 0.5
Dynamite! 0.4 0.25
What return will stock Z produce in the Lukewarm state of the world?
The return for Stock Z in the Lukewarm state of the world is 30 percent.
To find the expected return?To find the expected return for the Lukewarm state of the wrld, we need to use the probabilities provided and the overall expected return for Stock Z (which is 30 percent).
Let's call the return for the Lukewarm state "X". We know that the probability of Stock Z having a Poor return is 0.2, and the probability of having a Dynamite return is 0.4. So the probability of having a Lukewarm return must be 0.5 (since the sum of all probabilities must equal 1).
Using this information, we can set up the following equation:
0.2(0.25) + 0.5(X) + 0.4(0.25)
= 0.3
Simplifying, we get:
0.05 + 0.5X + 0.1
= 0.3
0.5X = 0.15
X = 0.3
Therefore, the return for Stock Z in the Lukewarm state of the world is 30 percent.
To know more about Stock
visit:
https://brainly.com/question/17218394
#SPJ11
A group of four friends spends a day at a local theme park, which has just opened a new attraction with very popular rides featuring new technology. They board one of the rides after waiting for over an hour in line, but about five minutes into the ride the electricity fails, and they are stuck on the ride for a half hour. When the ride finally resumes and concludes, they go to the theme park’s guest services department to complain.
What are the facts?
How does the guest feel?
How would you acknowledge the guest’s feelings?
What would be your solution?
How would you follow up with the guest?
firstly it was totally the system's fault because they can't take risks with electricity in a local theme park as it is a must factor. even if the incident occurred they must have a good backup.
we have already discussed the facts, it was very unpleasant for the guests as they came for enjoying the moment but wasted their time due to system failure and it was very disheartening for all the people gathered there.
acknowledging guests' feelings seems to be very disheartening as they suffered because of the department's negligence and everything that happened was unexpected.
the department should be aware of every basic facility present at that moment and must have options for immediate action if something happens.
Henry, a trainer at MyChem Inc., schedules training on handling hazardous chemicals for a group of newly hired employees. The training complies with OSHA regulations and is given to all employees upon hire along with periodic refreshers. The type of training described in this scenario is _____.
Answer:
Hazard Communication Standard (HCS) training program
Explanation:
The type of training described in this scenario is known as the Hazard Communication Standard (HCS) training program. This is a employee training program designed with the goal of explaining and reinforcing the written information regarding hazard labels and material safety data sheets, as well as how to behave around hazardous material and to apply this information to their workplace.
Which of the following are examples of lifelong learning?
A. lifestyle
B. reading
C. sacrifice
D. salary
Answer:
the answer is reading
Explanation:
The correct option is B. Reading is an example of lifelong learning.
This fosters cognitive growth and may prevent cognitive deficits in memory and focus brought on by aging, such as dementia.
Why reading is the key to success?It is a powerful motivator for someone to improve in life. The more a person reads, the better his comprehension and understanding skills get. The more proficient a reader he is, the simpler it will be for him to do a task. The development of a reading habit and knowledge are related.
Reading broadens your vocabulary and boosts your concentration, memory, and self-esteem. But it also aids in stress relief and hepatization, two traits that can guarantee your academic success.
Thus, Every time a reader turns a page, they continue to learn something new. New and intriguing ideas are presented to readers on a regular basis.
Learn more about Lifelong Learning here:
https://brainly.com/question/9089104
#SPJ2
China has been successful in international business in the past. Yet, the country is ruled under a communist regime. Do you think that a country should have a democratic government to successfully manage a capitalist society? Why or why not? What are the risks of doing business with companies in China?
Answer:
Parallel to the incredible economic developments China has experienced over the past few decades have only been limited political reforms. In this article, Sir Vince Cable explores the question of whether China is a Capitalist or Communist country.
Deng was a committed Communist ever since he joined the party (in France) as a young man. Although he steered China to be a market economy he never ceased to uphold Communist party rule – and he is credited with having backed the Tiananmen Square ‘massacre’ to ensure that the party’s authority and monopoly of power. Indeed, he survived as one of Mao’s top generals and closest party associates by either participating in or turning a blind eye to Mao’s purges and mass killings.
Deng is a difficult figure for Westerners to evaluate. He has the remarkable legacy of having, through economic policy reform, lifted more human beings out of poverty than anyone in world history. But he had little interest in ‘human rights’ or Western-style democracy and, as a Communist, regarded these things as either irrelevant or a threat to party rule.
Explanation:
If the perfectly competitive firm is producing an output level at which price equals marginal cost, it is.
If the flawlessly aggressive organization is generating an output stage at which fee equals marginal value, it is. profit-maximizing.
The required details for marginal cost in given paragraph
In economics, the marginal value is the alternate in the general value that arises while the amount produced is incremented, the value of manufacturing extra quantity. In a few contexts, it refers to an increment of 1 unit of output, and in others it refers back to the price of alternate of general value as output is elevated with the aid of using an infinitesimal amount. The marginal value is measured in bucks in step with unit, while general value is in bucks, and the marginal value is the slope of the entire value, the price at which it will increase with output. Marginal value is special from common value, that's the entire value divided with the aid of using the range of devices produced. At every stage of manufacturing and term being considered, marginal value consists of all prices that modify with the extent of manufacturing, while prices that don't range with manufacturing are constant. For example, the marginal value of manufacturing an vehicle will encompass the prices of exertions and elements wanted for the extra vehicle however now no longer the constant value of the manufacturing facility constructing that don't alternate with output.
The marginal value may be both short-run or long-run marginal value, relying on how large the chook is, because ultimately even constructing length is selected to healthy the favored output.
To know about marginal cost click here
https://brainly.com/question/17230008
#SPJ4
Project Description:
discusses the ongoing issues sales and marketing departments have with one another. While this conflict is not necessarily a new phenomenon, the gap between these departments has widened over the last decade.
In your own words, discuss how this rift has affected customer relationships, focusing on the following questions:
1. What aspects of the sales/marketing divide has been most unfavorable to the customer?
2. Cite examples of how some brands and/or companies have dealt with this sales & marketing discord.
3.Most importantly, highlight how this divide can negatively affect customer response initiatives.
Write a minimum of 300 words
The ongoing conflict between sales and marketing departments has had a significant impact on customer relationships. Let's discuss how this divide has affected customers and how some brands have dealt with this discord.
1. The sales/marketing divide has been unfavorable to customers in several aspects. Firstly, inconsistent messaging can confuse customers and create a lack of trust. If the sales and marketing teams are not aligned, customers may receive mixed messages about a product or service, leading to confusion and hesitation in making a purchase. This can ultimately damage the customer's perception of the brand.
Secondly, the lack of collaboration between sales and marketing can result in a disconnect between customer expectations and the actual product or service being offered. Marketing may promise certain features or benefits that the sales team cannot deliver, leading to disappointment and frustration for the customer. This can lead to negative word-of-mouth and a decline in customer loyalty.
Lastly, poor coordination between sales and marketing can result in missed opportunities to engage with customers effectively. For example, if the marketing team creates a compelling advertising campaign but the sales team fails to follow up with personalized communication, potential customers may feel ignored or undervalued. This can negatively impact customer satisfaction and their willingness to engage with the brand in the future.
2. Several brands and companies have addressed the sales and marketing discord by implementing strategies to promote better collaboration and alignment. For instance, some organizations have started cross-functional training programs where members from both departments learn about each other's roles and responsibilities. This helps foster mutual understanding and creates a shared language and goals.
Other brands have established regular communication channels, such as weekly meetings or joint planning sessions, to ensure both teams are aware of upcoming campaigns, promotions, and customer feedback. By facilitating ongoing dialogue, these companies promote cooperation and reduce misunderstandings between sales and marketing.
Additionally, some organizations have appointed a liaison or created a dedicated team responsible for bridging the gap between sales and marketing. This intermediary role helps facilitate communication, resolve conflicts, and ensure a customer-centric approach in both departments' activities.
3. The sales/marketing divide can negatively impact customer response initiatives in various ways. If the two departments are not aligned, it becomes challenging to gather accurate customer feedback and insights. This lack of information hinders the ability to develop effective marketing strategies and sales approaches tailored to customer needs.
Furthermore, the disconnect between sales and marketing can lead to missed opportunities for upselling and cross-selling. Without proper coordination, the sales team may not be aware of the marketing campaigns or promotions that could help drive additional sales or offer relevant add-on products to customers.
Lastly, when there is a rift between sales and marketing, it becomes difficult to track the effectiveness of marketing efforts and measure ROI accurately. If sales data and marketing analytics are not integrated, it becomes challenging to attribute sales or customer responses to specific marketing initiatives. This lack of clarity can hinder decision-making and limit the optimization of future marketing activities.
In conclusion, the sales/marketing divide negatively impacts customer relationships through inconsistent messaging, unmet expectations, and missed opportunities. Brands can address this discord through cross-functional training, regular communication channels, and dedicated liaison roles. Failure to bridge this gap can result in challenges in gathering customer insights, missed sales opportunities, and difficulties in tracking marketing effectiveness.
To know more about customer relationships
https://brainly.com/question/25656282
#SPJ11
technical skills are the specialized procedures and knowledge required to get a job done, whereas conceptual skills are the ability to understand how the different parts of a company affect each other.
T/F
The statement is true. Technical skills refer to specialized procedures and knowledge needed for a job, while conceptual skills involve understanding the interrelationship between different parts of a company.
Technical skills are specific abilities and knowledge that are required to perform tasks or job functions effectively. These skills are often job-specific and involve expertise in a particular area, such as programming, accounting, or engineering. Technical skills are essential for executing specific tasks and responsibilities efficiently and are typically gained through training, education, and hands-on experience.
On the other hand, conceptual skills involve the ability to comprehend and analyze how various components and functions of a company interact and impact one another. These skills are more focused on understanding the broader organizational context, including the relationships between different departments, the flow of information, decision-making processes, and the overall strategic direction of the company. Conceptual skills are important for managers and leaders to make informed decisions, formulate strategies, and effectively coordinate and align different parts of the organization towards common goals.
Therefore, the statement is true. Technical skills are related to specialized procedures and knowledge required for job-specific tasks, while conceptual skills involve understanding the interconnectedness and implications of various aspects within a company.
Learn more about programming here: https://brainly.com/question/30613605
#SPJ11
I'll give 20 points if you just answer this riddle: You see a boat filled with people. It has not sunk, but when you look again you don’t see a single person on the boat. Why?
Nice doing "business" with ya!
Answer:
Everyone on the boat is married.
Explanation:
Which job would offer the best annual income considering the cost of living in each locale? Job 2 is a better choice because the annual income after rent and utilities is $59,700 but that of job 1 is $55,575. Job 2 is a better choice because the annual income after rent and utilities is $45,400 but the income for job 1 is $41,900. Job 1 is a better choice because it costs $4,500 less per year to live there. The jobs have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale.
The job that would offer the best annual income considering the cost of living in each locale is the jobs have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale.
Be it Job 1 or Job 2, the offered jobs both offer the similar $45,400 in annual income after other expenses. This suggests that Caitlin must choose her job based on the preferences of her closest locality in order for her commute to be convenient.
This is due to the fact that choosing a job location that is further away would not increase her income, making the decision illogical. Therefore, getting a job that have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale is a good offer.
The question is incomplete, complete question will be "Caitlin has finished her schooling and training to be a dental hygienist. She has two job offers that she is considering. Caitlin’s Job Offer Comparison Job 1: Albuquerque, NM Job 2: Ann-Arbor, MI Salary $54,000 $61,000 Benefits $2,500 bonuses, health insurance, 401K Health insurance, 401K Average Monthly Rent & Utilities $925 $1,300 Which job would offer the best annual income considering the cost of living in each locale? Job 2 is a better choice because the annual income after rent and utilities is $59,700 but that of job 1 is $55,575. Job 2 is a better choice because the annual income after rent and utilities is $45,400 but the income for job 1 is $41,900. Job 1 is a better choice because it costs $4,500 less per year to live there. The jobs have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale."
Learn more about annual income at:
brainly.com/question/28341339
#SPJ1
Quail Company builds snowboards. Quail Company has reported the following costs for the previous year. Assume no production inventories.
Cost of fiberglass (raw material) $ 90,000
Factory rent $ 45,000
Advertising $138,000
Utilities for factory $ 21,000
Wages of assembly workers $100,000
Production supervisor salary $ 49,000
Sales manager salary $ 34,000
Factory property taxes $ 16,000
Depreciation on production equipment $ 33,000
Cost of bindings (raw material) $ 29,000
Screws $ 2,800
Wages of snowboard painters $ 84,000
Wages for maintenance workers $ 35,000
A. Compute the drect material costs. Direct material costs ________
b. Compute the direct tabor cost. Direct labor cost ________
c. Compute the manufacturing overhead. Manufacturing overhead ________
d. Compute the total manufacturing cost. Total manufacturing cost ________
e. Compute the prime cost. Prime cost _______ f. Compute the conversion cost. Conversion cost _______
g. Compute the total penod cost
Total period cost ________
The total period cost for Quail Company is $642,800.
A. Compute the direct material costs:
Direct material costs are the costs associated with the raw materials used in production. In this case, the direct material costs are the costs of fiberglass, bindings, and screws.
Direct material costs = Cost of fiberglass + Cost of bindings + Cost of screws
Direct material costs = $90,000 + $29,000 + $2,800
Direct material costs = $121,800
B. Compute the direct labor cost:
Direct labor cost is the cost of wages paid to workers directly involved in the production process, such as assembly workers, snowboard painters, and maintenance workers.
Direct labor cost = Wages of assembly workers + Wages of snowboard painters + Wages for maintenance workers
Direct labor cost = $100,000 + $84,000 + $35,000
Direct labor cost = $219,000
C. Compute the manufacturing overhead:
Manufacturing overhead includes all the indirect costs of production that are not directly attributable to a specific product, such as factory rent, utilities, production supervisor salary, factory property taxes, and depreciation on production equipment.
Manufacturing overhead = Factory rent + Utilities for factory + Production supervisor salary + Factory property taxes + Depreciation on production equipment
Manufacturing overhead = $45,000 + $21,000 + $49,000 + $16,000 + $33,000
Manufacturing overhead = $164,000
D. Compute the total manufacturing cost:
Total manufacturing cost is the sum of direct material costs, direct labor cost, and manufacturing overhead.
Total manufacturing cost = Direct material costs + Direct labor cost + Manufacturing overhead
Total manufacturing cost = $121,800 + $219,000 + $164,000
Total manufacturing cost = $504,800
E. Compute the prime cost:
Prime cost is the sum of direct material costs and direct labor cost.
Prime cost = Direct material costs + Direct labor cost
Prime cost = $121,800 + $219,000
Prime cost = $340,800
F. Compute the conversion cost:
Conversion cost is the sum of direct labor cost and manufacturing overhead.
Conversion cost = Direct labor cost + Manufacturing overhead
Conversion cost = $219,000 + $164,000
Conversion cost = $383,000
G. Compute the total period cost:
Total period cost is the sum of all costs incurred during the period, including manufacturing costs and non-manufacturing costs such as advertising.
Total period cost = Total manufacturing cost + Advertising
Total period cost = $504,800 + $138,000
Total period cost = $642,800
Learn more about Quail Company
brainly.com/question/23924510
#SPJ11
pierre is a foreman in a plant. he has 35 line workers who report to him on the night shift. from what you have read about organization charts, what do you know for sure? a. his subordinates enjoy less autonomy than others. b. his subordinates take part in the decision-making process. c. he has a wide span of control. d. his subordinates are closely supervised.
Pierre is a foreman in a plant. he has 35 line workers who report to him on the night shift. from what you have read about organization charts, what is known for sure is that he has a wide span of control. Option C.
What is meant by organizational chart?An organizational chart is a visual representation of a company's internal structure that shows the relationships, functions, and responsibilities of each individual within the organization. It is one method of imagining a bureaucracy.
Its goal is to depict the chains of command and reporting relationships inside the organization. Typically, boxes or circles with lines connecting them to other individuals and departments are used to represent employee names, job titles, and/or employment positions.
There are four different types of organizational charts: divisional, flat, functional top-down, and matrix. The visual representation of a company's reporting structure is found in its organization chart. It outlines the organizational hierarchy for employee relationships as well as the team alignment matrix. Organizational charts show manager reporting relationships, staff designations, and more.
Read more on organizational chart here: https://brainly.com/question/21428222
#SPJ1
you tour a company and notice that employees all seem to have a common goal and understanding of procedures. what would be the contributing factor for this? responses action plan action plan strategies strategies organizational structure organizational structure safety manuel
As you visit a firm, you note that all of the staff appear to have a single goal or objective and a grasp of how things are done. The contributing factor for this might be proper action plan strategies.
The correct option is A.
Setting goals, agreeing on steps to accomplish those goals, and mobilising the resources required to carry out those activities are all parts of strategic planning. A strategic plan outlines the methods and resources that will be employed to accomplish those objectives.
Planning, legislation, neighbourhood norms, incentives, and educational options are examples of action strategies.
A detailed strategy that lays out the measures to follow in order to achieve one or more goals is known as an action plan.
To learn more about action plan strategies, refer
https://brainly.com/question/29986462
#SPJ4
Answer:
action plan
Explanation:
because the guy above said so and he has an expert verified answer
Required Materials Konrad, A & Birbrager, L (2020). Gusto 54. Creating a Culture of Ownership and Accountability Ivey Publishing Instructions 1. Thoroughly read the case. It is recommended that you read 2-3 times. 2. Prepare a 5 page report (12 point font, double spaced not including the title page or reference page), that addresses the following questions: • As of January 2020, what is Gusto 54's competitive advantage? if COVID-19 had never happened, would you have believed that the group would be able to maintain this advantage? Why or why not? • How would you define Gusto 5a's culture as of January 2020? Does your definition vary throughout the case? • What role does values, attitudds, and diversity play at Gusto 54? Do you consider the values attitudes, and diversity to be a strength or weakness at Gusto 54? • Do you agree or disagree with the steps that Gusto 54 took to build its people first culture? Why or why not? What are the key challenges facing Gusto 54 in January 2020 (before awareness of the upcoming COVID-19 pandemic)?
• If COVID-19 had never happened, which challenge would have been Gusto 54's largest barrier to continued growth? How would you suggest the group tackle this challenge?
Gusto 54 maintained its people-first culture effectively before COVID-19.
How did Gusto 54 maintain its people-first culture before COVID-19?Gusto 54's competitive advantage in January 2020 stemmed from its people-first culture, which was deeply embedded in the organization's values, attitudes, and diversity. The company prioritized fostering a sense of ownership and accountability among its employees, creating an environment where individuals felt empowered to contribute and take responsibility for their work. This culture allowed Gusto 54 to cultivate a strong sense of unity and collaboration, leading to enhanced performance and customer satisfaction.
Regarding the steps taken to build the people-first culture, agreement or disagreement depends on individual perspectives. However, Gusto 54's approach appears to have been effective in creating a positive work environment. The company's emphasis on communication, trust, and employee well-being fostered a sense of loyalty and commitment among the workforce.
In January 2020, before the awareness of the COVID-19 pandemic, Gusto 54 faced several key challenges. These challenges included managing growth, maintaining the people-first culture amid expansion, and aligning the company's values with its strategic goals. However, if COVID-19 had never happened, the largest barrier to continued growth for Gusto 54 would likely have been the need to scale while preserving its unique culture and maintaining employee engagement.
To tackle this challenge, Gusto 54 could have focused on implementing effective communication channels and mechanisms to ensure that the company's values and culture were consistently reinforced across all levels. Additionally, investing in employee development programs, leadership training, and ongoing feedback mechanisms could have further solidified the people-first culture and supported continued growth.
Learn more about competitive
brainly.com/question/2570802
#SPJ11