Computing Total Job Costs and Unit Product Costs Using a Plantwide Predetermined Overhead Rate [LO2-3] Mickley Company's plantwide predetermined overhead rate is $21.00 per direct labor-hour and its direct labor wage rate is $12.00p hour. The following information pertains to Job A-500: Required: 1. What is the total manufacturing cost assigned to Job A−500 ? 2. If Job A-500 consists of 90 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.) Exercise 2-6 Job-Order Costing for a Service Company [LO2-1, LO2-2, LO2-3] Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants that work at the client's job site, and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters as well as the office supplies that are consumed serving clients. Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 77,500 direct labor-hours would be required for the period's estimated level of client service. The company also estimated $775,000 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm's actual overhead cost for the year was $789,800 and its actual total direct labor was 83,350 hours. Required: 1. Compute the predetermined overhead rate. 2. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was available with respect to this job: Compute the total job cost for the Xavier Company engagement. Complete this question by entering your answers in the tabs below. Compute the total job cost for the Xavier Company engagement. (Round your intermediate calculations to 2 decimal places.) Complete this question by entering your answers in the tabs below. Compute the predetermined overhead rate. (Round your answer to 2 decimal places.) Exercise 2-12 Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3] Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Compute the total manufacturing cost assigned to Job 400. 3. If Job 400 includes 60 units, what is the unit product cost for this job? 4. If Moody uses a markup percentage of 130% of its total manufacturing cost, then what selling price per unit would it have established for Job 400? Complete this question by entering your answers in the tabs below. Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Complete this question by entering your answers in the tabs below. Compute the total manufacturing cost assigned to Job 400. (Round your intermediate calculations to 2 your final answer to the nearest dollar amount.) Complete this question by entering your answers in the tabs below. If Job 400 includes 60 units, what is the unit product cost for this job? (Round your answer to the nearest whole dolla Complete this question by entering your answers in the tabs below. If Moody uses a markup percentage of 130% of its total manufacturing cost, then what selling price per unit would it have established for Job 400 ? (Round your answer to the nearest whole dollar.)
Answers
The total manufacturing cost assigned to Job A-500 is $330.00 and the unit product cost for this job is $3.67 per unit.
1. For Job A-500, the total manufacturing cost can be calculated by multiplying the direct labor hours with the plantwide predetermined overhead rate. In this case, the direct labor hours are not provided, so we need to use the direct labor cost as a proxy. The direct labor cost is calculated by multiplying the direct labor wage rate with the number of hours worked. Let's assume Job A-500 requires 10 hours of direct labor.
Direct labor cost = direct labor wage rate * direct labor hours
Direct labor cost = $12.00 * 10 = $120.00
Total manufacturing cost = direct labor cost + (direct labor hours * plantwide predetermined overhead rate)
Total manufacturing cost = $120.00 + (10 * $21.00) = $330.00
2. The unit product cost for Job A-500 can be calculated by dividing the total manufacturing cost by the number of units. In this case, we are told that Job A-500 consists of 90 units.
Unit product cost = total manufacturing cost / number of units
Unit product cost = $330.00 / 90 = $3.67 per unit
Therefore, the total manufacturing cost assigned to Job A-500 is $330.00 and the unit product cost for this job is $3.67 per unit.
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1. To compute the total manufacturing cost assigned to Job A-500, we need to add together the direct labor cost and the manufacturing overhead cost. 2. Since we cannot compute the total manufacturing cost assigned to Job A-500, we cannot determine the unit product cost for this job. Therefore, we cannot round our answer to 2 decimal places.
1. To compute the total manufacturing cost assigned to Job A-500, we need to add together the direct labor cost and the manufacturing overhead cost.
First, let's calculate the direct labor cost. The direct labor cost is obtained by multiplying the direct labor wage rate ($12.00 per hour) by the number of direct labor hours used for Job A-500. However, we are not provided with the number of direct labor hours for Job A-500. So, we cannot determine the direct labor cost.
Next, let's calculate the manufacturing overhead cost. The manufacturing overhead cost is obtained by multiplying the plantwide predetermined overhead rate ($21.00 per direct labor-hour) by the number of direct labor hours used for Job A-500. Again, we don't have the number of direct labor hours for Job A-500, so we cannot determine the manufacturing overhead cost.
Since we cannot determine the direct labor cost and the manufacturing overhead cost, we cannot compute the total manufacturing cost assigned to Job A-500.
2. Since we cannot compute the total manufacturing cost assigned to Job A-500, we cannot determine the unit product cost for this job. Therefore, we cannot round our answer to 2 decimal places.
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Related Questions
applepay which was introduced and created cooperatively by apple and mastercard is an example of: brand dilution. brand collusion. co-branding. a generic brand. brand extraction
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co-branding. Apple Pay, which was developed through a cooperative effort between Apple and Mastercard, is an example of co-branding.
co-branding. Co-branding refers to a marketing strategy where two or more brands collaborate to create a new product or service that combines their individual brand identities.
In the case of Apple Pay, Apple and Mastercard joined forces to develop a mobile payment system that allows users to make secure transactions using their Apple devices, such as iPhones or Apple Watches. Apple's brand recognition and user base, combined with Mastercard's expertise in payment processing, resulted in the creation of Apple Pay.
Co-branding offers several advantages, including leveraging the strengths of multiple brands, expanding customer reach, and creating new revenue streams. By collaborating, Apple and Mastercard were able to tap into their respective customer bases and enhance their brand images through the association with each other.
It's important to note that brand dilution, brand collusion, generic brands, and brand extraction are distinct concepts unrelated to the cooperative effort seen in co-branding.
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What might you tell her about career resources and their importance in career selection?
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Answer:
I would like to tell her that it is good that she has chosen her career but there is no harm in taking the help of the career resources as it will clarify her path and clear her conflicts if any. Moreover, it can help in her career selection and give her some ideas of the pros and the cons of the field she is choosing. Taking assistance of the resources can give major idea of the experiences and the instances from other’s life and can influence her decision in the positive way.
Explanation:
edge
Suppose you short-sell 100 shares of ibm, now selling at $200 per share. (lo 3-4) a. what is your maximum possible loss? b. what happen
Answers
a. Your maximum possible loss is unlimited when short-selling stocks.
What happens if the price of IBM shares increases after short-selling?When you short-sell a stock, you borrow shares from a broker and immediately sell them on the market, with the intention of buying them back at a later time at a (hopefully) lower price to return to the broker. In this case, you have short-sold 100 shares of IBM, each valued at $200.
a. Your maximum possible loss: When short-selling, the price of a stock can theoretically increase infinitely, resulting in potentially unlimited losses. If the price of IBM shares were to rise instead of fall, you would need to buy back the shares at a higher price to return them to the broker. The difference between the selling price and the higher buying price represents your loss.
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easy career question for you
Answers
I would think B would be your answer, but if we are talking about in 2021 with pandemic, then most likely A.
Hope this helps sorry if it doesn’t
Answer b
hope this helps
The criteria that the weather channel uses to rate employees is based on the individual's perceived capabilities to orchestrate and apply combinations of knowledge, skills, and abilities consistently over time, also known as
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major differences between service companies and retail or manufacturing companies is that retailers and manufacturers must account for
Answers
The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;
Inventory and Cost of GoodsInventory refers to the goods in stock which the business wishes to sell in order to make a profit from.
Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.
The same is not applicable to service companies because they do not have physical goods to sell.
Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.
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What is the proper balance between dealing with negative externalities through government regulation or through torts?
Answers
Answer:
Government regulation is the best way to deal with negative externalities
Explanation:
An externality is the effect of the activities ( mostly economic ) of an individual on third parties whom are not direct participants in such activities ( mostly economic ) and this externalities can be either positive or negative .
A proper balance by which Government can deal with negative externalities is by increasing taxes on the production of goods and services that leave a trail of negative externalities on third parties. that way the cost of production of such goods and service will discourage its production
marie corporation's what are the net cash flows from investing activities that will be reported in the statement of cash flows? (enter net cash outflows with a minus sign.)
Answers
Your company's cash flow statement includes cash flow from investing operations, which is used to show investing activities and their effects on cash flow. For this activity, learn how to compute it.
Any transactions that have a direct impact on long-term assets are considered investments. This can involve buying a building, selling equipment, or purchasing stocks. an aa a an a's"" A company's cash flow from assets is reduced whenever a long-term asset is bought, whereas cash flow is increased when a long-term asset is sold. The following sections are present in all cash flow statements: Cash flow from operating operations . cash flow generated by investing. Flow of money from financial operations. The cash flow statement, in contrast to other financial statements, exclusively considers cash entering and leaving a corporation.
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Marked out of It has been estimated that safe aircraft carrier landings operate at about the 4.90 level, assume the 1.50 shift in the mean customary for Six Sigma applications. What DPMO does this imply?
Answers
The level of safe aircraft carrier landings is 4.9, and 1.50 is the standard deviation shift customary for Six Sigma applications.The DPMO of the safe aircraft carrier landings is approximately 999,316.
Aircraft carrier landings operate at about 4.9, which implies that approximately 99.99366 percent of the landings are free of defects. We must now apply the 1.50 shift in the mean customary for Six Sigma applications.
DPMO or Defects per Million Opportunities is a Six Sigma term used to calculate quality performance.
It determines the number of errors that occur per million opportunities. We must first calculate the Z-score to determine the DPMO.
The formula for calculating the Z-score is:
Z=(X-μ)/σ.
Here, X=4.9 and σ=1.50.
Assume a normal distribution, therefore, μ=0.
The Z-score is,
Z=(4.9-0)/1.50 = 3.2667.
We can utilize a standard normal distribution table to identify the area under the curve from the mean to the Z-score.
The DPMO can be calculated by multiplying this area by one million.
In this case, the area under the curve from the mean to the Z-score is 0.999316. Therefore,
DPMO = 0.999316*1000000 ≈ 999,316.
So, the DPMO of the safe aircraft carrier landings is approximately 999,316.
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Purchasing cruelty free products can have a positive impact on
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Answer: Animals
Explanation: just got it right
How can expectations about the future change consumer behavior?
Answers
Expectations about the future can significantly impact consumer behavior, which can in turn impact the overall economy.
Future expectations can have a significant impact on consumer behaviour in a variety of ways:
Purchasing decisions: Consumers' purchasing decisions may be influenced by their future expectations. For example, if they anticipate future price increases, they may buy more goods and services now to avoid paying higher prices later.Saving and investing: Consumers' saving and investing behaviour may be influenced by their future expectations. If they anticipate an improvement in economic conditions, they may be more likely to save and invest for future opportunities.Borrowing and lending: Future expectations can also influence borrowing and lending behaviour. For example, if consumers anticipate rising interest rates in the future, they may be more willing to borrow money now to take advantage of lower rates.Economic activity: Future expectations can have an impact on overall economic activity. Consumers may be more cautious with their spending if they expect economic growth to slow in the future, which could lead to a decrease in economic activity.Overall, future expectations can have a significant impact on consumer behaviour, which in turn can have an impact on the overall economy.
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Which of the following can eliminate the inefficiency inherent in monopoly pricing? Cost-plus pricing Price discrimination Regulations that force monopolies to reduce their levels of output O Arbitrage
Answers
Price discrimination is the most effective way to eliminate the inefficiency inherent in monopoly pricing. By charging different prices to different groups of consumers, a monopolist can extract more surplus from the market and increase overall welfare.
Cost-plus pricing may not necessarily eliminate inefficiency since it does not take into account the actual demand for the product. Regulations that force monopolies to reduce their levels of output may not necessarily lead to efficiency since the monopolist may still have excess capacity. Arbitrage, which involves taking advantage of price differences in different markets, may not necessarily eliminate inefficiency in monopoly pricing since the monopolist may still have market power in each of the markets.
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Keri is making doll clothes for a holiday craft show. the wholesale cost of the materials for one outfit is $9.38. if she sells an outfit for $15, what is the percent of markup? round to the nearest percent.
Answers
The percent of markup is calculated by dividing the selling price by the cost of the materials:
Markup % = (Selling Price / Cost of Materials) x 100
Rounded to the nearest percent, the markup is 60%.
The percent of markup for Keri's doll clothes can be calculated by using the formula:
Markup Percent = [(Selling Price - Wholesale Cost) / Wholesale Cost] × 100
First, we need to find the difference between the selling price and the wholesale cost:
$15 - $9.38 = $5.62
Next, we need to divide this difference by the wholesale cost:
$5.62 / $9.38 = 0.599
Finally, we need to multiply this number by 100 to get the percent of markup:
0.599 × 100 = 59.9%
Rounding to the nearest percent, the markup percent for Keri's doll clothes is 60%.
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Is money the root of all evil?
Answers
Answer:
No
Explanation:
the lo.ve of mone.y is a root of all kinds of e.v.il” or simply “for the love of money is the root of all e.vil.” Not m.oney itself, but the love of money. That's a key dis.tin.ction. Money itself is neither good nor e.vil.
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:DD
What is the definition of a team? What is teamwork? Why is learning to work well with others important in life? What is one issue that hinders you from wanting to work with other people? What is one thing you can change so you can be successful when working in teams?
Answers
Answer:
Team work is when every one comes together to do or accomplish something and the definition of team is a group of people that play for the same thing it's important in life because when you get into the real world you will have to work with other people even if you don't like them one issue that hinders you from wanting to work with other people is you don't like those other people one thing you can change so you can be successful when working in teams is try to get along with everyone else on the team.
Question 9 of 10
3 Points
Suppose a merchant in a moneyless economy traded his goods for a large
amount of purple fabric. He intended to use the fabric to trade for other
goods in another location. While he traveled to the other marketplace,
however, a trade ship arrived with a large shipment of purple fabric. As a
result, the merchant was only able to trade his fabric for about half of what he
had expected it to be worth in return. This situation illustrates the need for
what aspect of the purpose of money?
A. Preservation of value
B. Unit of measure
C.Ease of exchange
D.Government endorsement
I NEED HELP PLEASE!!
Answers
Answer:
Preservation of value
Explanation:
One of the advantages of money over trade by barter or any other moneyless transaction is the time value of money.
Time value of money can be explained as the ability of money to preserve its value and even increase in nearest future due to its potential earning capacity.
It can be inferred from the given scenario that the purples fabrics has lost a significant value due to the surplus of supply in the market place as it could no longer achieve the original worth.
Answer:
A) Preservation of value!
Explanation:
This means preserving a value, the cost of things at one point and another, you want to preserve that value in order to get the most out of your payment.
has an insurance policy that cannot be cancelled unless he fails to pay his premium when due. which provision in his insurance policy would specify this?
Answers
A non-forfeiture option is a clause in some life insurance policies that says the policyholder will not lose the policy's value if they don't pay their premiums within a certain time frame.
In an insurance policy, what exactly is a non-forfeiture option?An insurance policy's nonforfeiture clause says that an insured person can get full or partial benefits or a partial refund of premiums if they don't pay their bills. Nonforfeiture clauses may be included in policies for long-term care insurance, long-term disability insurance, and permanent life insurance.
Which three kinds of nonforfeiture options are there?Policyowners can use or pay out the cash values in these ways. There are three options for nonforfeiture:
the payment of cashinsurance with lower premiumslong-term insurance. When the policy is surrendered, the policyowner has the option of requesting a cash payment equal to the cash values.Learn more about Nonforfeiture clauses here:
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What are the limitations of using immunochromatography?
what are the limitations of using latex agglutination?
Answers
Immunochromatography and latex agglutination have limitations in sensitivity, specificity, and quantitative measurements. Careful consideration and exploration of alternatives are important.
1. Limitations of using immunochromatography:
a. Sensitivity: Immunochromatography tests may have limitations in terms of sensitivity, especially when compared to more advanced laboratory-based methods. This can result in false-negative results, where the test fails to detect the target analyte even if it is present at low levels.
b. Specificity: While immunochromatography tests are designed to be specific to the target analyte, there is a possibility of cross-reactivity or interference with other similar substances. This can lead to false-positive results or inaccurate interpretation of the test.
c. Quantitative measurement: Immunochromatography tests are generally qualitative or semi-quantitative, providing a visual indication of the presence or absence of a target analyte. However, they may not offer precise quantitative measurements, which can be a limitation in certain applications requiring precise quantification.
d. Limited multiplexing capability: Immunochromatography tests are often designed for the detection of a single target analyte or a limited number of analytes. Compared to laboratory-based techniques, they may have limited capacity for multiplexing, i.e., simultaneous detection of multiple analytes in a single test.
2. Limitations of using latex agglutination:
a. Sensitivity: Similar to immunochromatography, latex agglutination tests may have limitations in sensitivity. They may not be as sensitive as more advanced techniques, leading to potential false-negative results.
b. Specificity: Latex agglutination tests can be subject to cross-reactivity or interference, resulting in false-positive or false-negative results due to nonspecific interactions between the latex particles and other substances.
c. Subjectivity: Interpretation of latex agglutination tests can be subjective and dependent on the observer. The presence or absence of agglutination can be open to interpretation, which may introduce variability and potential for errors.
d. Limited quantitative information: Similar to immunochromatography, latex agglutination tests generally provide qualitative or semi-quantitative results rather than precise quantitative measurements. This can be a limitation in situations where precise quantification is required.
It's important to note that the limitations mentioned above are not inherent to immunochromatography or latex agglutination as a whole but represent common challenges associated with these techniques. Advancements and modifications in the design and methodology can help overcome some of these limitations in specific applications.
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Determining Cost of Goods Sold For a recent year, Best Buy (BBY) reported sales of $39,528 million. Its gross profit was $9,191 million. What was the amount of Best Buy's cost of goods sold
Answers
Answer:
30,337 million
Explanation:
sales-cost of goods sold = gross profit
(in millions)
(x= COGS)
39528-x=9191
x=30,337
place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
Answers
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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1. What are Wanda's ethical and social responsibilities
about the data she collects and uses?
Answers
The Wanda's ethical and social responsibilities
about the data she collects and uses are to track and capture data about the people who visit her website and her Face.book page. She hopes to get information about who visits, how long they stay, what they click on, and other key information she can use to improve her marketing and even expand her product lines.
Wanda's ethical and social responsibilities also include securing her data as instances of data breaches in the news make rounds. She accumulate as much information as she can about her customers. Wanda figures that if people are using the Internet and the possibility of their information being compromised is just the price of living in a digital age.
What is ethics?Ethics or moral philosophy is a branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.
Therefore, the correct answers are as given above
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How do performance standards best promote ethical behavior?
Answers
Answer:
reviews and if manage hold themselves to a high standard of ethical behavior how do managers deal with overstaffing problems teaching employees better time management/.
Explanation:
Petro Roos is thinking of purchasing the business premises rather than renting it. Provide Two separate advantages and two separate disadvantages of this option. Note: the business has no financial investments. Any TWO separate advantages Any TWO separate disadvantages
Answers
Answer:
Advantages of buying business premises
There are considerable advantages to securing a mortgage to buy business premises, including:
your mortgage repayment is likely to be similar to or less than a rental payment on the same propertywith a fixed rate mortgage, your monthly repayments will be predictableyou aren't exposed to any sudden, large rent increasesyou may be able to sublet any free space, reducing your monthly repayments (you may require permission from your lender to do so) and allowing you to generate extra incomeinterest payments on a commercial mortgage are tax-deductibleany gain in value of the property will increase your capitalas your business grows, you may be able to extend your existing premises, avoiding relocation costsyou have control over what alterations you want to make to your office spaceDisadvantages of buying business premises
The disadvantages of buying business premises include the following:
Unlike renting, you'll need to come up with a substantial mortgage deposit - this is money that might be used for more important business purposes.If you own premises, you may find it harder to relocate your business, because selling business premises is a complex and sometimes lengthy process. If you rent, you may be able to negotiate to end your rental agreement, or to find another organisation to take over your tenancy at short-notice.If you have a variable rate mortgage, you are exposed to increases in interest rates.Owning a property means you'll be responsible for factors such as maintenance, fixtures and fittings, insurance, decoration and security, which can prove expensive.Repaying a commercial mortgageCommercial mortgage fees and costsBook traversal links for Advantages and disadvantages of buying business premisesExplanation:
Implied contracts can be formed through an employer's representation of ________. fair performance appraisal fair compensation continued employment in writing or through oral statements fair selection process
Answers
Answer:
state
Explanation:
Because it better
Implied contracts can be formed through an employer's representation of continued employment in writing or through oral statements. The correct option is c.
What are implied contracts?Implied contracts are legal obligations created by words, actions, or circumstances. Implied contracts are formed in small ways every day.
When we order a meal in a restaurant or reach across a table for a manicure, we don't sign a contract, we might not even exchange words but we are agreeing to receive goods or services in exchange for paying all the same. To prevent someone from getting something for nothing, or, as it's called in legal terms, unjust enrichment, a judge would decide that there existed an implied contract between us and the restaurant or manicurist and order we have to pay up.
In an implied contract, the terms and conditions of the entire agreement are not spelt out, and they are simply implied.
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Chloe is a sales manager at Palmodian Enterprises and it is time for performance appraisals to be conducted. She evaluates a particularly strong employee, Frank. Afterwards, she evaluates Craig, who seems worse by comparison to Frank. It is likely that Chloe rated Craig lower than what she might have had Frank not been rated previously. What has occured
Answers
The contrast effect explains why Chloe rated Craig lower than she might have if Frank had not been evaluated previously.
Chloe, as a sales manager at Palmodian Enterprises, is conducting performance appraisals for her employees. She first evaluates Frank, who is a particularly strong employee. Then, she evaluates Craig, who seems worse in comparison to Frank. It is likely that Chloe rated Craig lower than what she might have had Frank not been rated previously. This phenomenon is known as the "contrast effect" in performance appraisals.
The contrast effect occurs when an individual's perception of something is influenced by a recent comparison. In this case, Chloe's evaluation of Craig is influenced by her prior evaluation of Frank. Because Frank is seen as a strong employee, Craig may appear relatively weaker by comparison, leading Chloe to rate him lower than she might have otherwise.
To illustrate this concept, imagine you taste two different cups of coffee. If you first taste a strong, bold cup and then a milder one, the milder coffee may seem even weaker compared to the previous cup. Similarly, Chloe's evaluation of Craig is influenced by her previous evaluation of Frank, resulting in a potentially lower rating.
In conclusion, the contrast effect explains why Chloe rated Craig lower than she might have if Frank had not been evaluated previously. This psychological phenomenon highlights the importance of considering multiple factors and avoiding biases in performance appraisals.
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which word best describes the writing process in business writing ?
Answers
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
What is fiscal policy and what are the three goals of fiscal policy?
Answers
Answer:
Fiscal policy is the use of public expenditure and taxation to affect the economy, particularly macroeconomic conditions. These include employment, inflation, economic expansion, and the total demand for goods and services.
The three goals of fiscal policy are :
to achieve or maintain full employment a high rate of economic growth, and price and wage stabilization.Explanation:
Fiscal policy may be of two kinds : Expansionary fiscal policy: Here, the tax rates are lowered or spending is increased to boost the overall demand and promote economic growth. The rationale behind this strategy is that when people pay less in taxes, they have more money to invest or spend, which increases demand. Because of this demand, businesses increase hiring, which lowers the unemployment rate and intensifies the labor market. As a result, salaries will rise and consumers will have more money to spend and invest. It's a positive feedback loop or cycle.Contractionary fiscal policy: Here, the rates are raised or spending is reduced to stop or lower inflation. To do this, the government raises taxes, cuts spending, and eliminates employment or lowers wages in the public sector.To know more about fiscal policy, visit :
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Answer: "Fiscal policy refers to the use of government spending and tax policies to influence economic conditions, especially macroeconomic conditions. These include aggregate demand for goods and services, employment, inflation, and economic growth."
Explanation:
The three goals of fiscal policy are:
Inflation rate: it refers to the rise in cost of goods and service and decrease in purchasing power. For example, if the rate of inflation is 5%, than your $5.00 morning cup of coffee will cost you $5.25 in a year. In most countries, central banks try to maintain an inflation rate of not more than 3%.Full employment: means low unemployment rate.GDP: Gross Domestic Product (GDP) needs to be at increasing rate.https://brainly.com/question/13982103?referrer=searchResults
merald Energy is an oil exploration and production company that trades on the London Stock Exchange Assume that when purchased by an international investor the stock's price and the exchange rate were ES and EO.64/$1.00 respectively. At selling time, one year after th were £8.75 and 0.60/$1.00. Calculate the investor's annual percentage rate of return in terms of the US dollars O 20.5 percent O None of the options O28.00 percent O 0.20 percent
Answers
The investor's annual percentage rate of return in terms of US dollars is approximately 28.00 percent.
To calculate the investor's annual percentage rate of return in terms of US dollars, we need to consider the change in stock price and the exchange rate.
Given data:
Initial stock price (ES) = £8.75
Initial exchange rate (EO.64/$1.00)
Final stock price (£8.75)
Final exchange rate (EO.60/$1.00)
To calculate the rate of return, we can use the following formula:
Rate of Return = ((Final Value - Initial Value) / Initial Value) * 100
First, let's convert the initial stock price to US dollars:
Initial Stock Price in US dollars = ES / EO
Initial Stock Price in US dollars = £8.75 / 0.64
Initial Stock Price in US dollars ≈ $13.67
Next, let's convert the final stock price to US dollars:
Final Stock Price in US dollars = £8.75 / 0.60
Final Stock Price in US dollars ≈ $14.58
Now, we can calculate the rate of return:
Rate of Return = ((Final Stock Price in US dollars - Initial Stock Price in US dollars) / Initial Stock Price in US dollars) * 100
Rate of Return = (($14.58 - $13.67) / $13.67) * 100
Rate of Return ≈ 6.66%
Therefore, the investor's annual percentage rate of return in terms of US dollars is approximately 6.66%.
The investor's annual percentage rate of return in terms of US dollars is approximately 6.66%. This rate is calculated based on the change in stock price and the exchange rate between the pound sterling and the US dollar.
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It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answers
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
As children, we just have one or two things, but as adults, we have a complete bag of balls that we are attempting to maintain in the aif. Consider all the roles you may be playingwife, mother, daughter, employee, student, military spouse fwhich, while technically a "wife" role, has its own unique issues, so I think we can call it out individuallyl. PTA member, church conmittee chair, blopeer, bock dub member, etc. In addition, the upcoming holiday saason will make you further busier. Last year, during the fall I was attending classes and learning a new job which was very complex. Being a full-time student along with working a full-time job can be chatlenging. Being able to balance work and school can be challenging because i feel like l've been prioritizing work above study. I need to earn money for school, so I must work. For scholarships and decent grades, I still need to continue my education. College is largely dependent on finances. You cannot obtain an education without money. In my case, not working will prevent me from having money or a good education. But I have found that being organized can make it a bit better. However, when learning a new job that is complex you can tend to get overwhelmed. Which happened to me, I felt like every time I completed an assignment at school that was difficult and time-consuming. I was faced with even a more difficult task at work. At times I felt like giving up and hiding trom the world and my responsibilities. The painful reminders that there Through completing the Business Writing Assignment, you constructed a workplace document and engaged in the writing process by taking your instructor's feedback and employing it to improve your assignment. It is important to take time to reflect on your own writing process to hone the process and use it to empower you to improve your process over time. Locate your Business Writing Assignment and evaluate what you wrote. Since this is a reflection, you can include your emotions and reactions, and use the first person ("I′′ ) to write your reflection. In a 550-word reflective response, complete the following elements:
- Discuss your experience writing your assignment, reviewing your instructor's initial feedback, and revising your response.
- Explain some of your writing process and what you thought worked well. - Also, detail some of what in your process you will look to improve for next time.
Answers
Writing the Business Writing Assignment was a challenging yet valuable experience. Receiving and implementing feedback from my instructor helped me improve my work, and I realized the importance of reflection and continuous improvement in my writing process.
Writing the Business Writing Assignment was a journey that involved multiple stages. Initially, I invested time and effort into constructing a workplace document, aiming to meet the assignment requirements. However, it was the process of reviewing my instructor's initial feedback that truly enhanced my understanding and propelled me towards improvement.
By carefully considering the feedback, I gained valuable insights into the strengths and weaknesses of my writing. It allowed me to identify areas that required refinement, such as clarity, organization, or the inclusion of specific details. Armed with this knowledge, I embarked on the revision phase, diligently incorporating the suggestions and making necessary adjustments.
Throughout the writing process, I found certain aspects of my approach to be effective. For instance, I appreciated the value of planning and outlining before diving into the actual writing. This allowed me to structure my ideas and ensure a logical flow in the document. Additionally, seeking feedback from peers or colleagues provided valuable perspectives and helped me fine-tune my work.
However, I recognize the need for improvement in certain areas of my writing process. One aspect I aim to enhance is time management. As the assignment coincided with a busy period in my life, I realized the importance of allocating dedicated time for writing, revising, and incorporating feedback. Improving this aspect will ensure a more balanced and efficient writing process in the future.
In conclusion, the experience of writing the Business Writing Assignment, coupled with the invaluable feedback from my instructor, taught me the significance of reflection and continuous improvement. Through careful analysis of my writing process, I identified strengths to build upon and areas to refine, emphasizing the importance of time management and seeking constructive feedback for future assignments.
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