By encouraging its sales representatives to freely talk to their managers about the changing customer needs, RST Global increased its responsiveness to customers. Which of the following is most likely to be the factor that helped RST achieve this? Low information richness
Overload of information
High perceptual bias
Good communication
Effective electronic trail

Answers

Answer 1

Answer:

Answer: GOOD COMMUNICATION

Explanation:

A. The capacity of data to carry potential information is called information richness. As the sales representative were the mediums and the topic was need of customers there is no scope that information will be low in richness.

B. If there would be an information overload there could not have been an increase in responsiveness.

C. The information was presented by sales representatives who gets in direct contact with customers so there is a very little chance that the information would be on perceptual basis.

D. Free and effective communication between managers and sales representatives helps to transmit complete message with all perspectives cleared . Thus, helping in succeed.

E. In this problem there is an effective internal organizational communication and not an electronic trail.

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What is the specific eight-digit Codification citation (XXX-XX-XX-X) that describes the information about loans and trade receivables that is to be disclosed in the summary of significant accounting policies?

Answers

Answer: FASB ACS 310-10-50-2: “Receivables—Overall—Disclosure—Accounting Policies for Loans and Trade Receivables.

Explanation:

For the purposes of establishing standard frame of referencing for for items such as articles, textbooks, and other similar items, the FASB uses an 8 digit codification cititation format that works in the following way.

i. Topics — FASB ASC 310 to access the Receivables Topic

ii. Subtopics — FASB ASC 310-10 to access the Overall Subtopic of Topic 310

iii. Sections — FASB ASC 310-10-15 to access the Scope Section of Subtopic 310-10

iv. Paragraph — FASB ASC 310-10-15-2 to access paragraph 2 of Section 310-10-15"

The specific eight-digit Codification citation that describes the information about loans and trade receivables that is to be disclosed in the summary of significant accounting policies is,

FASB ACS 310-10-50-2: “Receivables—Overall—Disclosure—Accounting Policies for Loans and Trade Receivables.

The specific eight-digit codification citation should be FASB ACS 310-10-50-2.

Information of FASB:

Here FASB applied an 8 digit codification citation format that works in the following way.

i. Topics — FASB ASC 310 to access the Receivables Topic

ii. Subtopics — FASB ASC 310-10 to access the Overall Subtopic of Topic 310

iii. Sections — FASB ASC 310-10-15 to access the Scope Section of Subtopic 310-10

iv. Paragraph — FASB ASC 310-10-15-2 to access paragraph 2 of Section 310-10-15"

Learn more about receivables here: brainly.com/question/24509758

Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of units produced 6,400 Variable costs per unit: Direct materials $ 60 Direct labor $ 54 Variable manufacturing overhead $ 4 Variable selling and administrative expense $ 17 Fixed costs: Fixed manufacturing overhead $ 236,800 Fixed selling and administrative expense $ 492,800 There were no beginning or ending inventories. The absorption costing unit product cost was:

Answers

Answer:

$155 per unit

Explanation:

Calculation for what The absorption costing unit product cost was:

Using this formula

Absorption costing unit product cost = Direct material + Direct labour + Variable manufacturing overheads + (Fixed manufacturing overheads / Number of units produced)

Let plug in the formula

Absorption costing unit product cost = $60+ $54+ $4 + ( $ 236,800/6,400 )

Absorption costing unit product cost =$60+ $54+ $4 + $37

Absorption costing unit product cost = $155 per unit

Therefore The absorption costing unit product cost was:$155 per unit

Suppose the demand and supply curves for good X are both linear. And, the demand price for the first unit of X is $14, and the supply price for the first unit of X is $3. If the equilibrium price for good X is $8 and the equilibrium quantity of X is 12,000 units, then total consumer surplus is $________, total producer surplus is $________, and total social surplus is $__________ a. $36,000; $30,000; $66,000b. $30,000; $36,000; $66,000c. $6; $5; $11d. $6,000; $5,000; $11,000

Answers

Answer:

a. $36,000; $30,000

Explanation:

Consumer Surplus is the difference between price paid by the consumer & maximum price he is willing to pay. Graphically it is the triangular area above the equilibrium price, below the demand curve.

Producer Surplus is the difference between price received by the seller & his minimum selling price. Graphically it is the triangular area below the equilibrium price, above the supply curve.

So : The formula = 1/2 (price differential) (quantity)

Consumer Surplus = 1/2 (14-8)(12000) = 1/2 (6) (12000) = 1/2 (72000)

= 36000

Producer Surplus = 1/2 (8-3)(12000) = 1/2 (5) (12000) = 1/2 (60000)

= 30000

In long-run competitive equilibrium SRATC = LRATC, because if SRATC > LRATC (at the quantity of output at which MR = MC) firms would _______.A. have an incentive to change their plant size to produce their current output.
B. not be covering their total fixed costs.
C. not be covering their total variable costs.
D. a and b b and c

Answers

In long-run competitive equilibrium SRATC = LRATC, because if SRATC > LRATC (at the quantity of output at which MR = MC) firms would have an incentive to change their plant size to produce their current output.

Option: A

Explanation:

In perfect competition, balance is the stage where consumer demands are equal to market supply. In the short term demand can impact stability. In the long run both a product's demand and supply would influence the balance in perfect competition.

The increase in the quantity of output generated is the SRTC i.e short-run total cost and LRTC i.e long-run total cost scales because generating more output needs more labor utilization for both the short and long runs, and since, in the long run, generating more output implies using more of the physical resource supply; and by using more of either supply means incurring more production costs.

The Dahlia Medical Center has 30 labor rooms, 15 combination labor and delivery rooms, and 3 delivery rooms. All of these facilities operate around the clock. Time spent in labor rooms varies from hours to days, with an average of about a day. The average delivery requires about one hour in a delivery room. The average time in a combination labor-delivery room is about 24 hours. During an exceptionally busy three-day period, 109 healthy babies were born at Dahlia Medical Center. Sixty babies were born in separate labor and delivery rooms, and 45 were born in combined labor and delivery rooms. Which of the facilities (labor rooms, combination labor and delivery rooms, or delivery rooms) had the greatest utilization rate?

Answers

Answer:

The combination Labour delivery room

Explanation:

Utilization refers to the degree by which available resource

is being used.

It is given by the ratio of total input to total output

The attached file shows a complete solution

Final answer:

Over a three day period, the combined labor and delivery rooms at Dahlia Medical Center had the greatest utilization rate given the number of rooms and babies born.

Explanation:

In order to determine facility utilization rate, we must consider how many babies were born in each type of room, the number of each type of room available, and the time period in question. In this case, the time span is three days. There were 60 babies born in separate labor and delivery rooms, 45 were born in combined labor and delivery rooms, and the remaining 4 babies (109-105) were presumably born in one of the 3 dedicated delivery rooms.

For the labor rooms, the utilization rate calculates as (60 babies/30 rooms)/3 days = 0.67. For the combined labor and delivery rooms, it is (45 babies/15 rooms)/3 days = 1. For the delivery rooms, we deduce that 4 babies were born so the calculation will be (4 babies/3 rooms)/3 days = 0.44.

Therefore, the combined laborand delivery rooms had the greatest utilization rate over the three day period.

Learn more about Utilization Rate here:

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Markson Company had the following results of operations for the past year: Sales (8,000 units at $20) $ 160,000 Variable manufacturing costs $ 86,000 Fixed manufacturing costs 15,000 Variable administrative expenses 12,000 Fixed selling and administrative expenses 20,000 (133,000 ) Operating income $ 27,000 A foreign company offers to buy 2,000 units at $14 per unit. In addition to variable manufacturing and administrative costs, selling these units would increase fixed overhead by $1,600 for the purchase of special tools. Markson’s annual productive capacity is 12,000 units. If Markson accepts this additional business, its profits will:

Answers

Answer:

Increase in profit $ 1900

Explanation:

To determine the additional profit from the special order, we would consider only the costs and revenue relevant to the special order decision:

Unit relevant cost = Total variable cost/Units produced

Total variable costs = 86,000 + 12,000 =$98000

Unit relevant cost = 98,000/8,000 = $12.25

Note that fixed costs are irrelevant, whether or not the special order is accepted the fixed manufacturing and administrative expenses would be incurred. Hence, they are excluded from the computation.

Revenue from the special order ( $14× 2,000) = 28,000

Relevant costs of special order ( $12.25× 2,000) (24,500)

Cost of special tools (1,600)

Increase in profit 1900

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When using a perpetual inventory system and the weighted-average inventory costing method, a new weighted-average cost per unit is computed __________ each __________.

Maria, the landlord, refuses to fix a small leak in the roof that was there prior to the current tenant. Juan, the current tenant, has just discovered the leak after a heavy rain. The consequence is that black mold has been forming in the attic for quite some time. Juan still has significant time remaining on his lease. Juan has notified Maria in writing of the mold and leak issue but has received no response. He is concerned about the premises becoming unsafe to live in. It has been 14 days since he emailed her his notification. What are all of Juan’s options if Maria declines to do the repairs? Please discuss all remedies Juan may seek. Please remember to reference the contract and text to support your analysis.

TO GO! writes and manufactures murder mystery parlor games that it sells to retail stores. The following is per-unit information relating to the manufacture and sale of this product. Unit sales price $ 30 Variable cost per unit 6 Fixed costs per year 360,000 a. Determine the contribution margin ratio. b. Determine the sales volume (in dollars) required to break even. c. Determine the sales volume (in dollars) required to earn an annual operating income of $440,000. d. Determine the margin of safety (in dollars) if annual sales total 60,000 units.

At December 31, 2018, Novak Corp. Company had a credit balance of $ 18,000 in Allowance for Doubtful Accounts. During 2019, Novak Corp. wrote off accounts totaling $ 13,300. One of those accounts ($ 3,200) was later collected. At December 31, 2019, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $ 27,200. Prepare journal entries to record the 2019 transactions of Novak Corp. Company