Management by objectives assumes that:
A) a large power distance exists between employees and managers.
B) management and employees are unlikely to take risks.
C) managers and employees view performance and its related rewards as important.
D) management encourages rigidly stereotyped gender roles for employees.
Answer: C
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Here is information about Company ABC for 2018: Revenue 100 million COGS 55 million Rent 5 million Depreciation 0 Interest 10 million Profits taxes 12 million Preferred dividends 6 million Purchase of equipment 20 million It does not issue any new shares. What is Net (After-Tax) Profit?
a) 12 million b) 18 million c) 28 million d) a loss of 2 million e) a loss of 8 million f) this is an impossible situation
Muses Manufacturing produces plastic toys and uses process costing
There are three processing departments-Assembling, Finishing, and Packaging. On January 1, the Finishing Department had 2,000 units of partially processed product in production. During January, 31,000 units were transferred in from the Assembling Department and 29,000 units were completed and transferred out. At the end of the month, 4,000 units of partially processed products remained in the Finishing Department. See additional details below. Finishing Department, ending balance at January 31 Percent completed for materials cost: 94% Percent completed for conversion cost: 70% What was the number of equivalent units for the month of January, with respect to direct materials, for the Finishing Department? A) 32,760 units B) 33,000 units C) 29,000 units D) 3,760 units