. (TCO 2) Bubba’s Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $2‚250‚000 and direct labor hours are budgeted at 415‚000 hours. Actual overhead was $2‚200‚000 and actual direct labor hours worked were 422‚000. (a) Calculate the predetermined overhead rate. Rate‚ based on budgeted factory overhead cost and budgeted activity‚ that is established before a period begins. 2‚250‚000/415‚000 Budgeted
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CHFD311 Quiz 2 Question 1 of 29 0.5 Points Which one of the following best describes socialization as developmental theorists typically use the term? A.Learning and following rules of moral behavior B.Molding children’s behavior so that it is appropriate for their society C.Interaction with other people‚ especially peers‚ in enjoyable activities D.Acquiring an increasingly complex understanding of interpersonal relationships Answer Key: B Question 2 of 29 0.5 Points Culture has a
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is‚ the more time there is for the (hopefully) increased salary to offset the cost of the decision to return to school for a MBA. The cost includes both the explicit costs such as tuition‚ as well as the opportunity cost of the lost salary. 2. Perhaps the most important non quantifiable factors would be whether or not he is married and if he has any children. With a spouse and/or children‚ he may be less inclined to return for an MBA (especially full-time) since his family may be less
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Business Essay Topic: Forms of Business Organizations It is important that the business owner seriously considers the different forms of business organization — types such as sole proprietorship‚ partnership‚ and corporation. Which organizational form is most appropriate can be influenced by tax issues‚ legal issues‚ financial concerns‚ and personal concerns. This essay explains the general impression of business organizations. A Sole Proprietorship‚ also known as the sole trader or simply
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OF CALIFORNIA‚ RIVERSIDE School of Business Administration BUS 109 – Competitive and Strategic Analysis SPRING 2013 Dr. Sean D. Jasso EXAM 2 The following are the questions to prepare for your second exam. On exam day we will randomly select among the four questions – the quantity of questions will be determined on exam day. Please answer each question as thoroughly as possible‚ providing rich detail from our lectures‚ readings‚ and discussions. The organization of your answers‚ the complexity of
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STUDY GUIDE 5 Points Michael Plahm Business Enterprise BUS 100 Chapters 8-13 Chapter 8 The process of integrating new employees in an organization is called Orientation. Mentoring and career planning is an example of Human Resource Development. Performance management and evaluation is concerned with maintaining a positive work environment. Pensions and insurance are examples of benefits. Human resource management should be in compliance with the law of
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29. In fiscal year 2011‚ Starbucks Corporation (SBUX) had revenue of $11.70 billion‚ gross profit of $6.75 billion‚ and net income of $1.25 billion. Peet’s Coffee and Tea (PEET) had revenue of $372 million‚ gross profit of $72.7 million‚ and net income of $17.8 million. a. Compare the gross margins for Starbucks and Peet’s. Gross Marin = Gross Profit/Sales (Page 35) Starbucks: ($6.75 gross profit / $11.70 sales) = 0.57692 x 100 = 58% GM Peet’s: ($72.7 gross profit / $ 372 sales) = 0.19543 x
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Evaluation Performance Maranda Green BUS 401 Prof Robert Watson 10 March 2014 Ford Motor Company Henry Ford founded Ford Motor Company in the year 1903 at Dearborn‚ Michigan‚ USA and is known to have adopted practices that were not popular in those days. Henry Ford is popular for his practices that were unique in those days as he believed in revolutionary ideas and building revolutionary leadership. He practiced worker friendly policies‚ innovative methods of large scale car manufacturing
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Questions for Review – Week #2 1) What kinds of establishments may employ full-time students at 85 percent of the minimum wage? Retail and Service establishments and farms may employ full-time students at 85% of the minimum wage. 2) What are the types of exempt white –collar employees? Executives‚ administrators‚ professional employees‚ highly compensated employees‚ computer professionals‚ and outside salespersons can be exempt if they satisfy certain tests. 3) Under what conditions
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2.1 It is important to take a balanced approach to risk management because its children’s natural inclination to take risks when they play‚ those responsible for children have to take a balanced‚ thoughtful approach to managing risk. This is particularly important for play because children today tend to have less freedom than in the past‚ and hence may have fewer opportunities for risk-taking as a normal part of their everyday lives‚ however as early years providers we must ensure that we take all
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