CatNap Company has two products: Kittyz and Katz. A March sales forecast projects 20,000 units of Kittyz and 15,000 units of Kat

Answer:

E. efficiency wages

Explanation:

This situation does not represent discrimination, as Rob has a solid history with the company (15 years). Even though their productivity levels might seem comparable, Rob’s extensive experience warrants the higher compensation.

This exemplifies the efficiency wage hypothesis, which posits that higher salaries can enhance employee productivity. Consequently, this creates an incentive for Rob to remain with the company.

Response:

Net operating profit equals 102,000

Explanation:

Based on the following data:

Selling price per unit is $ 71

Manufacturing costs:

Direct materials cost $ 12

Direct labor cost $ 6

Variable manufacturing overhead is $ 3

Annual fixed manufacturing overhead totals $ 264,000

Selling and administrative expenses:

Variable selling/admin expenses per sold unit are $ 4

Annual fixed selling/admin expenses total $ 74,000

Year 1

Starting inventory numbers 0

Units produced throughout the year are 11,000

Sold units during the year total 8,000

Ending inventory numbers 3,000

Year 2

Beginning inventory equals 3,000

Units manufactured for the year total 12,000

Units sold throughout the year are 14,000

Ending inventory is 1,000

Unitary cost is calculated as: (12 + 6 + 3) + (264,000/11,000)= $45

Income statement details:

Sales total = (8,000*$71)= 568,000

COGS total = (8,000*45)= 360,000 (-)

Gross profit = 208,000

Variable selling/admin costs = (4*8000)= 32,000 (-)

Fixed selling/admin costs = 74,000 (-)

Net operating profit rounds to 102,000

Answer:

International communication competence (ICC)

Explanation:

Intercultural communication competence (ICC) refers to the capability to engage in effective and suitable interactions across different cultural settings. Several elements constitute ICC, with significant factors being motivation, understanding of oneself and others, and embracing uncertainty

Answer:

Explanation:

a. On March 2

Debiting Accounts Receivable A/c $$887,400

                                             Crediting Sales A/c $$887,400

(Recognizing the sale of inventory at sale price)

Debiting Cost of Goods Sold A/c $

                    Crediting Merchandise Inventory A/c $571,700

(Recognizing merchandise sold at cost)

b. On March 8

Debiting Sales Return and Allowance A/c  $103,200

                                 Crediting Accounts Receivable  $103,200

(Recording the sales return)

Debiting Merchandise Inventory A/c  $62,500

                                        Crediting Cost of Goods Sold A/c  $62,500

(Recording the sales return)

c. On March 12

Debiting Cash A/c $768,516

Debiting Sales Discounts A/c $15,684

         Crediting Accounts Receivable A/c $784,200

(Recording cash received)

Calculating the balance owed is as follows:

= Sale of inventory - Returns

= $887,400 - $103,200

= $784,200

And the discount = $784,200 × 2% = 15,684

Answer and explanation:

Inflation refers to the rise in prices of goods and services over time. During such conditions, consumers experience a decline in purchasing power. Typically, in inflationary contexts, the government intervenes as a market regulator, increasing interest rates to counteract this economic phenomenon.

The most probable outcome of inflation is a rise in general prices in the market, but it can also lead to decreased investments and heightened unemployment.