Jack signed up to run a marathon even though he had never run such a distance in his life. For of the next 6 months he methodically applied himself to training. He woke up at 5:00 a.m. every morning and ran at least 6 miles. On the weekends, he went on longer runs of anywhere between 10 and 18 miles. He also changed his diet to include healthier options. Race day came and he completed the marathon despite record heat and strong head winds. Jack’s accomplishment best illustrates which organizational behavior concept?
A. motivation
B. communication
C. leadership
D. strategic management
A. motivation
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On April 1, Garcia Publishing Company received $2358 from Otisco, Inc. for 36-month subscriptions to several different magazines. The subscriptions started immediately. What is the amount of revenue that should be recorded by Garcia Publishing Company for the first year of the subscription assuming the company uses a calendar-year reporting period?
A. $786.00. B. $0. C. $65.50. D. $197.00. E. $590.00.
A piece of equipment costs $30,000, and is expected to generate $8,500 of annual cash revenues and $1,500 of annual cash expenses. The disposal value at the end of the estimated 10-year life is $3,000. Ignoring income taxes, the payback period is:
A. 6.98 years. B. 3.53 years. C. 4.29 years. D. 3.86 years. E. Some other period of time not noted.
When writing a proposal
a. do not describe benefits for the receiver b. describe the problem or need from the reader's point of view c. do not mention the time needed to complete the project d. do not explain the cost until the proposal has been accepted
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 40,000Total fixed manufacturing overhead cost$96,000Variable manufacturing overhead per direct labor-hour$3.00Recently, Job P951 was completed with the following characteristics: Number of units in the job 20Total direct labor-hours 100Direct materials$755Direct labor cost$4,000The amount of overhead applied to Job P951 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $840 B. $540 C. $240 D. $300