When offering compliments in a goodwill message, you should
A) feel free to exaggerate.
B) keep them broad and general.
C) back them up with specific points.
D) temper them with comments on areas for improvement.
E) offset them with negative comments about other employees.
Answer: C
Explanation: C) Compliments have a lot more impact when they refer to specific accomplishments.
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Use the following to calculate the inventory turnover ratio for the year 2019.
Seaworthy Designs manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Seaworthy uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows:
Direct materials: 4 pounds per unit; $6 per pound Direct labor: 4 hours per unit; $17 per hour During the first quarter, Seaworthy produced 4000 units of this product. Actual direct materials and direct labor costs were $66,000 and $328,000, respectively. For the purpose of preparing the flexible budget, what is the total standard direct labor cost at a production volume of 4000 units? A) $68,000 B) $66,000 C) $272,000 D) $328,000
Which term refers to a person recommended as someone who would benefit from a salesperson's product or service?
A. Referral B. Rival customer C. Orphan D. Prequalified customer E. Telemarketing agent
Lewis, Inc had the following balances and transactions during 2016:
Beginning Merchandise Inventory 150 units at $80 March 10 Sold 50 units June 10 Purchased 300 units at $82 October 30 Sold 130 units What would be reported as Cost of Goods Sold on the income statement for the year ending December 31, 2016 if the perpetual inventory system and the weighted-average inventory costing method are used? (Round the unit costs to two decimal places and total costs to the nearest dollar.) A) $22,005 B) $32,600 C) $14,595 D) $10,595