Which technique is the most effective when teaching skills such as networking or decision making?

Answers

Answer 1

The most effective technique when teaching skills such as networking or decision making is active learning.

Active learning engages students in hands-on activities that require them to actively participate and apply the skills they are learning. This can include group discussions, case studies, role-playing exercises, and problem-solving tasks. By actively engaging with the material, students are able to better understand and retain the concepts, and they also develop critical thinking and problem-solving skills.

Additionally, active learning promotes collaboration and communication, which are essential skills for networking and decision making. By incorporating active learning techniques into the teaching process, educators can create a dynamic and interactive learning environment that enhances the development of these important skills.

An instructional strategy known as active learning encourages students to actively participate in the learning process as opposed to passively listening. Constructivist learning theory, which holds that people learn by connecting new concepts and experiences to what they already know, serves as the foundation for active learning.

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Related Questions

From The Secret to Being Creative: The author quotes financial blogger Josh Brown as saying blogging is fundamentally what?
1: about creative and original thought
2: about unique content
3: about intellectual property
4: a derivative form

Answers

According to The Secret to Being Creative, the author quotes financial blogger Josh Brown as saying that blogging is fundamentally about creative and original thought. This means that bloggers should strive to create unique and innovative content that reflects their individual perspective and ideas.

Josh Brown's quote suggests that blogging is not simply a derivative form of writing or a means to generate intellectual property, but rather a platform for individuals to express their creativity and share their insights with the world. By emphasizing the importance of original thought in blogging, Brown underscores the value of authenticity and individuality in online communication. Aspiring bloggers should take this advice to heart and focus on developing their own voice and perspective, rather than simply regurgitating information or repeating what others have already said. Ultimately, the most successful bloggers are those who are able to connect with their audience through their unique and creative content, and who are able to inspire and engage others with their ideas and insights.

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cellphones are one form of communication technology, give any other form​

Answers

Answer:

television,newspaper,radio,laptops,computer etc..

Answer:

TRANSPORT AND LANDLINES.

The Sarbanes-Oxley Act is mainly intended to _____.

encourage whistleblowers to come forward
alert the SEC of possible corporate irregularities
make it more difficult to commit some kinds of stock fraud
self-enforce the accountability cycle

ANSWER:
-make it more difficult to commit some kinds of stock fraud

Answers

The Sarbanes-Oxley Act is mainly intended to make it more difficult to commit some kinds of stock fraud.

What was this act?

The act was passed in 2002 in response to a series of high-profile corporate accounting scandals, such as Enron and WorldCom, and was aimed at improving corporate governance and accountability.

It established new or expanded requirements for public companies and accounting firms, such as requiring the certification of financial statements by CEOs and CFOs, increasing the independence of auditors, and increasing the penalties for corporate fraud.

While the act also includes provisions to encourage whistleblowers to come forward and alert the SEC of possible corporate irregularities, its primary focus is on preventing fraud and improving transparency in financial reporting.

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determine if the statements and expressions regarding costs are true or false.

Answers

All costs are either fixed or variable costs. Therefore, the statement is true.

Average cost is not always higher than the fixed cost. Therefore, the statement is false.

The average fixed cost curve is downward sloping. Therefore, the statement is true.

In the short run, the average total cost (ATC) is always greater than or equal to the average variable cost. Therefore, it's true.

The ATC curve doesn't cross the MC curve at the lowest point on the MC curve. Therefore, it's false.

The ATC is the addition of the fixed cost and the variable cost which is then divided by the total quantity. Therefore, it's true.

The information above is given based on the complete question.

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Which of these are required to calculate the current value of a bond? Check all that apply.
-applicable market rate
-coupon rate
-par value
-Price at the time of bond issue
-Time remaining to maturity

Answers

To calculate the current value of a bond, you need to know the applicable market rate, the coupon rate, the par value, the price at the time of bond issue and the time remaining to maturity.

The market rate is the current rate of return that investors receive when they purchase bonds in the form of interest payments. The set interest rate that the bond's issuer must pay to the bondholder is known as the coupon rate.

The price at the time of bond issuance is the amount investors paid for the bond when it was initially issued. The par value is the bond's face value.

Last but not least, the length of time left before the bond matures and is returned to the bondholder. You can determine the current value of a bond by knowing all of these elements.

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Which of the following should employers prevent in order to ensure the safety and health of workers in regards to machine guarding?

A) Providing employees with safe tools and equipment

B) Providing employees with personal protective equipment

C) Allowing workers to use a machine without training

D) Ensuring employees are trained in hazard recognition
———————————————
Which of the following types of machine guard is generally preferred because of its simplicity and durability?

A) Interlocked
B) Fixed
C) Self-adjusting
D) Adjustable

Answers

Answer:

1st C 2nd one B

Explanation:

Answer:

1.) C         2.) B

Explanation:

Drag the tiles to the boxes to form correct pairs.
Match the different. brainstorming techniques to their applications

Drag the tiles to the boxes to form correct pairs.Match the different. brainstorming techniques to their

Answers

Note that the Brainstorming Techniques matched to one another are given as follows:

Clustering - connecting ideas for a topic using different shapes and color-coding to identify how the ideas are relatedThree perspectives - describing the topic, tracing its history, and examining its connections with related topicsFreewriting - writing down first thoughts on a topic in a timed session. without pausing to check for relevance or grammar

What are brainstorming techniques?

The most essential thing to remember with any approach of brainstorming is to prioritize quantity above quality. Accepting all ideas, no matter how ridiculous or unimportant they may appear, aids brainstorming.

The aim is to establish a large enough pool of ideas from which to draw or combine ideas for the best solution or approach.

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¿Que es una fuente luminosa?

Answers

Light sources are laser lamps and leds

When a corporation or government wishes to borrow money from the public on a long-term basis, it usually does so by issuing or selling debt securities that are generically called.

Answers

When a corporation or government wishes to borrow money from the public on a long-term basis, it usually does so by issuing or selling debt securities that are generically called bonds.

In the field of business, a bond can be described as an agreement that shows a loan that is given to a borrower. A corporation or government is the borrower in a bond and the public is the loan provider.

Debt securities are used for making bonds by the corporation or government.

If an interest needs to be made along with the borrowed money, then bond coupons are used.

The formation of binds in businesses helps lenders to get back their money on the set date. It also helps in making the borrowing and lending process easier as all terms and conditions are mentioned when a bond is made.

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2) GreatWest Corp. is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, GreatWest would have 135,000 shares of stock outstanding. Under Plan II, there would be 90,000 shares of stock outstanding and $1.350 million in debt outstanding. The interest rate on the debt is 10.00 percent and there are no taxes.

A. If EBIT is $243,000, what are the EPS estimates for the two plans?

B. If EBIT is $1,134,000, what are the EPS estimates for the two plans?

C. What is the break-even EBIT?

Explain and show working

Answers

The EPS estimates for Plan I and Plan II are $1.80 per share and $1.40 per share, respectively. The break-even EBIT is $405,000.

What are the EPS estimates for Plan I and Plan II, and the break-even EBIT for GreatWest Corp.?

To calculate the EPS (Earnings Per Share) for each plan, we need to determine the earnings available to common shareholders after interest expense (for Plan II).

1. For Plan I:

  Number of shares outstanding = 135,000

  Earnings Before Interest and Taxes (EBIT) = $243,000

  EPS for Plan I = EBIT / Number of shares outstanding

                 = $243,000 / 135,000

                 = $1.80 per share

2. For Plan II:

  Number of shares outstanding = 90,000

  EBIT = $243,000

  Interest expense = Debt * Interest rate

                   = $1,350,000 * 0.10

                   = $135,000

  Earnings available to common shareholders (EAC) = EBIT - Interest expense

                                                 = $243,000 - $135,000

                                                 = $108,000

  EPS for Plan II = EAC / Number of shares outstanding

                 = $108,000 / 90,000

                 = $1.20 per share

B. The EPS estimate for Plan I is $8.40 per share, and for Plan II is $7.60 per share.

Using the same calculations as above but with EBIT = $1,134,000, we find:

EPS for Plan I = $1,134,000 / 135,000 = $8.40 per share

EPS for Plan II = ($1,134,000 - $135,000) / 90,000 = $7.60 per share

C. The break-even EBIT is $405,000.

To find the break-even EBIT, we need to equate the EPS for both plans:

EPS for Plan I = EPS for Plan II

EBIT / 135,000 = (EBIT - Interest expense) / 90,000

Simplifying the equation, we have:

EBIT / 135,000 = (EBIT - $135,000) / 90,000

Solving for EBIT, we find:

EBIT = $405,000

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Select the correct answer. What is the first step in financial planning? A. maintaining a log of all your expenses B. understanding what you want C. preparing a balance sheet D. attaching a goal cost to every goal E. attaching a time frame to every goal

Answers

Answer:B

Explanation:

If you don't know what you want you can't do anything else

Answer:

B

Explanation:

The federal reserve can affect you through

Answers

As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.

Why does the US import oil?

A.because it has exported too much oil
B.because it does not produce any oil
C.because it does not produce enough oil
D.because it has exported too little oil


Answers

Answer:

C. because it does not produce enough oil.

Explanation:

Although, the United States is one of the leading producers of oil, yet still import oil because it does not produce enough oil to meet the demand of its citizens. In other words, the United States consumes more than what she can produce.

Another reason is that most refineries in the United State are created basically for heavy crude whereas most of what she produce are light crude oil. The United States import the oil she is able to process while she export to other countries to complete the setup process.

The remedy to the above situation is when new refineries are built which are somewhat expensive or the existing refineries are upgraded to meet with the demand.

Answer:

D. Because it does not produce enough oil.

edg 2020.

if you are tasked with writing employee schedules and to-do lists for managers, what level of planning are you involved in?

Answers

if you are tasked with writing employee schedules and to-do lists for managers, you are involved in tactical planning.

Information is needed for tactical planning by its managers at the middle level of management. Managers establish monthly goals and devise strategies for achieving them. After planning, the strategy is implemented and monitored to hit the predetermined goals.

In the example, the employee is creating schedules that tactical level management needs in order to comprehend the business environment and make wise decisions.

The 4 types of plans are:

Operational PlanningStrategic PlanningTactical PlanningContingency Planning

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? Question
Select the correct answer.
What is the NHTSA responsible for?
O establishing safety standards for cars
building faster and alternative modes of transportation
O providing security for airline passengers
O evaluating and reducing the risk of industrial accidents

Answers

Answer:

NHTSA is responsible for keeping people safe on America's roadways so the closest answer is Establishing safety standards for cars.

Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. If she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?

Answers

Answer: 40 pounds

Explanation:

Given the following :

Ordering cost = $10 / order

Carrying cost = 4 cents per pound per day

Cost of pepperoni = $3 per pound

Daily demand = 20 pounds

Order quantity = 80 pounds

Average inventory level at the time in which 80 pounds of pepperoni was ordered is given as

Average inventory level is given as :

Order quantity / 2

80 pounds / 2 = 40 pounds

Which of the following choices incur speculative risk?
Ο stocks
Ο fire insurance on a house
Ο options
Ο life insurance
Ο high-interest savings account

Answers

Answer: stock are speculative

Explanation:

The option given that can incur speculative risk is option a. stocks.

What is speculative risk?

The likelihood that an investment won't increase in value is known as speculative risk. Speculative risks are deliberate decisions, not merely the outcome of uncontrollable events.

Stocks are therefore one of the best known investments that have speculative risk because one cannot be sure of their increment in value, or their decrease in same.

Things like options and life insurance do not have speculative risk as they are based on choices and regular payments.

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labels must use words that are easily understood by the ordinary marketing executive. (True or False)

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The given statement "labels must use words that are easily understood by the ordinary marketing executive" is true. The reason for this is that labels are an important aspect of a product's packaging, as they convey vital information about the product to the customer.

These labels should be simple and easy to understand, as the average consumer may not have a background in the industry or specialized knowledge about the product.

A label that uses complex technical language or industry jargon can confuse customers and deter them from purchasing the product. This is especially important in the food industry, where labels must clearly indicate ingredients, nutritional information, and potential allergens.

Moreover, labels must be easily understandable by the ordinary marketing executive who is responsible for promoting and selling the product. The marketing executive needs to have a clear understanding of the product and its features to be able to market it effectively. If the labels are too complex, the marketing executive may struggle to convey the product's key features and benefits to potential customers.

In summary, labels must be simple, clear, and easily understood by the average consumer and marketing executive. This helps ensure that the product is marketed effectively and customers are well-informed about its key features and benefits.

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Tell me about a time you had to make a major change
to your daily routine or re-prioritize something you
were working on.


i don’t know how to answer this

Answers

The major change I made was on change in my diet during quarantine days.

I observed that there was a huge gain of 15kgs in my body after quarantine days. I tried to change my daily routine to come back in shape. I made a strict cut on fries, burgers, pizza, and other unhealthy stuff and adopted boiled vegan diet. I drew some time from my strict office schedule to work on exercise during morning hours by skipping my sleep and worked out on gym during evening. In a week I experienced a sharp drop of 4kgs. This was the expected biggest change after quarantine.

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how much service department cost would be allocated to the macro division? group of answer choices A. $405,000 B. $130,000 C. $175,000 D ,$305,000

Answers

Total service department costs allocated to Macro Division = $60,000 + $200,000 + $145,000 = $405,000. The answer is option b. $405,000.

To allocate the service department costs to the operating divisions, we need to use a suitable allocation method.

Here, we are given the activity bases for each service department, which we can use to allocate the costs to the operating divisions based on their usage of the services.

Using the direct method, we allocate each service department's costs directly to the operating divisions based on their usage of the corresponding activity base. The total service department costs to be allocated are $1,100,000 ($200,000 + $500,000 + $400,000).

The allocation of Graphics Production costs is based on the number of copies made by each division. The total number of copies made by all divisions is 100,000 (20,000 + 30,000 + 50,000). Therefore, the allocation of Graphics Production costs to the Macro Division would be:

Allocation of Graphics Production costs to Macro Division = (30,000 ÷ 100,000) × $200,000 = $60,000

The allocation of Accounting costs is based on the number of invoices processed by each division. The total number of invoices processed by all divisions is 2,000 (700 + 800 + 500). Therefore, the allocation of Accounting costs to the Macro Division would be:

Allocation of Accounting costs to Macro Division = (800 ÷ 2,000) × $500,000 = $200,000

The allocation of Personnel Department costs is based on the number of employees in each division. The total number of employees in all divisions is 400 (130 + 145 + 125). Therefore, the allocation of Personnel Department costs to the Macro Division would be:

Allocation of Personnel Department costs to Macro Division = (145 ÷ 400) × $400,000 = $145,000

Therefore, the total service department costs allocated to the Macro Division using the direct method would be:

Total service department costs allocated to Macro Division = $60,000 + $200,000 + $145,000 = $405,000

Therefore, the answer is option b. $405,000.

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Complete question

ABC Corporation has three service departments with the following costs and activity base: Service Department Cost Activity Base for Allocation Graphics Production $200,000 number of copies Accounting 500,000 number of invoices processed Personnel Department 400,000 number of employees ABC has three operating divisions, Micro, Macro and Super. Their revenue, cost and activity information are as follows: Micro Macro Super Direct revenues $700,000 $850,000 $650,000 Direct operating expenses 50,000 70,000 100,000 Number of copies made 20,000 30,000 50,000 Number of invoices processed 700 800 500 Number of employees 130 145 125 How much service department cost would be allocated to the Macro Division? a. $175,000 b. $405,000 c. $305,000 d. $130,000

(d) Explain how the sampling methods four non-probability sampling methods:

Quota Sampling, Judgmental Sampling, Snowball Sampling, and Convenience Sampling

may be used in business administration.

You are expected to make use of short real-life examples to support your answer with appropriate referencing.

Answers

Non-probability sampling techniques are essential for data collection when population-based selection is not possible. Four of these techniques, include Quota Sampling, Judgmental Sampling, Snowball Sampling, and Convenience Sampling

Sampling is a critical tool that is widely used in business administration. Non-probability sampling techniques, on the other hand, are essential for data collection when population-based selection is not possible. Four of these techniques, including Quota Sampling, Judgmental Sampling, Snowball Sampling, and Convenience Sampling, are discussed below.

Quota Sampling: Quota sampling is a non-probability sampling technique that is widely used in market research. This method requires the population to be divided into segments or strata based on different demographic criteria, such as age, sex, and race. In this technique, the researcher defines the sample size for each stratum. For instance, if we want to survey customers for a product, we can divide them into segments like age, gender, and income and take an equal number of samples from each group. It helps to ensure that the sample is representative of the population.

Judgmental Sampling: Judgmental sampling is a non-probability sampling technique that is used when the researcher has a wealth of knowledge about the study population. The researcher uses his or her judgment to identify specific individuals or groups that are likely to have the necessary information. For example, if we want to study the work habits of employees in a company, we can use the supervisor's judgment to select employees who are most likely to provide accurate and relevant information.

Snowball Sampling: Snowball sampling is a non-probability sampling technique used in situations where the population is difficult to reach or identify. It is usually used for research on hard-to-reach populations such as drug users, prostitutes, and undocumented immigrants. In snowball sampling, the researcher starts with one participant and then asks that person to identify other participants who can also participate in the study. It helps to expand the sample size and can often yield a more representative sample.

Convenience Sampling: Convenience sampling is a non-probability sampling technique that is often used in research when the researcher selects participants based on convenience or proximity. It is used when the population is readily available and easy to access. For example, if we want to study the shopping habits of a particular group, we can go to a shopping mall and survey the first 100 people who pass by. It is a quick and easy way to gather data that can provide insights into the research question.

Non-profitability in Sampling Methods: Most of the non-probability sampling methods are less reliable than probability sampling methods. Non-probability sampling methods have a high risk of bias. For example, in quota sampling, the researcher can over-represent a particular group if he or she has some bias. Similarly, in judgmental sampling, the researcher can choose the sample that confirms his or her hypothesis. Therefore, researchers should use non-probability sampling methods with caution and understand their limitations while conducting the research.

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are independently owned and operated, not dominant in their field of operation, and meet certain standards of size in regard to number of employees or average annual sales.

Answers

This is a sole proprietorship

January 1, 2021, Smith Co. purchased common stock of North Company for $500,000. North Company has common stock outstanding of $10 million. Smith owns 5% of the outstanding stock of North. On December 31, 2021, the investment in North Company has a fair value of $505,000. On January 1, 2022, Smith sells the investment in North Company for $505,000. What journal entry is required to record the sale

Answers

Answer:

Fair Value adjustment $5,000 Dr.

Unrealized holding gain-net income $5,000 Cr.

Explanation:

Common stock purchase price = $500,000

North company outstanding stock = $10,000,000

5% stock of outstanding stock purchased :

(5/100) * $10,000,000

0.05 * 10,000,000

= $500,000

Fair value of investment = $505,000

Adjustment in fair value = $505,000 - $500,000 = $5000 ( Debit)

Unrealized holding gain-net income = $505,000 - $500,000 ( Credit)

maintenance that pertains to the general upkeep of the property, recurs on a regular basis, and requires minimal training is referred to as:

Answers

The maintenance that pertains to the general upkeep of the property, recurs on a regular basis, and requires minimal training is referred to as routine maintenance.

In general , Routine maintenance is important to ensure that the property remains in good working order and to prevent larger, more expensive repairs from becoming necessary in the future. It also helps to maintain the value of the property over time.

This includes tasks such as cleaning, painting, mowing the lawn, replacing light bulbs, and other small repairs that help keep the property in good condition  other Examples of routine maintenance may include cleaning, lubrication, filter replacement, and other simple tasks that help ensure the proper functioning of equipment or property.

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When businesses sponsor
community events they are largely
fulfilling their
responsibility to:

Answers

When businesses sponsor community events they are largely fulfilling their responsibility in order to grow their customer base through the promotional benefits of the event.

A community event is an event which is based on the public property, and either has attendees over 50, or blocks or reserves which have access to public passages or the right of way. So, such events have direct and indirect impacts on communities.

These events tend to provide opportunities for skills development, participation, volunteering and social, cultural economic and environmental developments. Thus, this way they also grow their customer base through the promotional benefits.

Hence, such community events also attract the tourists.

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the larger the share of a good in a consumer's budget, holding everything else constant, the

more price elastic is a consumer's demand.
the share of a good in a consumer's budget does not affect price elasticity of demand.
more price inelastic is a consumer's demand.
more unit elastic is a consumer's demand.

Answers

The larger the share of a good in a consumer's budget, holding everything else constant, the more price elastic is a consumer's demand.

The larger the share of the good in the consumer's budget holding everything else constant the more price elastic is its demand. It is because a larger portion of income is allocated to that good, a small change in the price of that consumption basket will lead to greater changes in the quantity demanded of that basket.

Price elasticity quantifies how responsively a good's supply and demand are to changes in price. It is calculated by dividing by the percentage change in price the percentage change in quantity demanded—or delivered.

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An example of government spending when calculating the GDP using the expenditures approach is _____.


A. medical expenses

B. any investment expenditure by a government

C. the purchase of a building

D. none of the above

Answers

Answer:

Maybe D, The answer should be "salaries of public employees"

Answer:

Medical expenses

Explanation:

EDG 2021 Business Entreprenuership

Tom Wilson is the operations manager for BiCorp, a real estate investment firm. Tom must decide if BiCorp is to invest in a strip mall in a northeast metropolitan area. If the shopping center is highly successful, after tax profits will be $100,000 per year. Moderate success would yield an annual profit of $50,000, while the project will lose $10,000 per year if it is unsuccessful. Past experience suggests that there is a 40% chance that the project will be highly successful, a 40% chance of moderate success, and a 20% probability that the project will be unsuccessful.
The project requires an $800,000 investment. If BiCorp has an 8% opportunity cost on invested funds of similar riskiness, should the project be undertaken?

Answers

The project should not be undertaken as it does not meet the criteria for a positive net present value.

To determine whether the project should be undertaken, we need to calculate the expected value of the project's cash flows and compare it to the cost of the investment.

The expected value is calculated by multiplying each possible outcome by its probability and summing them up.

Let's calculate the expected value:

Expected Value = (Probability of Highly Successful Outcome * Profit from Highly Successful Outcome)

+ (Probability of Moderate Success * Profit from Moderate Success)

+ (Probability of Unsuccessful Outcome * Profit from Unsuccessful Outcome)

Expected Value = (0.40 * $100,000) + (0.40 * $50,000) + (0.20 * -$10,000)

Expected Value = $40,000 + $20,000 - $2,000

Expected Value = $58,000

The expected value of the project's cash flows is $58,000 per year.

Now, let's calculate the present value of the investment using the opportunity cost of 8%:

Present Value = Investment / (1 + Opportunity Cost)^Number of Years

Present Value = $800,000 / (1 + 0.08)^1

Present Value = $800,000 / 1.08

Present Value = $740,740.74.

The present value of the investment is $740,740.74.

Comparing the expected value of cash flows ($58,000) to the present value of the investment ($740,740.74), we can see that the expected value is less than the cost of the investment. Therefore, the project should not be undertaken as it does not meet the criteria for a positive net present value.

In summary, based on the expected value analysis and the 8% opportunity cost, BiCorp should not invest in the strip mall in the northeast metropolitan area.

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Dowell company produces a single product. its income statements under absorption costing for its first two years of operation follow.
income statements (absorption costing) year 1 year 2
sales ($53 per unit) $ 1,113,000 $ 3,339,000
cost of goods sold ($38 per unit) 798 2,394,000
gross profit 315 945
selling and administrative expenses 282 366
income $ 33,000 $ 579,000
additional information
1. sales and production data for these first two years follow. units year 1 year 2
units produced 42 42
units sold 21 63
2. variable costs per unit and fixed costs per year are unchanged during these years. the company's $38 per unit product cost using absorption costing consists of the following. direct materials $ 12
direct labor 12
variable overhead 6
fixed overhead ($336,000/42,000 units) 8
total product cost per unit $ 38
3. selling and administrative expenses consist of the following. selling and administrative expenses year 1 year 2
variable selling and administrative ($2 per unit sold) $ 42,000 $ 126,000
fixed selling and administrative 240 240
total $ 282,000 $ 366,000
required:
prepare income statements for each of these two years under variable costing. (loss amounts should be entered with a minus sign.)

Answers

Dowell company produces a single product. Net income for 2016 will be $10,000 and for 2017, it will be $260,000.

An income statement is a summary of a company's expenses and revenues for a given time period. Manufacturing and administrative costs are common expenses.

Dowell Company

Variable Costing Income Statement

For the year ended 2016 and 2017

Particular                       Amounts ($) 2016                 Amount 2017($)

Sales                               9200(20000 x 4)               1,840,000 (40000*46)

Less: Variable costs

Direct material              (20000 x 5) 100,000             (40000 x 5) 200,000

Direct labor                  (20000 x 9) 180,000            (40000 x 9)  360,000

Variable overhead        (20000 x 7) 140,000             (40000 x 7) 280,000

Variable selling and

administrative expense  (20000 x 2.50) 50,000  (40000 x 2.50) 100,000

Contribution margin            $450,000                            $900,000

Less: Fixed costs

Fixed selling and

administration expenses      240,000                                240,000

Fixed overhead                     300,000                               300,000

Net Income                           $(90,000)                              $360,000

Reconciliation of variable costing income/(loss)

Particulars                                Amounts ($) (2016)          Amounts ($) (2017)

Net loss from variable costing        (90,000)                           $360,000

Add: Variable fixed overhead

in ending inventory               ( 10000 x 10) 100,000  (10000 x 10)100,000

Net income from

absorption costing                            $10,000                         $260,000

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The text points out that some people in the working class are employed in ____ occupations - relatively low-paying, non-manual, semiskilled positions primarily held by women, such as day-care workers, checkout clerks, cashiers, and waitpersons.

Answers

According to the text, some people in the working class are employed in service occupations. These are relatively low-paying, non-manual, semiskilled positions that are primarily held by women.

Examples of such occupations include day-care workers, checkout clerks, cashiers, and waitpersons. Service occupations involve providing services to customers or clients, often in industries such as hospitality, retail, and healthcare.

In these occupations, workers may interact directly with customers, handle transactions, or provide care and assistance. They may perform tasks such as taking care of children in daycare centers, scanning and bagging items at the checkout counter, operating cash registers, or serving customers in restaurants.

These service occupations are important for the smooth functioning of various industries and play a significant role in the economy. However, due to factors such as low wages and limited opportunities for advancement, workers in these occupations often face challenges in achieving financial security and career growth.

In summary, the text highlights that some people in the working class are employed in service occupations, which are characterized by relatively low-paying, non-manual, semiskilled positions primarily held by women.

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