Expectancy Theory of Motivation Exercise
Arthur – Arthur has been working for the same insurance firm for 20 years He was recently transferred to a position where he supervises a group of young managers-in-training. As a senior employee he is well paid. Money though doesn’t mean much to Arthur. His investments have done well and he has no family to support. Arthur’s principal interest has always been the work itself. If he’s diligent, Arthur is able to do a good job. But the transfer has taken him away from his previous work and he finds supervision uninteresting. In recognition of this, Arthur has been given a raise and promised more of the same work.
|
6) Overall Motivation |
4) Effort to Performance-why |
1) Required Performance |
5) Performance to Reward-why |
2) What are Reward(s) |
3) Valence |
|
Low Due to valence |
High No indication he doesn’t do well – he has the experience |
Describe Supervise managers in training (he will help training) |
High Company gave him the rewards |
Describe Raise More of same work |
Low money not key to him and he doesn’t like supervision |
In: Economics
18. Cost variance could exist for control accounts using the LOE work measurement where the earned value is equal to the budget.
True
False
19. The _____ is needed to confirm whether a project is behind schedule if the earned value is less than the budget
21. Identify and describe the three types of work measurement.
In: Operations Management
1. Computers R US took out a 9 month, 4.25, $17,000 note on August 1, 2019 with interest and principal to be paid on maturity. 2. On October 1, 2019, Computers R US rented some storage space at a rate of $450 per month. On that date, Computers R US recorded Rent Expense for six months rent paid in advance 3. Computers R US purchased $4,780 of office supplies during the year and the asset office supplies account was increased A count of the supplies on hand Dec 31, 2019, indicates a balance of $485. 4. $16,500 of store supplies were purchased during the year and were immediately expensed. A count of the store supplies on hand December 31, 2019, indicates a balance of $1.275. 5. On June 1, 2019 an 18-month insurance policy was purchased for $9,000. 6. On Dec 1, 2019, Computers R US collected $32,000 for consulting services to be performed from Dec. 1, 2019 to Feb. 28, 2020. The company credited the revenue account when paid. 7. On October 1, 2019, Computers R Us issued a 5-month note receivable to Morerams Inc. at an annual interest rate of 5%. Principle and interest will be paid at the end of the 5-months. The note was recorded in Notes Receivable and is the only note outstanding.
, A. Prepare a worksheet (Show formulas and use an "IF" statement)
B. Prepare the adjusting journal entries
C. Prepare a multiple step income statement
D. Prepare a statement of retained earnings
E. Prepare a balance sheet
F. Prepare the closing entries
| Unadjusted | Adjusted | |||||
| Account Title | Trial Balance | Adjustments | Trial Balance | |||
| DR | CR | DR | CR | DR | CR | |
| Cash | 67,000 | - | ||||
| Accounts Receivable | 530,000 | - | ||||
| Allowance for Doubtful Accounts | 8,800 | |||||
| Interest Receivable | - | |||||
| Merchandise Inventory | 242,500 | - | ||||
| Prepaid Insurance | 9,000 | - | ||||
| Prepaid Rent | - | |||||
| Store Supplies | - | - | ||||
| Office Supplies | 4,780 | - | ||||
| Note Receivable | 2,500 | |||||
| Store Equipment | 110,000 | - | ||||
| Accumulated Depreciation - Store Equipment | - | 36,000 | ||||
| Office Equipment | 56,000 | - | ||||
| Accumulated Depreciation - Office Equipment | - | - | ||||
| Accounts Payable | - | 48,000 | ||||
| Salaries Payable | - | - | ||||
| Interest Payable | - | - | ||||
| Utilities Payable | ||||||
| Unearned Consulting Revenue | - | |||||
| Unearned Rent Revenue | 18,000 | |||||
| Note Payable | - | 17,000 | ||||
| Common Stock | - | 300,000 | ||||
| Retained Earnings | - | 263,450 | ||||
| Dividends | 12,000 | - | ||||
| Sales Revenue | - | 970,000 | ||||
| Consulting Revenue | - | 32,000 | ||||
| Rent Revenue | ||||||
| Interest Revenue | ||||||
| Sales Returns and Allowances | 15,800 | - | ||||
| Sales Discounts | 11,000 | - | ||||
| Cost of Goods Sold | 350,000 | - | ||||
| Sales Salaries Expense | 170,000 | |||||
| Office Salaries Expense | 80,000 | - | ||||
| Miscellaneous Administrative Expense | 4,500 | - | ||||
| Miscellaneous Selling Expense | 8,970 | - | ||||
| Depreciation Expense - Store Equipment | - | - | ||||
| Depreciation Expense - Office Equipment | - | - | ||||
| Store Supplies Expense | 16,500 | - | ||||
| Office Supplies Expense | - | - | ||||
| Rent Expense | 2,700 | - | ||||
| Insurance Expense | - | - | ||||
| Interest Expense | - | - | ||||
| Bad Debt Expense | - | - | ||||
| Utilities Expense-Store | ||||||
| Utilities Expense-Office | ||||||
| 1,693,250 | 1,693,250 | |||||
In: Accounting
A11: EDITING PUNCTUATION (PART 2)
With Track Changes turned on, edit the punctuation errors in the following sentences. I have told you how many errors are in each sentence. Then, using the comment feature in Microsoft Word, note the section number from the Chicago Manual of Style that supports each edit and write a short explanation of why the edit is needed. I’ve included an example for you so you can see how I would like your answers formatted. All of the answers come from Chapter 6 of the Chicago Manual of Style. I’ll give you 0.5 points for each correct edit and 0.5 points for your comment that notes the correct section of the manual and provides a short explanation. (Questions adapted from RPW Chapter 16)
EXAMPLE (2 errors) If you want to make them resent you,[SJ1] ignore them when your children scream for attention.[SJ2]
In: Computer Science
Journalize the July transactions. Use journal page 1. Post the July transactions from page J1 to the general ledger. Prepare a trial balance at July 31 using the running balance total for each account in the ledger. Journalize the adjusting entries. Use journal page 2. Post the July adjusting entries from page J2 to the general ledger. Prepare an adjusted trial balance at July 31 using the updated running balance total for each account in the ledger. Prepare the Income Statement for July. Prepare the Statement of Owners Equity for July. Prepare a classified Balance Sheet at July 31, 2019. Journalize the necessary closing entries. Use journal page 3. Post the July closing entries from page J3 to the general ledger. Prepare a post-closing trial balance at July 31. Alexis Mohamed opened Beachy-Kleen Cleaning Service on July 1, 2019. During July, the company completed the following transactions: July 1 Owner Alexis Mohamed invested $35,000 cash and $7,865 of cleaning equipment in the business. 1 Purchased a used truck for $12,500, paying $2,500 cash and the balance on account. 3 Purchased cleaning supplies for $1,973 on account. 5 Paid $1,800 on a one-year insurance policy, effective July 1. 12 Billed customers $3,927 for cleaning services. 15 Received $1,875 from customers for future cleaning services. 18 Paid $3,000 of amount owed on truck. 20 Paid $765 for employee salaries. 21 Collected $2,540 from customers billed on July 12. 25 Billed customers $5,750 for cleaning services. 31 Paid gasoline for the month on the truck, $287. 31 Owner Alexis Mohamed withdrew $1,200 for personal use. Adjustments: July 31 Earned but unbilled fees at July 31 were $1,936. Depreciation on truck for the month was $225. Earned $475 of payment received on July 15. One-twelfth of the insurance expired. An inventory count shows $492 of cleaning supplies on hand at July 31. Accrued but unpaid employee salaries were $469
Ledgers are needed as well as journals 1, 2 and 3.
In: Accounting
Happy Brewing company has a quality improvement strategy. The company has 200 employess, including packers, brewers, technicians, bottlers who work in teams within the brewery. Discuss how Happy Brewing Company design reward package for it's workers to align with this strategy of quality improvement.
In: Economics
Space Utilization - The perception process
Sherman Adder, assistant plant manager for Frame Manufacturing Company, is chairperson of the ad hoc committee for space utilization. The committee is made up of the various department heads in the company. The plant manager of Frame has given Sherman the responsibility for seeing whether the various office, operations, and warehouse facilities of the company are being optimally utilized. The company is beset by raising costs and the need for more space. However, before okaying an expensive addition to the plant, the plant manager wants to be sure that the currently available space is being utilized properly.
Sherman opened up the first committee meeting by reiterating the charge of the committee. The Sherman asked the members if they had any initial observations to make. The first to speak was the office manager, He stated; “Well, I know we are using every possible inch of room that we have available to us. But when I walk out into the plant, I see a lot of open spaces. We have people piled on top of one another, but out in the plant there seems to be plenty of rooms.” The production manager quickly replied: ‘We don not have a lot of space. Your office people have the luxury facilities. My supervisors don’t even have room for a desk and a file cabinet. I have repeatedly told the plant manager we need more space. After all, our operations determine whether this plant succeeds, or fall, not you people in the front office pushing paper around.” Sherman interrupted at this point and said: Obviously, we have different interpretations of the space utilization around here. Before further discussion I think it would be best if we have some objective facts to work with. I am going to ask the industrial engineer to provide us with some objective statistics on plant and office layouts before our next meeting. Today’s meeting is adjourned.”
Answer:
1. Do you think that Sherman’s approach to “getting facts” from statistics on plant and office layout will affect the perceptions of the office and production managers?
2. How does such information affect perception in general?
In: Psychology
Sears Editing Company is a small editorial services company owned and operated by Deloris Sears. On January 31, 20Y1, the end of the current year, Sears Editing Company’s accounting clerk prepared the following unadjusted trial balance:
Sears Editing Company
UNADJUSTED TRIAL BALANCE
January 31, 20Y1
| ACCOUNT TITLE | DEBIT | CREDIT | |
|---|---|---|---|
|
1 |
Cash |
7,565.00 |
|
|
2 |
Accounts Receivable |
38,860.00 |
|
|
3 |
Prepaid Insurance |
7,310.00 |
|
|
4 |
Supplies |
2,435.00 |
|
|
5 |
Land |
117,450.00 |
|
|
6 |
Building |
153,100.00 |
|
|
7 |
Accumulated Depreciation-Building |
87,230.00 |
|
|
8 |
Equipment |
137,150.00 |
|
|
9 |
Accumulated Depreciation-Equipment |
99,160.00 |
|
|
10 |
Accounts Payable |
12,005.00 |
|
|
11 |
Unearned Rent |
6,425.00 |
|
|
12 |
Common Stock |
74,720.00 |
|
|
13 |
Retained Earnings |
156,765.00 |
|
|
14 |
Dividends |
14,500.00 |
|
|
15 |
Fees Earned |
327,050.00 |
|
|
16 |
Salaries and Wages Expense |
196,570.00 |
|
|
17 |
Utilities Expense |
42,485.00 |
|
|
18 |
Advertising Expense |
22,730.00 |
|
|
19 |
Repairs Expense |
17,280.00 |
|
|
20 |
Miscellaneous Expense |
5,920.00 |
|
|
21 |
Totals |
763,355.00 |
763,355.00 |
The data needed to determine year-end adjustments are as follows:
| a. | Unexpired insurance at January 31, $5,985. |
| b. | Supplies on hand at January 31, $470. |
| c. | Depreciation of building for the year, $7,900. |
| d. | Depreciation of equipment for the year, $4,590. |
| e. | Rent unearned at January 31, $1,560. |
| f. | Accrued salaries and wages at January 31, $3,085. |
| g. | Fees earned but unbilled on January 31, $11,010. |
1. Journalize the adjusting entries using the following additional accounts: Salaries and Wages Payable; Rent Revenue; Insurance Expense; Depreciation Expense—Building; Depreciation Expense—Equipment; and Supplies Expense. Refer to the Chart of Accounts for exact wording of account titles.
In: Accounting
In your discussion answer these questions: How do the changes in the body as we age affect nutritional needs – think about physical and physiological changes? How do you address these? What other related changes in dental health, gastrointestinal changes affect nutrition? How do you address these? What malnutrition or vitamin deficiencies can occur during aging? Why? How do you address these? Activity 2: Diet plans Using the meal plans you designed in the Task, come up with a three-day meal plan for one of the three categories: 1. senior with Type II Diabetes 2. senior with heart disease on a low sodium or low cholesterol diet; 3. a healthy senior who has a very active outdoor life. Remember to make the meals inviting, tasty, and nutritious. They need to meet the USDA food recommendations for seniors. Project Assignment: Transcript: "Good morning, I am Mr. Oliver over at the Senior Center. As you might know, we provide meals at lunchtime for the seniors who use our center. This includes healthy senior citizens as well as those who attend our adult daycare for memory-impaired seniors. Even some of our healthy seniors have diets that restrict things like salt. What we need is some help with planning diets that would be healthy and appropriate for all of our seniors. We serve lunch every day and also provide coffee, tea, and snacks throughout the day. I am sure you know all about diets for seniors and restrictions for those with memory impairment who have trouble swallowing. If you could plan two weeks' worth of menus for any of the following: 1 ) healthy seniors without restrictions or 2) low salt diets or 3) a special two-week diet for those memory impaired seniors who have difficulty swallowing, it will really help us provide a wider variety of good-tasting foods for our seniors that are healthy. Many of our seniors live alone and don’t cook for themselves. Of course, some of them get dinners from Meals on Wheels, but others rely on this lunch for their major meal of the day."
In: Nursing
Psychologists are interested in finding out what proportion of men and women have ended a budding relationship because a kiss did not go well. A survey was administered to a random sample of adults and asked each individual to disclose whether they ended a budding relationship because a kiss did not go well. The results of the survey are summarized in the table.
|
Men |
Women |
|
|
No |
45 |
39 |
|
Yes |
15 |
21 |
Please show formula for test statistic used and steps used to retrieve answer for clarity.
In: Statistics and Probability