Sean works as a manager at Furkeys. He threatens Will, one of the employees at Furkeys, with a decrement in salary if Will fails to complete his newly assigned project within a month. In this scenario, Sean is using his coercive power on Will.
Hadley Industries warrants its products for one year. The estimated product warranty expense is 4% of sales. Assume that sales were $210,000 for June. In July, a customer received warranty repairs requiring $205 of parts and $75 of labor.(a)Journalize the adjusting entry required at June 30, the end of the first month of the current year, to record the estimated product warranty expense.(b)Journalize the entry to record the warranty work provided in July.
In the context of the leader-member exchange theory, which of the following is true of in-group members?
A) Their frequent communication with the superior often leads to lower performance ratings. B) They are more likely to be managed by formal rules and policies. C) Their stress comes from being left out of the communication network. D) They are more likely to engage in organizational citizenship behavior.
The Carlsbad Corporation produces and markets two types of electronic calculators: Model 4A and Model 5A. The following data were gathered on activities during the third quarter: Required: Prepare a segmented income statement for last quarter. The statement should provide sufficient detail to allow the company to evaluate the performance of the manager of each product line.