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Chapter 12, Problem 11CT
Summary Introduction

To determine:

Why most people never address large audiences and live in fear of public speaking. If that's the case, then why should you hone your presentation skills?

Introduction:

Public speaking is seen as a major scare in the economy. Many individuals have stage fear. They are backward when it comes to addressing. They feel nervous and highly terrified when it comes to speaking in front of a crowd. However public speaking is an important essential in the modern era, individuals with the ability of addressing a gathering are provided more attention and positions in comparison to individuals with stage fear.

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Explanation of Solution

Given information:

Question on stage fear and communication.

In work place there are instances where the employees when doing a presentation or submitting their findings seem to struggle and get hypothetically nervous. This is because of the lack of confidence that they have within themselves, the individual's findings and report might be excellent but if he/she is vulnerable in presenting then the outcome will be extremely poor.

The modern corporate world encourages and provides opportunities for individuals who are very responsive, have the ability to talk without fear and able to address large gatherings. These are the individuals who are seen as leaders in the economy. They are the individuals who will be highlighted in the workplace with mutual benefits.

Presentation skills are essential, there is a thorough need for individuals to sharpen their presentation skills in terms of how they address the audience, how they portray themselves, how they include the rest of the members in terms of addressing such issues.

Presentation skills are seen as an Important organizational set of skills that managers and employees are both working on improving. In order to improve these skills organizations are providing training and workshops in the current cooperate organizations. Therefore even though individuals fear stage and addressing audience, there is a deliberate need for change in this commotion which organizations are addressing.

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Kenzi Kayaking, a manufacturer of kayaks, began operations this year. During this first year, the company produced 1,000 kayaks and sold 750. at a price of $1,000 each. At this first year-end, the company reported the following income statement information using absorption costing. Sales (750 $1,000) $750,000 Cost of goods sold (750 $450) 337,500 Gross margin 412,500 Selling and administrative expenses 240,000 Net income $172,500 Additional Information: a. Production cost per kayak totals $450, which consists of $350 in variable production cost and $100 in fixed production cost the latter amount is based on $100,000 of fixed production costs allocated to the 1,000 kayaks produced. b. The $240,000 in selling and administrative expense consists of $95,000 that is variable and $145,000 that is fixed. Required: Prepare an income statement for the current year under variable costing.
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Chapter 12 Solutions

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