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2 years ago

Is a key management function because the success of the other functions depends on it.

1 answer:

7 0

Planning corresponds to a key management function, because from its effective implementation, other organizational functions can be successful.

<h3 /><h3>What is organizational planning?</h3>

Corresponds to the process of structuring activities to achieve organizational goals and objectives. It is based on a prediction of how a company will use its resources to be well positioned in the market.

Therefore, the strategy planning is a key management function, through it there is the direction of the necessary actions for a company to provide value to the potential public and to be competitive.

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Tory Enterprises pays $238,400 for equipment that will last five years and have a $43,600 salvage value. By using the equipment

frez [133]

Answer:

Depreciation is defined as fall or decline in the value of an asset due to normal wear and tear or efflux of time.

Depreciation as per straight line method = $\frac{Original\ Cost - Salvage\ Value}{Useful\ Life }$

Depreciation to be written off every year = $\frac{238,400 - 43,600}{5\ years}$

= $38,960

Hence rate of depreciation under straight line method (SLM) = $38960/$238,400= 16.34% per annum

Rate of depreciation as per double declining method = 2 × rate of depreciation as per SLM

= 2 × 16.34%= 32.68%

Under double declining method, depreciation expense each year= double decling rate in percent × book value of the asset at the beginning of each year

Depreciation for first year= 32.68% × 238400= $77,909

Depreciation for year 2 = 32.68% of (238,400- 77,909 )= $52,448

Year 3= 32.68% of (238,400- 77,909-52448)= $35,308

Year 4= 32.68% of (238,400-77,909-52,448-35,308)= $23,770

Year 5= 32.68% of (238,400- 77,909-52,448-35308-23770)= $16,001

3 0

4 years ago

The statement of partners' equity shows each partner's beginning capital balance, additional investments, allocated income or lo

zloy xaker [14]

The statement of partners' equity shows each partner's beginning capital balance, additional investments, allocated income or loss, partners' withdrawals(expenses, withdrawals), and ending capital balance.

<h3>What is capital balance?</h3>

Capital Balance refers to the principal balance of a Loan at any point in time to which the Servicer applies the relevant interest rate at which interest on that Loan accrues.

Simply add up the company's total current assets and subtract the total current liabilities from that total. The result is the amount of working capital available to the company at that time.

The capital balance is the amount borrowed less the future interest rate paid in monthly installments. It is the sum you must pay if you want to settle the contract.

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8 0

2 years ago

Logistics Solutions provides order fulfillment services for dot merchants. The company maintains warehouses that stock items car

denis23 [38]

Answer:

1. 4,200

2. $12,810

3. -$3,090 Unfavorable

4. a. $265 Favorable

b. -$3,355 Unfavorable

Explanation:

The computation of given question is shown below:-

1. Standard labor-hours

Standard labor-hours = Shipped items × Direct labor-hours

= 140,000 × 0.03

= 4,200

2. Standard variable overhead cost allowed

Standard variable overhead cost allowed = Standard variable Overhead rate per hour × Standard labor-hours

= $3.05 × 4,200

= $12,810

3. Variable overhead spending variance

Variable overhead spending variance = Standard variable overhead for actual output - Actual variable Overhead

= $12,810 - $15,900

= -$3,090 Unfavorable

4. a. Variable overhead rate variance

Variable overhead rate variance = (Actual hours × Standard rate per hour) - Actual variable Overhead

= (5,300 × $3.05) - $15,900

= $16,165 - $15,900

= $265 Favorable

b. Variable overhead efficiency variance

Variable overhead efficiency variance = Standard rate per hour × (Standard hours - Actual hours)

= $3.05 × ( 4,200 - 5,300)

= $3.05 × -$1,100

= -$3,355 Unfavorable

4 0

3 years ago

Introduce national employment with its importance and examples

podryga [215]

Answer:

national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.

Explanation:

Types of employment

Full-time and part-time employees.

Casual employees.

Fixed term and contract.

Apprentices and trainees.

Commission and piece rate employees.

4 0

3 years ago

The broadcast that reported a decline in total output for the United States probably got some of its information from the govern

Iteru [2.4K]

Answer:

The correct answer is GDP.

Explanation:

The GDP is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a given period, usually one year or quarterly.

GDP is used as an object of macroeconomic study. Its calculation falls within the national accounts. For its estimation, several complementary approaches are used. After the relevant adjustment of the results obtained, in a partial way, the submerged economy is included in its calculation.

3 0

4 years ago