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1 year ago

Dividing work into small units and assigning it to individuals are tasks related to:___.

1 answer:

3 0

Organizing responsibilities include breaking down work into manageable chunks and distributing it to certain people.

In order for a group to work together effectively, certain tasks, people, and work locations must develop effective authority connections. Work may also be organized into sections and departments. The work managerial function of organizing, which comes after planning, entails task assignment, task grouping into departments, authority assignment with appropriate accountability, and resource allocation across the organization to achieve shared goals. By identifying and listing the tasks necessary to accomplish an enterprise's objectives, organizing entails the creation of a deliberate framework of responsibilities. These functions include the assignment, the grouping of these duties.

Learn more about work into manageable here

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Grove Co. acquired a production machine on January 1, 2019, at a cost of $575,000. The machine is expected to have a four-year u

DIA [1.3K]

Answer:

a. Production Units method

b. Straight Line depreciation

c. Double declining method

Explanation:

Straight Line Depreciation: [575,000 - 118,000] / 4 = 114,250 per year

Declining Balance Method :

Year 2019 : 19,360 / 88,000 * [ 575,000 - 118,000 ] = 100,540

Year 2020 : 28,160 / 88,000 * [ 575,000 - 118,000 ] = 146,240

Year 2021 : 24,640 / 88,000 * [ 575,000 - 118,000 ] = 127,960

Year 2022 : 15,840 / 88,000 * [ 575,000 - 118,000 ] = 82,260

7 0

3 years ago

Nofly corporation sells three different models of a mosquito "zapper." model a12 sells for $50 and has variable costs of $35. mo

Vsevolod [243]

The first step you need to do to solve this problem is to calculate the contribution margin per unit for each model:

Model a12 b22 c124

Sales Price per unit 50 100 400

Less: Variable Cost per unit 35 70 300

Contribution Margin per unit 15 30 100

The next step is to calculate the weighted-average contribution margin per unit for the sales mix using the following formula:

Model a12 CM per Unit × Model a12 Sales Mix Percentage
+ Model b22 CM per Unit × Model b22 Sales Mix Percentage
+ Model c124 CM per Unit × Model c124 Sales Mix Percentage
= Weighted Average Unit Contribution Margin (WACM)

Contribution Margin per unit 15 30 100

X Sales Mix Percentage 60% 15% 25%

WACM 9 4.5 25

Weighted Average Unit Contribution Margin (sum) 38.5

The next step is to find the break-even point using the WACM.

Total Fixed Cost $269,500 ÷ Weighted Average CM per Unit $38.50 Break-even Point in Units of Sales Mix 7,000

The next step is to calculate the number of units of each model at break-even point

Model a12 b22 c124 Sales Mix Ratio 60% 15% 25% × Total Break-even Units 7,000 7,000 7,000 Product Units at Break-even Point 4,200 1,050 1,750

7 0

3 years ago

The total direct labor hours required in preparing a direct labor budget are calculated using the: a. sales budget. b. sales for

RSB [31]

Answer:is correct

Option d

Production budget

Explanation:

The total direct labour hours budget are prepared using the production budget . It shows the expected amount o time in hours that are required to achieved the production budget

The direct labour hours budget =

production budget(units)× standard direct labour hours per unit

The standard direct labour hours is the expected amount amount of time a unit of the product is expected to be produced

The production budget in turn is prepared using sales budget and finished goods inventory budget .

5 0

3 years ago

Describe the main differences for revenue spending between ""for profit"" companies and ""not for profit"" companies. Describe h

Ket [755]

Answer with Explanation:

The analysis includes the assessment of Non profit organization's efficiency both in fundraising and spending, economy of operations and the effectiveness of the operations. This can be explained with an example. For example if the non profit organization has an objective to increase the book reading habit because it believes that the people who read more are not violent personalities and in this way they can reduce the crime rate. So it has established number of libraries in different communities. Now we will look at at what cost it has acquired these libraries (Economy), how much people have visited these libraries (Efficiency) and whether the crime rate in the community has sufficiently fallen or not (Effectiveness). So this helps in understanding whether the objective was met or not.

However when we analyze the financial statement of profit making organizations then we use many profit and efficiency ratios to assess the performance of the organization. These ratios can also be helpful if the NGO is in business as well. But most of the NGOs rely on grants and these grants are subjective to their previous performance.

The NGOs are also required to publish reports according to the grant provider's enforced accounting principles, rules and guidelines. Just take the example of US-AID program that requires the Non profit organization to publish financial reports in specific format and enforces different Generally Acceptable Principles to be used in preparing these financial reports. So yes it is much more different in analyzing the financial statements of Non profit organization and profit making organization.

8 0

4 years ago

HELP PLEEEEEEEEASE!!!!!!!!!!!!!!!!!!!!!!!!!!!

disa [49]

This is referred to as dual enrollment.

3 0

4 years ago

Read 2 more answers