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3 years ago

Why should management increase with the size of the company?

Business

1 answer:

Evgen [1.6K]3 years ago

6 0

Answer:B. So that the growth can be carefully monitored and managed

Explanation: Management is an act of planing,coordinating and the executing responsibilities in order to improve efficiency.

When a company grows the number of managers are expected to increase so that the activities of the organization is effectively coordinated,growth can be properly and efficiently monitored and managed.

If growth is not efficiently monitored and managed it will hinder the overall performance of the organization.

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Assume that Guardian Company uses a periodic inventory system and has these account balances: Purchases $500,000; Purchase Retur

romanna [79]

Answer:

Net purchases:

= Purchases - Purchase Returns and Allowances - Purchase Discount

= 500,000 - 14,000 - 9,000

= $477,000

Cost of goods sold:

= Net purchase + Freight-in

= 477,000 + 15,000

= $492,000

3 0

3 years ago

Carbamate Manufacturing produces a pesticide chemical and uses process costing. There are three processing departmentslong dash

Kamila [148]

Answer:

Equivalent unit for conversion cost= 31,280 units

Explanation:

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.

Equivalent units are notional whole units which represent incomplete work and are used to apportion cost between work progress and completed work

Equivalent unit = Degree of completion × number of units

Equivalent unit for conversion cost

Item units Equivalent unit

transferred 29,000 100%× 29,000 = 29,000

Closing inventory 3,000 76%× 3,000 = 2280

Total equivalent unit 31,280

Equivalent unit for conversion cost= 31,280 units

3 0

3 years ago

he following information relates to a company’s aggregate production planning activities: Quarter Demand Forecast 1 37,500 2 45,

Evgen [1.6K]

Answer:

20,000 units

Explanation:

Number of units in inventory at the end of quarter 3

= 3(42,500)

=127,500

Hence:

127,500- 37,500-45,000-25,000

= 20,000 units

Therefore if production strategy is used the number of units in inventory at the end of quarter 3 is 20,000 units

5 0

3 years ago

Define the word hierarchical structure.

Mariulka [41]

A hierarchical structure refers to a company's chain of command, typically from senior management and executives to general employees. In other words, this structure applies to organizations with a sole leader and a flow of subordinates underneath them. For example, let's say a company has 10 employees.

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3 years ago

The purpose of a memo is to _____.

Alenkasestr [34]

The purpose of a memo is to communicate directions, advice, or information.

3 0

3 years ago