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Blababa [14]
3 years ago
10

Which term refers to organizations that are departmentalized by the nature of the work being performed is called functional prod

uct and service geographic customer?
Business
1 answer:
kompoz [17]3 years ago
7 0

Answer:

Functional Departmentalization

Explanation:

Functional departmentalization can be termed as the type of departmentalization in which departments of an organisations are separated from one another on the basis of work, tasks and function carried out by them.

For example: Production department, Human Resource Management department, Marketing department, finance department, Procurement department, Production department etc. Each and every department is specialized in performing and carrying out the tasks related to its core assigned functions and tasks.

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After evaluating Null Company’s manufacturing process, management decides to establish standards of 2 hours of direct labor per
dolphi86 [110]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

After evaluating Null Company’s manufacturing process, management decides to establish standards of 2 hours of direct labor per unit of product and $15.50 per hour for the labor rate. During October, the company uses 11,500 hours of direct labor at a $180,550 total cost to produce 6,100 units of product. In November, the company uses 22,500 hours of direct labor at a $355,500 total cost to produce 6,500 units of product.

October:

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (12,200 - 11,500)*15.50= 10,850 favorable

Direct labor price variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor price variance= (15.5 - 15.7)*11,500= 2,300 unfavorable

Total variation= 10,850 - 2,300= 8,550 favorable

November:

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (13,000 - 22,500)*15.5= 147,250 unfavorable

Direct labor price variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor price variance= (15.5 - 15.8)*22,500= 6,750

Total variation= 154,000 unfavorable

4 0
3 years ago
Most companies allocate facility-level activity costs directly to products for decision-making purposes.True or false?
Finger [1]

Answer:

False

Explanation:

Facility-level costs are being the type of activity based cost activities and it simply sustains a facility’s general manufacturing process. We can say some samples about this type of costs:

1) The costs about depreciation or rent of a factory building  

2) The costs about salary of a plant manager

3) The costs about insurance, taxes, etc.  

4) The costs about training

As you see all about this cost mentioned only in manufacturing processes not in decision making.

4 0
3 years ago
In the product markets of the circular flow model, households provide __________ to the business sector in exchange for goods an
blsea [12.9K]

In the product markets of the circular flow model, households provide <u>Consumption Spending (or Revenues) </u>to the business sector in exchange for goods and services.

Consumer spending is the total amount of the money spent by people and families in an economy on finished goods and services for their own use and enjoyment. All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending.

To help estimate and plan investment and policy decisions, investors, corporations, and regulators regularly monitor published statistics and reports on consumer spending.

To know more about consumer spending, click here:-

brainly.com/question/14809763

#SPJ4

4 0
1 year ago
On June 30, 2018, Princeton Company paid $310,000 cash for all assets and liabilities of Streeter, which will cease to exist as
Vesnalui [34]
I don’t know what are you asking, is this multiple choice. Please explain more
4 0
3 years ago
Assuming the Coase theorem applies, an efficient allocation of a resource will result ... A. only if the government acts to inte
Mamont248 [21]

Answer:

B. through negotiations between the parties involved.

Explanation:

  • correct answer is through negotiations between the parties involved because According to Coase theory, priority rights are best defined by negotiation between the parties involved and there is no transaction cost in negotiations.                            
  • The Coase theory states that when transaction costs are low, both parties can negotiate and reach an effective outcome in the presence of an outsider.

6 0
2 years ago
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