Answer:
Cutting = $62,020
Pruning = $16,280
Explanation:
<em>The direct method does not consider the impact of reciprocal servicing arrangement when allocating the overhead of service centers and only allocates overhead to the production cost centers only.</em>
Allocation of Overhead
Janitorial overhead
Cutting = 6/(6+54)× $5,000 = $500
Pruning =54/(6+54) × $5,000= $4,500
Maintenance overhead
Cutting = 9/(9+1)× $7,800 = $7020
Pruning =1/(9+1) × $7,800= $780
Total cost of production department
Cutting = 54,500 + 500 + 7020= 62,020
Pruning department = 11,000 + 4,500 + 780 = 16,280
Cutting = $62,020
Pruning = $16,280
Answer: True
Explanation:
An Oligopolistic market is one where the suppliers are very few in number. Cooperation is indeed difficult in such markets as they are motivated by self-interest to try to make more profits than their competitors.
This usually leads to an undesirable outcome. For instance, if two oligopolistic firms agree on a price to sell goods, one of them might decide to sell at a lower price in order to gain more market share. This will cause the other firm to reduce its prices as well which means that both companies would be worse off than when they started.
The correct answer that would best complete the given statement above is: MAKE A LONG TERM COMMITMENT TO THE NEEDS OF STAKEHOLDERS. For <span>financial managers to be socially responsible, it is necessary that they make a long term commitment to the needs of stakeholders. Hope this answer helps. </span>
Paul Rodriguez who is the President of WV Railroad will need to rely primarily on his <u>Conceptual skills </u>to combat the challenges faced by his organization.
<h3>What are Conceptual Skills?</h3>
Conceptual skills refer to the competence and ability to see the overall organization, grasp how the various elements are interrelated, and analyze how the organization interacts with its external environment.
Conceptual skills also include the capacity to recognize and solve challenges. These abilities enable Presidents or managers of an organization to assess events and devise alternate strategies.
For Paul Rodriguez to combat the challenges faced by his organization, He needs to focus primarily on his conceptual skill as it gives him the ability to:
- Make swift judgments.
- Think critically and
- Come with a logical solution to those problems,
Learn more about conceptual skills here:
brainly.com/question/4382381
