After completing the organizational assessment, Matthew's next step should be to formulate the functional strategies.
The action plans that a company develops in different areas to achieve its objectives and goals in the short and long term are called functional strategies.
It is the set of strategies of the areas:
- Commercial
- Financial
- Marketing
- Production
- Human Resources
- Distribution
- Technology
As a company is an integrated system that works to achieve a common goal, which in general is to be profitable and competitive in the market, the functional strategies must be aligned with those at the corporate and organizational level.
Therefore, the formulation of functional strategies is essential for the integration and optimization of organizational resources in order to achieve a company's objectives and goals.
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Answer:
$1,440
Explanation:
Judy is not a dependent relative of Kaelyn, therefore the expenditures are qualified up to $6,000 (for two qualifying persons).
Thus the applicable percentage is 24%.
($6,000×24%)
=$1,440 allowable credit
Therefore the amount of Kaelyn's child and dependent care credit if her AGI for the year was $36,600 will be $1,440
Answer:
B) They are employees.
Explanation:
They work for Sally. Sally hired Truly, Glen and Fred and pays them an hourly wage, and provides the tools that they use to perform their work. She also supervises and directs their job. They are not independent contractors due to the direct relation that exists between them and the fact that they obey Sally's orders.
Answer:
Personal-use
Personal
Real
Explanation:
There are three types of properties which are shown below:
1. Personal use: These properties which are used by a person for their personal purpose rather than business purpose like - clothing, jewelry, home, car for their comfort and enjoyment.
2. Personal: These include those properties which are movable or transferable for one place to other like - machinery, furniture, other building, etc as per the needs.
3. Real: These properties include properties that are non-movable i.e land, building, canals, etc. This is also known as immovable properties.
Answer:
a. $412,000
Explanation:
Conversion cost is the combination of direct labor and manufacturing overhead which directly or indirectly are necessary to produce a product other than the direct raw materials.
We know,
<em>Conversion costs = Direct Labor + Manufacturing Overhead</em>
Here,
Manufacturing overhead = Indirect material + Indirect Labor + Indirect overhead (including variable and fixed overhead)
Given,
Direct labor = $195,300
Manufacturing overhead = Factory overhead = $216,700
Selling expenses will not be included because it is not a direct or indirect overhead expense.
Therefore,
<em>Conversion costs = </em>$195,300 + $216,700
<em>Conversion costs = </em>$412,000