Question Completion with Options:
i. Line Organisation
ii. Staff Organisation
iii. Functional Organisation
iv. Committee Organisation Code
Answer:
The option that is not a standard organizational structure is:
iv. Committee Organisation Code
Explanation:
The organizational structure adopted by an entity reflects how some of its rules, roles, and responsibilities are directed between organizational levels in order to achieve its goals. The organizational structure also shows the information flows between different levels within the entity. Traditionally, organizations maintained hierarchical, functional, divisional, matrix, and flat organizational structures. Given current digitalization with its internet of things (IoT), more decentralized, network, and team-based organizational structures have emerged.
The formula of the future value of an annuity ordinary isFv=pmt [((1+r)^(n)-1)÷r]Fv future value?PMT yearly payment 1200R interest rate 0.07N time 49 years (70-21)
Fv=1,200×(((1+0.07)^(49)−1)÷(0.07))Fv=454,798.80
Hope it helps!
Answer: $2.1 million
Explanation:
It is mentioned the project is independent of the outcome of general market which means that
=> beta = 0
Using the CAPM formula which is,
r=rt + B* (rm -rf)
=> r = 3% + 0*(12%-3%) = 3%
Expected value of Project in one year = $1 billions * 0.1
Expected value of Project in one year = $100 millions
NPV = Expected value of Project in one year/ (1 + 0.03) - Initial cost
NPV = 100/ (1 + 0.03) - 95
NPV = 97.1 - 95
NPV = $2.1 million
Answer:
This problem requires us to pass journal entry to assign overhead to the Assembly and Finishing Departments.
We know that overhead is allocated on estimation basis through applied overhead account. The basis of assignment is given in the question. The overhead will be assigne/recorded in relevant department work in process cost account. The journal entry is given below.
Debit Assembly WIP Account $ 70,720
(44,200*1.6 = 70.720)
Debit Finishing WIP Account $ 28,000
((62,200-44,200)*1.6 = 28,800)
Credit Factory Overhead applied Account $ 99,520
Answer
The answer of the exercise is attached in a microsof excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.