In system theory, the concept of opennes is illustrated when<u> McDonalds actively takes in resources from the environment and returns products to it (D).</u>
System theory appracch is the view of an organization as an open social system which has to have interaction with its environment in order to survive. System theory approach realizes that environment provides many essential resources, such as customers, suppliers, employees, shareholders, and also government.
Katz and Kahn suggested the Open-system approach and stated that organizational behaviours could be identified by maping the repeated cycle of input, throughput, output and feedback between an organization and its external environment. The environment provides input either in the form information or resources. The system then process the input and produce output which then release back into the environment. The system will seek feedback from the environment relatede to the output.
In McDonalds case, the implementation of opennes in system theory is illustrated when McDonalds actively takes in resources from the environment and returns products to it.
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The answer is
C. an asset is debited, and a liability is credited.
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Answer:
$60,000= total estimated overhead costs
Explanation:
Giving the following information:
The predetermined overhead rate for manufacturing overhead for 2018 is $4.00 per direct labor hour.
Direct labor hour= $5.00 per hour
<u>Direct labor hours= (100,000*0.75)/5= 15,000 hours</u>
To calculate the estimated overhead costs, we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
4= total estimated overhead costs for the period/15,000
$60,000= total estimated overhead costs for the period
Answer:
$44,800
Explanation:
For computation of capital balance we need to find out first total capital, shares, gain and Orton shares which is shown below:-
Total capital = $60,000 + $40,000 + $20,000
= $120,000
Shares = Total capital × Interest rate
= $120,000 × 0.10
= 12,000
Gain = Investment - Shares
= $20,000 - $12,000
= $8,000
Orton Shares = Gain × 3 ÷ 5
= $8,000 × 3 ÷ 5
= $4,800
Capital = Given capital balance + Orton Shares
= $40,000 + $4.800
= $44,800
So, We have applied the above formula.
