<span>Oriental trading company will be more effective if it has a mechanistic structure.
According to Burns and Stalker who came up with this term, mechanistic structure involves </span><span>organizational complexity, formalization, and centralization. It is the type of structure which best fits the description given above.</span><span>
</span>
Solution :
a). In the context, Jim received $ 275 for the car repairing services form some member from the club. In this exchange of the services, an income is been received in amount of a value of the services received ( the gross income includes receipt of the services and also the money and goods). Therefore, Jim is being taxed on an amount of $275 for the car repair services.
b). The issue in this case is whether a "credit" represents the valuable right. As the right can be redeemed for the that is property worth of $150, then under the constructive receipt, Jim must recognize an income of $150.
c). Jim received an credit of $450 to be applied for the next year. If the credit can be redeemed or used for any future services, the taxpayer then can argue that the realization has not yet occurred. But, it has be included in Jim's gross income for the next year when his credit amount becomes the valuable right.
Answer:
Missing word <em>"(b) Determine the amount of overhead applied for the year?"</em>
<em />
1. Predetermined overhead rate = Budgeted overhead / Budgeted direct labor hours
Predetermined overhead rate = $909,000 / 101,000
Predetermined overhead rate = $9 per DLH
2. Overhead applied = Actual hours * Overhead rate
Overhead applied = 98,000 * $9 per DLH
Overhead applied = $882,000
The answer would be : commercial papers
Usually, companies issued commercial papers to finance account receivable , inventories, or meeting some short-term liabilities. The maturity of commercial papers is usually less than a year and usually issued at a discount to prevail market fluctuation
According to the local environment and the goals of the organization. Formalization is the utilization of characterized structures and frameworks in basic leadership, conveying and controlling. As a hierarchical trademark, specialization is the appointing of people to particular, very much characterized errands. Specialization in a worldwide setting can be grouped into even and vertical specialization. Even specialization allocates occupations so people are given a specific capacity to perform and individuals tend to remain inside the bounds of this zone. Vertical specialization allocates work to gatherings or divisions where people are all things considered in charge of execution. Vertical specialization likewise is portrayed by particular contrasts between levels in the progressive system. Centralization is an administration framework in which imperative choices are made at the best.
