Answer: Whether a particular cost is classified as direct or indirect does not depend on the cost object - <u>FALSE. BECAUSE "A particular cost may be direct or indirect, depending on the cost object".</u>
A direct cost is one that can be easily traced to the particular cost object -<u>TRUE.</u>
The factory manager’s salary would be classified as an indirect cost of producing one unit of product.<u> - TRUE.</u>
A particular cost may be direct or indirect, depending on the cost object. <u>- TRUE.</u>
Answer:
By what percentage did the price of a dozen eggs rise?
- [($2.75 - $0.96) / $0.96] x 100 = 186.46%
By what percentage did the wage rise?
- [($21.26 - $14.28) / $14.28] x 100 = 48.88%
In order to earn enough to buy a dozen eggs, a worker had to work <u>4.04</u> minutes in December 2000 and <u>7.76</u> minutes in December 2015.
- ($0.96 / $14.28) x 60 = 4.04 minutes
- ($2.75 / $21.26) x 60 = 7.76 minutes
Workers' purchasing power in terms of eggs between 2000 and 2015.
- purchasing power in terms of eggs in 2000 = 14.875 dozens of eggs per hour
- purchasing power in terms of eggs in 2015 = 7.76 dozens of eggs per hour
Explanation:
There are many different theories of leadership and no ideal leadership style, because the ideal leadership will depend on several factors that can vary from one organization to another, such as the organizational structure, the type of product and service that organization offers, its objectives and goals, its strategy, its mission, vision and values and etc.
The most effective leadership style is one that is aligned with organizational purposes and values, as it is not enough to be an autocratic leader, for example in a decentralized organizational structure, where each employee has participation in the company's decision-making process.
Therefore, the ideal leader is the one who meets the requirements of your organization and your work team, is the one with communication and conceptual skills who understand the organization as an integrated system where there are people with different profiles and demands. The ideal leader will be one who acts ethically and following the set of company policies and procedures.
Answer:
113,000.
Explanation:
Let go through all the items to see whether we need to include them in the initial outlay or not.
(1) $100,000 worth of equipment => Yes
(2) Shipping will cost $5,000 and installation will cost $8,000 => Yes (Add to purchase price of equipment)
(3) Paid a management consultant $4,000 to analyze this project => No =>This is sunk cost (already incurred regardless of accept or reject the prject)
(4) Increase sales by $20,000 per year => No => under operating cashflow.
(5) $3,500 to train the employees to use the new equipment => No => under operating cashflow.
So, total initial outlay = 100,000 + 5,000 + 8,000 = 113,000.
Answer:the total organization
Explanation: