According to the information, Johan was beginning to recognize the informal organizational culture at Crontel Manufacturing.
<h3 /><h3>What is informal organizational culture?</h3>
It corresponds to the way in which organizational methods, regulations and practices are established in organizational routines, that is, in an informal culture, the roles and responsibilities of each position may be opposed to their formal distribution.
Therefore, the informal organization can be developed according to interpersonal relationships and activity patterns, which may or may not be reflected in the company's organizational chart.
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Answer:
Relevant Range
Explanation:
The production range between 120000 and 150000 is called the "Relevant range".
This production range is called Relevant range because the expected fixed cost will not vary if the production is in the range 120000 to 150000.
Also, the for increase in production more than 150000 will lead to the extra cost or if the production is less than 120000 the company may need to reduce its fixed cost.
Answer:
d.$1,685
Explanation:
Though many jobs were completed, but only Job 356 and 357 were sold.
Cost of Goods Sold = cost of job 356 +cost of job 357
= $450 + $1,235
= $1,685
Answer:
a. $12.08 per share
Explanation:
For computing the next year stock we have to do the following calculations
Current Earning per share = Net Income ÷ Number of Common Shares Outstanding
= $9,750,000 ÷ 5,500,000 shares
= $1.77
Current Price Earning ratio = Current stock price ÷ Current EPS
= $14.74 ÷ $1.77
= 8.33
Now Next year earning per share = $9,750,000 × 1.25 ÷ 8,400,000 shares = $1.45
So, the next year stock price = $1.45 x 8.33
= $12.08 per share
Answer: Account payable
Explanation:
The account payable is one of the type of department which track all the expenditures, purchasing order statement and the payment.
The main responsibility of the account payable is that it maintain all the historical records of the payment and also balance all the debt system. It is the process of recording all the important information or the data.
According to the given question, the debt basically created by the business during the process of borrows from the supplier or the vendors is known as the account payable.
