Answer:
$1,479
Explanation:
For computing the total deposit, first we have to determine the bank charges which is shown below:
= Merchandise sold × bank charges rate
= $1,500 × 1.4%
= 21
Now the total amount deposited would be
= Merchandise sold - bank charges
= $1,500 - $21
= $1,479
Simply we deduct the bank charges from the Merchandise sold so that the correct amount can come.
Answer:
Repetitive layout
Explanation:
In simple words, Product-oriented layouts can be understood as the model that is grouped around items with equivalent high low commodities or families. Consumer demand is strong enough to warrant the high investment in specialized equipment in such a design. The commodity is standardized or entering a life cycle period that justifies investments in advanced equipment.
Answer:
c. The systematic risk of a portfolio can be effectively lowered by adding T-bills to the portfolio.
Explanation:
If we want to less the systematic risk of the portfolio so we have to add the t-bills so that the systematic risk could be minimized
The other statements that are mentioned are incorrect as for risk these statements are wrong
So only c option would be considered as correct
Hence, the correct option is c.
Answer:
Estimated manufacturing overhead rate= $15 per direct labor hour
Explanation:
Giving the following information:
Overhead is allocated to each job based on the number of direct labor hours spent on that job.
The estimated overhead= $61,500.
Estimated direct labor hours= 4,100
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 61,500/4,100= $15 per direct tlabor hour
Answer:
c.She has distributed power in the organization by delegation.
Explanation:
Delegation is the act of transferring responsibilities by a person with authority to another person. It is the action of a person with authority assigning another person their duties temporarily. Delegation in an organization is only one way, from a senior officer to their junior. It can happen at any level in the management hierarchy.
Delegating duties will involve the transfer of limited powers. In the case of Sandy, she has delegated her duties to other staff members. She has given them powers to respond to questions on her behalf. Even though Sandy will not be performing her duties, she is still responsible for what happens while she is away.
The delegating authority must ensure they delegate only to people with the ability to perform the assigned tasks. They must also supervise the work they have handed over.
