Answer: Option (C) is correct.
Explanation:
Given that,
Issued stock = $54,000
Borrowed from bank = $32,000
Provided consulting services = $52,000
Paid back bank loan = $22,000
Paid rent expense = $12,500
Purchased equipment = $19,000
Paid dividend = $3700
Salaries paid = $28,000
Ending notes payable balance = Borrowings from bank - Repayments
= $32,000 - $22,000
= $10,000
The Cost of Goods Manufactured was $22,450.
<h3>What is
Cost of Goods Manufactured?</h3>
The cost of goods manufactured refers to the cost of goods completed and are derived by calculating the total value of inventory produced.
Usually, the Cost of goods manufactured are derived by: Beginning WIP inventory + Direct materials used + Direct labor used + Manufacturing oh applied - Ending WIP inventory.
But, the cost of goods manufactured equals the amount transferred to Finished Goods account
The amount transferred to Finished Goods account equals $22,450.
In conclusion, the Cost of Goods Manufactured was $22,450.
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Cashiers at a department store are authorized to make price adjustments for customers of up to $25 without getting approval from their supervisors. This would suggest that the department store is a decentralized organization. In a company with decentralized organization the <span>decisions are not made centrally by the head of the company (in our case manager of the store and supervisors) , but decisions are made by mid-level or lower-level managers (cashiers in our case).</span>
alejo knows that the actions that made him successful in the hotel industry may not work in the manufacturing industry. the two industries have very different environments. contingency theories
Leaders have resorted to the study of organisational behaviour to assist in enhancing the working environment for their workforce in order to make sure that businesses run efficiently. To more accurately predict and control an employee's level of motivation, organisational behaviour studies examine how they behave in the workplace. When using organisational behaviour data, however, there are a number of situational aspects that must be considered. According to the contingency theory, commonly referred to as the situational approach to management theory, situational factors can influence the connections between dependent and independent variables in the workplace, which can then affect employee behaviour, motivation, and effectiveness. The specific contingency theories of the particular organisation must be taken into account if organisational data analysis and employee motivation are to be successful. In accordance with the contingency hypothesis.
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