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4 years ago

_____ power derives from a position of authority inside the organization and is sometimes referred to as formal authority.

1 answer:

5 0

The appropriate response is legitimate power. Legitimate power will be the power you get from your formal position or office held in the association's progressive system of an expert. For instance, the leader of a company has certain forces in view of the workplace he holds in the enterprise.

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harry is trying to take one more class this semester. he is weighing the marginal benefit of taking one more class to the margin

Mars2501 [29]

The economic concept that is most related to Harry's style of decision-making is decision at the margin.

<h3>What is "decision at the margin"?</h3>

When we make decisions at the margin, it means that we are considering the marginal aspects of the decision.

In clearer terms, we are considering things like how much the one additional unit of something will cost us, as well as what we stand to benefit from the additional unit like Harry is doing.

Find out more on decision at the margin at brainly.com/question/13764545

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8 0

2 years ago

Morality plays no part of gambling contract legality.<br> a. true<br> b. false

Aleonysh [2.5K]

<span>b. false is my answer</span>

7 0

3 years ago

In its first month of operations, Wildhorse Co. made three purchases of merchandise in the following sequence: (1) 370 units at

Andreas93 [3]

Answer:

The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620

Explanation:

First determine the units sold

Units Sold = Total Purchases - Units in hand

= 1,410 units - 270 units

= 1,140

Note ; Wildhorse Co. uses a periodic inventory system. This means we calculate the cost at the end of the period.

FIFO

Means First in First Out

Cost of the ending inventory = 270 x $9.00 = $2,430

LIFO

Means Last in First Out

Cost of the ending inventory = 270 x $6.00 = $1,620

Conclusion

The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620

5 0

3 years ago

On October 1, Lawrence Company borrowed $60,000 from Fourth National Bank on a 1-year, 7% note. If the company's fiscal year end

Olegator [25]

Answer:

Lawrence should make an entry to increase c. interest payable, $1,050

Explanation:

The interest amount Lawrence Company had to pay for the note:

$60,000 x 7% = $4,200

In Lawrence's fiscal year ends on December 31, following 3 months of borrowing the $60,000. Following the Accrual basis, the company should make an adjustment entry to record interest expense with amount:

$4,200/12 x 3 = $1,050

The entry:

Debit Interest expense $1,050

Credit Interest payable $1,050

7 0

4 years ago

40. The Battaglia Co. produces lounge chairs. At a budgeted amount of 10,000 lounge chairs the manufacturing overhead is $50,000

bija089 [108]

Answer:

C. $4,500 favorable

Explanation:

Spending Variance is the difference between the actual and estimated value of the expense. In this question we need to calculate the variance of total manufacturing overhead.

Variable

Actual Variable cost = $60,500

Manufacturing overhead application rate = Budgeted overhead / Budgeted units = $50,000 / 10,000 units = $5 per unit

Applied Overhead = Actual production x application rate = 11,000 units x $5 = $55,000

Variance = $60,500 - $55,000 = $5,500 unfavorable

Fixed

Actual fixed overhead = $125,000

Budgeted Fixed overhead = $135,000

Variance = $135,000 - $125,000 = $10,000 Favorable

Total Variance = Variance of variable manufacturing overhead cost + Variance of fixed manufacturing overhead cost

Total Variance = $10,000 Favorable - $5,500 unfavorable

Total Variance = $4,500 Favorable

4 0

3 years ago