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2 years ago

The least likely factor a business will use to determine a benchmark is

Business

1 answer:

zvonat [6]2 years ago

7 0

Answer:

(A) government economic standards.

Explanation:

A business need to use a relative benchmark. government economic standards are important but is not specific to the a particular business

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Organizations that rely on a few major customers may organize their people and resources by client. This is an example of ______

Rom4ik [11]

Any organization that organizes their people and resources by client because it relies on a few major customers shows an example of <u>customer departmentalization</u>.

<h3>What is departmentalization? </h3>

Departmentalization is an effort by an organization to achieve some common purpose, coordinate its effort, ensure division of labor, hierarchy of authority, and centralize/decentralize and formalize its operations.

There are four basic types of departmentalization (function, product, customer, and geography). Customer departmentalization depends on the difference between the customer segments so that specialized services could be offered to each segment.

Thus, such an organization is an example of <u>customer departmentalization</u>.

Learn more about departmentalization at brainly.com/question/25823018

6 0

2 years ago

This year, Gogo Inc. granted a nonqualified stock option to Mrs. Mill to buy 10,000 shares of Gogo stock for $8 per share for fi

Anton [14]

Answer:

Gogo Inc. and Mrs. Mill

The Income that Mrs. Mill must recognize in the year of exercise is:

= $23,100

Explanation:

a) Data and Calculations:

Options given to Mrs. Mill = 10,000 shares of Gogo stock

Exercise price of the options = $8 per share

Period of option exercise = 5 years

Selling price of shares at grant date = $7.87

Selling price of shares at exercise date = $10.31

Compensation expense recorded by Gogo = $26,700

Cost of options to Mrs. Mill = $80,000 (10,000 * $8)

Income that Mrs. Mill must recognize in the year of exercise = $23,100 ($10.31 - $8) * 10,000

8 0

2 years ago

How is a line of credit similar to a credit card

xxMikexx [17]

They both have preset limits

8 0

3 years ago

1. In each of the following situations, identify which of the twelve principles is at work

aleksklad [387]

Answer:

a. The true cost of something in its cost of opportunity

Explanation:

Opportunity cost is the cost which is defined as the cost or expense of one item which is lost in order to get the opportunity to do or to consume something else. In simple words, it is the value or the cost of the next best available alternative.

So, when the person select to bought the textbooks through Chegg instead paying the higher price for the same books through the bookstore. Under this situation, the principle applies is the cost of something in its opportunity cost.

8 0

2 years ago

Pauline's Pecan Pies collected the following production information relating to November's baking operations:

Lilit [14]

Answer:

Pecan Pies

Pauline

a. Summary of the flow of physical units:

Beginning Work in process = 209,000

Started during month = 1,025,000

less ending work in process 159,000

Units completed in month = 1,075,000

b. Computation of output in terms of equivalent units:

Units completed:

Physical Direct Conversion

Unit Material Cost

Determination of equivalent units:

less ending work in process 159,000 103,350 (65%) 127,200 (80%)

Units produced 1,075,000 1,075,000 (100%) 1,075,000 (100%)

Explanation:

Data:

Physical Direct Conversion

Unit Material Cost

Beginning work in process 209,000

Ending work in process 159,000 65% 80%

Units started during the month 1,025,000

Total units in production 1,234,000 103,350 127,200

Determination of equivalent units:

less ending work in process 159,000 103,350 127,200

Units produced 1,075,000 1,075,000 1,075,000

a) The equivalent unit is the product of the class of unit in production multiplied by the percentage of completion. This forms the basis for allocating cost between a product's costs and the ending work in process. Calculating the equivalent units helps to determine accurate costs of units completed.

5 0

3 years ago