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likoan [24]
3 years ago
14

Fun-Time Novelties, makers of stickers and other party favors, has seen remarkable growth in the last few years. This has requir

ed managers such as Celine, head of shipping for the company, to assign tasks to subordinates. Celine is making use of a process known as _________.
Business
1 answer:
Sergio [31]3 years ago
6 0

Answer:

Delegation.

Explanation:

As Fun-Time Novelties, makers of stickers and other party favors, has seen remarkable growth in the last few years. This has required managers such as Celine, head of shipping for the company, to assign tasks to subordinates. Celine is making use of a process known as delegation. Delegation can be defined as assigning of an authority to another person, mostly it is done by a manager when he or she assigns any work to his or her subordinates in order to accomplish certain tasks and activities. The person who delegates the work is still held responsible and accountable for the work which he or she has delegated to someone else.

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produces decorative mailboxes. The​ company's average cost per unit is $ 23.43 when it produces 1 comma 400 mailboxes. Requireme
lianna [129]

Answer:

1) The total cost of production (TC) is $32,802.

2) The variable cost per unit is $9/unit.

3) Cost equation: TC(Q)=20,200+9Q

4) TC=$35,145

5) TC=$33,702

6) Difference=$1,443

The appropiate approach is using the cost function, because its differentiates the cost that are fixed and not dependant of the volume of production, and the variable cost, that are proportional to the quantity produced.

Explanation:

1) The total cost of production can be calculated as the product of the cost per unit ($23.43/unit) and the total ammount of units (1,400 units):

TC=c*Q=23.43*1,400=32,802

The total cost of production (TC) is $32,802.

2) The fixed cost (FC) are $20,202, so the variable cost are:

VC=TC-FC=32,802-20,202=12,600

This is the variable cost for 1,400 mailboxes, so the unit variable cost is:

vc=VC/Q=12,600/1,400=9

The variable cost per unit is $9/unit.

3) The equation of cost can be written as:

TC(Q)=20,200+9Q

4) If it uses the average cost tot predict the cost of 1,500 mailboxes, he will get:

TC=23.43*1,500=35,145

5) If he uses the cost function, he will get

TC=20,202+9*1500=20,202+13,500=33,702

6) The dollar difference between the two estimates is:

TC_4-TC_5=35,145-33,702=1,443

The appropiate approach is using the cost function, because its differentiates the cost that are fixed and not dependant of the volume of production, and the variable cost, that are proportional to the quantity produced.

The average cost per unit is not constant for every quantity and the error will increase if the quantity is much different from 1,300 units.

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3 years ago
An administrator receives an email message from what appears to be the company bank. the email asks for account information. the
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The security threat detected is fraud
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3 years ago
In December 2016, Learer Company’s manager estimated next year’s total direct labor cost assuming 40 persons working an average
nignag [31]

Answer:

1a. Predetermined Overhead Rate= 60%

Explanation:

Predetermined Overhead Rate=

Estinated overhead cost/Direct labor cost= $1,440,000/(40*$20*3000)

=60%

1b. Total Overhead Cost applied to each job

Job No Direct Labor Applied FOH60%

201 606,000 363,600

202 565,000 339,000

203 300,000 180,000

204 718,000 430,800

205 316,000 189,600

206 19,000 11,400

Total $2,524,000 $1,513,600

Overhead cost applied=

Direct Labor (1.b) * Predetermine overhead rate (1.a)

example:

(Job No. 201) 606,000 * 0.6 = 363,600

1c. Over applied or under applied at year end 2017

Actual Over head cost $1,542,000

Less:Overhead Appied - $1,513,600

Under applied over head $28,400

2. Adjusting Entry

Date Account Title Debit Credit

Dec Cost of goods $28,400 -

-31 sold

Factory - $28,400

Overhead

5 0
3 years ago
Read 2 more answers
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