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Tanzania [10]
3 years ago
12

A hospital's permanent accounting department and customer service department are examples of

Business
1 answer:
Kruka [31]3 years ago
3 0

The answer is functional.

Functional groups in working context, means a group of people that are categorized by their work function – or more specifically the specialized work field that they are responsible for.

This is apparent in the example, with classifications such as accounting department and customer service department. Other examples would be marketing department and research & development department.

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Novak Company purchased Machine #201 on May 1, 2020. The following information relating to Machine #201 was gathered at the end
blondinia [14]

Answer:

i am stuck as well

Explanation:

5 0
3 years ago
Josh bought a bond with a par value of 1,500 from company ABC. The bond pays twenty annual coupons of 90 and matures at the end
ElenaW [278]

Answer: c

Explanation:

3 0
3 years ago
Marin Printing, Inc., prints and binds encyclopedias. The following information was found in the accounting records: Sales price
amm1812

Answer:

$578,500

Explanation:

Sales price per unit = $ 106

Direct materials per unit = $ 51

Direct labor per unit = $14

Variable overhead per unit = $ 10

Fixed overhead per unit = $ 23

Fixed selling costs = $ 49,600

Variable selling costs = $ 166,300

Beginning inventory = 0

Units produced = 106,700

Units sold = 99,300

Under absorption costing,

Unit product cost:

= Direct materials per unit + Direct labor per unit + Variable overhead per unit + Fixed overhead per unit

= $51 + $14 + $10 + $23

= $98

Gross margin:

= Sales - Cost of goods sold

= (99,300 × $106) - (99,300 × $98)

= $10,525,800 - $9,731,400

= $794,400

Total selling and administrative overheads:

= Fixed cost + variable cost

= $49,600 + $166,300

= $215,900

Marin’s operating income:

= Gross margin - Total selling and administrative overheads

= $794,400 - $215,900

= $578,500

7 0
3 years ago
Dilithium Batteries is a division of Enterprise Corporation. The division manufactures and sells a long-life battery used in a w
katrin2010 [14]

Answer:

<em>Net Profit Under Absorption Costing for 60,000 units = $ 430,000                   for 90,000 units = $ 940,000</em>

<em>Net Profit  Under Variable Costing for 60,000 units = $ 250,000   for 90,000 units = $ 940,000</em>

Explanation:

Enterprise Corporation

Dilithium Batteries

Absorption Costing Income Statement,

                                                                               

                                                           60,000                 90,000

Sales                                               2100,000               3150,000

Manufacturing Costs                     1500,000                1980,000

Gross Profit                                    600,000                1170,000

Variable Selling and

Administrative Expenses              120,000                   180,000

<u>Fixed Selling & Ad. Expenses       50,000                      50,000</u>

<u>Net Profit                                        430,000                   940,000</u>

<u />

Enterprise Corporation

Dilithium Batteries

Variable Costing Income Statement,

                                                                               

                                                           60,000                 90,000

Sales                                               2100,000               3150,000

Variable

Manufacturing Costs                     960,000                1440,000

Variable Selling and

Administrative Expenses              120,000                   180,000

Contribution Margin                    840,000                1530,000

Fixed manufacturing overhead   540,000                  540,000

costs

<u>Fixed Selling & Ad. Expenses       50,000                      50,000</u>

<u>Net Profit                                        250,000                   940,000</u>

<u />

5 0
3 years ago
carmax has developed an organization focused on delivering value to its customers. what were the drawbacks of the way carmax was
Vika [28.1K]

The drawbacks of the method adopted by CarMax were related to target markets and their Core values, market competencies, idea of Test drives before purchase of product, emergence of competitive companies with their Competitive products and development of a sustainable competitive edge.

CarMax is a vehicle retailer organization situated in US. It provides less expensive cars to customers mainly due to the large inventory that it owns. It provides the option of test driving of car before actually selling it. One of the major weaknesses of the CarMax was it outdated inventory management system. Some customers were even not satisfied with their car selling policies. The disruption in emerging technologies and Changing consumer behavior with huge variety of vehicles also posed certain challenges to the delivery services of CarMax.

Learn more about CarMax at:

brainly.com/question/16782872

#SPJ4

5 0
1 year ago
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