Answer:
Web brosers are not considered a company's resource.
Explanation:
The reasons behind this answer are that in the first place, the company does own the hardware or office equipment the employee uses to send the e-mails. Also, they own the time because they have the arrangement to acquire the employees' time and skills to develop certain tasks. Furthermore, the company's also own the software they paid for. However, web browsers are free to use and they don't require licenses to be used. Therefore, web browsers are not copay's resources.
Answer: $55,000
Explanation:
Material costs are $10 per unit and have been completed in regards to the 2,500 units.
Material cost = 10 * 2,500
= $25,000
Conversion costs are $30 per unit and have only been 40% completed.
= (40% * 2,500) * 30
= 1,000 * 30
= $30,000
Ending Work in Progress Inventory Cost = Material Cost + Conversion Cost
= 25,000 + 30,000
= $55,000
Answer:
The correct answer is C: $5.21
Explanation:
Giving the following information:
Pinnacle Corp. budgeted $264,760 of overhead cost for the current year. Pinnacle's plantwide allocation base, machine hours, was budgeted at 50,840 hours.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 264760/50840= 5.21
Answer:
1. C. To increase total invested capital
2. B. 98%
Explanation:
(1). An organization monitors its inventory to ensure it has enough quantity of raw materials, so the production process is not disrupted.
Also when an organization purchases inventory in bulk, it gets a discount on the purchase price.
An organization also manages its inventory to ensure it has a range of goods available in anticipation of customers' demands.
<u>Inventory does NOT increase the total amount of capital invested.</u>
(2). Probability (risk) of stockout = 2% = 0.02
Service level = 1 - stockout risk
Service level = 1 - 0.02 = 0.98 = 98%
Answer:
B. Vertical hierarchy shows who reports to whom and horizontal specialization shows the different jobs.
Explanation:
According to the definition of a vertical hierarchy, business features a pyramidical top-down structure. On the other hand, horizontal hierarchy means a business feature with a flat structure. In the case of a vertical hierarchy, the owner stands on the highest point, and ultimately everything has to be structured by maintaining the chain of command. However, in the case of horizontal hierarchy, people are distributed according to their specialty. Moreover, there is a different task for each one. This method permits workers to feel sceptered. As a result, they will create vital choices while not having approval from a manager. That is why, just in the case of Horizontal, there is some freedom for the workers. Nevertheless, in the vertical hierarchy, there must be approval from the manager.
