Answer:
a. middle manager.
Explanation:
In this scenario, Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a middle manager.
A middle manager refers to an individual who acts as an intermediary between the executive management and the employee working with the company.
Answer:
$131,000
Explanation:
The computation of the ending balance of stockholder equity is shown below:
= Beginning balance of stockholder equity + net income - dividend paid + additional common stock issued
= $94,000 + $24,000 - $9,000 + $22,000
= $131,000
Therefore, the ending balance of stockholder equity is $131,000
We simply added the net income and the additional common stock issued and deduct the dividend paid to the beginning balance of stockholder equity so that the ending balance could come
Answer:
Cost per equivalent unit: $60
Explanation:
Cost per equivalent unit = (Cost of Beginning Work in Progress Inventory + Total production cost during the period) / Equivalent Units of Production (EUP)
Total Production Cost = $90,000
Equivalent Units of production (EUP) = 1,300 + 400 x 50% = 1,500 units
Cost per equivalent unit: $90,000 / 1,500 units = $60
The bloated Medicare and Medicaid bureaucracy is highly inefficient.
What is bureaucracy?
A complex organization with multilayered systems and procedures is called bureaucracy. Effectively implemented systems and procedures slow down decision-making. They are intended to uphold control and homogeneity inside the company. The use of rules and procedures, whether verbal or written, to manage an organization is known as bureaucracy. In Weber's view, the ideal bureaucracy has a division of labor, a distinct hierarchy, many rules and regulations, and impersonal relations. Bureaucracies that many individuals frequently interact with include state bureaus of motor vehicles, health maintenance organizations (HMOs), financial lending institutions including savings and loans, and insurance firms.
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This is known as "excess reserves."
Many banks will choose to loan the excess reserves out to customers and earn money from the collected interest.