Answer:
Clan culture
Explanation:
The word "clan" refers to a group of people who belong to the same family.
Clan culture in organizational context, refers to treating employees and customers as if they form part of a family.
Such a culture is driven by common agreement and goals and carrying on similar values and beliefs.
In the given case, at the coffee house, the owners aim for group unity and employees customers alike are treated as if they represent one family. This indicates clan culture being followed at State Street Coffee.
Answer:
b.Treasury stock = $180,000
Additional paid in capital = $70,000
Explanation:
Data provided as per the question below:-
Hobbs shares = 10,000 at $25 shares
Common stock = $18
The Journal entry is shown below:-
Cash
(10,000 × $25) $250,000
Treasury stock
(10,000 × $18) $180,000
Additional paid in capital $70,000
(Being issuance of treasury stock is recorded)
b. Treasury stock = $180,000
Additional paid in capital = $70,000
The Current assets are listed on a balance sheet by order of liquidity i.e in the order of the amount of time it would usually take to convert them into cash.
n accounting terms, current assets are those assets that can reasonably be expected to be sold, consumed, or exhausted in the ordinary course of business of the company during the current fiscal year or operating cycle or fiscal year.
Current assets represent the value of all assets that can reasonably be expected to be converted into cash within one year. 1 Working capital is segregated from other resources. This is because companies rely on working capital to finance their ongoing operations and pay their current expenses.
Current assets are assets that can be converted into cash within one year. B. Short Term Investments and Accounts Receivable. Fixed assets are long-term assets with full value that can only be realized after one year, such as B. Fixed Assets and Machinery.
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Answer:
Total overhead on Economy sing ABC-method: <em>$376.18</em>
Explanation:
Frist we calcualte the amount of each cost driver:
Economic Standard Deluxe
12,000 3,200 2,700 Total:
Nº of parts 5 10 15 60,000
Machine H 1 3 6 12,000
Labor H 2 2 2 24,000
Then we solve for rates:
![\left[\begin{array}{ccccc}$Activity&$Driver&$cost&$Total&$Rate\\$handling&$parts&298000&60000&4.97\\$insertion&$parts&3060000&60000&51\\$machinery&$MH&865000&12000&72.08\\$finishing&$DLH&183000&24000&7.625\\$packaging&$orders&183000&1725&106.08\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%24Activity%26%24Driver%26%24cost%26%24Total%26%24Rate%5C%5C%24handling%26%24parts%26298000%2660000%264.97%5C%5C%24insertion%26%24parts%263060000%2660000%2651%5C%5C%24machinery%26%24MH%26865000%2612000%2672.08%5C%5C%24finishing%26%24DLH%26183000%2624000%267.625%5C%5C%24packaging%26%24orders%26183000%261725%26106.08%5C%5C%5Cend%7Barray%7D%5Cright%5D)
<em><u>Now, apply this rates to economy line:</u></em>
![\left[\begin{array}{ccccc}Activity&12000&&&\\handling&5&4.97&24.83&\\insertion&5&51&255&\\machinery&1&72.08&72.08&\\finishing&2&7.625&15.25&\\packaging&1020&106.09&9.02\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7DActivity%2612000%26%26%26%5C%5Chandling%265%264.97%2624.83%26%5C%5Cinsertion%265%2651%26255%26%5C%5Cmachinery%261%2672.08%2672.08%26%5C%5Cfinishing%262%267.625%2615.25%26%5C%5Cpackaging%261020%26106.09%269.02%5C%5C%5Cend%7Barray%7D%5Cright%5D)
<em>We add them together and get the total overhead: </em> <em>376.18</em>