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densk [106]
4 years ago
7

The top management at Vermilion Inc. realized that there were some technical defects in the company's new manufacturing plant th

at was under construction. Technical specialists were sent to the site to correct the issues. This scenario illustrates the management function of ________.A) planning
B) organizing
C) controlling
D) Motivating
Business
1 answer:
harkovskaia [24]4 years ago
4 0

Answer: (C) Controlling

Explanation:

 The controlling is one of the type of management function that helps in managing the various types of organizational function and also it helps in achieve the desirable goals.

It basically take various types of corrective actions for effectively managing the resources and also helps in improving the performance of the company.

According to the given question, the controlling is one of the management function that efficiently illustrating the given scenario.

In the vermilion inc, the top management of the company realized that at the time of construction of the plant shows some technical defects and the technical specialists of an organization try to resolve the given issue.

Therefore, The given process is known as the controlling management function.

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A job cost sheet of Sandoval Company is given below.
OLEGan [10]

Answer:

A. Direct materials-Materials requisition slips

Direct labor-Time tickets

Manufacturing overhead- Predetermined overhead rate

B. 125%

C. Total cost $7,760

Unit cost $3.104

Explanation:

1. Based on the information given the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job are :

Direct materials-Materials requisition slips

Direct labor-Time tickets

Manufacturing overhead- Predetermined overhead rate

2. Calculation to determine the predetermined manufacturing overhead rate

Predetermined overhead rate=$550/$440*100

Predetermined overhead rate=125%

Therefore the predetermined manufacturing overhead rate is 125%

3. Calculation to determine the total cost and the unit cost of the completed job

TOTAL COST

Direct Material $4, 700

($700 + $900 + $1,600 + $1,500)

Add Direct Labor $1,360

($440 + $380 + $540)

Add Manufacturing Overhead $1,700

($550 + $475 + $675)

Total Cost $7,760

UNIT COST

Unit cost= $7,760/ 2,500

Unit cost=$3.104

Therefore the total cost is $7,760 and the unit cost of the completed job is $3.104

8 0
3 years ago
Sal contracts with Tasty Pizza Company to deliver its products. Later,both parties change their minds and decide to cancel their
goldenfox [79]

Answer:

.b.can agree to a new contract that includes the new price

Explanation:

When Sal and Tasty agreed to cancel their first contract, that was the end of that particular contract. No further negotiations can take place because the contract doe not exist. By calling Tasty the following day, Sal was initiating a new contract.

A  new contract does not need to make any references to the canceled contract. Sal and Tasty are free to negotiate for new terms and negotiations since this is a new contract. The details of the canceled contract are no longer binding to them.

5 0
3 years ago
Inflation is a general rise in the level of prices experienced by people in a nation.
vladimir2022 [97]

Answer:

True.

Explanation:

Inflation is an economic term that can be defined as the increase in the prices of a product on the market in a given period.

It can occur due to several factors, when there is an imbalance between supply and demand, then it is correct to say that when the demand for a product is greater than the supply, there will be an increase in prices and, consequently, inflation.

It can also occur when there are situations of monopoly, which is the pricing of a product controlled by a company.

Another factor that causes inflation is the increase in a company's production costs, which can be caused by factors such as scarcity, or economic crisis.

Uncontrolled inflation has a negative impact on the consumer's life, which starts to lose its purchasing capacity and has its quality of life reduced.

4 0
3 years ago
Cameron loves computer accessories, and he has a $40 gift card to Best Buy. He can spend his gift card to get either a new keybo
ICE Princess25 [194]

Answer:

$55

Explanation:

Opportunity cost refers to the value of benefit forgone, in order to get the benefit of current option chosen.

Here, Cameron has a gift card worth $40 which he had to use,

Now he had two options:

Either to buy keyboard of $50

or

To buy speakers costing $55

He chooses to buy keyboard and the value of benefit forgone is value of speakers = $55.

Thus, opportunity cost = $55

3 0
3 years ago
When a member searches for new solutions that will achieve both the individual goals of group members and the group goals, what
guajiro [1.7K]
Accommodating conflict style is being used.
7 0
3 years ago
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