Mary Parker Follett felt that managers should act as _____

The following information pertains to the three divisions of Merrymount Company: Division X Division Y Division Z Sales ? ? 1,25

Digiron [165]

Answer:

The average operating assets for Division Y = $125,000

Explanation:

Divisions Y

Sales ?

Net Operating Income 25,000

Average operating assets ?

Return on Investment 20%

Margin 0.05

Turnover ?

Target ROI 12%

Since we need average operating assets for division Y, we include those.

We know,

Return on Investment = Net Operating Income/ Average operating assets.

Return on investment is the ratio that is used to measure the company's profitability by using the efficient use of operating assets.

Therefore,

20% = $25,000/Average operating assets

Average operating assets x 20% = $25,000

Average operating assets = $25,000/20%

Average operating assets = $25,000/0.20

Average operating assets = $125,000

7 0

3 years ago

John works for a factory and receives a weekly paycheck. He typically places 3% of each paycheck into a bank savings account. Th

tekilochka [14]

It’s not is injected back into for the first

And “does not affect” is not the right answer either for the second slot

7 0

3 years ago

Unlike the overview module in Hootsuite Analytics, which offers one set of aggregated analytics data, ___________________ allows

svetlana [45]

Answer: The correct answer is "A. the Reports feature".

Explanation: Unlike the overview module in Hootsuite Analytics, which offers one set of aggregated analytics data, <u>the reports feature</u> allows you to run an unlimited number of customizable and shareable real-time analytics reports, dialed precisely to the diverse reporting needs of your organization.

7 0

4 years ago

The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the

dangina [55]

Answer:

Please refer explanation

Explanation:

1. Total estimated direct labour cost : No. of units produced x number of labour hours required x labour rate per hour

1st Quarter = 12000 units x 0.2 x 12 = $28,800

2nd Quarter = 10000 units x 0.2 x 12 = $24,000

3rd Quarter = 13000 units x 0.2 x 12 = $31,200

4th Quarter = 14000 units x 0.2 x 12 = $33,600

Total Direct Labour Cost for fiscal year = $28800 + $24000 + $31200 + $33600 = $117600

2. Total estimated manufacturing overhead cost : (Number of units x labor hours required x hourly manufacturing overhead rate) + fixed manufacturing overhead

1st Quarter = (12000 units x 0.2 x 1.75) + $86000 = $90,200

2nd Quarter = (10000 units x 0.2 x 1.75) + $86000 = $89,500

3rd Quarter = (13000 units x 0.2 x 1.75) + $86000 = $90,550

4th Quarter = (14000 units x 0.2 x 1.75) + $86000 = $90,900

Total Manufacturing overhead cost for the fiscal year = 90200 + 89500 + 90550 + 90900 = $361150

3. Cash disbursements : Total manufacturing overhead cost - non cash depreciation

1st Quarter = $90,200 - $23000 = $67200

2nd Quarter = $89,500 - $23000 = $66500

3rd Quarter = $90,550 - $23000 = $67550

4th Quarter = $90,900 - $23000 = $67900

Total Cash disbursements for the fiscal year = 67200 + 66500 + 67550 + 67900 = $269150

OR

Total manufacturing overhead costs x (4 x 23000) = $361150 - $92000

3 0

4 years ago

The parts of the process cost summary include:______.

Volgvan

Answer:

b. costs charged to departments.
c. cost assignment and reconciliation.
d. equivalent units of production

Explanation:

In Process costing, the company involved is producing a large amount of goods and services that are exactly the same. In order to assign costs therefore, the company will assign costs to all the products instead of individually.

Costs would be charged to various departments because they produce the goods so the entire department cost has to be assigned and reconciled with with the department that produce the goods. When the company only managed to partially complete the production of a good, they will still have to assign costs and so use equivalent units of production to do so.

6 0

3 years ago

Mary Parker Follett felt that managers should act as ______ rather than dictators.