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arlik [135]
3 years ago
13

The Morgan Company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and pr

oduction departments. This is an example of departmentalization by:________
A) ​location.
B) ​specialty.
C) ​product.
D) ​taste.
E) ​function.
Business
1 answer:
xxMikexx [17]3 years ago
8 0

Answer: Function

Explanation:

The Morgan Company have put in place departmentalization by function, where seperate departments/units are formed in the organisation based on the function they perform. The departmentalization by function ensures each department of an organization is focused on a certain role, with each department of the organization Performing their role in such a way that the organizations objectives are met.

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TufStuff, Inc., sells a wide range of drums, bins, boxes, and other containers that are used in the chemical industry. One of th
Rama09 [41]

The selling price of one unit of products less the variable manufacturing expenses is the contribution margin per unit. The amount that each sale contributes to covering fixed costs is known as the contribution margin per unit. It will show the profit per unit sold once the fixed costs have been paid.

<h3>How to find the Contribution margin per unit and Contribution margin per welding hour?</h3>

Computation of Contribution margin per unit (Assuming Direct Labor exists Fixed cost)

Manufactured

Purchased WVD drums  WVD drums    Bike frames

Selling price                            $233.00 $233.00 $344.00

Variable costs:  

Direct materials                      $201.00 $52.10 $112.00

Variable manufacturing overhead $0.00 $1.35 $1.90

Variable selling and administrative  $0.75  $0.75  $3.40

Total variable cost                          201.75  54.2 $117.30

Contribution margin per unit $31.25 $178.80 $226.70

Computation of Contribution margin per welding hour

Manufactured

                                                   WVD drums        Bike frames

Contribution margin per unit          $178.80              $226.70

Welding hours per unit                         0.4              0.5

Contribution margin per welding hour   $447.00      $453.40

Ranking                                                     2                 1

To learn more about contribution margin per unit refer to:

brainly.com/question/15684424

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4 0
2 years ago
Which is the best description of authorized shares?
Flura [38]

The best description of authorized shares is he total amount of shares that can be publicly traded.

<h3>What are shares?</h3>

Shares are refers as  common equity interest in a firm. Dividends from any earnings the business may make are payable to shareholders.

Authorised shares is refers as number of shares legally permitted  to offer to investors. It also helps to decide how many of  shares are available to issue to investors.

Learn more about shares, here:

brainly.com/question/13931207

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7 0
2 years ago
If a firm has high current and quick ratios, this always is a good indication that a firm is managing its liquidity position wel
ohaa [14]

Answer:

True

Explanation:

Current and Quick ratio shows the liquidity position of the company. It shows that how much assets are available to company to pay off its liabilities if it becomes due in short period of time. High current and quick ratio make the company strong and it will have enough asset to deal with its obligation than with low current and quick ratio.

4 0
3 years ago
Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme
e-lub [12.9K]

Answer:

Inacio Corporation

The cost per equivalent unit for materials for the month in the first processing department is closest to:

= $14.50

Explanation:

a) Data and Calculations:

                                                        Units    Materials    Conversion

Beginning work in process           2,300     $14,400      $6,500

Percentage of completion                              75%           20%

Units started during the month   11,000

Total units available                     13,300

Units transferred to the next       9,900      100%         100%

Ending work in process               3,400        90%          30%

Costs added during the month               $173,500    $243,500

Equivalent units of production:

                                                          Units    Materials        Conversion

Units transferred to the next       9,900      9,900 (100%)   9,900 (100%)

Ending work in process               3,400       3,060 (90%)     1,020 (30%)

Equivalent units of production                   12,960             10,920

Costs of production:                   Materials  Conversion

Beginning work in process           $14,400      $6,500

Costs added during the month    173,500    243,500

Total costs of production           $187,900  $250,000

Cost per equivalent unit:             Materials  Conversion

Total costs of production            $187,900  $250,000

Equivalent units of production       12,960        10,920

Cost per equivalent unit               $14.50       $22.89

7 0
3 years ago
In deciding how many hours to work, Beulah will make a choice that maximizes her _______; that is, she will choose according to
fenix001 [56]

Answer:

In deciding how many hours to work, Beulah will make a choice that maximizes her utility; that is, she will choose according to her preferences for leisure time and income.

Explanation:

People obtain utility from products they purchase and they also obtain utility from leisure time (leisure time is the time not spent at work). Generally, for people with low wages react to a higher wage by supplying a greater quantity of labor but for higher wages people who can earn so much that respond to a still-higher wage by working fewer hours.

8 0
3 years ago
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