The statement above is FALSE, Reliable Copy Product is not an example of a mechanistic organization. A mechanistic organization is a type of organization in which the authority is highly centralized, observation of formalized procedures and practices are highly prioritized and specialized functions are assigned.
Answer:
Date Account title and explanation Debit Credit
March 1 Equity investment $32,000
($612,000/17%)*8% - $256,000)
Unrealized holding gain $32,000
(To adjust the value of equity investment)
Note: On 1 march, value of the investment value is increased which is unrealized based on 31 December fair value
Marx would most likely support A, government ownership of most production
Answer:
29,143
Explanation:
Profit target = 25% on sales
Fixed cost = $51,000
Variable cost = $9.50 per unit
Sales price per unit = $15
To achieve profit target, let the number of units sold be y
Total sales = 15y
Total variable cost = 9.5y
Profit = 0.25 × 15y
= 3.75y
Sales - Cost = profit
15y - (51000 + 9.5y) = 3.75y
15y - 9.5y - 3.75y = 51000
1.75y = 51000
y = 51000/1.75
y = 29143
29,143 bears must be sold to meet the profit goal.
Answer: 18.8%
Explanation:
Simple rate of return on investment = Incremental net operating income / investment
Incremental net income = Operating savings - Annual cost
= 145,000 - 420,000/6 years
= $75,000
Net investment = Cost of new machine - salvage value of old
= 420,000 - 21,000
= $399,000
Return on investment = 75,000/399,000
= 18.8%
