identify three of the many shared ethical standards among businesses that are incorporated in codes of ethics

With a organizational structure groups that are performing similar tasks may be at risk of duplicating their work and they may a

Nataly [62]

With a organizational structure groups that are performing similar tasks may be at risk of duplicating their work and they may also compete for shared resources is in the divisional structure.

In a divisional structure, many teams work alongside each other toward a single, common goal. Each of these divisions has an executive manager who manages how that branch operates, controls its budgets and allocates its resources.

Large companies do generally employ divisional structure because they have different divisions.

One example of the divisional structure is a car company which separates its company into SUV or sedan vehicle branches. While each branch has its own function, they all work toward the same goal of making a sale. This is known as the multi-divisional structure.

To know more about divisional structure here:

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3 0

2 years ago

Waupaca Company establishes a $410 petty cash fund on September 9. On September 30, the fund shows $134 in cash along with recei

Kaylis [27]

Answer:

The Journal entries are as follows:

(1) On September 9,

Petty cash A/c Dr. $410

To cash $410

( To establish $410 petty cash fund)

(2) On September 30,

Printing expenses A/c Dr. $60

Postage expenses A/c Dr. $70

Miscellaneous expenses A/c Dr. $135

Cash over and short A/c Dr. $11

To cash A/c $276

(To reimburse petty cash fund)

(3) On October 1,

Petty cash A/c Dr. $75

To cash A/c $75

(To increase the petty cash fund to $485)

3 0

4 years ago

In December 2018, the Wilson Company established its pre-determined overhead rate for Grandfather Clocks produced during 2019 by

ruslelena [56]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Estimated Overhead cost= $1,680,000

Estimated Labor cost= $480,000

Actual:

Overhead costs= $1,652,000.

Actual Direct Labor costs= $475,000

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,680,000/480,000

Predetermined manufacturing overhead rate= $3.5 per direct labor dollar

Now, we allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 3.5*475,000= $1,662,500

To calculate any under/over allocation, we will use the following formula:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 1,652,000 - 1,662,500

Under/over applied overhead= $10,500 underallocated

Finally, the adjusting entry:

Cost of goods sold 10,500

underapplied overhead 10,500

6 0

4 years ago

The interest rate does not affect the intertemporal budget constraint. a. True b. False

Kruka [31]

Answer:

False

Explanation:

The correct answer is false because the interest rate does affect the intertemporal budget constraint.

A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.

The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.

6 0

4 years ago

Marge has applied to at a roofing firm for a job as a roofer during school vacation because the pay is very good. Roofing is con

djverab [1.8K]

Answer:

18 years old

Explanation:

The FLSA which is the Fair Labour Standard Act, is a US labour law that regulates minimum pay, overtime pay guideline, record keeping, youth employment and so on intended to protect employees from certain unfair pay and work practices and regulations. According to the fair labour standard act, given that status of the work and how hazardous it is in this scenario, an individual must be atleast 18 years old before he/she can be considered for employment.

6 0

3 years ago

identify three of the many shared ethical standards among businesses that are incorporated in codes of ethics​

identify three of the many shared ethical standards among businesses that are incorporated in codes of ethics