Answer: Unity of command - all workers understand clearly what they need to do because only one "boss" is giving them instructions.
Explanation:
A functional organization is an organization where departments are formed according to areas of specialization and a leader is placed over each department to supervise work carried out by employees. This structure of organization makes control and running very easy because each worker knows who to report to at every given point in time.
Explanation:
This task of understanding the unique characteristics of an organization and selecting the effective models and structures to meet its unique needs, can be addressed through management planning. This is a type of planning that can be understood in the micro context of the organization, this is understood as the implementation of what was defined in strategic planning, through management planning are defined what are the essential resources that will help the company to achieve its goals. objectives and missions.
It integrates what needs to be done, by whom, when and at what cost.
To solve:
Adjusted cash balance = (Cash balance + deposits in transit) - outstanding checks
Cash balance = $7,291
Deposits in transit = $1,350
Outstanding checks = $762
Adjusted cash balance = ($7,291 + $1,350) - $762
Adjusted cash balance = $8,641 - $762
Adjusted cash balance = $7,879
Answer:
Closing inventory = 54,000 units
Explanation:
<em>The difference between profit under variable costing and under absorption costing is simply the value of the change in inventory.</em>
<em>Usually, a decrease in inventory would cause profit under absorption costing to be lower . This is so because cost of goods sold would become higher leading to a lower profit</em>
Difference in profit = POAR × change inventory
POAR- fixed overhead cost per unit- $10,
Difference in profit - $120,000
let the change inventory be y
120,000 = 30 × y
y= 120,000/30
y = 4000 units
Inventory at the end = opening inventory + change inventory
= 50,000 + 4000
= 54,000 units
<em>Note; An increase in inventory will produce a higher profit using absorption costing. Hence, we added the change inventory to the opening inventory, to reflect an increase in inventory</em>
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