Answer:
See below
Explanation:
The amount of direct labor cost incurred is computed as;
= $30,000/$70,000 × $2,000
= $857
Overhead applied in ending working in the ending inventory of work in process on July 31
= $15,000/$70,000 × $2,000
= $429
According to Nutt and Backoff's organizational contexts in terms of their ability to produce visionary change, rigid organizations are classified as those that have low resources but high acceptance of the need for change.
<h3 /><h3>What is an organizational context?</h3>
- Another communication factor that affects the content and delivery of both internal and external messages is the organizational context. Organizations, or any group of individuals working together, can be small, medium, or large in size and have a flat or hierarchical structure, as well as an informal or formal appearance.
- Regulations issued by the government and modifications to the legislation are two examples of the external context. market economic changes, rivalry inside the firm, etc.
- The organizational setting has a crucial role in determining attitudes and behaviors (Rousseau, 1978). The findings of a study on employees' attitudes toward their jobs that was done with employees of branch banks and main office banks are presented in this paper.
- Many techniques, like PEST (political, economic, social, and technological) analysis and SWOT (strengths, weaknesses, opportunities, and threats) analysis, may be used to determine the context of an organization. In order to understand the context of the organization, brainstorming with management is necessary.
According to Nutt and Backoff's organizational contexts in terms of their ability to produce visionary change, rigid organizations are classified as those that have low resources but high acceptance of the need for change.
To learn more about organization, refer to:
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Answer: $1,274
Explanation:
Credit terms of 2/12, n/30 mean that the buyer is allowed a 2% discount if they pay in 12 days otherwise they would have to pay the full figure in 30 days.
Borth returned $300 so the net merchandise value they bought it;
= 1,600 - 300
= $1,300
Check was sent within discount period;
= 1,300 * ( 1 - 2%)
= $1,274
Answer:
The answer is "Option C"
Explanation:
Please find the complete question in the attachment file.
In this question except for choice c, all are incorrect which can be defined as follows:
- It is inappropriate because when Dfemme and Dmale are paired together, it will core product multicollinearity.
- It's inaccurate because the sum of Dmarried and Dsingle equals 1 but produces ideal multicollinearity.
- It's also inaccurate since Dmarried and Dsingle, as well as Dfemme and Dmale, will all add up to one.
Answer:
a. Carol's transfer price is $6 per meal if she only recovers the variable costs.
b. $13,5 per meal
c. $27000 or a loss of $1.5 per meal.
d. The cost of the cafeteria should be charged to the user departments so that the actual profit or loss from each department can be valued
Explanation:
a. Variable costs = $108000 for 18000 meals.
Variable cost per meal = 108000 / 18000 = $6
Carol's transfer price is $6 per meal if she only recovers the variable costs.
b. If carol were to recover the full cost then the transfer price = Total cost / no. of meals
= (108000 + 135000) / 18000 = $13,5 per meal
c. If the transfer price is the market price i.e $12, the loss from the cafeteria = Revenue from meals - Total cost
= (18000 x 12) - (108000 + 135000)
= $27000 or a loss of $1.5 per meal.
d. The cost of the cafeteria should be charged to the user departments so that the actual profit or loss from each department can be valued.
This information is useful to the hospital management in knowing the actual costs of the meals consumed in the various departments and how the cost cutting measures can be implemented based on the cost of the different departments.
