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2 years ago

Discuss the various levels of management in the organization

Business

1 answer:

Snowcat [4.5K]2 years ago

8 0

Answer:

The three levels of management typically found in an organization are low-level management, middle-level management, and top-level management. Low-level managers focus on controlling and directing. They serve as role models for the employees they supervise.

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Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,920 and two j

Tanya [424]

Answer:

job 429 -WIP 3040 debit

job 430 -WIP 4020 debit

job 431 -WIP 4740 debit

factory overhead 900 debit

raw materials 12,700 credit

--to record materials requisions--

job 429 -WIP 2,300 debit

job 430 -WIP 3,400 debit

job 431 -WIP 7,900 debit

factory overhead 1,310 debit

wages payables 14,910 credit

--to record wages tickets--

job 429 -WIP 1,426 debit

job 430 -WIP 2,046 debit

job 431 -WIP 4,898 debit

factory overhead 8,370 credit

--to record applied overhead--

Explanation:

job 429 -WIP: 2300 x 62% = 1,426

job 430 -WIP: 3400 x 62% = 2,046

job 431 -WIP: 7900 x 62% = 4,898

total overhead: 8,370

7 0

3 years ago

Dell is a product of the Digby company. Digby's sales forecast for Dell is 1856 units. Digby wants to have an extra 10% of units

Mumz [18]

Answer:

Dell's Production After Adjustment will be 2,041 units

Explanation:

According to the given data we have that Dell forecast for sales is 1856 and there considering the 10% reserve first we would need to calculate the number of units after the reserve of 10% as follows:

10% reserve units=0.10×1856=185 units

Therefore, total required units=1,856+185

total required units=2,041 units

Dell's Production After Adjustment will be 2,041 units

5 0

3 years ago

Molly sells bracelets to Jean's Place, a boutique store. Molly is scheduled to deliver 100 bracelets on July 1. On June 15, Jean

BabaBlast [244]

Answer: False

Explanation:

The contract is such that Molly agreed to bring bracelets if Jean would pay for said bracelets.

The terms of the contract therefore are that Jean would pay and Molly would deliver. Jean then calls Molly and says that they will be unable to pay which means that they are not going to be able to hold up their responsibilities in the contract.

Molly has the right to then cancel the contract because the other party will not be able to perform their obligations and face no repercussion for it.

6 0

3 years ago

Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and Tanner shared profits and losses

Artyom0805 [142]

Answer:

A) 10,200

Explanation:

Capital balance of both partners :

Cody Jenkins = $39,000

Lacey Tanner = $51,000

Existing capital =. $(39,000 + 51,000) = $90,000

New purchase price - Solano = $24,000

Total capital = $(90,000 + 24000) = $114,000

New capital :

New partner share × total capital

New partner capital = 30 % × 114000 = $34,200

Amount of partner bonus = new purchase price - new partner capital

Amount of partner bonus = 24,000 - 34,200 = - $10,200

Bonus share ratio:

Cody Jenkins and Lacey Tanner share profit and losses equally :

Cody Jenkins and Lacey Tanner :

0.5 × 10,200 = -$5,100

Account. - - - - - - - - - - - - - Debit - - - - - Credit

Cash - - - - - - - - - - - - - - - 24,000

Capital: valerio Solano - - - - - - - - - - - 34,200

Capital: Cody Jenkins - - - 5,100

Capital: Lacey Tanner - - - 5,100

Total - - - - - - - - - - - - - - - 34,200 - - - 34,200

C.)

The purchase price is less than the book value of the 30% percentage of the partnership purchase, valerio Solano purchase price was $24,000 but he was allocated 30% of total capital which is $34,200

4 0

3 years ago

One Device makes universal remote controls and expects to sell 500 units in January, 800 in February, 450 in March, 550 in April

Reil [10]

Answer and Explanation:

The preparation of the production budget and The total required production for the year is as follows

One Device

Production budget

For the first four months

Particulars Jan Feb Mar April Year

Expected

unit sales 500 units 800 units 450 units 550 units

Add:

Ending

inventory 160 units 90 units 110 units 120 units

($800 × 20%) ($450 × 20%) ($550 × 20%) ($600 × 20%)

Total

required units 660 units 890 units 560 units 670 units

Less:

Beginning

inventory 100 units 160 units 90 units 110 units

($500 × 20%) ($800 × 20%) ($450 × 20%) ($550 × 20%)

Required

production

units 560 units 730 units 470 units 560 units 2,320 units

7 0

3 years ago

Discuss the various levels of management in the organization ​

Discuss the various levels of management in the organization