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3 years ago

Discuss how managers define organizational purpose. How would the managerial functions help in achieving that purpose?

Business

1 answer:

BigorU [14]3 years ago

7 0

Answer:

Planning. Planning means defining performance goals for the organization and determining what actions and resources are needed to achieve the goals. Through planning, management defines what the future of the organization should be and how to get there. Strategic plans are long-term and affect the entire organization.

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Lillich, Inc., manufactures and sells two products: Product U6 and Product R5. Data concerning the expected production of each p

Gelneren [198K]

Answer:

Lillich, Inc.

The unit product cost of Products U6 under activity-based costing is closest to: $1,460

Explanation:

a) Data about expected production of Products U6 and R5:

Expected Direct Labor-Hours Total Direct

Production Per Unit Labor-Hours

Product U6 640 8.4 5,376

Product R5 1,015 5.4 5,481

Total direct labor-hours 10,857

The direct labor rate is $27.50 per DLH.

Direct Materials Cost per Unit Product U6$249.30 Product R5 $166.70

Activity Cost Pools Activity Estimated Expected Activity

Measures Overhead Product U6 Product R5 Total

Cost

Labor-related DLHs $ 196,138 5,376 5,481 10,857

Production orders Orders 67,340 800 700 1,500

Order size MHs 1,015,108 5,400 5,700 11,100

$1,278,586

Overhead Costs:

Product U6 Product R5 Total

Labor-related overhead costs $97,121 $99,017 $196,138

Production orders 35,915 31,425 67,340

Order size 493,836 521,272 1,015,108

Manufacturing overheads $626,872 $651,714 $1,278,586

The direct labor rate is $27.50 per DLH

Product U6 Product R5 Total

Expected Production 640 1,015

Direct labor hours 5,376 5,481 10,857

Direct Materials Cost per Unit $249.30 $166.70

Direct material costs $159,552 $169,200.50 $328,752.50

Direct labor costs 147,840 150,727.50 298,567.50

Manufacturing overhead 626,872 651,714.00 1,278,586.00

Total production costs $934,264 $971,642.00 $1,905,906.00

Unit cost $1,459.79 $957.28

5 0

3 years ago

Bramble Corp. has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear

Dima020 [189]

Answer:

The break even in dollars is $23000000

Explanation:

The break even point in dollars is the amount of revenue which produces no profit or no loss and where total revenue equals total cost. The break even in dollars is calculated by dividing the fixed cost by the weighted average contribution margin ratio.

Break even in dollars = Fixed costs / Weighted average contribution margin ratio

Weighted average contribution margin ratio is the contribution margin ratio of each products multiplied by the products weight in the sales mix.

Weighted average contribution margin ratio = Weight in sales mix of Product A * contribution margin ratio of product A + Weight in sales mix of Product B * Contribution margin ratio of Product B

Weighted average contribution margin ratio = 0.65 * 0.3 + 0.35 * 0.5 = 0.37

Break even in dollars = 8510000 / 0.37

Break even in dollars = $23000000

3 0

4 years ago

__________ would specify that only selected members of the payroll and human resources department would have the right to change

lara [203]

The correct answer will be an <em>information policy. </em>

Further Explanation:

An information policy is used in many payroll and human resources departments. This gives only certain people in the company rights to change employee data, such as the pay they recieve and social security number. These departments are in charge of the employees sensitive data.

This type of policy is a public law, certain rules, and regulations that help to regulate the use, access, and communication of other employee information in the company. Most of the information policy is for public view depending on the state and company.

Learn more about human resource policies at brainly.com/question/1815336

#LearnwithBrainly

6 0

3 years ago

The long-run aggregate supply curve will not shift if there is a change in A. amount of capital. B. the price level. C. technol

ValentinkaMS [17]

Answer:

The long-run aggregate supply curve will not shift if there is a change in

B. the price level.

A change in the price level only results in a movement along the long-run aggregate supply curve, it doesn't cause a shift. Only when the quantity of factors of production changes, will the LRAS curve shift.

All of the following will shift the short-run aggregate supply and the long-run aggregate supply except for

C. a temporary change in input prices.

Basically the same logic as the previous answer, a change in price level doesn' shift the LRAS curve.

3 0

4 years ago

During the economic downturn of 2008-2009, the Federal Reserve a. took the unusual step of using open-market operations to purch

masha68 [24]

Answer: a. took the unusual step of using open-market operations to purchase mortgages and corporate debt.

Explanation:

During the Great Recession of 2008 - 2009, the Fed realized that it could not sit idly by as it had done during the Great Depression of 1929 and so decided to take some drastic measures to rescue the financial system.

One such measure was the use of open market operations to buy mortgages and corporate debt. The Mortgage market crashing primarily the cause of the crises so the Fed bough them up trying to prop up the market with the hope that the real estate market would begin to recover.

7 0

3 years ago