The major advantage of departmentalizing the accountant is because its ensure maximum efficiency since employees could coordinate work within the department function.
Simply put, the term "Departmentalization" refers the process of grouping activities or function into section under the same department.
For instance, every company have an accounting department. The process of sub-grouping the accounting department into legal compliance or financial control, Reports and financial statements, Budgeting etc is known as departmentalization.
The process of Departmentalization has numerous advantages but one particular advantage is that employees with similar expertise can coordinate the work between themselves to achieve efficiency.
Learn more about Departmentalization here
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Answer:
D. Holding cost per unit per year is dependent on the selling price per unit.
Explanation:
The formulas are shown below:
Economic order quantity:
= 
The number of orders would be equal to
= Annual demand ÷ economic order quantity
The average inventory would equal to
= Economic order quantity ÷ 2
The total cost of ordering cost and carrying cost equals to
Ordering cost = Number of orders × ordering cost per order
Carrying cost = average inventory × carrying cost per unit
If in the question, the carrying cost is given in the percentage than the per unit cost is come after multiplying it with the selling price per unit
APR on a loan may be adjusted based on a borrower’s
credit history
Answer:
B
Explanation:
It is said that the required ending inventory for the month is $15000 and 20% of the next month's sales.
We are considering the month of march here, therefore the ending merchandise inventory is $15000- and 20% of April's sales.
Given:
April's sales = $91,000
Hence, 20% of April's sales = 0.2*91000 = $18200
Hence, ending merchandise inventory for March = 15000 + 18200 = $33,200
Answer:
13%
Explanation:
the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]
the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%
Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.
