Homework Answers
A horizontal unit is a department that offers types of assistance to the vertical units inside the organization or to different branches of the organization. The accounting and legal departments are organization branches that serve individual offices or the organization itself. Along these lines, the accounting and legal departments, which are viewed as help offices are horizontal units inside an organization,
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b. Are the accounting and legal departments normally considered vertical or horizontal units within a company?...
c. Would a consumer products division that sells products directly to consumers normally be considered a...
c. Would a consumer products division that sells products directly to consumers normally be considered a horizontal or vertical unit within a company? 3. What manufacturing cost term is used to describe the cost of materials that are an integral part of the manufactured end product? 4. Distinguish between prime costs and conversion costs. 5. What is the difference between a product cost and a period cost? 6. Name the three inventory accounts for a manufacturing business, and describe what...
T/F? 1. Although finance and accounting professionals often work within verticals and other horizontals, they do...
T/F? 1. Although finance and accounting professionals often work within verticals and other horizontals, they do not normally report directly to the heads of those units or departments. 2. While no two company structures are identical, most large companies are organized in terms of verticals and diagonals.
Which of the following terms is commonly used to describe the departments within a company that...
Which of the following terms is commonly used to describe the departments within a company that provide a necessary service to produce a product but are not directly involved in production? a. expense departments b. costing departments c. support departments d. investment center departments
Describe the various types of local (within borders) legal systems. Discuss how these differences might affect a...
Describe the various types of local (within borders) legal systems. Discuss how these differences might affect a company that wishes to conduct international business. Please use examples to supplement your answer. Material life primarily refers to the technologies that are used to produce, distribute, and consume goods and services within a society. True False Under ____________ exporting, a firm sells its products via an intermediary located in the foreign market. Governments often decide to block trade. All of the following are reasons...
multiple business units, organelular equipment from Phoenix Inc., a cellular communication company, has multiple business units,...
multiple business units, organelular equipment from Phoenix Inc., a cellular communication company, has multiple business units, organized as divisions. Each division's management is mpensated based on the division's operating income. Division A currently purchases cellular equipment from outside markets and uses it to produce communication systems. Division B produces similar cellular equipment that it sells to outside customers but not to division A at this time. Division As manager approaches division B's manager with a proposal to buy the equipment...
---------------------------------------------------------------------------------------------------------------------------- a. Sales promotion b. Horizontal marketing system c. Supermarket d. Informative advertising e. Personal...
---------------------------------------------------------------------------------------------------------------------------- a. Sales promotion b. Horizontal marketing system c. Supermarket d. Informative advertising e. Personal selling f. Vertical marketing system g. Wholesaling h. Persuasive advertising i. Selective distribution j. Reach k. Comparative advertising l. Exclusive distribution m. Advertising n. Indirect channel o. Frequency p. Intensive distribution q. Promotional mix r. Convenience store s. Retailing t. Hypermarket u. Publicity v. Channel level w. Franchising ------------------------------------------------------------------------------------------------------------------------------ 1. Contractual agreement between a parent company and an individual or firm that allows operation...
Madison Company has two service departments (personnel and accounting) and two production departments (computer and video)....
Madison Company has two service departments (personnel and accounting) and two production departments (computer and video). The computer department uses 40% of the accounting department services, the video department uses 50% and the personnel department uses 10%. If the accounting department incurs $50,000 of costs, under the step-down method the final allocation would be: Select one: a. Personnel $5,000; Video $25,000; and Computer $20,000 b. None of the alternatives are correct c. Video $27,778; and Computer $22,222 d. Personnel $10,000;...
(22 marks) QUESTION 1 Sheefeni CC normally produces and sells 40 000 units of product A each year. The company'...
(22 marks) QUESTION 1 Sheefeni CC normally produces and sells 40 000 units of product A each year. The company's cost structure at this level of activity is given below: Total Per unit N$ N$ Direct materials Direct labour 320 000 Total production overheads (see note 2) Variable selling expenses Fixed selling expenses (see note 3) 2 3 4 320 000 Total 22 Additional notes: 1. Product A normally sells for N$35 per unit. 2. It has been observed that...
Please help with these accounting questions!! thank you Birch Company normally produces and sells 48,000 units...
Please help with these accounting questions!! thank you
Birch Company normally produces and sells 48,000 units of RG-6
each month. The selling price is $30 per unit, variable costs are
$10 per unit, fixed manufacturing overhead costs total $180,000 per
month, and fixed selling costs total $42,000 per month.
Employment-contract strikes in the companies that purchase the
bulk of the RG-6 units have caused Birch Company’s sales to
temporarily drop to only 9,000 units per month. Birch Company
estimates that...
1. The Hsu Manufacturing Company has two service departments: Maintenance and Accounting. The Maintenance Department's costs...
1. The Hsu Manufacturing Company has two service departments: Maintenance and Accounting. The Maintenance Department's costs of $792,000 are allocated on the basis of machine hours. The Accounting Department's costs of $171,600 are allocated on the basis of the number of employees within a specific department. The direct departmental costs for A and B are $250,000 and $450,000, respectively. Maint Acctg A B Machine hours 590 100 3,600 360 Number of employees 2 2 8 4 What is the Maintenance...
c. Would a consumer products division that sells products directly to consumers normally be considered a horizontal or vertical unit within a company? 3. What manufacturing cost term is used to describe the cost of materials that are an integral part of the manufactured end product? 4. Distinguish between prime costs and conversion costs. 5. What is the difference between a product cost and a period cost? 6. Name the three inventory accounts for a manufacturing business, and describe what...
multiple business units, organelular equipment from Phoenix Inc., a cellular communication company, has multiple business units, organized as divisions. Each division's management is mpensated based on the division's operating income. Division A currently purchases cellular equipment from outside markets and uses it to produce communication systems. Division B produces similar cellular equipment that it sells to outside customers but not to division A at this time. Division As manager approaches division B's manager with a proposal to buy the equipment...
(22 marks) QUESTION 1 Sheefeni CC normally produces and sells 40 000 units of product A each year. The company's cost structure at this level of activity is given below: Total Per unit N$ N$ Direct materials Direct labour 320 000 Total production overheads (see note 2) Variable selling expenses Fixed selling expenses (see note 3) 2 3 4 320 000 Total 22 Additional notes: 1. Product A normally sells for N$35 per unit. 2. It has been observed that...
Please help with these accounting questions!! thank you
Birch Company normally produces and sells 48,000 units of RG-6
each month. The selling price is $30 per unit, variable costs are
$10 per unit, fixed manufacturing overhead costs total $180,000 per
month, and fixed selling costs total $42,000 per month.
Employment-contract strikes in the companies that purchase the
bulk of the RG-6 units have caused Birch Company’s sales to
temporarily drop to only 9,000 units per month. Birch Company
estimates that...
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