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Naddik [55]
1 year ago
5

As the new general manager of a regional cable service, Joe is studying the formal configuration of groups and individuals in re

spect to the allocation of tasks, responsibilities, and authority within the cable company. He notices that there are numerous layers of people between the cable installers and technicians and himself as general manager. He thinks this is because of the high degree of specialization in the company. Everyone seems to have very narrowly defined jobs. Joe decides he wants fewer layers of employees and for each manager to have responsibility for more employees. He reduces the number of managers from 10 to 3. As a consequence, each manager will make of his/her own decisions and rely less on Joe. Joe's initial study is of the cable company's:______________.
Business
1 answer:
Brums [2.3K]1 year ago
8 0

Administrative restructuring; done at managerial level for effective decision making and delegation of power down the order.

<u> Explanation: </u>

According to the narration given in the above statement the general manager is of the view that too much layer of manager will hamper the decision making and effective delegation of work.

So, after a detailed study of manager’s role and responsibility at the level he decided to downsize the structure from 10 managers to 3 managers who will report to him for making effective decisions.

He has delegated power to the new managers and by doing so it has reduced the burden of the Joe. By doing this the organisation objectives and goals can be met at the targeted time.

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The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods invent
weqwewe [10]

Answer:  $57,000

Explanation:

Given that,

Beginning finished goods inventory in units = 0

Units produced = 7,000

Units sold = 5,100

Sales = $663,000

Materials cost = $140,000

Variable conversion cost used = $70,000

Fixed manufacturing cost = $490,000

Indirect operating costs (fixed) = $102,000

Total Variable cost of units produced = Materials cost + Variable conversion cost used

                                                               = $140,000 + $70,000

                                                               = $210,000

Variable\ cost\ per\ unit = \frac{Total\ variable\ cost}{units\ produced}

                                               =\frac{210,000}{7,000}

                                               = $30

Units in ending inventory = Units produced - Units sold

                                          = 7,000 - 5,100

                                          = 1,900

Value of Variable costing ending inventory = Units in ending inventory × Variable cost per unit

                                                                        = 1,900 × $30

                                                                        = $57,000

5 0
1 year ago
Hardwoods, a timber supplying company, contracted with a furniture manufacturer, taylor furniture. hardwoods owned a large plot
charle [14.2K]
A. Instead of a tornado’s striking Hardwoods’ land, the state in which Hardwoods operates passes a law making it illegal for any lumber
<span>companies to cut down trees for the purposes of selling their wood. This environmental measure causes Hardwoods to go out of business.</span>
6 0
2 years ago
The balance sheet of Flo's Restaurant showed total assets of $600,000, liabilities of $160,000 and stockholders’ equity of $540,
telo118 [61]

Answer:

C. $250000

Explanation:

Given:

Total assets = $600,000

Liabilities = $160,000

Stockholders’ equity = $540,000.

Fair value of the restaurant assets = $680,000

Alice Company pays = $770,000

Goodwill is when a company looking to acquire another company is willing to pay a price significantly higher than the fair market value of the company’s net assets.

Net Assets = Fair value of assets - Total Liabilities

= $680000 - $160,000

= $520,000

Amount of Goodwill = cash paid - net assets

= $770,000 - $520,000

= $250000

4 0
2 years ago
Marco traveled across three states to shop at Tiffany's to buy his girlfriend, Jana, a present. This is the only Tiffany's store
postnew [5]

Answer:

Exclusive

Hope this helps :)

7 0
2 years ago
Read 2 more answers
During the month of May, direct labor cost totaled $13,230 and direct labor cost was 45% of prime cost. If total manufacturing c
Mama L [17]

Answer:

$38,970= allocated overhead

Explanation:

Giving the following information:

direct labor cost totaled $13,230

direct labor cost was 45% of prime cost.

The total manufacturing costs in May were $81,600.

The prime cost is calculated summing the direct material and direct labor cost.

<u>First, we need to calculate the direct material cost:</u>

Direct material= (13,230*100)/45= 29,400

Prime costs= 29,400 + 13,230= 42,630

Now, we can calculate the allocated overhead:

total manufacturing costs= direct materials + direct labor + allocated manufacturing overhead

81,600= 42,630 + allocated overhead

38,970= allocated overhead

8 0
1 year ago
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