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pickupchik [31]
2 years ago
14

We learn in reading 3 that the best way to control silos in an organization is to make sure the span of control is narrower than

the span of influence.a. Trueb. False
Business
1 answer:
Anton [14]2 years ago
4 0

Answer:

THE ANSWER IS TRUE

Explanation

What is Span control?

Span control can be referred to as the number of subordinates under the managers direct control, and as an example,a manager with six direct reports has a span of control of six.

The commonly accepted definition of span of control is as follows: “the number of subordinates directly reporting to a leader/manager.

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Meyer & Smith is a full-service technology company. They provide equipment, installation services as well as training. Custo
weqwewe [10]

Answer:

Credit to Unearned Service Revenue of $24,000

Explanation:

Given that,

Fair values:

Equipment = $90,000

Installation = $60,000

Training = $30,000

Total fair value = $90,000 + $60,000 + $30,000

                         = $180,000

Total cost of purchasing equipment, installation and training = $144,000

The cost to be allocated proportionately is as follows:

The transaction price allocated to the Equipment:

= Fair value of equipment × (Total cost ÷ Total fair value)

= $90,000 × ($144,000 ÷ $180,000)

= $90,000 × 0.8

= $72,000

The transaction price allocated to the Installation:

= Fair value of installation × (Total cost ÷ Total fair value)

= $60,000 × ($144,000 ÷ $180,000)

= $60,000 × 0.8

= $48,000

The transaction price allocated to the Training:

= Fair value of training × (Total cost ÷ Total fair value)

= $30,000 × ($144,000 ÷ $180,000)

= $30,000 × 0.8

= $24,000

Therefore, the journal entry to record the transaction on March 15, 2021 will include a credit to Unearned Service Revenue of $24,000 (for training).

Note: As the product is purchased and installed on the same day of purchase but the training would be provided in the future. Hence, it is treated as the unearned service revenue.

7 0
2 years ago
Yogi expects to produce 1 comma 700 units in January and 2 comma 180 units in February . The company budgets 3 pounds per unit o
algol [13]

Answer and Explanation:

The Preparation of Yogi ​'s direct materials budget for January and February is shown below:-

                                 Direct material budget

                    Two months ended Jan 31 and Feb 28

                                                          January   February

Budgeted units to be produced a     1,700        2,180

Direct material pounds per unit b          3               3

Direct materials needed for

production (c = a × b)                           5,100       6,540

Add: Desired direct material

in ending inventory (pounds) d           3,060      4,300  

                                                     (5,100 × 0.6)

Total direct materials needed             8,160      10,840

(e = c + d)

Less: Direct material beginning in

inventory(pounds) f                               5,200     3,060

Budgeted purchase of direct  

material g = e - f                                     2,960     7,780

Direct material cost per pound h             $15         $15

Budgeted cost of direct material

purchases i = g × h                               $44,400  $116,700

5 0
2 years ago
Bond valuation [LO14-2] Your investment department has researched possible investments in corporate debt securities. Among the a
Sonbull [250]

Answer:

Bond Valuation

Other things being equal, the bond issue that offers the most attractive investment opportunity if it can be purchased at the prices stated is:

= BB Corp. bonds.

Explanation:

a) Data and Calculations:

Maturity period = 20 years

Issue date = January 1, 2021

Maturity date = December 31, 2040

Company      Bond Price       Stated Rate  Annual Interest    FV

1. BB Corp.    $ 107 million           15 %          $15 million     $3,518,371,301.23

2. DD Corp.  $ 100 million           14 %           $14 million    2,827,106,832.58

3. GG Corp.  $ 93 million             13 %          $13 million    2,260,756,079.53

From an online financial calculator, the future values of the bonds are:

N (# of periods)  20

I/Y (Interest per year)  15

PV (Present Value)  107000000

PMT (Periodic Payment)  15000000

Results

FV = $3,518,371,301.23

Sum of all periodic payments $300,000,000.00

Total Interest $3,111,371,301.2

N (# of periods)  20

I/Y (Interest per year)  14

PV (Present Value)  100000000

PMT (Periodic Payment)  14000000

Results

FV = $2,827,106,832.58

Sum of all periodic payments $280,000,000.00

Total Interest $2,447,106,832.58

N (# of periods)  20

I/Y (Interest per year)  13

PV (Present Value)  93000000

PMT (Periodic Payment)  13000000

Results

FV = $2,260,756,079.53

Sum of all periodic payments $260,000,000.00

Total Interest  $1,907,756,079.53

8 0
2 years ago
Highway 151 Inc. can further process 2,500 pounds of Product C to produce Product M. Product C is currently selling for $36 per
Grace [21]

Answer:

$27,500

Explanation:

Revenue from the sale of  Product C = $36 × 2500

                                                             = $90,000

Cost to produce Product C = $14 × 2500

                                             = $35,000

Revenue from the sale of Product M = $47 × 2500

                                                              = $117,500

Differential Total Net Revenue of producing Product M

= $117,500 - $90,000

= $27,500

4 0
2 years ago
Read 2 more answers
Lara, managing director of an information technology firm, has received a big project from one of their highly valuable clients.
Gre4nikov [31]

Answer:c

Explanation:

It a trick question

3 0
2 years ago
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