An express agency agreement that is often used to give an agent the control to sign legal documents on behalf of the principal is known as a(n) ________
A) assignment
B) accommodation
C) power of attorney
D) letter of credit
C
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Australia Company sells a product for $500 cash to Martin and Lewis Enterprises. This transaction will be recorded in the ________.
A) cash payments journal B) sales journal C) cash receipts journal D) purchase journal
The job cost sheet for Job number 83-421 includes the following information:DIRECT MATERIALS:7/12 Requisition R88-566: 20 units @ $ 3.50 per unit7/13 Requisition R88-576: 18 units @ $ 5.00 per unit7/13 Requisition R88-578: 4 units @ $25.00 per unit7/14 Requisition R88-591: 40 units @ $ 1.25 per unitDIRECT LABOR:7/12 Employee 19: 8 hours @ $ 9.00 per hour7/13 Employee 19: 6 hours @ $ 9.00 per hour7/13 Employee 37: 6 hours @ $ 8.00 per hour7/14 Employee 19: 5 hours @ $ 9.00 per hour7/14 Employee 92: 5 hours @ $11.00 per hourFACTORY OVERHEAD: Assigned at 150% of direct labor cost.What is the total cost of Job number 83-421?
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Which type of organizational structure works well for smaller organizations, where employees are managed by means of clear levels of authority, but with a risk of lack of communication between the different departments because of their tendency to work separately from each other?
a. Divisional b. Functional c. Matrix d. Simple