Companies engaged in a single line of business most commonly utilize an organizational structure that can be ________.
A) a functional (departmental) organizational structure.
B) either a centralized, principal, or critical-path organizational structure.
C) either independent, consolidated, or hybrid profit centers.
D) hybrid functional organizations with a combination of decentralized and centralized decision making.
E) expected to evolve over time into a matrix or hybrid structure.
A) a functional (departmental) organizational structure.
It is most common for companies engaged in a single line of business to utilize a functional (or departmental) organizational structure that organizes strategy-critical activities into distinct functional, product, geographic, process, or customer groups.
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Tancredi Corporation has two manufacturing departments--Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: MoldingCustomizingTotalEstimated total machine-hours (MHs) 5,000 5,000 10,000Estimated total fixed manufacturing overhead cost$22,000$11,500$33,500Estimated variable manufacturing overhead cost per MH$1.80$3.00 During the most recent month, the company started and completed two jobs--Job E and Job J. There were no beginning inventories. Data concerning those two jobs follow: Job EJob JDirect materials$12,800$7,000Direct labor cost$17,600$7,700Machining machine-hours 3,400 1,600Customizing machine-hours 2,000 3,000 Assume that the company uses a plantwide predetermined manufacturing
overhead rate based on machine-hours. If both jobs are sold during the month, the company's cost of goods sold for the month would be closest to: A. $61,450 B. $110,808 C. $41,150 D. $102,600
Distribution industries account for approximately what percentage of all small businesses?
A. 20 B. 25 C. 33 D. 55 E. 70
What are the three reasons for understanding how the process of innovation works?
What will be an ideal response?
This year Alex's friend Kimberly was disabled. Alex paid $30,000 to Kimberly's doctor for medical expenses. In addition, Alex also paid $25,000 to Kimberly directly so that her son could afford tuition at State University this year. Has Alex made taxable gifts, and if so, in what amounts?
What will be an ideal response?