Tyler purchased and placed in service a rental house in May 2011 for $135,000, of which $35,000 was attributed to the land. Tyler sold the rental house in August 2018. How much will he deduct for depreciation in 2018

Answer:

B. $214,000

Explanation:

The insurance premium paid for a 3 year period should not have been expensed out rightly but recognized as expense through periodic amortization spread over the entire period.

As such, the amount that should have been expensed in 2011 for insurance premium is

= 1/3 × $30,000

= $10,000

Recognizing an expense of $10,000 rather than $30,000 would have resulted in an increase in the tax expense by

= 70% × ($30,000 - $10,000)

= $14,000

As such, the retained earnings would have been

= $200,000 + $14,000

= $214,000

The overstatement of an expense would have resulted in an understatement of net income and thus and understatement of the retained earnings.

Answer:

The correct answer is letter "A": full screen.

Explanation:

The full screen is a scoring model carried out to determine the feasibility of a product. In this stage, the technical and commercial aspects of that product are evaluated to find out if it is possible to be materialized or if the development of that good should stop.

Answer:

A)= 20+24Q-4Q^{2} (This is the equation for the net benefits)

B) 40; 40

C)MNB(Q)= 24-8Q

D) 16; -16

E) Q=3

F)0

Explanation:

a) To write out the equation for the net benefits.

First, net benefits represents the difference obtained when the total benefits exceed the total costs derived form Q units of the control variable

Based on the definition, the equation is as follows

N(Q)= B(Q) - C(Q)

representing

N(Q)= The Net benefits that are derived from Q level of control variable

B(Q)= The total benefits derived from Q units of control variable

C(Q)= The total cost form Q units of control variable

As we have been given the following:B(Q)= 100 + 36Q - [tex]4Q^{2}[/tex] and C(Q) = 80 +12Q

This means:

N(Q)= 100+36Q-4Q^{2}- (80+12Q)

= 100+36Q-4Q^{2}-80-12Q

=100-80+36q-12Q-4Q^{2}

=20+24Q-4Q^{2}

= 20+24Q-4Q^{2} (This is the equation for the net benefits)

b) Determine he net benefits when Q = 1 and Q=5

Step 1) when Q=1 we use the formula 20+24Q-4Q^{2}

= 20+24Q-4Q^{2}

= 20(24x1)-(4x (1^{2))

=20+24-4

=40

Step 2) when Q=5 we use the formula 20+24Q-4Q^{2}

= 20+24Q-4Q^{2}

= 20(24x5)-(4x (5^{2))

=20+120-4x25

=140-100

=40

c)To write out the equation for the marginal net benefits

Marginal net benefits represent the change experienced in net benefits with change in one unit of the control variable

The formula therefore is as follows:

MNB(Q)=MB (Q)-MC(Q)

Representing

MNB (Q)= The marginal net benefits at Q level of control variable

MB(Q)= marginal benefits

MC(Q)=Marginal Costs

We are already given: MB(Q) = 36 – 8Q and MC(Q) = 12.)

This means

MNB(Q)=MB (Q)-MC(Q)

= 36-8Q-12

36-12-8Q

=24-8Q

MNB(Q)= 24-8Q

d) Find the marginal net benefits

Step 1) when Q=1 we use the formula for marginal net benefit MNB(Q)= 24-8Q

=MNB(Q)= 24-8(1)

= 16

Step 2) when Q=5 we use the formula for marginal net benefit MNB(Q)= 24-8Q

=MNB(Q)= 24-8(5)

=24-40

=-16

e) Calculate the maximum net benefits which represent the maximum level where the marginal costs= marginal benefits (it is a control variable level).

MB(Q)=MC(C)

MB(Q)= Marginal benefits

MC(Q)= Marginal Costs

We already know that MB(Q) =36-8Q and MC(Q)=12

Therefore, maximum benefit

= MB(Q)= MC(Q)

=36-8Q=12

8Q=36-12

8Q= 24

Q= 3.

This means that when Q is 3, then the net benefits will be at its maximum level

f) Compute marginal net benefits which is the difference between the marginal costs and benefits

MNB(Q)=MB(Q)-MC(Q)

MNB(Q)= Marginal net benefits

MB(Q)= Marginal benefits

MC(Q)= Marginal Costs

we already know that  MB(Q) =36-8Q and MC(Q)=12

MNB(Q)= 36-8Q-12

=36-12-8Q

=24-8Q

Since the maximum level where net benefits are highest is 3 as calculated above, we then replace Q with 3 in the equation

MNB(Q)= =24-8(3)

= 24-24

=0

This means at Q level of 3, the net costs will be equal to the net benefits and the net benefits are at the maximum level.

The break-even point for the Miller Company is about 13,032 units per year. This was calculated by first finding the total fixed costs and the contribution margin per unit, and then dividing the total fixed costs by the contribution margin per unit.

The subject is asking about the concept in business known as the break-even point, which is the point at which total costs equal total revenue, and the company is neither making a profit nor a loss. To find it for the Miller Company, we should add the yearly fixed costs together and then divide by the contribution margin per unit.

Step 1: Calculate Total Fixed Costs

Fixed costs = Equipment cost per year + Overhead cost per year - Equipment salvage value / 5 years

Fixed costs = $288,000 + $48,300 - $41,000 / 5

Fixed costs = $328,300 per year.

Step 2: Calculate Contribution Margin

Contribution Margin = Unit Selling Price - Variable Cost per unit

Contribution Margin = $39.75 - $14.55

Contribution Margin = $25.20 per unit.

Step 3: Calculate Break-Even Point

Break-even point = Fixed Costs / Contribution Margin

Break-even point = $328,300 / $25.20

Break-even point ≈ 13,031.75 units, rounding up to 13,032 units.

Hence, the Miller Company needs to produce and sell approximately 13,032 units of the product each year to break even.

https://brainly.com/question/31319621

#SPJ3

Answer:

probability  = 0.05761

Explanation:

given data

P(X) = 30% = 0.30

P(Y | X) = 15% = 0.15

P( Y' | X') = 8% = 0.08

here X is package is delivered  

and Y is weight 2 lbs or more

solution

here we can say that P(X and Y) is express as

P(X and Y) = P(Y|X) × P(X)   .............1

put here value and we get

P(X and Y) =  0.15 × 0.30

P(X and Y) =  0.045

so probability of package is delivered of weighs 2 lbs or more P (Y) is

P (Y) = P(Y|X) × P(X) + P(Y|X') × P(X')  ............2

put here value we get

P (Y) = 0.15 × 0.30  + 0.8 × 0.92

P (Y) =  0.781

so required probability is = [tex]\frac{P(X\ and\ Y) }{P(Y)}[/tex]    

probability  = [tex]\frac{0.045}{0.781}[/tex]  

probability  = 0.05761

Answer:

The answer is $50

Explanation:

100(45) * 0.5 + 4500= $6750

[6750-100x] / 100x = 0.35

6750 = 135x

x = $50

A margin call will be triggered when the stock price falls to approximately $34.62 in a scenario of short-selling 100 shares at $45 each with an initial margin of 50% and a maintenance margin of 35%.

The situation mentioned involves short-selling 100 shares at $45 each with an initial margin of 50%. The maintenance margin is 35%, and we want to find the stock price that triggers a margin call.

First, calculate the equity initially in the account: 100 shares * $45 * 50% = $2250. This is the amount you borrowed and must maintain in your account. The maintenance level is $2250 / (1 - 0.35) = $3461.54.

So, a margin call will occur when the value of 100 shares falls to $3461.54. Thus, the price per share triggering a margin call would be $3461.54 / 100 shares = $34.62 approximately.

https://brainly.com/question/33768811

#SPJ3

Answer:

$1.5

Explanation:

Variable costs are the expenses that change with the production level. They increase as output increase and decrease as production decline.

Fixed cost remains constant throughout the period.

For Dwight: Total fixed and variable costs are $420,000 at 130,000 production levels. If fixed costs is $225,000, then the variable cost will be

=$ 420,000- $225,000

=$195,000

Variable cost at 130,000 units are $195,000

total cost divided by units produced

variable cost per units = 195,000/130,000

=$1.5

At 200,000 units fixed will remain at $225,000 but variable cost rate will be $1.5

Answer:

The variable cost per unit at the 200,000 units amounts to $300,000.

Explanation:

Computing the variable cost is as:

Total fixed and variable cost = Fixed cost + Variable cost

$420,000 = $225,000 + Variable cost

Variable cost  = $420,000 - $225,000

Variable  cost = $195,000

Now,

we will compute the variable cost per unit which is as follows:

Variable cost per unit = Variable Cost / Units

= $195,000 / 130,000

= $1.5

Therefore, the variable cost per unit is $1.5

So, for 200,000 units it will be:

= Variable cost per unit ×  Units

= $1.5 × 200,000

= $300,000

Answer:

B. One year or the operating cycle, whichever is longer.

Explanation:

Current Assets are assets that can be converted into cash within a year or an operating cycle whichever is longer.

Current Assets are presented first on a balance sheet and arranged in order of liquidity.

Examples of current assets are cash ,

cash equivalents , short-term investments, accounts receivable and stock inventory.

I hope my answer helps you

Current assets are defined as assets that can be converted into cash within one year or the operating cycle, whichever is longer, emphasizing the importance of liquidity for the ease of converting assets into cash.

When discussing current assets, these are assets that can be converted into cash within a specific timeframe. The correct answer to the question is B. One year or the operating cycle, whichever is longer. Current assets include assets that are expected to be liquidated within one fiscal year or the company's operating cycle, whichever period is longer.

This is because the operating cycle can extend beyond a year for certain businesses, particularly in industries where longer periods are required to convert inventory into receivables and then to cash. In this context, liquidity is crucial as it refers to the ease and quickness with which an asset can be turned into cash, making it available for use in buying goods or services or fulfilling obligations.

Answer:

Cost of goods manufactured = 337,640

Explanation:

The question is to compute Tomlin's Cost of Goods Manufactured Schedule of the Month of April and this is done as follows:

TOMLIN COMPANY COST OF GOODS MANUFACTURED SCHEDULE FOR THE MONTH OF APRIL

Description                                            Amount ($)                        Amount ($)

Beginning Work-in-progress                                                                4,840

Direct Materials:

Beginning Raw materials                       10,500

Add: The Purchases                                97,700

Raw materials available                         108,200

Subtract: Closing Raw materials             (14,000)

Direct Material Used                             94,200

Direct Labour                                          80,300

Manufacturing Overhead                      162,000

Total Work-in-progress cost                                                               341,340

Subtract ending work-in-progress                                                        3,700

Cost of Goods manufactured                                                             337,640

Answer:

Personal Selling

Explanation:

Personal Selling is one of the elements of promotion mix which involves one to one sales communication with potential customers. Personal selling is one of the most effective promotion approaches because it can be tailored to meet potential customers needs, especially when sales of a particular product and service demands that.

In the case of IGM Technologies, personal selling would be the most likely used because of the complex technology that customers may not understand easily and need for sales personnel to educate potential customers about the product.

Others elements of promotion mix, such as advertising, public relations and mass marketing will be less effective as they don`t bring sales personnel close to potential customers as personal selling. And using any one of three other elements of promotion mix will not help potential customers to understand the complex technology, manner of usage and how to maintain the filtering system.

So personal selling will most likely be used.

Answer:

The correct answer is: Sense-of-mission marketing.

Explanation:

Sense-of-mission marketing implies advertising a company's product as a good or service that satisfies a social need instead of simply particular individual interests. By doing this, employees and consumers develop a deeper engagement with the product because they do not just feel they are purchasing an object but contributing to a bigger cause.

Final answer:

Pedigree practices corporate social responsibility through initiatives like encouraging associates to bring dogs to work and creating the Pedigree Foundation.

Explanation:

The practice described in the question is called corporate social responsibility (CSR). CSR refers to a company's commitment to operate ethically and contribute to the well-being of society. Pedigree's initiatives, such as encouraging associates to bring their dogs to work and creating the Pedigree Foundation to raise funds for shelter dogs, demonstrate their commitment to social responsibility and supporting animal welfare.

The unregulated monopolist's price will always exceed his marginal cost and he will always operate in the elastic portion of his demand curve. This statement is True.

Explanation:

A monopolist exists when a particular individual or undertaking is the main provider of a specific item. This appears differently in relation to a monopsony which identifies with a solitary element's control of a market to buy a decent or administration, and with oligopoly which comprises of a couple of sellers ruling a market.

A monopolistic market is a hypothetical develop that portrays a market where just one organization may offer items and administrations to people in general. In an absolutely monopolistic model, the imposing business model firm can limit yield, raise costs, and appreciate super-typical benefits over the long haul.

Answer:

Explanation:

1) After tax cost = pre-tax cost * (1-t) = 31000*(1-37%) = $19530

After tax cost  = $19530

2)

Tax savings = 31000*37% = 11470

Present Value of Tax Savings = 11470*0.952 (1 Year, 5 percent) = $10919

After cost = 31000-10919 = $20081

Answer:

correct option is b. $80,000

Explanation:

given data

cash sale = $100,000

gain on sale = $10,000

Purchase of equipment = $20000

bonds for cash =  $50,000

solution

we get here net cash that provide by investing activity that is

net cash = cash sale of land - Purchase of equipment   ..............1

put here value and we get

net cash = $100,000 - $20000

net cash = $80000

so correct option is b. $80,000

Answer:

(A) List views can be filtered using AND, OR and NOT filters.

(D) List view can be filtered by record ownership

Explanation:

A list view is a filter that enables to view a list of items which can be scrolled. It will help us find the information easily. It also saves time and arranging data according to requirements is simplified. List view can be filtered by using AND, OR and NOT. List view also enables to filter by record ownership. Option A and D are correct.

When creating list views, you can filter using AND, OR, and NOT filters as well as by record ownership. The two options are part of functions used to manage, customize, and narrow down data display.

In the context of computing and data management, while creating list views, various filters can be applied to narrow down or specify the data displayed. The options available in this scenario are (A) List views can be filtered using AND, OR and NOT filters and (D) List views can be filtered by record ownership. Option (A) allows for logical operations to be performed on the data while option (D) means the list can be filtered based on who owns the record.

https://brainly.com/question/15314671

#SPJ12

Answer:

Timing.

Explanation:

The establishment of the to-go section by the national restaurant chain is an example of customer utility of time.

The premade sandwiches, salads, drinks, and snacks save the customer time he would have spent waiting for it to be prepared.

So instead of waiting for example 20 minutes for a sandwich, in just about 1 minute customers can pay for their sandwich.

Answer: (C) Contingency Management

Explanation:

 The contingency management is one of the type of behavioral therapy that uses the various types of consequences and also the stimulus for changing the behavior in an organization.

It is basically refers to the three term contingency applications and also called as the operant conditioning that helps in implementing the CBT ( Cognitive-behavior therapy).

 According to the given question, the Max Weber is basically believed in the bureaucratic management and he is peruse their project by using the contingency management.

 Therefore, Option (C) is correct answer.  

Contingency Management is the view that rejects the concept of universal management theories. It suggests that optimal business practices depend on various factors and that what works well in one situation may not necessarily work in another, implying that different situations require different management styles.

The perspective that rejects the notion of universal management theories is Contingency Management. This approach argues that optimal business practices are contingent or depend on a variety of variables including the nature of the task, the type of environment, and the specific characteristics and abilities of the workers. In essence, a strategy that works well in one context may not necessarily work well in another.

For instance, Gabe Newell's management style at Valve demonstrates a lack of traditional management hierarchy, allowing employees to pursue their own projects. This sort of leadership may work in some organizations like Valve, but not in all. Therefore, Contingency Management recognizes that there are no one-size-fits-all solutions in management and that different situations require different management styles.

https://brainly.com/question/34613372

#SPJ3

Final answer:

Galehouse Gas Stations Inc. expects an increase in sales which affects funds due to profits and dividends. With a 60% dividend payout, the cash balance increases by $71,600. If dividends are reduced to 35%, the cash balance increases by $75,100.

Explanation:

To calculate the effect of sales growth on funds for Galehouse Gas Stations Inc., we will take into account several factors, including the profit margin, net asset ratio, and dividend payout ratio.

a. Effect of Growth on Funds with a 60% Dividend Payout:

Galehouse Gas Stations Inc. expects an increase in sales from $1,610,000 to $1,810,000, which is an increase of $200,000. With the 7% return on sales, the expected profit from the increase in sales is 7% of $200,000, which equals $14,000. Out of this profit, 60% will be paid out as dividends, which amounts to $8,400 ($14,000 * 60%). Since 40% of sales is expected to be in the form of net assets, the increased net assets would be 40% of $200,000, which equals $80,000. Thus, the overall increase in funds would be the increase in net assets minus the dividends paid out: $80,000 - $8,400 = $71,600.

b. Effect of Growth on Funds with a 35% Dividend Payout:

If the dividend payout is reduced to 35%, the dividends paid out from the $14,000 profit will amount to $4,900 ($14,000 * 35%). Following the same logic as in part a, the increase in funds would be $80,000 (net assets increase) minus $4,900 (dividends paid out), increasing funds of $75,100. Therefore, the change in cash balance is an increase of $75,100.

Answer:

$78,000

Explanation:

Total cost of producing 2,000 tires:

= [(Direct materials + Direct manufacturing labor + Variable manufacturing overhead) × 2,000 units] + Fixed cost

= [($20 + $3 + $6) × 2,000 units] + ($10 × 2,000 units)

= $58,000 + $20,000

= $78,000

Therefore, the total cost of producing 2,000 tires is $78,000.

The total cost of producing 2,000 tires is $68,000, calculated by doubling the variable costs for 2,000 tires, which is $58,000, and adding the fixed costs, which remain at $10,000.

To calculate the total cost of producing 2,000 tires, we need to consider both variable and fixed costs. Variable costs will increase proportionally with production, while fixed costs will remain constant regardless of the number of units produced. Since Bike St. Pete is considering doubling its production from 1,000 to 2,000 tires, we can simply double the variable costs and add them to the fixed costs.

The variable costs per unit include direct materials ($20), direct manufacturing labor ($3), and variable manufacturing overhead ($6), which sum up to $29. For 2,000 tires, this equates to 2,000 x $29 = $58,000 in variable costs. The fixed manufacturing overhead is $10 per tire, but since it's a fixed cost, it does not change with the number of units produced. For 1,000 tires, it amounts to 1,000 x $10 = $10,000.

When production is expanded to 2,000 tires, the fixed cost remains at $10,000. Therefore, the total cost of producing 2,000 tires is the sum of the variable costs for 2,000 tires and the fixed costs, which is $58,000 + $10,000 = $68,000.

https://brainly.com/question/15235684

#SPJ3

Answer:

D. The market price of purses will increase to $510 because of the tax ($500+ $10 tax $510)

Explanation:

Tax of $10 on the luxury purses is a luxury tax.

A luxury tax is a tax that is charged as a percentage of the price, i.e. an ad valorem tax, on goods and services that considered not to be essential.

A luxury tax is a type of indirect tax and its effect is to increase the price of the commodity making the final consumer who buys the good to be the only one to bear the burden of the tax.

Therefore, a tax of $10 on luxury purses is equivalent to a 2% ad valorem tax and this will make the market price of purses to increase to $510 because of the tax ($500+ $10 tax $510).

I wish you the best.

Answer:

It is a credit to Retained Earnings. Credit of $133,000

Explanation:

Closing an entry means transferring all revenue (sales) account balance and expense account balance at the end of an accounting period to the income summary account.

This either leads to a net profit or loss for the period covered in the income summary account. The balance in the income summary then goes into the Retained Earnings.

Step 1: Transfer the revenue to the income summary...

Dr: Revenue - $334,000

Cr: Income summary - $334,000

Step 2: Transfer the expense to the income summary...

Dr: Income summary - $201,000

Cr: Expense- $201,000

This means Revenue (Dr) in step 1 minues Expense (Cr) in step two

$334,000 - $201,000 = $133,000.

The net profit of $133,000 is the transferred to Retained Earnings

Dr: Income summary - $133,000

Cr: Retained Earnings- $133,000

Answer:

a. monetary base and money supply rise while money multiplier does not change.

b. monetary base rises, but money supply and money multiplier fall.

c. monetary base falls, money supply falls, and money multiplier does not change.

d. monetary base rises, money supply falls, and money multiplier falls.

e. monetary base rises, money supply rises, and money multiplier does not change.

Explanation:

Each of these conditions can be explained as follows:

a. The Federal Reserve buys bonds in an open-market operation

Monetary base will increase when Federal Reserve purchases bonds from the open-market, i.e. from the public, which will in turn make money supply to rise. If we assume that reserve-deposit ratio or the currency-deposit ratio do not change, the money multiplier will remain constant.

b. The Fed increases the interest rate it pays banks for holding reserves

Banks will prefer to hold reserves when the interest is increased by the Fed because that will increase their income. The increase in the reserves held by banks will make the monetary base to rise. As more reserves relative to deposits are held by banks, this will make reserve deposit ratio to rise which in turn will reduce the money multiplier. As money multiplier falls, it causes the money supply to also fall.

c. The Fed reduces its lending to banks through its Term Auction Facility

This will make the monetary base to fall which in turn will lead to fall money supply.  If we assume that reserve-deposit ratio or the currency-deposit ratio do not change, the money multiplier will remain constant.

d. Rumors about a computer virus attack on ATMs increase the amount of money people hold as currency rather than demand deposits.

This will lead to a rise in the currency-deposit ratio which will result in a fall in money multiplier. Since banks do not have enough reserves to lend, the money supply will fall. The increase in the currency being held by the people will make the monetary base to rise.

e. The Fed flies a helicopter over 5th Avenue in New York City and drops newly printed $100 bills.

This will make both the monetary base and the money supply to rise. Money supply will rise further if any of the new bills is deposited in the bank. But money multiplier would reduce should people eventually hold more currency relative to deposits.

I wish you the best.

Final answer:

The Federal Reserve's actions can increase or decrease the monetary base, money multiplier, and money supply through tools such as open-market operations, interest on reserves, lending facilities, and public reactions to economic events.

Explanation:

The actions of the Federal Reserve (the Fed) have significant impacts on the monetary base, the money multiplier, and the overall money supply. Here's how the events listed would affect these three aspects:

Answer:

The correct answer is A. Test.

Explanation:

A test is different from an experiment: Before performing a test, there is an expected result. The test is performed to show this result. In an experiment, the result is open. Very often, tests are performed as part of an experiment.

Answer:

The equivalent units using weighted-average method  is 507,400 units as found in the attached

Explanation:

Firstly,process costing requires that uncompleted units be translated to completed units at the end of the period by multiplying percentage of completion with quantity.

The ending balance of work-in-process inventory is 35% completed,which means that 65% more work is required in order to turn it to finished goods.

Besides,some items are disposed during processes if found out that it is preferable to sell in its present condition than undertaking the final processing .

Answer:

1. 180,000

2.  Material  198,000

    Labor OH  192,000

Explanation:

A. calculation The number of ton pulp manufactured.

Particular                                                           Unit

Work in progress on June 1                            20,000

Add: production during the month                190,000

Total process unit                                           210,000

Less: work in progress on June 30               30,000

Total unit manufacture and transfer           180,000

B. Calculation of Equivalent units.

Particular                                    Materials            Labor and Overhead

Total unit produced                     180,000                   180,000

Add: Work in progress

Material (30000*60%)                   18,000

Labor and OH (30000*40%)                                         12,000

Equivalent production                   198,000                192,000    

Answer:

b. the demand curve shows the demand for labor by businesses, and the supply curve shows the supply of labor by people.

Explanation:

Labor market is any arrangement that brings businesses, government and other economic unit seeking to get the best employees at the best price (demand for labor) into contact with those people seeking for paid jobs (the supplier of labor) for the purpose of entering into an employment contract.  

The job seekers which represents the household possess some skills that is being demanded by the firms in the labor market. The job seekers is the supplier of skills while the firm demands for the skills.

The demand curve shows the demand for labor by businesses, and the supply curve shows the supply of labor by people in the labor market.

The answer to the question is option b. the demand curve shows the demand for labor by businesses, and the supply curve shows the supply of labor by people.

In the labor market, businesses (employers) demand labor, and the demand curve shows the quantity of labor businesses want to hire at different wage rates. On the other hand, individuals (people) supply labor, and the supply curve shows the quantity of labor people are willing to provide at different wage rates.

Changes in wage rates will result in movements along the demand and supply curves, affecting the quantity of labor demanded and supplied in the market.

https://brainly.com/question/33965468

#SPJ12

Final answer:

To switch from product to customer orientation, an organization needs to change its structure, strategies, and operations, with effective people management being central to this transition. Management needs to establish a sense of urgency and explain the need for change. These adjustments may encompass new roles, procedures, technologies, and a shift in corporate culture towards customer focus.

Explanation:

Organizational Changes Towards Customer Orientation:

When an organization decides to switch from a product orientation to a customer orientation, it must undertake a variety of structural changes. These changes include revising the company's structure, strategy, policies, and procedures to focus on customer needs rather than simply pushing products. Given that organizational change can provoke resistance, especially if there is a history of short-lived or unsuccessful changes, management needs to develop a sense of urgency for the change, demonstrating the necessity due to external or internal threats to the organization's competitiveness or survival. The scale of the change is also important, as a big shift such as adopting an enterprise resource planning (ERP) system has different implications compared to smaller changes like a new computer program.

Effective people management is crucial in a shift in orientation. The planned change could influence the entire mode of operation and can be as elaborate as moving to a matrix structure or as detailed as adopting new operating systems and addressing shareholder mentality about social and sustainability concerns. To garner support, those leading the change must communicate clearly about the need for change, as exemplified by the transformation enacted by Lou Gerstner at IBM.

Regardless of the scale, these changes often require employees to adapt to new roles and new ways of thinking, which can be facilitated by leadership that supports a culture of customer-centricity, cross-functional collaboration, and continuous improvement. Organizations may need to shift from vertical to horizontal structures, emphasize team-based approaches, and implement new supportive technology to put the customer at the center of their strategy.

To switch from a product-oriented company to a customer-oriented company, organizations must shift shareholder mentality towards long-term customer loyalty, redesign corporate structures, critically reassess business processes, and foster a culture of embracing change.

To transform from a product-oriented company to a customer-oriented company, organizations must undertake several key structural changes.

Complete question:

What structural changes must an organization undertake to switch from a product-oriented company to a customer -oriented company?

Answer:

The driver for employees fringe benefits is direct labor costs whereas the driver for indirect material costs is direct material costs

The total cost of each home is as follows:

Home 1 $188140

Home 2 $268860

Home 3 $408910

Explanation

Find the breakdown of the costs in the attached excel file.

Answer:

The correct answer is letter "A": True.

Explanation:

Starting operations in different countries is a challenge for companies. In those regions where offering standardized products is not welcomed, the firm is obligated to open a subsidiary to identify local consumer preferences and adapt their product to regional needs.

Answer:

E. shareholders from the excesses and failed oversight of firms.

Explanation:

The Sarbanes-Oxley Act of 2002 was designed to protect investors and shareholders from accounting frauds, misguided financial statements and intentional errors by improving accuracy and reliability of company's accounts. This act was created in response to financial scandals and frauds that took place before 2002. Public corporations are required to comply with the Laws and regulations in the Sarbanes-Oxley Act.