In what type of organization is decision-making authority delegated to levels of management at various points below the top?
A) Centralized
B) Decentralized
C) Point-of-sale
D) Geographic
E) Autocratic
Answer: B
Explanation: B) As a company gets larger, decision making tends to become more decentralized. Decentralization is typical in firms that have complex and rapidly changing environmental conditions.
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Nielson Corp. sells its product for $8,800 per unit. Variable costs per unit are: manufacturing, $4,800, and selling and administrative, $100. Fixed costs are: $24,000 manufacturing overhead, and $32,000 selling and administrative. There was no beginning inventory at 1/1/12. Production was 20 units per year in 2012 -2014. Sales was 20 units in 2012, 16 units in 2013, and 24 units in 2014. Income under absorption costing for 2013 is
a. $6,400. b. $11,200. c. $12,800. d. $17,600.
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