Match the Organizational Variable to Its Description

question 7

Essay

Match the organizational variable to its description.
$$\begin{array} { | l | l | } \hline \text { Decision Rights } & \begin{array} { l } \text { The authority to make decisions } \\\text { necessary to plan and run the } \\\text { business. }\end{array} \\\hline \text { Business processes } & \begin{array} { l } \text { The set of tasks needed to complete } \\\text { key abjectives of the business. }\end{array} \\\hline \begin{array} { l } \text { Formal reporting } \\\text { relationships }\end{array} & \begin{array} { l } \text { The structure set up to ensure } \\\text { coordination with the organization. }\end{array} \\\hline \text { Informal getworks } & \begin{array} { l } \text { The mechanisms used to develop } \\\text { organizational relationships autside of } \\\text { the formal reporting relationships. }\end{array} \\\hline\end{array}$$

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Definitions:

Indirect Cost

A cost that cannot be easily and conveniently traced to a specified cost object.

Predetermined Overhead Rate

A rate used to apply manufacturing overhead to products or job orders, calculated before the period begins based on estimated costs.

Machine-Hours

A measure of the amount of time that a machine is operated, used as a basis for allocating manufacturing overhead.

Variable Manufacturing Overhead

The portion of overhead costs that varies with production volume, including utilities and indirect labor expenses related to manufacturing.