The best response if the salesperson asked you for feedback related to the goal is c. That sounds like an ineffective goal because it is not specific.
A response is a reaction or answer to something. For example, if someone asks you a question or makes a statement, your response is what you say or do in response to that question or statement. It is important for goals to be specific so that they can be measured and tracked. If a goal is not specific, it is difficult to know exactly what needs to be done to achieve it and to determine whether or not it has been achieved. A more effective goal might be something like "Increase sales by 10% by the end of the month by targeting new potential customers and implementing a new marketing campaign." This goal is specific and includes specific actions that can be taken to achieve it.
The missing part in the question is shown below.
Suppose a salesperson tells you that one of his/her goals is to increase sales by the end of the month. Which of the following is probably your best response if the salesperson asked you for feedback related to the goal?
a. That sounds like an effective goal, provided increasing sales is challenging to you.
b. That sounds like an ineffective goal because increasing sales is not realistic.
c. That sounds like an ineffective goal because it is not specific.
d. That sounds like an effective goal given that you've include a time frame.
e. None of the above is accurate.
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Suppose you took out a 15-year mortgage for $140,000, at an annual rate of 5%. After 5 years, the 15-year mortgage rate dropped to 2%, and you decided to refinance at this low interest rate. (a) how much remains to be refinanced on the second mortgage? (b) how much will your monthly payment be? (c) how much do you save (gain) by refinancing? (write the answer up to 2 decimal places .)
Answer:
a) $112,000
b) $541.67
c) $2,945.00
How many pounds of RCRA hazardous waste can a CESQG/VSQG generator per month
The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.
How to explain the informationCESQG (conditionally exempt small quantity generator) and VSQG (very small quantity generator) are two different classifications of hazardous waste generators under the Resource Conservation and Recovery Act (RCRA) regulations in the United States.
The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.
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What are the three types of inherent value money can have?
A. Regulated, market, and face.
B. Intrinsic, market, and commodity.
.C. Intrinsic, market, and face.
D. Face, intrinsic, and commodity.
The three types of inherent value money can have are Intrinsic, market, and face. Option C
What is inherent value money about?Cash has an asset's value is determined by its intrinsic value. Instead of using the asset's actual market price, this metric is calculated objectively or through the use of a sophisticated financial model.
Other than its current exchange value for goods and services, it has no worth. Something is valuable in and of itself when it has inherent worth. A thing with intrinsic value is a goal in and of itself.
Hence, the value an entity has for what it is, as a goal, or in and of itself is known as intrinsic value.
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Define appropriability mechanism
Answer:
The term "appropriability" refers to the ability of an innovator (a firm or individual) to appropriate some of the social gains that result from his or her innovation.
Explanation:
The answer is underlined and bolded. Hope this helped you. And please brainliest if possible!
Wilson Co. produces tennis rackets. A customer has offered Wilson Co. $400 per unit for 200 units. To fill the order, Wilson would incur unit-level costs of $300 per unit and batch-level costs of $1,000. Wilson also incurred $10,000 of product-level costs to design the racket and $100,000 of facility-level costs. Calculate the amount of differential revenue.
Answer:
$80,000
Explanation:
Calculation to determine the amount of differential revenue
Using this formula
Differential revenue=Per units*Number of units
Let plug in the formula
Differential revenue=$400 x 200 units
Differential revenue= $80,000
Therefore the amount of differential revenue is $80,000
Diamond Boot Factory normally sells its specialty boots for $26 a pair. An offer to buy 90 boots for $22 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $10, and special stitching will add another $2 per pair to the cost. Determine the differential income or loss per pair of boots from selling to the organization. $fill in the blank 1 Should Diamond Boot Factory accept or reject the special offer
Answer: i would say they could accept because it seems to be pretty cheap and you would be able to decorate for 2 dollars and you can see the diff price for each boot and more.
Explanation:
pls mark brainliest
What is a best practice to effectively extract customer ideas through crowdsourcing?
Answer:
Encourage a sense of community
Explanation:
Crowd sourcing means sourcing for information, ideas, thoughts from selected people all over the world; usually through the internet. It enables companies get best business ideas from these set of people, by getting a share of their skills hence saves money and time.
The best practise to effectively extract customers ideas through crowd sourcing is to encourage a sense of community because
Third party liability laws:
A) unfairly punish alcohol servers for the actions of others.
B) are intended to make servers responsible for obeying
liquor laws by not serving alcohol to VIPs and minors.
C) do not apply if a customer is not driving.
OD) are intended to make servers liable for the actions of
their customers.
Answer:
the answer is D. are intended to make servers liable for the actions of their customers
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Oil refining involves processing crude oil into several different products. It often starts with a fractional distillation column. Crude oil is heated and the different products are collected at different temperatures. For example, lubricating oil, used for motor oil, grease and other lubricants, boils at a temperature between 572 to 700°C. After this, chemical processes are used to remove impurities. A system of pipes is used to link all the different processes so that refining continues uninterrupted. Saudi Aramco is the largest oil corporation in the world and is involved in all stages of oil production. It manages over 100 oil and gas fields in Saudi Arabia. It employs over 65 000 people and is capable of refining around 2 million barrels per day. In 2015, the company was generating about US$1000 million of revenue per day.
1 What is meant by flow production? Use this case study as an example in your explanation.
2 Assess the advantages and disadvantages to Saudi Aramco of flow production. Make a clear judgement in your evaluation.
Flow production is a type of production system in which products are produced in a continuous, uninterrupted manner. This type of production is used in industries such as oil refining, where a steady flow of products is necessary to meet demands.
In the case of Saudi Aramco, flow production allows them to refine up to 2 million barrels of oil per day, which is essential to meet the demands of the global market.
What are the advantages and disadvantages of the production?The advantages of flow production for Saudi Aramco include increased efficiency, cost savings, and increased output. The continuous production process reduces the amount of time and energy needed to produce each product, allowing for greater efficiency. Additionally, the cost of production is reduced as the same equipment and materials can be used for multiple products. Lastly, the steady production process allows Saudi Aramco to produce more products to meet the demands of the global market.
The main disadvantage of flow production for Saudi Aramco is the potential for mistakes or breakdowns. As the production process is continuous, any mistake or breakdown can cause a disruption in the entire process. This can lead to significant delays in production and potentially large losses in revenue. Additionally, if the production process is not properly monitored, the quality of the products can suffer.
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im tired of everything~
Answer:
me too, especially school ://
Answer:
OMG same soo tired of school can't wait till summer
Explanation:
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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In which situation would it be most appropriate to use money you have set aside in your emergency fund?
A. Your friend needs $100 for rent.
B. Your microwave stops working.
C. You forgot to pay your phone bill.
D. Your roommate needs $50 for a date.
The money that has been set aside for emergency situations can be ideally used for paying the phone bill at first.
Option C is the correct answer.
What is an emergency fund?An emergency fund is an amount that is kept by an individual out of their earned income which is further to be used in uncertain times.
An emergency fund has been created to meet the contingencies in life that can be in the form of repairs of any equipment, medical problems, loss of job, etc. This fund helps the individual in uncertain times when he/she is in need of funds.
Therefore, the phone bill should be paid first from the emergency fund then the rest of the expenses to be considered.
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Answer:
B. micro wave
Explanation:
The other guy is wrong
Which of the following BEST describes a conflict of interest? O A. Two companies competing for the business of the same customer B. Parties engaging in an activity that does not equally benefit all parties C. An employee engaging in an activity that may benefit that individual to the detrimen O D. People on different sides of an issue agreeing to disagree O E. A company engaging in practices that conflict with government regulations Click to select your answer.
The statement that best describes conflict of interest is - An employee engaging in an activity that may benefit that individual to the detriment of his employer or clients of the firm
Conflict of interest arises when the interest of an employee is not aligned with the interest of his/her employer or clients.
For example, an employer might decide to take a project even though it is not profitable because if the project is undertaken it would increase the prestige of the employee. This project would be benefit the employee but not the employer.
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Someone help soon please!
Answer:
i'd go with some time in colage with ne degree. ;)
Explanation:
Outline the initiative that Woolworths , use to lessen their impact on environment
Woolworths understands that it can have a positive impact on the retail supply chain to make it more sustainable and reduce its carbon footprint. Woolworths' Sustainability Strategy 2007-2015 established a number of targets and commitments for the company to improve its sustainability and reduce its environmental impact by 2015.
Woolworths has launched a number of initiatives and joined a number of programs that promote and aim to have a low environmental impact. Woolworths retail businesses have signed the Kyoto Protocol, an international agreement established by the Framework Convention on Climate Change. The can be defined as an organization that is seen to be using various techniques to reduce their impact on the environment. This initiative helps to make the world a greener place by reducing emissions that are harmful to people's and animals' health. Woolworths uses the following initiatives to reduce its environmental impact: growing greener by lowering emissions, reducing plastic, and sourcing responsibly.
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The smith sneaker corporation wants to make a minimum profit of 30% on its newest running shoe. To set the selling price for the new shoe, the company would use_____ pricing. A. Cost-based B. Cost-plus C. Variable-cost D. Fixed-cost
In order to set the selling price for the new shoe, the company would use fixed cost pricing.
What is a fixed cost?It should be noted that the fixed cost simply mean the cost that's doesn't vary based on the production level.
In this case, in order to set the selling price for the new shoe, the company would use fixed cost pricing.
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A monopolistic competitor wishing to maximize profit will select a quantity where marginal cost equals demand. marginal revenue equals marginal cost. marginal cost equals average cost. marginal revenue equals average cost. If a firm is producing a quantity where marginal revenue exceeds marginal costs, the firm should existing levels of production in order to
Answer:
marginal revenue equals marginal cost.expand; increase profitabilityExplanation:
A monopoly would seek to maximize its profit at a point where marginal revenue will equal marginal cost because at this point, resources are being fully and efficiently utilized. If more cost was incurred to produce then marginal cost would exceed marginal revenue and lead to losses.
The same goes for the firm producing at a quantity where marginal revenue is larger than marginal cost. They should expand their production levels so that their marginal cost equals marginal revenue as this will increase profitability.
PLEASE HELP DUE AT 11:59
The following data have been gathered for Syncronics, Inc.:
a. The July 31 bank balance was $4,000,
b. The bank statement included $65 in service charges.
c. There was an EFT deposit of $900 on the bank statement for the monthly rent from
the tenant.
d. Checks #541 and #543 for $205 and $320, respectively, were not among the canceled
checks returned with the statement, therefore the checks are outstanding.
e. The July 31 deposit of $350 did not appear on the bank statement
f. The bookkeeper had erroneously recorded a $50 check as $500. The check was
written to a vendor to pay- off an accounts payable.
g. Included with the canceled checks was a check written by Syncronize
Corporation for $200 which was deducted from Syncronics' account. .
h. The bank statement also included an NSF check written by Multimedia, Inc for a $460
payment on accounts receivable
i. The cash account showed a balance of $3,200 on July 31.
REQUIRED:
1. Prepare the July 31 bank reconciliation for Syncronics Inc.
2. Adjust the Cash Balance (using Journal Entries, T accounts, or the Accounting Equation).
Explanation:
July 31 Bank Reconciliation for Syncronics Inc.
Balance per bank statement:
Beginning balance: $4,000
Service charges: -$65
EFT deposit: +$900
Outstanding checks: -$525 (check #541 for $205, check #543 for $320)
NSF check: -$460
Adjusted balance per bank statement: $3,750 ($4,000 - $65 + $900 - $525 - $460)
Balance per company's records:
Beginning balance: $3,200
Deposit in transit: +$350
Erroneously recorded check: -$450 ($500 - $50)
Deducted check: -$200
Adjusted balance per company's records: $2,900 ($3,200 + $350 - $450 - $200)
Adjusted Cash Balance:
To adjust the cash balance on Syncronics' books to the reconciled balance of $3,750, the following journal entry can be made:
Debit: Cash (increase) $850 ($3,750 - $2,900)
Credit: Accounts Receivable (decrease) $850
Alternatively, the T-account for Cash can be adjusted:
Beginning balance: $3,200
Add: Deposit in transit $350
Less: Erroneously recorded check -$500
Less: Deducted check -$200
Adjusted balance: $2,850
Then, the adjusting entry would be:
Debit: Cash (increase) $900 ($3,750 - $2,850)
Credit: Accounts Receivable (decrease) $900
What is economic studies
Answer:
economic studies is about economic growth, strong labor market, sound fiscal and monetary policy.
Earlier this week, Trump called off a secret meeting at Camp David with Taliban and
Afghan government leaders and declared the peace talks "dead." As the September
11 anniversary began in Afghanistan, a rocket exploded at the U.S. Embassy just
after midnight. No injuries were reported.
They both describe the events that occurred on September 11, 2001, and who
was responsible for them.
They both describe the extra security measures that were taken at airports after
September 11, 2001.
They both highlight some of the problems that survivors and victims of the 9/11
attacks still face today.
They both highlight the continued conflict between the U.S. and Afghanistan
since the 9/11 attacks
Answer:
NEW YORK (AP) — People who were too young on 9/11 to even remember their lost loved ones, and others for whom the grief is still raw, paid tribute with wreath-layings and the solemn roll call of the dead Wednesday as America marked the 18th anniversary of the worst terror attack on U.S. soil.
“Eighteen years. We will not forget. We cannot forget,” Bud Salter, who lost his sister, Catherine, said at ground zero.
President Donald Trump laid a wreath at the Pentagon, telling victims’ relatives: “This is your anniversary of personal and permanent loss.”
“It’s the day that has replayed in your memory a thousand times over. The last kiss. The last phone call. The last time hearing those precious words, ‘I love you,’” the president said.
Later, former President George W. Bush, who was in office on 9/11, and then-Defense Secretary Donald Rumsfeld attended another wreath-laying at the Pentagon.
Near Shanksville, Pennsylvania, the third site where planes crashed on Sept. 11, 2001, Vice President Mike Pence credited the crew and passengers who fought back against the hijackers with protecting him and others in the U.S. Capitol that day.
“I will always believe that I and many others in our nation’s capital were able to go home that day and hug our families because of the courage and selflessness of your families,” said Pence, who was an Indiana congressman at the time. Officials concluded the attackers had been aiming the plane toward Washington.
Nearly 3,000 people were killed when terrorist-piloted planes slammed into the World Trade Center, the Pentagon and the field in Pennsylvania.
After reading part of the long list of names, Parboti Parbhu choked up as she spoke from the ground zero podium about her slain sister, Hardai. Even after nearly two decades, “there’s no easy way to say goodbye,” she said.
By now, the heritage of grief has been handed down to a new generation, including children and young adults who knew their lost relatives barely or not at all.
Jacob Campbell was 10 months old when his mother, Jill Maurer-Campbell, died on 9/11.
“It’s interesting growing up in a generation that doesn’t really remember it. I feel a connection that no one I go to school with can really understand,” Campbell, a University of Michigan sophomore, said as he attended the ceremony.
Like the families, the nation is still grappling with the aftermath of Sept. 11. The effects are visible from airport security checkpoints to Afghanistan, where the post-9/11 U.S. invasion has become America’s longest war. The aim was to dislodge Afghanistan’s then-ruling Taliban for harboring al-Qaida leader and Sept. 11 mastermind Osama bin Laden.
Earlier this week, Trump called off a secret meeting at Camp David with Taliban and Afghan government leaders and declared the peace talks “dead.” As the Sept. 11 anniversary began in Afghanistan, a rocket exploded at the U.S. Embassy just after midnight, with no injuries reported.
Al-Qaida’s current leader used the anniversary to call for more attacks on the U.S. and other targets.
In New York, Nicholas Haros Jr., who lost his mother, Frances, reminded the audience of the al-Qaida attackers and tore into Democratic Rep. Ilhan Omar of Minnesota over her recent “Some people did something” reference to 9/11.
“Our constitutional freedoms were attacked, and our nation’s founding on Judeo-Christian values was attacked. That’s what ‘some people’ did. Got that now?” he said to applause.
Omar, one of the first Muslim women elected to Congress, has said she didn’t intend to minimize what happened on Sept. 11, and accused critics of taking her words out of context. She tweeted Wednesday that “September 11th was an attack on all of us.”
The dead included Muslims, as Zaheda Rahman underscored after reading names at ground zero. She called her uncle, Abul Chowdhury, a “proud Muslim-American man who lived his life with a carefree nature, a zeal for adventure and a tenacity which I emulate every single day.”
Others made a point of spotlighting the suffering of firefighters, police and others who died or fell ill after being exposed to the smoke and dust at ground zero.
A compensation fund for people with potentially Sept. 11-related health problems has paid out more than $5.5 billion so far. More than 51,000 people have applied. Over the summer, Congress made sure the fund won’t run dry . The sick also gained new recognition this year at the World Trade Center site, where a memorial glade was dedicated this spring.
___
You are managing a portfolio of $1.0 million. Your target duration is 11 years, and you can choose from two bonds: a zero-coupon bond with maturity five years, and a perpetuity, each currently yielding 5%. a. How much of (i) the zero-coupon bond and (ii) the perpetuity will you hold in your portfolio
Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of the kits next quarter at a price of $11, and the other 50 kits in the third quarter at a price of $12. It takes a full quarter for Ponzi to collect its bills from its customers. (Ignore possible sales in earlier or later quarters.)
a. Prepare an income statement for Ponzi for today and for each of the next three quarters. Ignore taxes.
b. What are the cash flows for the company today and in each of the next three quarters?
c. What is Ponzi?
Answer:
a) Ponzi Products
Income statement
For quarters 1, 2, 3 and 4 of year 202x
Q1 Q2 Q3 Q4
Sales revenue $0 $550 $600 $0
COGS $0 $500 $500 $0
Operating income $0 $50 $100 $0
Since no products are sold during the first and fourth quarter, their respective revenues, COGS and operating income is $0.
b) Ponzi Products
Schedule of Expected Cash Receipts
For quarters 1, 2, 3 and 4 of year 202x
Q1 Q2 Q3 Q4
Sales revenue $0 $0 $550 $600
Cost of goods man. ($1,000) $0 $0 $0
Net cash receipts ($1,000) $0 $550 $600
c) This question is incomplete, it should say what is Ponzi's net working capital for each quarter?
NWC = current assets - current liabilities
NWC Q1 = $1,000 (Merchandise inventory account, no liabilities)
NWC Q2 = $500 (Merchandise inventory account, no liabilities)
NWC Q3 = $550 (Cash account, no liabilities)
NWC Q4 = $1,150 (Cash account, no liabilities)
PLEASE HURRY I NEED THIS NOW
Alexander is an HR executive at a large company. “Our company offers a 401(k) program with a 3 percent match,” he tells a new hire. “Why should I put money in a 401(k)?” the new hire asks. “I won’t retire for many years, so I don’t see why I should think about that now.” How should Alexander explain the importance of the program and the match?
Answer:
Alexander should explain to the new hire that a 401(k) is a great way to save for retirement and that the 3 percent match from the company is an added bonus. He should explain that the money in the 401(k) will grow over time, and that the earlier they start saving, the more money they will have when they retire. He should also explain that the company match is essentially free money, and that it's a great way to get started on their retirement savings.
Explanation:
Hope this helps :)
Can anyone please write a summery of everything that happened in the Great depression?
Jane's Donut Co. borrowed $198,000 on January 1, 2021, and signed a two-year note bearing interest at 11%. Interest is payable in full at maturity on January 1, 2023. In connection with this note, Jane's should report interest expense at December 31, 2021, in the amount of: Multiple Choice
Answer:
$21,780
Explanation:
Calculation to determine what Jane's should report interest expense at December 31, 2021, in the amount of:
Interest expense at December 31, 2021=$198,000 x 11% x 12/12
Interest expense at December 31, 2021= $21,780
Therefore Jane's should report interest expense at December 31, 2021, in the amount of: $21,780
Easy points
What are two of the most popular games of their genre Also, list their sales il do one for you Gacha do the rest pls :)
Answer:
Genshin Impact is 2.1 billion only for play store
Fate of grand order 3 billion now it's over 4 billion at the date of 2020
Answer:
Explanation:
I would say League of Legends is the most popular multiplayer online battle arena game. It is free to play so there is no sales figure but the game made $1.75 billions in 2020.
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
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See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
What is the economic order quantity if annual demand is 100 units, the order placement cost is $25, and the holding cost per unit per year is $50
The economic order quantity if annual demand is 100 units is: 10 units.
Economic order quantityUsing this formula
Economic order quantity =√2×Annual demand× Order placement cost/ Holding cost
Let plug in the formula
Economic order quantity=√2×100×$25/$50
Economic order quantity=√5,000/50
Economic order quantity=√100
Economic order quantity=10 units
Inconclusion the economic order quantity if annual demand is 100 units is: 10 units.
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A company is preparing the budgets for the third quarter of 2022.
Projected sales (in units) are as follows:
July 600 Units
August 680 units
September 750 units
October 800 units
The company policy is to have finished goods and materials inventory of 20% of the next month's projected sales and production respectively. 2.5 Kg of materials are required per unit at Sh 15 per Kg. Assuming that opening inventory of 120 units and 300 Kg of materials are expected for July, and 350 Kg of materials stocks at the end of September
Find the :
Production budget
Material budget
Purchase budget
1. The Production budget of the company for the third quarter of 2022 is as follows:
Production Budget:Ending inventory 136 150 160
Projected sales (in units) 600 680 750 800
Goods available for sale 736 830 910
Beginning inventory 120 136 150 160
Production units 616 694 760
2. The Material budget of the company for the third quarter of 2022 is as follows:
Materials Budget:Production units 616 694 760
Production materials 1,540 1,735 1,900
Beginning inventory 300 347 380
Ending inventory 347 380 350
3. The Purchase budget of the company for the third quarter of 2022 is as follows:
Purchases Budget:Ending inventory 347 380 350
Production materials 1,540 1,735 1,900
Materials available 1,887 2,115 2,250
Beginning inventory 300 347 380
Purchases 1,587 1,768 1,870
Cost of purchases Sh23,805 Sh26,520 Sh28,050
Data and Calculations:July August September October
Projected sales (in units) 600 680 750 800
Beginning Inventory:
Finished goods 120 136 150 160
Ending Inventory:Finished goods = 20% of next month's sales
Materials = 20% of next month's production
July Beginning Inventory:Finished goods = 120 units
Materials = 300 kg
September Ending Inventory:Materials = 350 kg
Cost of materials per kg = Sh15
Materials usage per unit = 2.5 kg.
Thus, the production, material, and purchase budgets have been prepared.
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