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Citrus2011 [14]
1 year ago
15

You are on the team of executives at Star Bank. You have been meeting as a team to discuss the future of the bank, including big

picture goals of how to grow the company. What type of planning is this?
A. operational
B. functional
C. strategic
D. consumer

SOMEONE PLEASE HELP!!!!!
Business
1 answer:
Komok [63]1 year ago
7 0

Strategic planning is the type of planning used by team of Star bank.

<h3>What is strategic planning?</h3>

Strategic planning is a type of planning that is channeled towards a purpose.

Companies make use of strategic planning to help focus on a particular goal or aim

Therefore, Strategic planning is the type of planning used by team of Star bank.

Learn more on strategic planning below

brainly.com/question/17924318

#SPJ1

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Answer: B. reduces reported net income of the period but does not involve an outflow of cash for that period.

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The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation reduces reported net income of the period but does not involve an outflow of cash for that period.

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2 years ago
Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types o
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Answer:

Results are below.

Explanation:

<u>First, we need to calculate the plantwide predetermine manufacturing overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

total estimated overhead costs for the period= (625,000 + 900,000 + 105,000 + 175,000 + 300,000 + 75,000)

total estimated overhead costs for the period= $2,180,000

Predetermined manufacturing overhead rate= 2,180,000 / 125,000

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<u>Now, we can allocate overhead to each product line:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

<u>Deluxe:</u>

Allocated MOH= 17.44*2,500

Allocated MOH= $43,600

<u>Basic:</u>

Allocated MOH= 17.44*6,000

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6 0
3 years ago
Umbridge Purses Unlimited sells purses with a sales price of $35 each. Each purse costs the company $20 to produce, and the stor
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Answer:

Break-even point in units= 20,000 units

Explanation:

Giving the following information:

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Unitary variable cost= $20 t

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<u>To calculate the break-even point in units, we need to use the following formula:</u>

<u></u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 300,000/ (35 - 20)

Break-even point in units= 20,000 units

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3 years ago
On January 3, 2019, Carey discovers his diamond bracelet has been stolen. The bracelet had a fair market value and adjusted basi
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3 years ago
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