Answer:
The estimated inventory at the end of February is $73400 as shown below
Explanation:
Beginning Inventory $57,800
Plus: Net purchases $120000
Freight-in $2,700
Cost of Goods Available for Sale $180500
less: Cost of Goods Sold
Net Sales$180000
Less Estimated Gross Profit $81000
Estimated Cost of Goods Sold $99000
Estimated Inventory before Theft 81500
Less: Stolen Inventory 8,100
Estimated Ending Inventory 73400
Gross profit $180000*45%=$81000
Answer:
The correct answer is B: Planning.
Explanation:
Planning is a key fundamental management function. It is deciding beforehand how are you going to achieve the objectives previously determined. Planning is deciding what needs to be done, when, who and how.
In this case, Amanda set the targets of the salesperson in order to achieve the organizational goals. By planning the sales required, she believes it will take her a step closer to the goals of the period.
Answer:
False
Explanation:
Blue Ocean Strategy is a slang term referred to a market for a product without competition and with wide market space.
<u>The objectives of a </u><u>Blue Ocean Strategy</u><u> are -</u>
- A minimal effort to open up another market space and make new interest.
- To discover and make "blue ocean" which is, uncontested, developing markets and keep away from "red ocean" (overdeveloped, soaked markets).
- It is tied in with making and catching uncontested market space, in this way making the opposition immaterial.
Answer:
just try your best and it'll be a lot better that way
Answer:
(1) 2,600
(2) $122
(3) $317,200
Explanation:
(1) Ending Inventory:
= Beginning Inventory + Number of Units Produced - Number of Units Sold
= 300 + 15,000 - 12,700
= 2,600
(2) Per-unit product cost:
= Direct Material + Direct Labour + Variable Overhead + Fixed Overhead
= $20 + $60 + $12 + $30
= $122
(3) Value of Ending Inventory under absorption costing:
= Ending Inventory × Absorption Per-unit product cost
= 2,600 × $122
= $317,200