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2 years ago

Small dollar value purchase orders can be efficiently and effectively managed by?

1 answer:

6 0

Small dollar value purchase orders can be efficiently and effectively managed by implementing an e-procurement application.

1a : to reap by means of paying money or its equal : buy. b : to gather (real property) with the aid of approach other than descent. c : to attain with the aid of labor, chance, or sacrifice

A buy entails the purchase of goods or offerings in exchange for a charge of some type. The charge is commonly in coins or credit (to be paid later). A buy may also be part of a barter transaction in which exclusive non-coins belongings are exchanged, or it may be in change for the idea of legal responsibility.

An example of to purchase is to buy meals on the grocery save. To gain at a price, as of struggling or sacrifice. (law) the acquisition of land, buildings, and so forth. by way apart from inheritance or descent.

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Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area

notsponge [240]

Answer:

$50,094.8

Explanation:

Flexible Budget are budget prepared by taking the actual activity level achieved at standard cost/price. WHILE

q is taken as the actual level of activity which is 240 diving hours.

Puget Sound Divers

Flexible Budget For the Month Ended May 31

Revenue ($440.00 ×240) $105,600

Expenses:

Wages and salaries ($11,800 + $128.00×240) $42,520

Supplies ($3.00 ×240) $720

Equipment rental ($2,100 + $22.00 ×240) $7,380

Insurance ($4,000) $4,000

Miscellaneous ($530 + $1.48×240) $885.2

Total expense $55,505.2

Net operating income ($105,600- $55,505.2) $ 50,094.8

Net operating income =Revenue - Total expenses

3 0

3 years ago

Read 2 more answers

Department S had no work in process at the beginning of the period. It added 10,000 units of direct materials during the period

Minchanka [31]

Answer:

Department S

The total cost of units completed during the period were:______.

= $113,325

Explanation:

a) Data and Calculations:

Units started during the period = 10,000

Material cost of units started = $70,000

Units completed = 7,500 units

Units in ending WIP = 2,500 units

Equivalent units: Materials Conversion

Started and completed 7,500 7,500

Ending WIp 2,500 950 (2,500 * 38%)

Total equivalent units 10,000 8,450

Cost of production: Materials Conversion Total

Units started $70,000 $68,500 $138,500

Equivalent units 10,000 8,450

Cost per equivalent $7.00 $8.11

Cost of units completed:

Materials $52,500 (7,500 * $7)

Conversion 60,825 (7,500 * $8.11)

Total costs $113,325

8 0

3 years ago

Lifemaster produces two types of exercise treadmills: regular and deluxe. The exercise craze is such that Lifemaste could use al

blondinia [14]

Answer:

1. Machine hours is the Constraints in the given case.

2. Evaluation of Products

Deluxe Regular

Sales Price $1,020 $560

Less: Direct Material $300 $90

Less: Direct Labor $88 $188

Less: Variable Manufacturing $264 $88

Overhead

Less: Variable Operating $111 $65

Expenses

Contribution Margin $257 $129 

Contribution Margin as % 292.05% 68.62%

of Direct Labor cost

Conclusion: Hence it is better to produce Deluxe as it gives higher contribution margin as a % of direct labor cost

Workings

Contribution Margin as % of Direct Labor cost

Deluxe = 257/88% = 292.05%

Regular = 129 /188% = 68.62%

3 0

3 years ago

Due to high unemployment, people travel less, which affects the markets for things like hotel rooms and gasoline. Which economic

stira [4]

Answer:

movement down the demand curve.

Explanation:

Analyzing the information above, it is possible to determine that demand is directly affected by high unemployment rates, that is, with less disposable income, people change their consumption habits, which can influence travel and adjacent markets, that is, with fewer people traveling, the less the number of hotel reservations and the less the number of cars on the road traveling, which directly influences the downward movement of the demand curve.

5 0

3 years ago

Sven goes to a bar, drinks eight shots of bourbon, and then goes to an electronics store, where he buys a large flat-screen TV f

romanna [79]

Answer:

he lacked the mental capacity to enter into the contract

Explanation:

In contract law, someone who lacks capacity to enter into a contract can be said to be someone who is not mentally sound, and hence, such incapacity would render whatever contract such person enters voidable. Being intoxicated is one of the factors that can render one incapable mentally, and as such cannot legally enter into a contract. If Sven wants to void the contract based on his intoxication, he will have to prove that his mental capacity to enter into the contract was impaired by the intoxication. Only then can the contract be voidable.

4 0

3 years ago