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1 year ago

Select a small / medium-sized manufacturing business and with reference to relevant theory, perform the following tasks:

Business

1 answer:

gtnhenbr [62]1 year ago

7 0

A possible business that can be selected is:

A small bakery. The four central management functions that are carried out in this business are: Planning, organization, leadership, and control. To effect these, the:

Manager plans the affairs of the business and provides a workable and organized framework. Next, he leads and appoints heads to strategic departments in the organization. He establishes control by ensuring that guidelines are followed.

<h3>What are the four central management functions?</h3>

The four central management functions are those activities that are geared at ensuring the smooth flow of activities in the business. A small business can follow the guidelines which include; Planning, organization, leadership, and control.

There is a manager in the business who coordinates the daily affairs and ensures that the staff is doing the right things. Control is the last step that ensures that the plans go as designed.

Learn more about the four central management functions here:

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RSTN Co. produces its product through two sequential processing departments. Direct materials and conversion are added to the pr

hoa [83]

Answer:

RSTN Co.

The number of equivalent units of production for October are:

Materials Conversion

Equivalent units of production 140,000 157,000

Explanation:

a) Data and Calculations

Units Materials Conversion

Beginning work in process 30,000 100% 30%

Units started and completed 120,000 100% 100%

Ending work in process 20,000 100% 80%

Equivalent units using FIFO method:

Units Materials Conversion

Beginning work in process 30,000 0 (0%) 21,000 (70%)

Units started and completed 120,000 120,000 (100%) 120,000 (100%)

Ending work in process 20,000 20,000 (100%) 16,000 (80%)

Equivalent units of production 140,000 157,000

7 0

3 years ago

Graduating from college two years ago, Marshall lives a solidly middle-income lifestyle. He’s paying his student loans, his rent

777dan777 [17]

The correct answer to this open question is the following.

You forgot to include the question. Here we just have a statement, but no question at all.

Maybe you wanted to add an opinion or you need to say if this individual needs an extra credit card.

If that is the case, then we can comment on the following.

No. Marshall doesn't need an extra credit card. He already has six, another one could be a burden to his financial record.

Marshall is doing well. He lives a solidly middle-income lifestyle. He’s paying his student loans, his rent, and all of his other expenses on-time. There is no reason to incur more debt with another credit card.

Plus the fact that the other six cards pay 0% interest for the first year, free airline miles, and 20% off his first month’s purchases at his favorite store. But all of that is going to change after the first year and interests are coming.

Until today, he has been strict in paying his full balance each month and he is responsible enough to stop using the card once the initial features expire. Although he desires to take a vacation using the advantages of another credit card, he has to be disciplined and refrain to get it. Six cards are too many for the way of life and the job he has. The moment he loses control of the use of the credits and gets into debt, plus interests, problems are going to raise.

6 0

3 years ago

You are a business loan has a variable interest rate next month the annual rate will jump from 6.3% to 7.8%. Your balance is 1,6

sweet [91]

Answer: $‭2,025‬

Explanation:

Your monthly payment based on the rate of 6.3% per annum is:

= (6.3% * 1,620,000 ) / 12 months

= 102,060‬ / 12

= $‭8,505‬

Now that the rate has gone up to 7.8% per annum, the payment is:

= (7.8% * 1,620,000 ) / 12 months

= ‭126,360‬ / 12

= $‭10,530‬

Payment went up by:

= ‭10,530‬ - 8,505

= $‭2,025‬

3 0

3 years ago

Which of the following designs safety regulations?

Nat2105 [25]

Answer:

the right answer is A.

Explanation:

because Those responsible for ensuring the health and safety of their workers are the professionals who study the regulation of these standards

8 0

3 years ago

Read 2 more answers

During its most recent fiscal year, Raphael Enterprises sold 270,000 electric screwdrivers at a price of $17.10 each. Fixed cost

pantera1 [17]

Answer:

$2,889,000

Explanation:

Sales units = 270,000 units

Sale Price = $17.10

Fixed cost = $729,000

Sales Value = 270,000 * $17.10

Sales Value = $4,617,000

Contribution Margin = Sales- Fixed cost

Contribution Margin = $4,617,000 - $729,000

Contribution Margin = $3,888,000

Variable Cost = Contribution margin- Pretax income

Variable Cost = $3,888,000 - $999,000

Variable Cost = $2,889,000

So, $2,889,000 is the amount that should have been reported as variable costs in the company's contribution margin income statement for the year in question.

8 0

3 years ago