1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lunna [17]
1 year ago
11

waterloo, ltd. manufactures a component used in aircraft navigation systems. demand has been strong and the executive staff at w

aterloo is planning for next year. yesterday, you were called into a budgeting meeting where production plans were being reviewed. you learn that the inventory policy at waterloo is to hold one and one-half months’ worth of sales (to avoid issues with transportation disruptions). the sales budget for next year is 660,000 units, spread evenly over the year. because of an unexpected increase in demand, inventory at the end of this year is expected to be only 30,000 units. the capacity of the plant is 700,000 units annually.
Business
1 answer:
Anni [7]1 year ago
6 0

To meet the target the projected output level for next year required is 712,750.

What is sales budget ?

A sales budget is a financial strategy that projects the entire income of a business over a given time frame. To forecast the performance of the company, it relies on two factors: the volume of products sold and the price at which they are sold.

The calculation of the production level required to accomplish the goals for the following year is presented below:

Ending Inventory (662,000 ÷ 12 × 1.5) 82,750

Sales Budget                                    662,000

Total inventory required                744,750

Less Beginning Inventory             -32,000

Production                                    712,750  

Question:

Waterloo, Ltd. manufactures a component used in aircraft navigation systems. Demand has been strong and the executive staff at Waterloo is planning for next year. Yesterday, you were called into a budgeting meeting where production plans are being reviewed. You learn that the inventory policy at Waterloo is to hold one and one-half months’ worth of sales (to avoid issues with transportation disruptions). The sales budget for next year is 662,000 units, spread evenly over the year. Because of an unexpected increase in demand, inventory at the end of this year is expected to be only 32,000 units. The capacity of the plant is 702,000 units annually.1. What production level next year will be required to meet the targets? (Do not round intermediate calculations.)

To learn more about sales budget click on the link below:

brainly.com/question/16821253

#SPJ4

You might be interested in
Suppose that an industry is characterized as follows: C  100  2q2 each firm’s total cost function MC  4q firm’s marginal cost
hjlf

Answer:

Explanation:

find the attached solution below

5 0
3 years ago
How to establish a positive work environment
quester [9]
-no distractions
-clean working area
-full night's rest
-large cup of coffee (optional)
8 0
3 years ago
Why does a taxminusdeferred retirement account accumulate more money than a taxable​ account, assuming the same amount is contri
skad [1K]

Answer:

Simply because tax-deferred accounts are taxed only when the investor receives or withdraws money from them. For example, a 401 (K)'s interest and capital gains are not taxed until the beneficiary retires and starts to receive payments, and that may take a long time.

It is not the same to be taxed immediately, because that reduces the amount invested. For example, you invest have $100 to invest and your income tax rate is 22%.

  • a tax-deferred account that earns 5% per year will earn $5, and then the principal will increase to $105 for the next, and keep earning more money.
  • a taxable account will only have a $78 after taxes are paid, and if it earns 5%, then it will only earn $3.90 at the end of the year, and the principal will increase to $81.90.

8 0
2 years ago
Bayram had the opportunity to choose between two investments. The first investment was described as having a 30% chance of succe
DiKsa [7]

Answer:

a framing bias

Explanation:

Framing bias occurs when a person chooses an option based on whether it was presented in positive or negative terms. There is tendency to avoid risk on positive presentation, and seek risk on negative presentation. It is a form of cognitive bias.

On this scenario Bayram is to choose between two investments. One was said to have 30% chance of success and the other a 70% chance of failure.

Although both investments have the same risk and benefit Bayram chose the one that was presented as 30% chance of success.

This phenomenon of choosing based on positive presentation is called framing bias.

4 0
3 years ago
Krista goes to a store to buy a new liquid soap dispenser. When she purchases a new dispenser from the store she gets two liquid
MrRa [10]

Answer:

Captive pricing

Explanation:

Captive pricing is the pricing of products that have both a "core product" and a number of "accessory products.". In the question, when she purchase a dispenser(core product) she gets two liquid soap(accessory product) for free, so the pricing strategy to engage is the captive pricing.

7 0
3 years ago
Other questions:
  • The Oxide Mining Company acquired an iron ore deposit for $2,000,000. The company's geologist estimated the deposit to contain 1
    8·1 answer
  • Managers must have the tools and resources necessary to "steer" the organization through future unknown conditions and often thr
    15·1 answer
  • Kevin analyzes the quarterly earnings statements of some fifty obscure small-cap stocks. He then buys according to the earnings
    9·1 answer
  • The basic laws of forecasting help to avoid misapplication or misrepresentation of forecast results. Law 3 states, __________. M
    6·1 answer
  • Sheridan Company manufactures one product. On December 31, 2019, Sheridan adopted the dollar-value LIFO inventory method. The in
    10·1 answer
  • Make-or-buy decisions are ones that concern the procurement of raw materials for the manufacturing process.
    5·1 answer
  • Explain three factors that had a negative impact on the financial performance of Unibic in its early years.
    10·1 answer
  • Which is not a type of payroll deduction?
    6·2 answers
  • Explain why it is worthwhile to keep a theater open during the afternoon, at a time when there are fewer customers than in the e
    5·1 answer
  • Which approach to research is based on observing people in their own homes or​ communities?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!