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Helen [10]
3 years ago
9

Why is important to know your strengths and weaknesses? Do you have more strengths or weaknesses? What can you do to help improv

e your weaknesses? How can your strengths help you in school and help you getting a job?
Business
1 answer:
Dafna1 [17]3 years ago
6 0
It is important to know your strengths and weaknesses because it gives you the ability to know how to properly handle situations. Due to the fact that you are aware of your strengths and weaknesses you know what you’re capable of in and out of the work environment or school. I definitely believe individuals have more strengths than weaknesses. Everybody has a specific skill set, meaning they have things that they know how to do very well. To improve one’s weaknesses one could pinpoint just one thing they are struggling with and continue to work at it. For example, if one weakness is not being the most successful in math, one could put in an extra thirty minutes to an hour working on math problems. Or maybe even get a tutor. Your strengths can be helpful in school or when getting a job because it allows you to be successful at certain things. For example, if one of you’re strengths is that you’re great at communicating, you could get a customer service job easier than someone who is not strong in that area.
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Brighton, Inc., manufactures kitchen tiles. The company recently expanded, and the controller believes that it will need to borr
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a) Schedules Computing Inventory Budgets by months

a1) for Production:

                                          April           May          June       Total

Beginning Inventory     120,000    100,000      120,000        120,000

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Less Ending Inventory 100,000    120,000      120,000        120,000

Units sold                    520,000    480,000     500,000    1,500,000

a2) Raw Materials Purchases in pounds

                                                   April           May

Ending inventory                    50,000        50,000

Raw materials required        125,000       125,000

Raw materials available        175,000       175,000

Beginning Inventory              58,000        50,000

Purchases                            117,000        125,000

Purchases value $4 per pound $468,000    $500,000

b) Projected Income Statement for May:

Net Sales                                                          $1,970,000

Cost of goods sold:

Finished Beginning Inventory $480,000

Cost of production                   1,460,000

less closing inventory                480,000       $1,460,000

Gross profit                                                        $510,000

Selling expenses                    $200,000

Administrative expenses          155,000         $355,000

Net Income                                                      $155,000

Explanation:

a)    Sales =                             $2,000,000

less cash discounts (1%)            ($20,000)

less bad debts expense (0.5%) ($10,000)

Net Sales =                             $1,970,000

c) Sales Budget

                         April           May            June             July              Total

Sales units   600,000     500,000      600,000       600,000       2,300,000

Sales value$2,400,000 $2,000,000 $2,400,000 $2,400,000$9,200,000

d) Cost of Production:

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Cost of raw materials used   $500,000

Labor                                        390,000

Variable overhead                    180,000

Fixed overhead                       390,000

Total                                    $1,460,000

e) Budgets are financial tools to forecast an entity's projections for sales, production, expenses, and cash balances.  They help to anticipate developments ahead of time in order to plan for them and to prepare for unanticipated occurrences.

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With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.

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