Answer:
C) Flexible
Explanation:
The whole concept behind budgeting is that future costs are estimated. As always when you estimate some future event, there is a fair chance that your estimate will be mistaken.
No matter how well thought, calculated and recalculated your budget is, it usually only serve as a parameter. The fact that budgeting is not exact is not always bad, since your business sales can be higher than expected, so your whole production and costs budgets will be wrong, but for a good reason.
That is why budgets must always be flexible and easily adaptable to changes, either good or bad changes.
Answer:
a.the reorder point = lead-time demand
Explanation:
The reorder point is when there needs to be a replenishment of depleted stock of inventory.
Lead time is the time between when an order is placed and when delivery of goods and services is made.
So when there is constant demand and fixed lead time, there is no need to keep excess inventory as demand has been anticipated and inventory for the demand is available.
Also the lead time demand from order to delivery is also fixed because demand has been provided for already.
Thus reorder point= lead time demand
Answer:
Explanation:
a. Raw material needed to make one unit
Alpha = 25/5 = 5 Pound
beta = 10/5 = 2 Pound
b. Contribution margin per pound
Alpha Beta
Selling price 130 90
Direct material 25 10
Direct labor 22 21
Variable manufacturing overhead 17 7
Variable selling expenses 14 10
Contribution margin per unit 52 42
pound per unit 5 2
Contribution pound per pound 10.4 21
c. product mix
Pound Unit
Beta 62000*2 = 124000 62000
Alpha 38000 38000/5 = 7600
Total 162000
d. Maximum contribution margin = (62000*42+7600*52) = $2999200
e. Highest price = 10.4+5 = 15.40 per pound
As consumers become more reliant on goods and services like high-speed internet connections, cellphones, computers, and TV broadcast services, the communication business is in great demand.
The demand for products and services in the communication sector is high, but costs have decreased as a result of increased competition brought on by a growth in the number of businesses providing these goods and services. The internet became more popular and less expensive in 2000 as a result of industrialization and technological development. This allowed people to conduct browsing, assist students in learning from the web's resources, facilitate communication, and assist in running their own businesses, ushering in a new period of economic expansion. The use of modern technology has sped up, made more convenient, and reduced the cost of international communication.
The development of technology has made monotonous jobs simple.
Nowadays, machines may be programmed to perform all arduous tasks.
Additionally, international business transactions have become simple.
Since data monitoring and analysis can now be completed much more quickly than in the past, even research and scientific studies have become simple.
Learn more about communication hear :
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