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erastova [34]
1 year ago
6

Budgeting - The Production Budget (2pts): Spanasonic Co. manufactures batteries for electric vehicles. Management reports ending

finished goods inventory for the third quarter of 2022 at 24,000 units. The following unit sales are budgeted for fourth quarter 2022 and first three quarters of 2023: - fourth quarter 2022: 120,000 units - first quarter 2023: 125,000 units - second quarter 2023: 122,500 units - third quarter 2023: 128,000 units Company policy calls for the ending finished goods inventory of a quarter to equal
20%
of the next quarter's budgeted unit sales. Prepare a production budget for the period covering fourth quarter 2022 and first and second quarters of 2023 that shows the budgeted number of batteries the firm would need to manufacture. Use proper formatting, making sure to include the firm's name, the name of the budget, and the budget period. You must show all of your work.
Business
1 answer:
Doss [256]1 year ago
4 0

Production budgets are used by manufacturers to determine the quantity of product units that will be produced. Based on the predicted sales, the production budget is chosen.

Regarding projected inventory levels, it is modified in accordance with the company's inventory policy. A manufacturer creates cost budgets for the direct materials, direct labour, and overhead expenses needed for manufacturing based on the production budget.

The company's inventory policy should be kept in mind while creating a production budget. The production budget is built on the sales budget, with changes made for starting and ending inventories.

The company's inventory management strategy affects the production budget as well. Depending on the company's strategic outlook, inventories may be increased or decreased.

For the given question, the production budget is prepared and attached in the form of an image.

Learn more about Production Budget here: brainly.com/question/13061264

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The people or organizations that may be receptive to your sales pitch are referred to as:______.
vaieri [72.5K]

The people and/or organizations that may be receptive to a sales pitch.--

prospects

What does pitch deck means?

A pitch deck is a presentation deck that is used to pitch your idea or company to any number of audiences, generally investors. One of the single most important aspects of creating an effective pitch deck is to organize it based on the audience and forum to which it is being presented.

What's a prospect in marketing?

Marketing prospects are those contacts who might become leads – in other words, 'prospective' leads. An example is an email list. Before any action has been taken, all contacts are prospective leads. They will become leads proper when they have confirmed their interest.

What is the importance of prospect?

Prospects fit your target market, have the means to buy your product or services, and are authorized to make buying decisions. A lead is an unqualified contact, while a prospect has been vetted to fit the defined criteria. Prospect tracking is important for the sales process

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8 0
1 year ago
how should trash and recyclables be stored food in an area only accessible to employees in a well ventilated space in a manner t
strojnjashka [21]

Trash and recyclables should be stored in the following ways:

  • double bagged and stacked.
  • in a well ventilated space.

<h3>What is pollution?</h3>

Pollution can be defined as the physical degradation, destruction or contamination of the environment, especially through littering of waste products (garbage) or an emission of hazardous, poisonous, and toxic chemical compounds by various factories and industries.

<h3>What is recycling?</h3>

Recycling can be defined as a waste (trash) management technique that involves the process of converting a raw material that has reached the end of its life cycle into new and reusable items.

According to the Environmental Protection Agency (EPA), trash and recyclables should be properly stored through methods that are friendly and unharmful to the ecosystem.

In this context, we can reasonably infer and logically deduce that trash and recyclables should be stored in the following ways:

  • double bagged and stacked.
  • in a well ventilated space.

Read more on trash and recyclables here: brainly.com/question/24588352

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Complete Question:

How should trash and recyclables be stored?

inaccessible to pests

double bagged and stacked

in a well ventilated space

in an area only accessible to employees

8 0
2 years ago
You are preparing a presentation on networking for a professional development seminar that your company is hosting for its emplo
Stells [14]

Answer:

  1. c. Any pattern, particularly with audience involvement
  2. a. Warm, pleasant, and open

Explanation:

As this is a follow-up presentation, it would be best to find out how the participants have fared in relation to the subject since the last presentation. For this reason, the main focus is audience involvement so any patter is fine so long as audience participation is emphasized.

The delivery style that would best work here is a warm, pleasant and open one. This would encourage audience involvement and it can be more easily pulled off because you have good relationships with all the registered participants.

5 0
3 years ago
Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0
Nadya [2.5K]

Answer:

$2080

Explanation:

Given: Cost of generator= $11000.

           Residual value= $1000.

            Estimated life of generator= 5000 hours.

            Actual activity performed during the period= 1040 hours.

Now, finding the depreciation expense for the first year using the units-of-activity method.

Formula; Depreciation\ expense= \frac{(cost- residual\ value)}{Total\ estimated\ life\ time\ activity} \times actual\ activity\ performed

⇒ Depreciation expense= \frac{(11000-1000)}{5000} \times 1040

Opening parenthesis

⇒  Depreciation expense= \frac{10000}{5000} \times 1040

⇒  Depreciation expense=  2 \times 1040 = \$ 2080

Hence, the depreciation expense for the first year using the units-of-activity method of depreciation is $2080.

3 0
3 years ago
The b2b market includes:____.
Nikolay [14]

Manufacturers and governmental organizations are included in the b2b market.

<h3>What does "B2B marketing" mean?</h3>

Marketing to businesses: Business-to-business marketing, as its name suggests, refers to the promotion of goods and services to other corporations and enterprises. It differs significantly from B2C marketing, which is focused on customers, in a number of important ways.

It refers to any marketing tactic or piece of material used by one company to promote to and sell to another company. For instance, B2B marketing is frequently used by businesses that sell goods, services, or SaaS to other businesses or organizations. The LinkedIn B2B brand strategy for Monday.com is a fantastic illustration of B2B marketing.

Business-to-business marketing is referred to as B2B marketing. In contrast to B2C (business-to-consumer) marketing, this type of advertising involves the producer generating demand among other companies and organizations. B2B marketers target groups of customers at ideal accounts rather than single consumers.

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3 0
2 years ago
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