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1 year ago

In business, a specific commitment to achieve a measurable result within a stated period of time is called a ______.

1 answer:

4 0

In business, a specific commitment to achieve a measurable result within a stated period of time is called a goal.

What is business?

The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.

Every business are the specific goal are the commitment to the short and the long period of the time are the measurable of the goal. The goal are the aim of the company to achieve in the future.

As a result, the business are the to achieve a measurable result within a stated period of time is called a goal.

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Answer:

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3 years ago

Monty Company expects to have a cash balance of $58,410 on January 1,

hodyreva [135]

Answer:

The ending cash balance of Jan is $ 68145 which is more than $58,410 . We get this balance after the borrowings. The cash balance is $ 18172 for February .

Explanation:

Monty Company

Cash Budget

January February

Beginning Cash Balance 58410 35695

Add Receipts

Collections from Customers 110330 194700

Sale of Marketable Securities 15576 0

Total Receipts 125906 194700

Total available Cash 184316 230395

Less Disbursements

Direct Materials $64,900, $97,350

Direct labor: $38,940, $58,410

Manufacturing overhead: $27,258, $32,450

Depreciation ($1,947) ( $1,947)

Selling and

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Total Disbursements 148,621 212,223

Excess 35,695 18172

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Add Borrowings $32,450 0

Less Repayments 0 0

Ending Cash Balance 68145 18172

Receipts are added to the cash balance to get the total available cash .

Total cash disbursements are subtracted from the total available cash to find the excess amount from which the repayments are subtracted and borrowings are added to get the ending cash balance.

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3 years ago

Night Shades, Inc. (NSI), manufactures biotech sunglasses. The variable materials cost is $11.13 per unit, and the variable labo

dolphi86 [110]

Answer:

Part a. What is the variable cost per unit?

Variable Cost per Unit is $ 11.13+ $ 7.29 = $18.42

Part b. What are the total costs for the year?

Production for the year is 190000 units

Calculation of Total Production = Variable costs + Fixed Costs

= 190000 units × $18.42 + $875,000

=$ 4,374,800

Part c. If the selling price is $44.99 per unit, does the company break even on a cash basis?

The Company Breaks Even when

Total Sales Revenue = Total Production Costs

Total Sales Revenue = $44.99 × 190000

= $ 8,548,100

Total Sales Revenue $ 8,548,100 > Total Production Costs $ 4,374,800

Therefore Company does break even on a cash basis

Part c. If depreciation is $435,000 per year, what is the accounting break-even point?

Total Production Costs = $4,374,800+$435000

= $4,809,800

Therefore accounting break-even point is $4,809,800 Sales

Explanation:

Part a. What is the variable cost per unit?

Variable Cost are costs which Vary with the level of Activity.

Part b. What are the total costs for the year?

Calculation of Total Production Costs= Variable costs + Fixed Costs

Part c. If the selling price is $44.99 per unit, does the company break even on a cash basis?

Break-Even Point is the Point when the company neither makes a profit or a loss

Total Sales Revenue $ 8,548,100 > Total Production Costs $ 4,374,800

Therefore Company does break even on a cash basis

Part c. If depreciation is $435,000 per year, what is the accounting break-even point?

In simple terms the break even point in Sales Revenue is equal to all Variable plus fixed costs

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