Answer:
Callie's Gross Profit is $562000
Explanation:
Gross profit is the profit earned by a business after deducting the costs associated with producing or selling its goods (for manufacturing and trading businesses) or the costs associated with providing the services (for service businesses) from the net revenue.
It is the profit from the trading section of the business before deducting the operating and financing expenses of the business and before adding any other income.
The gross profit is simply calculated as follows,
Gross Profit = Net Revenue - Cost of Goods Sold
Callie's gross profit = 940000 - 378000
Callie's Gross Profit = 562000
Answer:
d. Times New Romab
Explanation:
A project communication matrix is a tool used to assess communication and improve efficiency of communication.
Components of a communication matrix includes:
a. Communication methods
b.Communication timing
c. Communication cost
d. The sender and receiver
e. Follow through
F. Maintenance
I hope my answer helps you
Answer:
a. Maturing of a product
When the product reaches its maturity stage, its sales volume reduces considerably. This would require different marketing strategies like product enhancement, price changing or developing new designs, etc.
b. Technology innovation in the manufacturing process
This will cause many changes in the strategy as technological innovation would reduce manual labor cost. Also, the organization would need skilled employees to deal with the new technology.
- Cost cutting is instituted.
- Product changes decrease.
- Design compromises are instituted.
- Labor Skills decrease
- Optimum capacity may be achieved
- Manufacturing process stabilizes
Answer:
Purchases= 19,625 pounds
Explanation:
Giving the following information:
Production in units:
February= 20,000
March= 18,500
The inventory of materials at the end of each month should equal 25% of the following month's production needs.
<u>To calculate the purchases of raw materials, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 20,000 + (18,500*0.25) - (20,000*0.25)
Purchases= 19,625 pounds
X $4000
Y $6000
Explanation:
Let w be invested in Stock X,
Correlation = -1
Standard Deviation = w(0.75) - (10,000 - w)(0.50)
So,
For standard Deviation to be 0,
0 = 0.75w - 5,000 + 0.50w
w = $4,000
Amount invested in Stock X = $4,000
Amount invested in Stock Y = $6,000
