Answer:
The correct answer is letter "A": company sales potential; market potential.
Explanation:
Company sales potential is the expected amount of sales of a company given a specific sector in the market. It is presumed that the company has carried out marketing strategies and investment for the levels desired to be achieved. In the example, that level is 20%.
The market potential is the size of the market for a given product within a period of time. It is usually expressed in monetary terms since it expresses the number of sales value or volume during the period. In the example, that amount is $30 million dollars.
The correct answer is d). We have that government spending can also give way to products and services, just like private enterprises, thus there is no double-counting there. Services such as haircuts have their own value, which are separate from any other material products. Finally exports are also not counted twice; Raw materials though would be counted twice if we counted them for the GDP since their value is incorporated in the value of the final product. For example, we cannot count towards the GDP the value of rubber production in a country since then, if we counted the value of the tires too, we would count the value of the rubber in the tires twice (one time as rubber/ one time as part of the tire).
Answer:
Nancy needs to have a bachelor’s degree or master’s degree in<u><em> business administration</em></u> and good <u><em>communication</em></u> skills.
Explanation:
The major roles that a business development manager has to perform are:
- maintain good contacts with the clients and provide information to the new clients.
<em>To get a job as a business development manager, a person should have a degree in business management, administration or another degree pf equivalent value.</em>
<u><em>A person aspiring for this shall have a vast knowledge about business and also should have good communication skills.</em></u>
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Answer:
D. $485,030
Explanation:
Total manufacturing cost for the job = $836,250
Total number of units produced 15,000
Unit product cost $55.75
Manufacturing overhead cost applied
$221,600
Actual manufacturing overhead cost $204,880
Over applied overhead $16,720
The direct method of determining cost of goods sold
Unadjusted cost of goods sold
(9,000 units × $55.75 per unit)
$501,750
Less over applied overhead
($16,720)
Cost of goods sold $485,030
Answer:
Lost Inventory would be $2.000
Explanation:
Consider the following calculations and variables
- Inventory cost at beginning : $1000
- Purchase : $13,000
- Sales : $20000
- cost of Goods Available = $1000 + $13,000 = $14,000
- Gross Profit percentage is 40%. So Cost of Goods Sold = 100-40 = 60%
- Cost of Goods Sold = $20000 * 60% = $12000
- Ending Inventory = Cost of Goods Available - Cost of Goods Sold = $14000 - $12000 = $2000
Lost Inventory would be $2000
