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levacccp [35]
3 years ago
13

Simon and his managers are discussing the unemployment, inflation, and interest-rate trends that might affect their chain of san

dwich shops over the next 12 months and the projected growth in the areas where the stores are located. The managers are studying the _________ forces in their organization's general environment.1. economic
2. technological
3. socio-cultural
4. international
5. political
Business
1 answer:
Mashutka [201]3 years ago
3 0

Answer:

1. economic forces

Explanation:

Economic forces -

It refers to the factors , which include the area of interests like , the fiscal policies , monetary value , deflation , inflation , natural disaster , employment , interest rates etc . , is referred to as the economic forces .

The better the economic forces of a particular country , better is the economy of the country , or vice versa .

The economic force is very important to study about the country .

Hence , from the given scenario of the question ,

The correct option is 1. economic forces .

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The company Lucy works for is made of cross-functional teams that focus on the project at hand. The projects they get are extrem
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Answer:

Small batch and unit production.

Explanation:

Small batch and Unit production -

In this type of production , the primary focus of the organisation , is the satisfaction of the customer and is based on the preference of the customer .

For this type of manufacturing process , skilled labor and planning is very important to customize and prepare any good or service .

sometimes , the complete team focus on the production of the product one at a time , with lot of caution .

Hence , the information given in the question , the type of manufacturing process is best describes as Small batch and unit production .

6 0
3 years ago
The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation achi
nata0808 [166]

Answer:

Margin Of Safety= $275,862

Explanation:

We can calculate the margin of safety easily by the formula given below

Formula: Margin of safety = Budgeted sales - Breakeven sales

As breakeven sales are not given in the data Firstly we need to find out break even sales in order to calculate margin of safety

Breakeven sales=  \frac{Total fixed cost}{Contribution margin ratio}

As you can see in the data fixed cost s given but contribution margin ratio is not

Contribution margin(Sales revenue - All variable cost)= $1,000,000 - ($270,000 + $240,000 + $150,000 + $50,000) = $1,000,000 - $710,000 = $290,000

Sales price per unit = Total sales/Number of units sold

Sales price per unit=  $1,000,000/50,000 = $20

Budgeted contribution margin= $290,000/50,000 = $5.80

Contribution margin ratio = Budgeted contribution margin per unit/Sales price per unit

Contribution margin ratio = $5.80/$20 = 29%

Lets put values in breakeven formula to find breakeven sales

Breakeven sales=  \frac{Total fixed cost}{Contribution margin ratio}

Breakeven sales=\frac{210000}{0.29}

Breakeven sales= $724,138

Now we have both budgeted sales and breakeven sales, we can  easily calculate e of safety

Margin of safety = $1,000,000- $724,138

Margin of safety = $275,862

7 0
3 years ago
Sunland Company made a $24700 sale on account with the following terms: 2/10, n/30. If the company uses the gross method to reco
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Answer:

The debit in the journal entry to record sale is Accounts receivable debit by $24700.

Explanation:

The gross method requires a company to record the sale at the gross value i.e. without deducting the discount allowed. Thus, under Gross method, the sale is recorded at its actual value. The entry to record this sale is:

Accounts Receivable    24700 Dr

       Sales revenue              24700 Cr

Thus, in this entry under gross method, the debit is Accounts receivable by $24700.

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Trey owns 250 shares of common stock in a toy–store company. this means that he owns a percentage of the company based on the pr
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Vote is the correct answer
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