Answer:
a) production units = 450,000
b) Amount of raw materials = 1,010,000.
Explanation:
The production budget is computed as follows;
Production budget = Sales budget + closing inventory - opening inventory
Production budget= 480,000 + 50,000 - 80,000
= 450,000 units
<em>The raw material purchase budget is the amount of material to be purchased to accommodate production need and inventory of materials to be kept.</em>
Purchase budget = usage budget + closing inventory - opening inventoy
Purchase budget = (2× 500,000) + 45,000 - 35,000
= 1,010,000.
With the designation of FOB Sweet Store, Tasty Candies is liable for all damages in transit until the product reaches Sweet Store.
Answer:
B. Revise policies and procedures in ways that will help drive cultural change and replace senior executives who are resisting and obstructing needed organizational and cultural changes.
Explanation:
Culture of a company are the accepted ways of doing things on a daily basis with a view of achieving organisational goals. It includes the way employees interact with one another and their customers, procedures carrying out tasks, and so on.
The management of the company are the drivers of company culture, so a substantiative culture-changing action that can be taken to solve a problem culture will include replacing senior executives who are resisting and obstructing needed organizational and cultural changes, and revising policies and procedures in a way that will drive culture change
Answer:
List is as follows:
(a) Accounts payable - B
(b) Inventory - B
(c) Interest revenue
- I
(d) Long-term debt
- B
(e) Net cash used for financing activities - C
(f) Salary expense
- I
(g) Cash h. Dividends - B, C
(h) Dividends
- R, C
(i) Increase or decrease in cash - C
(j) Net income - I, R, C
(k) Net cash provided by operating activities - C
(l) Retained earnings - R, B
(m) Sales revenue -I
(n) Common stock - B
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