Answer:
Retail store managers need to serve customers and make sure they’re supporting their sales personnel. They oversee stocking, make sure promotions and signage are current, and schedule employees. With the rise in internet sales, though, that role has gotten more complicated.
Explanation:
Answer:
Material requirements planning
Explanation: This is defined as the detailed planning process for components and parts to support the master production scheme
A computer-based materials management system that calculates the exact quantities, need dates, and planned order releases for subassemblies, component part and materials required to manufacture a final product
The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 20% of the following month’s sales. The inventory at the end of March was 10,800 units. Required: Prepare a production budget for the second quarter; in your budget, show the number of units to be produced each month and for the quarter in total.
Answer: The total production for the quarter is 2,28,600. Monthly production is 58,200 78,800 and 91,600
units for April, May and june respectively.
April May June July
Forecasted Sales 54000 75000 94000 82000
less: Beginning Inventory - 10800 - 15000 - 18800
Current month's production 43200 60000 75200
Add: 20% of next month's sales +15000 +18800 +16400
Total monthly production 58,200 78,800 91,600
Total units for the quarter 2,28,600
Answer:
$403,142
Explanation:
To calculate the amount of money that Harrison Inc. should record for its investment in Rhine Company on January 1, we have to add the initial cash payment plus the weighted future value of contingency.
total investment = $400,000 + $3,142 = $403,142
Answer:
A. True
Explanation:
The main difference between accrual and cash basis accounting lies in the timing of when revenue and expenses are recognized. The cash method is a more immediate recognition of revenue and expenses, while the accrual method focuses on anticipated revenue and expenses.
