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3 years ago

When is it not necessary to build a new market supply schedule?

Business

2 answers:

____ [38]3 years ago

6 0

Answer:

when there is a change in the price of a good

Explanation:

The market supply schedule is an economic strategy designed to help producers sell their products at a variety of prices. This schedule is characterized as a table where the producers list the products that will be sold at a variety of prices that that product can reach during a certain period of time. As each product is assigned to several possible prices, it is not necessary to redo the market supply schedule when there is a change in the price of a good.

ss7ja [257]3 years ago

5 0

It is not necessary to build a new market supply schedule when there is a change in the price of a good

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Internal failure costs are costs incurred ________. A. after the company delivers poorminusquality goods or services to custome

Grace [21]

Answer:

c. when the company corrects poorminusquality goods or services before delivery to customers.

Explanation:

Internal failure costs are costs incurred when the company corrects poorminusquality goods or services before delivery to customers.

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2 years ago

How do I become a business man?

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3 years ago

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Sales and Production Budgets Ultimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following

mixas84 [53]

Answer:

Part a

Ultimate Audio Company

Sales Budget

For the Month Ending June 30

Product and Area Unit Sales Volume Unit Selling Price Total Sales

Model U500 :

Northeast Region 140,000 $45 $6,300,000

Southwest Region 160,000 $45 $7,200,000

Total $13,500,000

Model U500 :

Northeast Region 100,000 $80 $8,000,000

Southwest Region 125,000 $80 $10,000,000

Total $18,000,000

Total Revenue from Sales $31,500,000

Part b

Ultimate Audio Company

Production Budget

For the Month Ending June 30

Model U500 Model S1000

Expected Units to be Sold 300,000 225,000

Add Desired Closing Inventory 30,000 15,000

Total 330,000 240,000

Less Desired Opening Inventory (25,000) (10,000)

Total Production 305,000 230,000

Explanation:

Note : I have attached the complete question as images below !

A Sales Budget shows the Total Expected Revenue from sale of budgeted units.

Total Revenue = Total Expected Units Sales x Selling Price Per Unit

A Production Budget shows the number of units to be produced to meet the Sales and Inventory targets

Total Production = Expected Sales + Desired Closing Inventory - Desired Opening Inventory

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3 years ago

On March 1, it was discovered that the following errors took place in journalizing and posting transactions:

kaheart [24]

Answer:

a. Reversal entry:

Debit Rent expense $4,650

Credit Miscellaneous Expense $4,650

Correct Entry:

Debit Rent expense $4,650

Credit Cash $4,650

b. Reversal entry:

Debit Accounts payable $3,700

Credit Cash $3,700

Correct Entry

Debit Cash $3,700

Credit Accounts Receivable $3,700

Explanation:

Reverse entry is to simply close to zero the original entry that has been made in mistake. Afterwards, record the correct entry to properly account the transaction.

To reverse the previously made entry, we simply debit what is credited and debit what is credited.

a. We need to close the rent expense credited by debiting it and credit the miscellaneous expense that is previously debited to zereod out the mistake recording. Then to record the correct entry, Debit Rent expense and Credit Cash at the amount $4,650

b. Just ike what we did on the previous transaction, we will debit the Accounts payable and credit the cash that has been recorded by mistake to zereod out the balance and then make the correct entry. Debit Cash $3,700 and credit Accounts receivable $3,700.

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3 years ago

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MakcuM [25]

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