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seropon [69]
3 years ago
7

Steve, an engineer in a construction company, is at present working on a home construction project. the home is being built for

the robinson family, the owners of the home. steve is working with his project team and support staff to ensure the project is completed on time. in such a scenario, the project sponsor is
Business
1 answer:
Varvara68 [4.7K]3 years ago
7 0
Projects are temporary endeavors whereas an organisation's operations are ongoing in nature.The Role of a project sponsor is to provide direction and funding for a project. In this case, Steve is working with his project team and support staff to ensure the project is completed on time and the project sponsor is Robinson family.
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Which of the following jobs is referred to as a trade?
Tpy6a [65]
Carpentry

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3 0
3 years ago
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The financial statement that presents a summary of the revenues and expenses of a business for a specific period of time, such a
adelina 88 [10]

Answer: Income statement.

Explanation:

Also known as the profit and loss account, the income statement is a financial record that shows the amount of money that a business establishment receives and spends during a certain period (week, month or year). The profit or loss is determined by subtracting the expenses from the income during a period.

6 0
3 years ago
Beachside Co. sells two products, Skis and Snorkels. Last year Beachside sold 12,600 units of Skis and 23,400 units of Snorkels.
sasho [114]

Answer:

Weighted average selling price= $94

Explanation:

Giving the following information:

Sales in units:

Skis= 12,600

Snorkles= 23,400

Total= 36,000

Product: Unit Selling Price

Skis= $120

Snorkels= $80

We need to calculate the weighted average selling price per unit for the company as a whole.

<u>First, we need to calculate the participation of each product on sales:</u>

Skis= 12,600/36,000= 0.35

Snorkles= 23,400/36,000= 0.65

Weighted average selling price= (0.35*120) + (0.65*80)= $94

8 0
3 years ago
Which of the following statements is​ correct?A.A bank statement must be mailed to customers each month.B.Physical copies of can
ale4655 [162]

Answer:

The correct answer is 'A'

Explanation:

A bank statement refers to a document that is a part of the statement of account of a customer that is sent to the customer by the bank every month. It also summarizes the transactions of the account held by the customer within a month.

8 0
3 years ago
Read 2 more answers
Marigold Corp. uses the periodic inventory system. For the current month, the beginning inventory consisted of 477 units that co
Blizzard [7]

Answer:

COGS= $81,770

Explanation:

Giving the following information:

Beginning inventory= 477 units that cost $65 each.

Purchases:

715 units at $68 each

364 units at $70 each.

Units sold= 1,197

<u>To calculate the cost of goods sold under the LIFO (last-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>

COGS= 364*70 + 715*68 + 118*65

COGS= $81,770

7 0
3 years ago
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