Answer:
B. Larger growth opportunities based on market size
Explanation:
Took the test and guessed it correctly
Answer: 21000
Explanation:
Direct materials inventory desired = 6,000
Purchase of direct materials budgeted = 5000
Pounds needed for production = 5000 × 4 = 20000
The number of pounds in Salter's beginning direct materials inventory on January 1 will be:
= Direct materials inventory desired + Pounds needed for production -
Purchase of direct materials budgeted
= 6000 + 20000 - 5000
= 21000 pounds
Answer:
The integration of those systems will have the power to improve the operations by giving more information and control to the managers and help them in the decision making process.
Explanation:
First of all, the name of "Supply Chain Management" refers to a system that is used in the companies in order to have information and control what it is known as the flow of the goods and services since the raw materials until the final good consumed by the final user.
Secondly, a "Customer Relationship Management" is another system that focus more priorily in the attention to the consumer and the relationship that the company has with him, meaning that in that system all the information related to the customer is held
Finally, an "Enterprise Resource Planning" is also a system that helps the managers to resolve the problems more superiors related to the high management and the decision making process that is involved in those areas due to the fact that it provides a continuous and real life time focus of the situation of the company as a whole.
To sum up and in order to respond to the question, those three systems can help any business to improve its operations due to the simply fact that it will have a major control of what happens and that will mean more information for the decision making process that will lead to better results and profits.
Answer:
income tax expense 18,000
Explanation:
we have to calcualte the taxable income on each bracket:
1st 20,000 tax free
$20001 to $40,000 are taxes at 20% Thus, 4,000 income tax
$40,001 to $60,000 are taxes at 30% Thus, 6,000 income tax
$60,001 to $80,000 are taxes at 40% Thus, 8,000 income tax
In total the income tax will be for $18,000
Answer:
Dr Income summary 52,500
Cr Sales Returns and Allowances 3,000
Cr Sales Discounts 1,500
Cr Depreciation Expense 25,000
Cr Salaries Expense 23,000
Explanation:
Preparation of the second closing entry
Based on the information given the second closing entry will be :
Dr Income summary 52,500
(3,000+1,500+25,000+23,000)
Cr Sales Returns and Allowances 3,000
Cr Sales Discounts 1,500
Cr Depreciation Expense 25,000
Cr Salaries Expense 23,000
(Being To record closing of expenses and contra sales accounts
