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ser-zykov [4K]
3 years ago
9

A plan that reports the units or costs of merchandise to be purchased by a merchandising company during the budget period is cal

led a:
Business
1 answer:
Tanya [424]3 years ago
7 0

Answer:

Merchandise purchases budget.

Explanation:

The Merchandise purchases budget is a plan that reports the units or costs of merchandise to be purchased by a merchandising company during the budget period.

It is prepared by a retail company to make sure it has sufficient inventory on hand. It uses the budgeted sales figures from the Sales Budget to decide the quantity of inventory to be bought at each period

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Standard rate per direct labor-hour $ 2 Standard direct labor-hours for each unit produced 3 Units manufactured 1,000 Actual dir
Nastasia [14]

Answer:

Variable overhead efficiency variance= $600 unfavorable

Explanation:

Giving the following information:

Standard rate per direct labor-hour $2

Standard direct labor-hours for each unit produced 3

Units manufactured 1,000

Actual direct labor-hours worked during the month 3,300

<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>

<u></u>

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1,000*3 - 3,300)*2

Variable overhead efficiency variance= $600 unfavorable

5 0
3 years ago
What is strategic prospecting and what is each stage in the strategic prospecting process?
elixir [45]

Answer:

A process designed to identify, qualify, and prioritize sales opportunities, whether they represent potential new customers or opportunities to generate additional business from existing customers

Explanation:

1) Generating Sales Leads

-Qualifying sales leads

2) Determining Sales Prospects

3) Prioritizing Sales Prospects

4) Preparing for Sales Dialogue

5) Remaining stages in the trust-based sales process

8 0
3 years ago
The buyer is assuming a mortgage presently on the property in the amount of $110,000. What is the adjustment made at closing
irina [24]

Answer:

debit seller 110k

credit buyer 110k

Explanation:

3 0
3 years ago
While the percentages may not hold in a particular industry, the ______ rule suggests that a small fraction of customers provide
Talja [164]

Answer:

The correct answer is 80/20.

Explanation:

The Pareto Principle was described by economist and sociologist Vilfredo Pareto, which specifies an unequal relationship between inputs and outputs. The principle states that 20% of what goes into or is invested is responsible for 80% of the results obtained. In other words, 80% of the consequences derive from 20% of the causes; This is also known as the "Pareto rule" or the "80/20 rule."

The principle does not stipulate that all situations are going to show exactly this relationship, it refers to a typical distribution. In general, the principle can be interpreted as a minority of causes deriving from most of the results.

5 0
3 years ago
Which of the following is not true regarding the outcome of a consumer’s optimization process? Group of answer choices a.the con
Vlada [557]

Answer:

Option A                      

Explanation:

The expenditure limit reflects the profits of a customer, so efficiency happens when customers may reach the lowest potential curve of disregard towards their income bracket.  In other terms, there will be less use of another product, when more of that item is eaten.

Thus, if we carefully focus then we can realize that the whole point of doing customer optimization is to make sure that customer gets clear about their preferences.  

4 0
3 years ago
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