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WINSTONCH [101]
3 years ago
13

You are expected to do a presentation of your business plan to a group of potential investors. Explain how you would respond to

questions in a non-aggressive and professional manner
Business
1 answer:
UNO [17]3 years ago
7 0
Questions from potential investors will be related to the functionality of the business plan presented. These questions have to be answered in a professional manner in the sense that the presenter has to be friendly and accommodating in his attitude. He should make eye contacts with the questioners. Each question should be answered with the goal of making the questioner understand the question that is bothering him or her. Answers should be given in a formal and explanatory tone that suggest that the presenter knows what he is talking about.
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Capable Golf Cart, Inc. (CGC) manufactures two models of golf cart: LX and EX. The budget data for next month is available. LX E
Nuetrik [128]

Solution :

1. Allocation on the basis of $\text{Direct labor hours}$

                                              LX                               EX

Direct Material                    125000                       90000

Direct $\text{labor}$ cost                  90000                       60000

Manufacturing overhead      $81000$                        $121500$

                              (202500/5000 x 2000)     (202500/5000 x 3000)

Total cost                             296000                       271500

Units produced                       50                               30

Cost per unit                          5920                           9050

2. Allocation on the basis of $\text{Direct labor costs}$:

                                              LX                               EX

Direct Material                    125000                       90000

Direct labor cost                  90000                       60000

Manufacturing overhead    121500                       81000

                        (202500/150000 x 90000)     (202500/150000 x 60000)

Total cost                             336500                       231000

Units produced                       50                               30

Cost per unit                          6730                           7700

3. Allocation on the basis of $\text{machine hours}$

                                              LX                               EX

Direct Material                    125000                       90000

Direct labor cost                  90000                       60000

Manufacturing overhead    112500                        90000

                              (202500/2700 x 1500)     (202500/2700 x 1200)

Total cost                             327500                       240000

Units produced                       50                               30

Cost per unit                          6550                          8000

5 0
3 years ago
Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process are referred
Vlad [161]

Answer:

Period costs

Explanation:

Period costs are Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process. These cost are not related directly to the production process. These costs cannot be capitalized on the company's balance sheet. They are expensed in the period in which they were incurred and are included in the financial statement during their assigned accounting period.

5 0
3 years ago
Kathy, Sue, and Christina own a bakery. Each day all three women spend hours baking cakes, decorating cakes, and packaging cakes
Andreyy89
I believe the correct answer is C. specialization.
If they divide their work between themselves, it will be easier for them to get the job done more quickly. If Kathy specializes in baking, Sue in decorating, and Christina in packing, instead of doing all of these together, they won't spend as much time working.
6 0
3 years ago
A situation factor influencing the starbucks consumer would be:
never [62]
<span>Situation factors and situational influences that are temporary conditions that affect how buyers behave. From these factors depends if the customer will buy the product,buy several of will not buy it at all.
The situation factor can be social, physical, time...
Starbucks uses the physical situation factor : the location of its stores. Starbucks has always central position.</span>
3 0
3 years ago
The effect of a decline in taxes on the level of income will differ somewhat from an increase in government expenditures of the
Vlad1618 [11]

Answer:

b. households may not spend all of an increase in disposable income.

Explanation:

Reduction of taxes and an increase in government spending are both expansionary fiscal policies undertaking by a government. Their objective to stimulate economic growth in times of economic downturns. Reducing taxes and increase government spending increases the money supply in the economy.

An increase in the money supply increases the demand for goods and services. Firms increases production to meet the new demand.  Increased government expenditure is likely to be effective in stimulating economic growth than reducing taxes with a similar amount. The government will spend the entire amount of public projects which achieve the desired effects. A reduction in taxes may not be as effective because households may not consume the entire amount as intended.

4 0
3 years ago
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