Answer:
FALSE
Explanation:
A Business Intelligence system generate predictive outcome from the business operations from historical and current data. This data have been gathered from a data warehouse thus, the company still needs to maintain a data warehouse to feed the business intelligence system. As there is a need for a data warehouse, the statement is false.
Answer:
$2,065,000
Explanation:
The company has reduced the selling price by $1 to increase its sales. The marketing manager has suggesting price cutting strategy to stop decline in sales.
The cash collection according to revised budget will be as follows;
Q1 = 45,000 units sales * $7 per unit = $315,000
Q2 = 70,000 units sales * $7 per unit = $490,000
Q3 = 110,000 units sales * $7 per unit = $770,000
Q4 = 70,000 units sales * $7 per unit = $490,000
The total cash collection for the year will amount to $2,065,000
Answer:
$59,000
Explanation:
We will first determine the variable cost per unit
= $24,000/300
= $80
Contribution margin percentage =
$280 - ($80 - $1.10)/$280
= 0.72
= 72%
New break even point = $18,000/72%
= 25,000
Old break even point =
($280 - $80)/280
= 0.71
= 71%
= $18,000/71%
= $25,352
Margin of safety = $84,000 - $25,000
= $59,000