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3 years ago

If a plan sets long term goals for an organization it is

Business

1 answer:

Archy [21]3 years ago

3 0

There are six types of business plans:

1. Start-up – details the steps to start a new business.

2. Internal - targets an audience within the business

3. Strategic - details company’s goals and how to achieve them, lays out a foundational plan for the company

4. Feasibility - describes the need for the product or service, makes recommendations

5. Operations - are internal plans that consist of elements related to company operations

6. Growth plans.- are expansion plans written for internal or external purposes

If a plan sets long-term goals for an organization it is strategic planning.

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The standard cost of product 777 includes 2.9 units of direct materials at $6.8 per unit. During August, the company bought 29,2

Olegator [25]

Answer:

Total Material Variance = $1,636 Favorable

Material Price Variance = $2,920 Unfavorable

Material Quantity Variance = $4,556 Favorable

Explanation:

Total Material Variance = Standard Cost - Actual Cost

Standard Cost = Standard units $\times$ Standard Price

Standard Units = 10,300 $\times$ 2.9 = 29,870 units

Standard cost = 29,870 $\times$ $6.8 = $203,116

Actual Cost = 29,200 $\times$ $6.90 = $201,480

Total Material Variance = $203,116 - $201,480 = $1,636 Favorable

Material Price Variance = (Standard Rate - Actual Rate) $\times$ Actual Units

= ($6.8 - $6.9) $\times$ 29,200 = - $2,920 Unfavorable

Material Quantity Variance = ( Standard Units - Actual Units) $\times$ Standard Price

= (29,870 - 29,200) $\times$ $6.8

= $4,556 Favorable

Final Answer

Total Material Variance = $1,636 Favorable

Material Price Variance = $2,920 Unfavorable

Material Quantity Variance = $4,556 Favorable

8 0

3 years ago

(Annuity payments) Prof. Finance is thinking about trading cars. She estimates she will still have to borrow $26,000 to pay for

AlekseyPX

Answer:

Explanation:

using the annuity formula = P=R*(1-(1+i )^-n)/i

p= 26000

i= 8.5/12=0.70833%

Payments=5*12=60

R=?

Since we have

26000=R*(1-(1+0.70833%)^-60)/0.70833%

26000=R* 0.34524/0.70833%

26000=R*48.74122

R=26000/48.74122

R=533.42931

7 0

3 years ago

Cave Hardware's forecasted sales for April, May, June, and July are $150,000, $250,000, $100,000, and $290,000, respectively. Sa

dmitriy555 [2]

Answer:

$160,000

Explanation:

The computation of budgeted cash payments in June is shown below:-

For computing the budgeted cash payments in June first we need to find out the may credit sales and June cash sales.

May credit Sales = May = $250,000 × 40% × 100%

= $100,000

and

June cash sales = $100,000 × 60%

= $60,000

Cash collection budgeted June = May credit Sales + June cash sales

= $100,000 + $60,000

= $160,000

5 0

4 years ago

One key goal of marketing is to

strojnjashka [21]

Answer:

Increase Sales and/or Revenue

If you are selling products or services, you may want to focus on selling more of those offerings. This is one of the marketing objectives that will increase revenue and the amount of money coming into your business.

Explanation:

Plz Mark me as brainliest

5 0

3 years ago

Read 2 more answers

How would your life be different if the us economu was not based on the economic principles expressed in the bill of rights, the

olga_2 [115]

The economy of the United States is in many ways influenced by the principles that are found in the Bill of Rights, the Declaration of Independence and the Constitution. If this was not the case, many aspects of daily life would be different.

For example, the economy of the country rests on the idea that all people are equal. Because of this, all people are allowed to participate in the economy, establishing businesses and buying and selling things. This is an idea that is found in the Declaration of Independence. Another idea found in this document is that people have the right to the pursuit of happiness. Because of this, people are allowed to chase their dreams and to try to obtain money to fund these. Finally, the Constitution establishes that government has limits, and because of this, it cannot interfere in the economy or in markets in any way it wants. All of these characteristics ensure that the economy functions in a way that allows you and others to benefit from it and use it to build your future.

4 0

3 years ago