What is essential to delivering a successful presentation?

When writing goals, it is helpful to remember the acronym SMART. Different people associate different words with each of the let

borishaifa [10]

Answer:

a. I will hire three new salespeople prior to our next product release.

Explanation:

Smart goals are specific, measurable, attainable, result oriented and time bound. When a new product is released, new sales person will help boost sales of the product. The sales person will inform customers about the new product features and specifications. The customers will be able to choose the product based on their preference.

3 0

3 years ago

The manager of Brick Company is given a bonus based on income before income taxes. Net income, after taxes, is $11,200 for FIFO

Snezhnost [94]

Answer:

b. $400

Explanation:

Brick Company

Calculation of how much higher the manager's bonus will be if FIFO is adopted instead of LIFO

Using this formula

(Net income FIFO - Net income LIFO)×Bonus rate

($11,200 -$9,800) × .20

=$1,400×.20

= $280

Hence,

$280 ÷(1 - tax rate 30%)

$280÷0.7

= $400

Therefore the amount higher that the manager's bonus will be if FIFO is adopted instead of LIFO would be $400

8 0

3 years ago

Due to evaporation during production, X-treme Building Styrofoam Company requires 4 pounds of material input for every 1 pounds

Butoxors [25]

Answer:

The total standard allowed input quantity given the good output produced is 15,800 pounds.

Explanation:

From the question, for every 4 pounds of material input, 1 pounds of styrofoam sheets is manufactured. This means that to produce x pound of good sheet, 4 times x material input would be required.

Therefore for the company to have produced 3,950 pounds of good sheets,

The material input

= 4 × 3950

= 15,800 Pounds

The company would have used 15,800 Pounds to produce 3950 pounds of good sheets. As such, the total standard allowed input quantity given the good output produced is 15,800 pounds.

8 0

3 years ago

Swifty Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $136,200 Allowance fo

mamaluj [8]

Answer:

(a) Debit Bad Debt Expense for $1,778; and Credit Allowance for Doubtful Accounts for $1,778.

(b) Debit Bad Debt Expense for $6,808; and Credit Allowance for Doubtful Accounts for $6,808.

Explanation:

(a) Company estimates bad debts at 4% of accounts receivable

Estimated bad debt = Accounts Receivable * 4% of accounts receivable = $136,200 * 4% = $5,448

Bad Debt Expense = Estimated bad debt - Allowance for Doubtful Accounts = $5,448 - $3,670 = 1,778

The journal entries will now look as follows:

Particulars Debit ($) Credit ($)

Bad Debt Expense 1,778

Allowance for Doubtful Accounts 1,778

(To record bad debt expense.)

(b) Company estimates bad debts at 4% of accounts receivable but Allowance for Doubtful Accounts had a $1,360 debit balance.

Bad debt expense = (Accounts Receivable * 4% of accounts receivable) + Allowance for Doubtful Accounts debit balance = ($136,200 * 4%) + $1,360 = $6,808

The journal entries will now look as follows:

Particulars Debit ($) Credit ($)

Bad Debt Expense 6,808

Allowance for Doubtful Accounts 6,808

(To record bad debt expense.)

8 0

3 years ago

Kent Manufacturing produces a product that sells for $120.00. Fixed costs are $179,400 and variable costs are $36.00 per unit. K

Semmy [17]

Answer:

$246,000

Explanation:

Break even point is computed as

= Fixed costs ÷ Contribution margin

With the purchase of a new production machine, total fixed costs would increase by $12,480.

New total fixed costs = $179,400 + $12,480 = $191,880

New Contribution margin = Sales price per unit - Variable cost per unit

= [$120 - ($36 - $9.6)]

= $120 - $26.4

= $93.6

New break even point in unit of output = $191,880 ÷ $93.6

= 2,050 units

Therefore,

New break even (dollars) = 2,050 × $120 = $246,000

6 0

3 years ago