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3 years ago

Which title is an example of top management?

Business

2 answers:

ValentinkaMS [17]3 years ago

3 0

I think the answer is A

sashaice [31]3 years ago

3 0

I would beilieve D. CEO.

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Outdoor Company expects to sell 7 comma 500 units for $ 175 each for a total of $ 1 comma 312 comma 500 in January and 2 comma 5

nikitadnepr [17]

Answer and Explanation:

The preparation is presented below:

Outdoor Company

Inventory, Purchases, and Cost of Goods Sold Budget

Two months Ended January 31 and February 28

Particulars January February March

Sales in units 7,500 units 2,500 units 4,700 units

Sales price $175 $195 $270

Sales in dollars $1,312,500 $487,500 $1,269,000

Percentage of cost of goods sold 60% 60% 60%

Cost of goods sold $787,500 $292,500 $761,400

Add: Desired ending merchandise inventory $185,500 466,840

($292,500 × 60% + $10,000) ($761,400 × 60% + $10,000)

Total merchandise inventory required $973,000 $759,340

Less: Beginning merchandise inventory $482,500 $185,500

($787,500 × 60% + $10,000)

Budgeted purchases $490,500 $573,840

The ending inventory of month of Jan should be beginning inventory of Feb and the same is shown above

6 0

4 years ago

Gerritt wants to buy a car that costs $31,000. The interest rate on his loan is 5.67 percent compounded monthly and the loan is

gregori [183]

Answer:

$594.57

Explanation:

For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment below:

Given that,

Present value = $31,000

Future value or Face value = 0

Rate = 5.67% ÷ 12 months = 0.4725

NPER = 5 years × 12 = 60 years

The formula is shown below:

= PMT(RATE;NPER;-PV;FV;type)

The present value come in negative

So, after applying the formula, the monthly payment is $594.57

5 0

3 years ago

Some goods can be produced at low cost only if they are produced in large quantities. this phenomenon is called

I am Lyosha [343]

I believe your answer is:

economies of scale

3 0

4 years ago

Sales mix is: a. important to sales managers but not to accountants. b. easier to analyze on absorption costing income statement

swat32

Answer:

D) a measure of the relative percentage in which a company's products are sold.

Explanation:

The sales mix of a company refers to the percentage or proportion in which their products are sold. For example, a company that sells 2 products A and B, its sales mix could be 45% of product A and 55% of product B. It basically measures the importance or relative weight of each product compared to the total sales of the company. Sales mix is usually measured in dollars, not units sold.

3 0

3 years ago

Assume a firm is currently operating at 98 percent of capacity with sales of $28,400. Next year, sales are projected to increase

Lana71 [14]

Answer:

$3,511

Explanation:

The given data:

Current year: operating at 98 percent with sales $28,400

Forecast of next year: sales = $35,000

the firm currently has fixed assets of $16,900 and total assets of $24,600

Current maximum capacity = $28,400 / .98 = $28,979.59

Required addition to fixed assets = [($16,900 / $28,979.59) × $35,000] – $16,900 = $3,511

4 0

3 years ago