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Furkat [3]
3 years ago
5

Jose runs a gallery which specializes in neon art with an emphasis on vacation icons like flamingos, dolphins, and palm trees. s

ince demand was high and supplies were low, he decided to buy an old warehouse and then hire craftspeople to work there in order to produce the art. he would provide them with all of the supplies they needed, and he would be their only customer. jose engaged in:
Business
1 answer:
Serhud [2]3 years ago
6 0
10 jsjskkkkskskskkssks shasksknks jsjskjsks jsjsk
You might be interested in
Cherokee Inc. is a merchandiser that provided the following information: Amount Number of units sold 20,000 Selling price per un
Alex

Answer:

1) Traditional Income Statement

Particulars                                               Value                  Total Amount

Sales 20,000 units @ $30 =                                             $600,000

Less: Manufacturing Expenses

Cost of goods sold  $24,000 + $180,000 - $44,000      $160,000

Gross Margin                                                                       $440,000

Less: Operating Expenses

Administrative Expense                               $70,000

Selling expense                                            $120,000        $190,000

Operating Income                                                                 $250,000

Note: In traditional statement fixed and variable are not segregated and only direct cost associated is subtracted to calculate cost of goods sold, then gross margin is calculated. After that selling and administration expenses are deducted to calculate net operating income.

2) Contribution format income Statement

Particulars                                                                         Total Amount

Sales 20,000 units @ $30 =                                             $600,000

Less : Variable Costs

Cost of goods sold    $24,000 + $180,000 - $44,000      $160,000

Variable selling expense $4 X 20,000                               $80,000

Variable Administrative Cost $2 X 20,000                         $40,000

Contribution Margin                                                             $320,000

Less: Fixed Cost

Fixed Selling expense                                                            $40,000

Fixed Administration Expense                                               $30,000

Net operating Income                                                            $250,000

Note: In contribution statement fixed and variable expenses are segregated and firstly after deducting variable expense contribution margin on sales is calculated, and then after that deducting fixed cost we get net operating income.

7 0
3 years ago
One good story leads to the larger picture, or the reverse. This is an example of structuring your speech by _____. Group of ans
Nonamiya [84]

Answer:

ascending or descending order

Explanation:

Depending on the preference of the speaker, target audience and other factors, the speaker can choose to structure or organize his speech in different ways. One way in which a speaker can employ in organizing his speech is in an ascending or descending order. Structuring of speech in an ascending or descending order involves choosing a quality or dimension of a subject matter and organize your speech along that dimension in a logical sequence which could be in an ascending or descending order. Starting with a good story that centers on quality and then progressing to a bigger picture which could include using figures, facts, and statistical tools in driving home the point.

3 0
3 years ago
Assuming no safety stock, what is the reorder point (r) given an average daily demand of 50 units, a lead time of 10 days and 62
love history [14]

Assuming no safety stock, the recorder point will be 500(50*10).

Safety stock is the additional quantity of a product that's saved within the warehouse to prevent an out-of-stock scenario. It serves as insurance against fluctuations in demand.

To in addition understand Z-score, believe that no safety stock is carried. In this situation, the Z-score is 0. then again, there can be sufficient inventory to satisfy demand in 50 percent of cycles.

A reorder point (ROP) is a specific stage at which your stock desires to be replenished. In other phrases, it tells you whilst to vicinity an order so that you won't run out of stock. The reorder factor system is lead time demand + safety stock. Of course, you need to determine what your lead time demand and safety stock numbers are to determine a correct calculation.

Learn more about Safety stock  here brainly.com/question/13638496

#SPJ4

7 0
2 years ago
_____is the function of coordinating the diverse activities and human resources of a company to produce a smooth-running operati
Alchen [17]

Answer:

b) directing

Explanation:

The four main management functions are:

  1. planning
  2. organizing
  3. directing
  4. controlling

Originally, there were 5 main management functions developed by Henri Fayol (staffing was the fifth one) in the early 20th century. Fayol's management theory is still applied today, although it has been modified and updated.

3 0
3 years ago
superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct
weeeeeb [17]

Answer:

h

Explanation:

5 0
3 years ago
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