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Rasek [7]
3 years ago
10

Raycom Construction needs heavy-duty equipment to install a new pipeline in northern Alaska. Raycom's engineers have been asked

to provide detailed specifications and recommendations for the equipment needed. The Raycom engineers will primarily play the __________ role in the company's buying center.
a. user
b. initiator
c. gatekeeper
d. buyer
e. influencer
Business
1 answer:
Andrej [43]3 years ago
7 0

Answer:

e. influencer

Explanation:

Influencer -

Is a person , that influences other person for any task like , work , dressing style , makeup etc , is known as an influencer .

Hence , from the question ,

The engineers of the Raycom construction plays the role of influencer in the company's buying center .

Therefore , from the question ,

the correct term for the given statement is e. influencer .

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When an organization must deal with a problem that repeats itself over and over again management should take a:
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Answer:

Must concentrate on perfecting the technology and business processes associated with the problem.

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Match the scenarios with the economic concepts they illustrate.
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Prepare the adjusting journal entries for the following transactions. (If no entry is required for a transaction/event, select "
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Answer:

supplies expense  570 debit

              supplies                570 credit

----------------------------

interest receivable   420 debit

          interest revenue   420 credit

------------------------------

wages expense      5,300 debit

       wages payable     5,300 credit

-------------------------

Account receivable   3,700 debit

     Fees earned                   3,700 credit

-----------------------

unearned revenue     770 debit

          fees revenues       770 credit

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Explanation:

use of supplies:

purchase - ending supplies

840 - 270 = 570

we decrease the supplies account by this amount and declare the supplies expense

we declare the interest revenue for the period

wages expense for the period and because are unpaid generates a liability

as the job is perform the revenue is earned so we can declare it even if we didn't bill the customer yet.

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6 0
3 years ago
Foods Galore is a major distributor to restaurants and other institutional food users. Foods Galore buys cereal from a manufactu
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Answer:

The appropriate solution is:

(a) 2828 cases each time

(b) $4005656.85

(c) $3609800

Explanation:

The given values are:

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D = 200,000 cases

Per case cost,

C = $20

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H = 10 \ percent\times 20

  = $2

Ordering cost,

S = $40

(a)

The economic order quantity will be:

⇒ Q^*=\sqrt{(\frac{2DS}{H} )}

On substituting the values, we get

         =\sqrt{[\frac{(2\times 200000\times 40)}{2} ]}

         =\sqrt{\frac{16000000}{2} }

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(b)

According to the question,

The annual ordering cost will be:

=  (\frac{D}{Q^*}) S

=  (\frac{200000}{2828}) 40

=  2828.85 ($)

The annual carrying cost will be:

=  (\frac{Q^*}{2})H

=  (\frac{2828}{2} )2

=  2828 ($)

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=  D\times C

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(c)

According to the question,

Order quantity,

Q = 10000 cases

Per case cost,

C = $18

Carrying cost,

H = 10 \ percent\times 18

   = 1.8

The annual ordering cost will be:

=  (\frac{D}{Q} )S

=  (\frac{200000}{10000} )40

=  800 ($)

The annual carrying cost will be:

=  (\frac{Q}{2} )H

=  (\frac{10000}{2} )1.8

=  9000 ($)

The annual purchase cost will be:

=  D\times C

=  200000\times 18

=  3600000

Now,

The total cost of inventory will be:

=  800+9000+3600000

=  3609800 ($)

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