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marissa [1.9K]
3 years ago
14

Percentage of sales budgeting can also be called _____.

Business
1 answer:
nika2105 [10]3 years ago
7 0

Answer:

promotional budget is set as a percentage of current or anticipated sales

Typical percent of sales is 2%-5%

Explanation:

<h3>so I would have to say arbitrary budgeting </h3>
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Brisco Bricks purchases raw material from its foreign supplier, Bolivian Clay, on May 8. Payment of 2,000,000 foreign currency u
Gekata [30.6K]

Answer:

$2,500,000

Explanation:

The computation of the amount which would be credited is shown below:

= Payment of foreign currency units (FC) is due in 30 days × exchange rate i.e spot rate on May 31

= 2,000,000 × $1.25

= $2,500,000

We simply multiply the payment with the spot rate so that the accurate value can come.

All other information which is given is not relevant. Hence, ignored it

5 0
2 years ago
Genesis Scents has two divisions: the Cologne Division and the Bottle Division. The Bottle Division produces containers that can
ale4655 [162]

Answer:

transfer price 3.31

Explanation:

the minimun transfer price should be equal to the marginal cost:

In this case: variable manufacturing cost + shipping cost.

variable cost 3.1

shipping cos 0.21

marginal price 3.31 = cost of produce an additional unit = transfer price

there is no additional fixed cost so this should be the transfer price.

5 0
2 years ago
A middleman that carries a select group of products within a single line is called a(n) _____ wholesaler.
fomenos
<span>A middleman that carries a select group of products within a single line is called a speciality line wholesaler.

A speciality line wholesaler often carries products that are all related to a set industry but ay be fro multiple supplies. These wholesalers carry a limited line of products making it easier to sell/keep track of what they have and serve a decent size audience. </span>
7 0
3 years ago
A. Draw a production possibilities curve for a hypothetical economy producing capital and consumer goods.
solniwko [45]

Answer:

See the attached and the explanation below.

Explanation:

a.  A production possibility curve (PPC) refers to a curve that displays different combinations of the maximum output of two goods that can be produced from a given or fixed amount of input and technology.  

An example of PPC is figure (A) in the attached document.

b.  When there is a major technical breakthrough in the capital goods industry and the new technology is widely adopted only in this industry, it will make the PPC to rotate outward at the capital good axis only, while consumer good axis will remain the same (see the curve and the arrow in Figure B in the attached). This implies that the break has enabled the economy to produce more of capital goods while consumer goods production level remains the same.

c.  When there is a technological advance in consumer goods production, but not in capital goods production, it will make PPC to rotate outward at the consumer good axis only, while capital good axis will remain the same (see the curve and the arrow in Figure C in the attached). This implies that the break has enabled the economy to produce more of consumer good while capital good production level remains the same.

8 0
3 years ago
1. Which of the following are the primary functions of all organizations? A) Production/Operations, Marketing, and Human Resourc
katrin2010 [14]

Answer:

D) Marketing, Production/Operations, and Finance/Accounting

8 0
3 years ago
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