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mel-nik [20]
4 years ago
9

Nathan is working on the operating budgets for his company. He has already done the sales and production budgets, and he is now

working on the direct materials, direct labor, and manufacturing overhead budgets. He decides to do the direct labor budget first, then the manufacturing overhead budget, then the direct materials budget. Do you think this is an appropriate way to prepare the budgets
Business
1 answer:
Serggg [28]4 years ago
4 0

Answer:

Yes that is an appropriate way ti prepare an operating budget.

Explanation:

An operating budget is a financial statement that reflects reflects operating activities and its cost implications.

It outlines other budgets like ending fines the financial plan for each operating sub sector such as sales, production, direct labor, manufacturing overhear, etc. for a particular period.

Nathan's method of preparing the operating budget for his company is appropriate because he is following the correct sequence.

To prepare an operating budget, the sales and production budgets are captured first, followed by direct materials, direct labor, manufacturing overhead, direct labor, direct materials and other other additional budget before the budgeted income statement is prepared.

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Chip Wilson, Lululemon's founder, envisioned creating high-quality sportswear, found low-cost producers, realized sales that exc
Maksim231197 [3]

Answer:

d. envisioning high-quality sportswear and realizing high sales

Explanation:

At the first step of strategic planning process he identifies the opportunity which lies in high quality sportswear.  At the last step execution is done for making the opportunity being realized by achieving the high sales.

Options to the question are: " a. finding producers and establishing a corporate culture ; b. establishing a corporate culture and formulating a marketing strategy ; c. formulating a marketing strategy and envisioning high-quality sportswear ; d. envisioning high-quality sportswear and realizing high sales

4 0
3 years ago
Presented below is pension information for Company Y for 2021.
iren [92.7K]

Answer:

The Amount of pension expense is $195,000

Explanation:

The computation of the amount of pension expenses reported is shown below:

Service cost    $150,000

Interest on projected benefit obligation  63,000

Amortization of prior service $54,000

Less: Expected return on plan assets  -$72,000

The Amount of pension expense is $195,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
Many economists are worried that a high level of budget deficits may lead to inflationary monetary policies in the future. Could
castortr0y [4]

Answer: Yes, the budget deficit will have on the current rate of inflation.

Explanation:

If the budget deficits have inflated the monetary policy, therefore, the monetary policy will affect the short run of aggregate supply curve. In this scenario, large budget deficits will shift the curve upward due to the increase in expected inflation, which will surely make the current inflation rate to be higher.

3 0
3 years ago
In 2019, selected automobiles had an average cost of $12,000. the average cost of those same automobiles is now $13,200. what wa
maksim [4K]

The rate of increase for these automobiles between the two time periods is  10%

<h3>What is automobiles?</h3>

Automobile is the wheeled vehicle usually having four wheels and generally used for the transportation purposes. For example :- car, buses, trucks, bike etc.

In the above case, the average cost of the automobile is $12000 in 2009 but now it has increased to $ 13200. For the calculation of the increased rate of the auto mobile following formula is used as follows:-

Increased rate = (current value -Initial value )/current value * 100

                         =( $13,200 -  $12,000)/  $12,000 *100

                          =$1200/ 12000 *100

                          = 10%

                           

Therefore, the rate of the increase for these automobile between 2 periods is 10%.

Learn more about increase rate here:

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5 0
2 years ago
A business model is a firm’s plan or recipe, which is use to creates, delivers, and captures value for its stakeholders. Busines
pantera1 [17]

A business model is executed for the a company's plan for profit making.

<h3>What is the business model?</h3>

A business model is a firm's plan or recipe for how it creates, delivers, and captures value for its stakeholders. A firm's business model also describes how the core aspects of what it does fit together and complement one another.

The ultimate plan of any organization is to earn more and more profits for this they make business models and deals with risk. They take tough decisions which can effectively help in running their business.

Thus the business model is executed for profit making.

Learn more about stakeholders here:

brainly.com/question/14514176

#SPJ4

5 0
2 years ago
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