Sales forecasts <u>help auditors understand </u><u>management's strategy</u>
<u>can be used in valuing </u><u>inventory</u>
<u />
What are sales forecasts?
A sales forecast is an indication of predicted sales revenue. What your business expects to sell during a specific time period is estimated by a sales forecast (like a quarter or year). The most accurate sales projections do this. By providing knowledge of the probable behavior of your most valued clients, sales forecasting aids in achieving this revenue efficiency. In addition to enhancing pricing, advertising, and product development, you may forecast future sales. The ability of your business to predict future revenues across particular time periods in order to better manage resources is one of the benefits of sales forecasting.
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Answer:
Unitary cost= $118
Explanation:
Giving the following information:
Production= 43,000
Direct materials $43.00 per unit
Direct manufacturing labor $8.00 per unit
Variable manufacturing costs $4.00 per unit
Fixed manufacturing costs $63.00 per unit
<u>The absorption costing method includes all costs related to production, both fixed and variable.</u> The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unitary cost= 43 + 8 + 4 + 63
Unitary cost= $118
So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.
When determining the number of channel members to use at each level, three strategies are available: intensive, exclusive, and exclusive
<h3>What are the 3 distribution intensity levels?</h3>
- A distributor is referred to as someone who buys goods, warehouses them, and then distributes them to customers.
- They function as a middleman between producers and retailers or customers, rather than acting in their own best interests.
- In most cases, distributors work together with customers and producers.
- These Three Distribution Methods
- Broad Distribution: a maximum number of outlets. To reach as many people as you can in the market, extensive distribution aims to reach.
- Selective Distribution: The use of particular outlets in particular places.
- Specialized Distribution: Fewer outlets
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Answer:
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