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adelina 88 [10]
3 years ago
6

Bengal Co. provides the following unit sales forecast for the next three months: July August September Sales units 5,900 6,600 6

,460 The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. Finished goods inventory on June 30 is 1,475 units. The budgeted production units for July are:
Business
1 answer:
Nana76 [90]3 years ago
4 0

Answer:

Units to be produced          6,075

Explanation:

July production budget

sales for the period           5,900

desired ending inventory

25% of next month

25% of August

25% of 6,600 =                 <u>   1,650  </u>

Total requirement needs    7,550

Beginning Inventory           (1,475)

Units to be produced          6,075

The forecast sales and the desired ending inventory are the needs for production, the beginning inventory is an amount we already have. So it decreases our production demand.

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Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable compet
ivanzaharov [21]

Answer:

D) every company is trying to implement them and hence it does not make a company different from others

Explanation:

The problem when something too popular, is that everybody is doing the same thing. This applies to individuals, businesses and even governments.

Total quality, benchmarking and reengineering were seen as complete and radical innovations during the 1980s and 1990s, and back then they really made a difference. The problem is that every company is trying to do the same now, and what makes a company successful is being different and working better than the rest.

3 0
4 years ago
On January 1, 2020, XYZ Co. issued a bond with a $400,000 par (face) value. The bond is a 5-year bond and will mature on Decembe
Genrish500 [490]

Answer:

The journal entry to record issuance of the bond would be:

Debit : Cash    $382,942.

Credit : Bonds Payable  $382,942.

Explanation:

At Issuance of Bonds, we recognize the Cash Asset and the Liability Bond Payable at the Issue Price of the Bond instead of Face Value.

The Issue Price is also known as the Present Value or Current Price of the Bond and for this question this was given as $382,942.

4 0
3 years ago
A university conducts a survey of students, which shows that a 10 percent tuition hike would lead to a 7 percent decrease in the
enyata [817]

Answer:

Option A

Explanation:

Complete Question

A university conducts a survey of students, which shows that a 10 percent tuition hike would lead to a 12

percent decreases in the enrollment. If the university wants to increase its total revenue, it should ________

tuition because the demand for education at this university is ________.

A) not raise; elastic   B) raise; inelastic   C) not raise; inelastic   D) raise; elastic

Solution -

The demand for college in the market is elastic which means that variation in variables such as college fees deeply impact the demand. If college fees is increased, the intakes or enrollment will fall down which means that the demand is not stable or on the basis of quality. Therefore, the demand for the college will not rise on fees hike and it shall be an elastic demand.

6 0
3 years ago
How much of each message conveyance a business owner uses to sell his or her product as well as his or her objective in using ea
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Promotional mix is is the message conveyance that a business owner uses to sell his or her product .

<h3>What is promotional mix?</h3>

A promotional mix involves using marketing methods such as advertising, sales, public to achieve marketing goal.

The promotional mix is important to increase sales and to get larger marketing mix.

Learn more about promotional mix at;

brainly.com/question/14037774

4 0
2 years ago
Which of the following is NOT a primary activity of the Value Chain model? a. Inbound Logistics b. Operations c. Outbound Logist
vaieri [72.5K]

Answer:

The correct option is d. purchasing

Explanation:

Value chain Model : The value chain model is that model which is used to add the values to the organization.

It comprises of two activities:

1. Primary activities : The primary activities are those activities which includes day to day activities or that activities through which the product can delivered to the final consumer.

It includes inbound logistics, outbound logistics, operations, marketing & sales, and services.

2. Support activities : The activities which support primary activities is called support activities. It includes firm infrastructure, human resource management, technology management, and procurement.

By giving above explanation, the purchasing is not a primary activity of the value chain model

Hence, the correct option is d. purchasing

4 0
3 years ago
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