Answer:
b. continuous budgeting
Explanation:
Continuous budgeting (sometimes referred to as rolling budgeting) involves continually adding an additional month to the end of a multi-period budget as each month goes by.
The continuous budgeting concept is usually applied to a twelve-month budget, so there is always a full year budget in place.
Answer:
B. $83,000
Explanation:
Inventory value at adoption = $50,000
Increase in inventory using base year price = $30,000
Current year Price increase = 10%
Increase price = $30,000 + ( $30,000 x 10% )
Increased price inventory = $30,000 + $3,000
Increased price inventory = $33,000
Amount of Inventory reported on balance = Inventory value at adoption + Increase price Inventory
Amount of Inventory to be reported on balance = $50,000 + $33,000
Amount of Inventory to be reported on balance = $83,000
Answer:
1. 120 hot dogs per day
2. $1,920
3. Inelastic
4.200
Explanation:
1. Break even is a term given to a situation where there is no profit or loss made by an organization for product sales.
Formula is;
Fixed cost /contribution per unit, where contribution per unit is selling price - variable price.
Solution.
Since Total fixed cost =$1,200, Selling price=$16, Variable costs=$6
=Fixed costs/(Selling price - Variable costs).
= $1,200/($16 - $6)
=$1,200/$10
=120 hot dogs.
2. Break even point in dollar sales volume. This refers to the number of products that would be produced and sold to cover production cost.
Formular is ;
Fixed cost/contribution per unit× Sales price per unit.
Solution
=Fixed costs/(Selling price - Variable costs)× Selling price.
=$1,200/($16 - $6)×$16
=$1,200/$10×$16
=$1,200×$16/$10
=$19,200/$10
=$1,920
3. The demand would be inelastic. Inelastic demand is when the demand of buyers does not change as much as changes in price.
4. Achieve level of sales target. This is when management wanted to know the sales level at which targeted profit will be achieved.
Formula
Fixed costs + Target profit/Contribution per unit
Solution.
=Fixed costs + Target profit/(Selling Price - Variable costs)
= $1,200 + $800/($16-$6)
=$1,200 + $800/($10)
=$2,000×/$10
=$200
=200 cases would needed to sell
Answer: b.Give more specific information, including dates and names.
Explanation:
The things that are needed to be changed in order to make the message appropriate for both the supervisor and the legal team is to give more specific information, including dates and names.
One doesn't need to show more outrage or use a friendly tone. This is a professional settings and a serious issue hence, a friendly tone should not be used. Rather, the person should give more information such as the name of the worker, the date that it occured and possibly the time as this will be of immense benefit to the legal team which will be used in following up on the issue.
Answer: There are many points that should be clear in the head before one has meeting with the client. Some of them are discussed here.
Explanation:
1: Objective must be very clear: The main aim or objective of the meeting should be very clear to the speaker and it should be made clear to the listener( client)
2:The meeting should not take much time: The time take by the speaker to make the client understand the facts should be less and precise. It should take much time.
3: The facts and data should be crisp and clear: The data and analysis part should be made clear before presenting it to client to avoid any confusion during the meeting.
4: Meeting Etiquette should be followed properly: The ground level manners and etiquette must be followed during the meeting.
