1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alisiya [41]
3 years ago
13

Ratchet Manufacturing's August sales budget calls for sales of 8,000 units. Each month's sales are expected to exceed the prior

month's results by 5%. The product selling price is $25 per unit. The expected total sales dollars for September's sales budget are:
Business
1 answer:
vlabodo [156]3 years ago
4 0

Answer:

September sales in dollar 210,000

Explanation:

<u>To get the total dollar sales for September first, we need to calculate how many units are expected.</u>

The previous month, is August and we expect sales to grow at 5%

So we can calculate:

August sales in units 8,000

September = August + 5%

September = 8,000 x 1.05 = 8,400 units

<u>Now, we multiply by the selling price with september sales. This will be our total revenue</u>

8,400 units x $25 each = $210,000

You might be interested in
Ethics is a hot topic in business, as well as in Project Management. Using some of the examples presented therein, what kinds of
Jobisdone [24]

Answer:

Without question, ethics is indeed a very hot subject of industry. Various forms of ethical challenge come up particularly in managing projects. I encountered only a handful of the above :-

(A) It is a predicament to finish the ethical task in a timely manner but to with over-exploit natural resources by simply avoiding even their own work-life balance.

(B) Much of the project has to be successfully completed and within likely cost. The conundrum faced can jeopardise the excess cost savings with the value of the project that would result in customer unhappiness.

6 0
3 years ago
Heavy dream is best. <br><br> agree <br> or <br> no agree
Bad White [126]

Answer:

Agree

Explanation:

3 0
3 years ago
Read 2 more answers
Red Sun Rising just paid a dividend of $2.58 per share. The company said that it will increase the dividend by 20 percent and 15
vladimir1956 [14]

Assuming  the required return is 12 percent, the stock price today is $40.61.

Given:

Dividend=$2.58 per share

Increase in Dividend=20% and 15%

Number of year=2 years

Increase in Annual Dividend=3.6%

Required return=12%

P2=Stock price today

Now let calculate the stock price today

P2 = [$2.58(1+0.20)]/(1+.12) + [$2.58(1+.20)(1+.15)]/(1+.12)^2 + {[$2.58(1+.20)(1+.15)(1+.036)]/(0.12 − 0.036)}/(1+.12)^2

P2 = [$2.58(1.20)]/1.12 + [$2.58(1.20)(1.15)]/1.12^2 + {[$2.58(1.20)(1.15)(1.036)]/(0.12 − 0.036)}/1.12^2

P2=($3.096/1.12)+ ($3.5604/1.2544)+ [($3.68857/0.084)/1.2544]

P2=$2.7643+$2.838329+($43.91155/1.2544)

P2=$2.7643+$2.838329+$35.0060

P2=$40.61

Inconclusion assuming the required return is 12 percent, the stock price today is $40.61.

Learn more here:

brainly.com/question/24314972

7 0
3 years ago
Which act covering most private-sector employers prohibits certain unfair labor practices, such as a union's refusal to bargain
kolezko [41]
The correct option is C.
The Taft Hartley Act is a United States federal law which limits the activities and powers of labour unions. The Act was enacted in 1947 and it prohibits some union practices, it also requires improvement in union disclosure of political and financial dealings. <span />
5 0
3 years ago
LO 3.4A company sells two products, Model 101 and Model 202. For every one unit of Model 101, they sell they sell two units of M
dexar [7]

Answer:

The sales mix is 1:2.

                           Model 101          Model 102

Selling Price                       21             56

Variable Cost              -14            -35

Contribution Per Unit       7               21

Multiply Sales Mix Ratio       1               2

Weighted Contribution       7                      42

Now add the weighted Contribution to compute Contribution margin per composite unit which is 7+42=$49

Explanation:

I assumed that the cost and selling price here for Model 101 is $14 and $21 respectively. Similarly the cost and selling price of Model 102 is $35 and $56 respectively.

Remember that Contribution margin per composite unit means that we will earn 49 dollars(combined contribution of sales mix) if we sell the sale mix of Model 101 and 102 which is 1:2.

6 0
3 years ago
Other questions:
  • You need a quick $20 for dinner with a friend at a place that doesn't take credit cards. What should you do?
    6·2 answers
  • Amsted, Inc. is considering a project that will increase revenues by $2.5 million, cash operating expenses by $700,000, and depr
    11·1 answer
  • Two independent companies, Denver and Bristol, each own a warehouse, and they agree to an exchange in which no cash changes hand
    7·1 answer
  • Ways to improve upward communication flow include all but which of the following: a. Anonymous feedback to management b. Ombudsm
    10·1 answer
  • Susan was conducting a group discussion in her organization. She found that the sales people and the production team had differe
    9·1 answer
  • A home mortgage is considered a secured loan because it is backed by __________.
    8·1 answer
  • Evaluate the current financial performance of eskom​
    7·1 answer
  • Which of the following is an example of a behavioral question? Please select the best answer from the choices provided
    14·2 answers
  • The standard amount of materials required to make one unit of Product Q is 4 pounds. Tusa's static budget showed a planned produ
    10·1 answer
  • Nowlin Pipe &amp; Steel has projected sales of 9,800 pipes this year, an ordering cost of $6 per order, and carrying costs of $1
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!