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antiseptic1488 [7]
3 years ago
15

You work for Emerita's Pizzeria and have been given the task of looking at company goals and deciding how the goals will be acco

mplished. You understand that planning is a complex process, but you are up for the challenge. Breifly explain your stratedy for this task.
Business
1 answer:
Vesna [10]3 years ago
3 0

The plans that must be involved are the strategic planning, the mid level, the low level, the operational planning, the top level planning.

Explanation:

In the strategic planning the company's stakeholders will ask them were they want their company to be in five years

The middle level staff will decide to focus in recruiting the new clients and to increase the productivity and they will find the way to give back to the company

Being a low level employee it is necessary that one must interact with the customers and contribute to the company's performance

In the operational planning it will be difficult to manage the customers  meet their day to day needs and satisfy them

A meeting will be held with the top level staff and hence they will be coming up with the new tools of the operational planning

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At January 1, 2017, Benny Enterprises reported a balance in the Equipment account of $45,000. During the year the company purcha
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Answer:

$4,000

Explanation:

The operating activities records daily activities of a business entity transactions such as depreciation expense, loss or profit on sale of long term assets, change in working capital etc.

With regards to the above scenario, there is a loss of $4,000 on the sale of equipment whilst same was recorded under the operating activity section as positive.

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3 years ago
Juicy Beauty manufactures and sells a face cream to small specialty stores in the greater Los Angeles area. It presents the mont
KatRina [158]

Answer: Please see explanation column for answer

Explanation:

Recasting  the income statement to emphasize contribution margin.

Juicy Beauty Operating Income Statement, June 2017

Units sold                                                            20,000

Revenues                                                         $200,000

Variable costs(subtract):

Variable manufacturing costs    $110,000

Variable marketing costs             $10,000

Total variable costs                                                 $120,000  

Contribution margin                                                   $80,000

Fixed costs

fixed manufacturing costs                         40,000

Fixed marketing and administrative costs 20,000

Total fixed cost                                                                $60,000

Operating income                                                           $20,000

Working  for income statement above =

Contribution margin = Revenue -Total  variable cost =$200,000- ($110,000 + $10,000) - $80,000

Operating income= Contribution margin - Total fixed cost = $80,000 - $($40,000 +$20,000) -=$20,000

2  The contribution margin percentage and breakeven point in units and revenues for June 2017.

Contribution margin percentage = ,Contribution margin/ Revenue x 100%

= $80,000/ $200,000 x 100= 40 %

Contribution margin per unit = ,Contribution margin/ units sold

                                                   80,000 / 20,000= $4 per unit

Break  even point units  = Total fixed cost/ ,Contribution margin per unit

 = $60,000/ $4=  15,000units

Break even revenue=

we first calculate the selling price = Revenue / units sold = $200,000/ 20,000 =$10

Break even revenue=Break even units x per unit sold = $15,000 x $10 = $150,000.

3. Margin of safety = units sold - break even point unit

20,000 - 15,000 =5000 units

4. If the sales is 16,000 and tax is 30% , Net income is

Units sold                     16,000

Revenue                     $160,000

Contribution margin    $64,000

Total fixed cost           - $60,000

Operation income       $4,000

tax at 30 %                  - $ 1200

Net income                 $2,800

working

Revenue = units sold x sale per unit = 16,000 x $10 = $160,000

Contribution margin = Revenue x contribution margin percentage = $160,000 x 40% = $64,000

Operation income = contribution margin - fixed costs= $64,000 - $60,000 = $4000

Tax = 30% of 4000 = $1200

Net income = $4000 - $1200 = $2,800

3 0
3 years ago
Read 2 more answers
Who are decision makers within organizations? (Check all that apply.)
dedylja [7]

Answer: Consultants

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