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3 years ago

Which of the following would be included in the management function of planning?

Business

1 answer:

SashulF [63]3 years ago

7 0

Answer:

The answer should be the last part of the B option .- Selecting the course of action most likely to lead to success.

Explanation:

The four basic functions of management are:

planning
organizing
leading
controlling

Planning is the most basic and fundamental activity of management. Management starts by planning ahead what is your vision of the organization and how it should be structured. When you plan you prepare yourself in advance for the future.

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EcoSacks manufactures cloth shopping bags. The controller is preparing a budget for the coming year and asks for your assistance

Sidana [21]

Answer:

ECOSACKS

Production Budget

Sales 540,000

closing inventory(FG) 210,000

750,000

Opening Inventory(FG) ( 120,000)

Production 630,000

Materials Purchase budget 

cotton canvas

yards yards

Material usage 630,000 126,000

Material purchase cost $2,520,000 $1,512,000

 Labor Budget 

labor hour(630,000*0.5) 315,000

Labour cost (315,000*18) $5,670,000

 Overhead budget

Production unit 630,000

Overhead cost ( 630,000*$3.40) $2,142,000

Explanation:

8 0

3 years ago

Read 2 more answers

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). However, an exception occur

o-na [289]

Answer:

The future value of a 18-year annuity of $2,000 per period where payments come at the beginning of each period is $59,078.

Explanation:

We apply the formula to calculate future value of annuity to find the future value of 18-year annuity as at the beginning of year 18 ( because payment comes at the beginning of the year):

2,000/5% x (1.05^18 -1) = $56,264.77.

We further compound the future value of 18-year annuity as at the beginning of year 18 for one period to come up with the future value of this annuity as at the end of 18 year time:

56,264.77 x 1.05 = $59,078.

So, the answer is $59,078.

3 0

4 years ago

Use the information below to answer the following questions. Currency per U.S. $ Australia dollar 1.2377 6-months forward 1.2356

NikAS [45]

Answer:

Missing word "a. What must the six-month risk-free rate be in Japan"

a. Spot rate = 1 US $ = 1.2377 Aus.dollar

Forward rate = 1 US $ = 1.2356 Aus.dollar

1.2356 = (1 + i Ad)

1.2377 (1 + 0.05)

0.9983 * (1.05) = 1 + i.Ad

1.048215 = 1 + i.Ad

i.Ad = 1.048215 - 1

i.Ad = 0.048215

i.Ad = 4.82%

b. Spot rate = 1 US $ = 100.3300 Japan Yen

Forward rate = 1 US $ = 100.0500 Japan Yen

100.0500 = (1 + i Ad)

100.3300 (1 + 0.05)

0.9972 * (1.05) = 1 + i.Ad

1.04706 = 1 + i.Ad

i.Ad = 1.04706 - 1

i.Ad = 0.04706

i.Ad = 4.71%

4 0

3 years ago

Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets

nadya68 [22]

Answer:

$ 49,640

Explanation:

The question is asking for PLANNING BUDGET

Planning Budget does not in anyway mean flexible budget.

So the quantity of units for Planning Budget would be what the company budgeted that is 7,300 units

The next step in the solution to the question will be to know the cost per unit. For Direct Labor the price given is $ 6.80 per unit

Total Direct Labor for May in the planning budget would be 7,300 X 6.80 = $ 49,640

6 0

3 years ago

The final task in designing a management information system (mis) is _____.

Gnoma [55]

The final task in designing a management information system (mis) is to provide information which is useful in decision making purposes. Management information system is computerized data base related to financial system. A management information system (mis) is a widely used for a three-resource system that is required for effective organization management.

6 0

3 years ago