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andreev551 [17]
3 years ago
5

Rogers Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on

sales of 2,000 kits was prepared for the year. Fixed operating expenses account for 80% of total operating expenses at this level of sales.Sales Revenue $ 100,000 Cost of goods sold (all variable) 60,000 Gross margin 40,000 Operating expenses 35,000 Operating income $ 5,000 Prepare a flexible budget based on sales of 1,400, 2,500, and 3,500 units

Business
1 answer:
worty [1.4K]3 years ago
3 0

Answer:

Please see attachment

Explanation:

Please see attachment

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___________ are actions taken or measures put in place to eliminate a hazard or reduce the associated identified risk. A ) Misha
kherson [118]

Answer:

C ) Controls

Explanation:

According to my research on the different safety features that organizations take in order to deal with hazards and other risks, It can be said that based on the information provided within the question the term being described/defined is called Controls. These are programs consisting of all the steps needed in order to protect employees from different hazards or associated risks.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
intext:"A company has net sales of $1,200,000 and average accounts receivable of $400,000. What is its accounts receivable turno
Paraphin [41]

Answer:

i think it would be 4x

Explanation:

im dumb

6 0
3 years ago
Consider Derek's budget information: materials to be used totals $62,100; direct labor totals $198,200; factory overhead totals
Katen [24]

Answer:

Cost of goods manufactured  655,900

Explanation:

<em>First, we add the three cost component:</em>

materials used in production                 62,100

direct labor                                            198,200

overhead                                               403,100

total cost added during the period    663,400

<em>Then, using the WIP beginning and ending figures, we solve for cost of goods manufactured</em>

WIP         january 1st                 187,500

cost added                              663,400

WP endind                           <u>   (195,000)  </u>

Cost of goods manufactured  655,900

8 0
3 years ago
A Chinese exporter sells $200,000 of toys to a French importer. The Chinese exporter requires the French importer to obtain a le
GuDViN [60]

Answer:

0.0416483 or 4.16%

Explanation:

Annual percentage rate, APR = 4%

Value of toys sold = $200,000

Note period = 90 day

N = 365 ÷ 90

= $200,000 × [1 - (0.04 × 90/360)]

= $198,000

Effective annual financing cost:

=(\frac{Value\ of\ toys\ sold}{Calculated\ value} )^{\frac{365}{90} }-1

=(\frac{200,000}{198,000} )^{\frac{365}{90} }-1

= 1.0416483 - 1

= 0.0416483 or 4.16%

4 0
3 years ago
In larger organizations that have stock ownership plans, the employees may not see a strong link between their actions and the c
NemiM [27]

Answer:

True

Explanation:

Stock ownership plans refer to those plans whereby the existing employees are provided with an opportunity to purchase the stocks of the company at a lower price than they are offered in the open market

Employee stock option plans are one of the stock ownership plans. The condition for availing such plans is usually the length of the service of the employees. The benefit is recorded as an employee compensation.

In the context of big organizations with innumerable employees, employees may not be able to identify themselves as significant and may consider those with major chunk of shareholdings as the ones whose actions affect the stock price.

This being merely an illusion since collective efforts of all the employees affect the company's stock price.

8 0
3 years ago
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