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horsena [70]
3 years ago
10

In 2005, BridgePort Brewing Company expanded sales of its BridgePort India PaleAle, and BridgePort Black Strap Stout into Alabam

a, Georgia, Kansas, Minnesota,Missouri, North Carolina, Oklahoma, Tennessee and Texas. These states will joinBridgePort's current distribution markets of Alaska, Arizona, California, Colorado,Idaho, Montana, New Mexico, Oregon, and Washington.
When the brewery allocatedresources to increase its production and distribution, it would have relied on which ofthe following management functions?

A. organizing

B. implementing

C. resource planning

D. benchmarking

E. operational planning
Business
2 answers:
timofeeve [1]3 years ago
8 0

Answer:

The correct option is C, resource planning

Explanation:

Organizing is the management process of co-ordinating employees,resources, processes and procedures in an organization in an efficient manner thereby moving closer to achieving the objectives.No doubt resources allocation is part of organizing but organizing encompasses other things.

Bench-marking involves comparing procedures or processes internally or externally in order to establish best practice,hence it is an obvious wrong option in this context.

Resource planning, which is correct option,relates to allocating resources between those areas of the business where they are most required in a way that drives optimal growth and sustainable profitability in the business.

solmaris [256]3 years ago
5 0

Answer:

C- resource planning

Explanation:

“Resource planning is the act of allocating and utilizing resources (people, machinery, tools, rooms etc) to achieve maximal efficiency of those resources” (Ganttic, 2015). This management function plans the inputs needed for operations and ensures that they are always available for the daily functioning of the organisation and its different units. the resource planning unit would ensure that the required numbers for production and distribution are met.

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Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning
otez555 [7]

Answer:

Explanation:

1. The computation of the balance in retained earnings is shown below:

= Beginning retained earning balance + adjusted net income

where,

Beginning retained earning balance is $780,000

And, the adjusted net income is = Inventory × ( 1 - tax rate)

= $60,000 × (1 - 40%)

= $36,000

Now put these values to the above formula  

So, the value would equal to

= $780,000 + $36,000

= $816,000

2. The journal entry is shown below:

Inventory A/c Dr $60,000

   To Retained earning A/c $36,000

   To Tax payable A/c          $24,000

(Being inventory is adjusted and the remaining balance is credited to tax payable account)

4 0
3 years ago
Riley Company paid $60,000 cash to purchase land from Smally Company. Smally originally paid $60,000 for the land. A) Was this e
Veseljchak [2.6K]

Answer:

A. Asset exchange transaction

B. Asset exchange transaction

C. Investing activity

D. Investing activity.

Explanation:

In the question, the Riley company paid cash to Smally company, and the Smally company paid the amount for the land.

So,  

A. For Riley company, it is an asset exchange transaction as the asset exchanges between Riley and Smally company.  

B.  For Smally company it is an asset exchange transaction as the asset are the exchange between Riley and Smally company.

C. Investing activity. As the Riley company deals in the purchase and the sale of the fixed assets.

D. Investing activity. As the company deals in the purchase and the sale of the fixed assets.

4 0
3 years ago
On March 1, 2022, Wildhorse Company acquired real estate, on which it planned to construct a small office building, by paying $9
Nitella [24]

Answer:

The amount to be reported as the cost of the land is $ 114,200

Explanation:

Cash paid for the land = $ 98,000

Net cost of demolishing old ware house = $ 11,000 - $ 3,100 = $ 7,900

Attorney's fee = $2,000

Real estate broker's fee = $ 6,300

Total cost of the land = Cash paid for the land + Net cost of demolishing old ware house + Attorney's fee + Real estate broker's fee

= $98,000 + $ 7,900 + $2,000 + $ 6,300

= $ 114,200

4 0
3 years ago
The set of activities required to first identify a​ need, assign a supplier to meet that​ need, approve the specification or​ sc
timama [110]

Answer:

B. ​procure-to-pay cycle.

Explanation:

Procure to pay  -

It is the method of purchasing , requisitioning , accounting or paying for any services or goods .

It is the set of activities , which are needed firstly , to detect the need , to assign the supplier , approve it , acknowledge the receipt and at last payment to the supplier .

Hence , the correct term for the given statement is  B. ​procure-to-pay cycle .

6 0
3 years ago
Marion Company reported net income of $170,000 for the current year. Depreciation recorded on buildings and equipment amounted t
podryga [215]

Answer and Explanation:

The preparation of the cash flow from the operating activities is presented below:

                                            Marion Company

                                        Cash flow statement

Cash flow from operating activities

Net income $170,000

Adjustment made

Add: Depreciation expenses $50,000

less: Increase in account receivable -$8,000 ($40,000 - $32,000)

Add: Decrease in inventory $8,000 ($50,000 - $58,000)

Less: Decrease in account payable -$7,000 ($11,000 - $18,000)

Add: Increase in salaries payable $4,000 ($10,000 - $6,000)

Net cash provided by operating activities $217,000

The cash inflow represents in a positive sign and the cash outflow represents in a negative sign

4 0
3 years ago
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