The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 20% of the following month’s sales. The inventory at the end of March was 10,800 units. Required: Prepare a production budget for the second quarter; in your budget, show the number of units to be produced each month and for the quarter in total.
Answer: The total production for the quarter is 2,28,600. Monthly production is 58,200 78,800 and 91,600
units for April, May and june respectively.
April May June July
Forecasted Sales 54000 75000 94000 82000
less: Beginning Inventory - 10800 - 15000 - 18800
Current month's production 43200 60000 75200
Add: 20% of next month's sales +15000 +18800 +16400
Total monthly production 58,200 78,800 91,600
Total units for the quarter 2,28,600
In a market with price controls, there can be shortages or surpluses of goods and services. A shortage in goods or services means that there is not enough supply to cover the demand of the items. The quantity of the goods or services that is supplied is less than what is demanded. In this case, there are not enough products for consumers to purchase. A market surplus means there is is too many goods or people available for services but the demand from consumers is not there. This causes businesses to have too much goods available.
Answer:
A. giving proper training
Explanation:
A common issue in IT and change management is that employees create a barrier to change (implementing a new information system). Of course, everyone prefers to stay in their comfort zone, but most of the times it is essential to adopt changes effectively. so that the whole organization can progress.
Giving proper training is the answer, as their lack of confidence mainly originates from their own lack of confidence regarding the software know-how. When their self-esteem regarding the IS raises, they stop seeing it as a threat to their comfort zone and start seeing it as a tool that aids their work, the user confidence will increase.
Other answers are related to technical things that do not improve user confidence.
Answer:
Annual depreciation= $13,200
Explanation:
Giving the following information:
Cutter Enterprises purchased equipment for $72,000 on January 1, 2010. The residual value of $6,000 at the end of five years.
Under the straight-line method, the annual depreciation is constant trough the entire useful life. We need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (72,000 - 6,000)/5= $13,200
