P(t)= 3t+2; find p(1)

Bay City Company’s fixed budget performance report for July follows. The $367,000 budgeted total expenses include $280,000 varia

Wittaler [7]

Answer:

Check the explanation

Explanation:

BAY CITY COMPANY

Flexible Budget Performance Report

For the month ended July 31

Flexible Budget Actual Results Variances Fav./Unf.

Sales $3,12,000 $3,51,000 $39,000 Fav

Variable expenses $2,18,400 $2,52,000 $33,600 Unf

Contribution margin $93,600 $99,000 $5,400 Fav

Fixed expenses $87,000 $77,000 $10,000 Fav

Income from

operations $6,600 $22,000 $15,400 Fav

Sales price per unit =$400,000 / 5,000 units =$80 per unit

Flexible Budgeted sales =3,900 units*$80 =$312,000

Variable expenses per unit =$280,000 / 5,000 units =$56 per unit

Flexible Budgeted Variable expenses =3,900 units*$56 =$218,400

7 0

3 years ago

All of the following statements regarding brand loyalty are true except: Select one: a. the marketing costs of reaching loyal cu

evablogger [386]

Answer: the marketing costs of reaching loyal customers are typically very high

Explanation:

Brand loyalty is when a customer buys a product repeatedly from thesame company rather than buying a substitute from another company. Despite the efforts of the competitors to life them away, such customers are devoted to the product.

It should be noted that the marketing costs of reaching loyal customers are typically low. They hardly need any source of encouragement or advertisement to convince them to make their purchases.

6 0

3 years ago

A manager who creates an incentive program for the team to hit quarterly sales goals is performing the management function of __

timurjin [86]

Answer:

Controlling.

Explanation:

Planning is a term used to describe the process of developing the organization's objectives and translating those into courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

A manager who creates an incentive program for the team to hit quarterly sales goals is performing the management function of controlling.

6 0

3 years ago

Combust Con Inc. specializes in manufacturing internal combustion engines. Recently, Combust Con has decided to create a divisio

KengaRu [80]

Answer:

The correct answer is letter "D": Ashton should consider preparing new job descriptions since new jobs will be created in the organization.

Explanation:

Whenever a firm engages in new operations and requires new personnel, the Human Resources (HR) department must analyze the profile of the employee that will be needed to determine what type of applicant that will approve. Before that, a clear description of the new workers' duties and skills must be outlined so that at the moment of publishing the offering, the company makes sure they will attract the proper candidates.

Thus, Ashton must get ready the job descriptions of the new workers that will cover the positions fo the new flexible fuel division of the corporation he works for.

6 0

4 years ago

Henry bakes loaves of bread, which he sells for $4 each. He is considering purchasing additional mixers (capital) for his bakery

babunello [35]

Answer: The complete table is as follows:

Explanation:

The following are the formulas for calculating marginal product , total revenue and marginal revenue product:

Marginal product = $\frac{Change\ in\ Total\ Product}{Change\ in\ Capital}$