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3 years ago

What is a product line? Why are they used and how do companies determine what to use and how to adjust what is being used?

1 answer:

8 0

A product line is a group of related products produced by one manufacturer they use product lines to gauge trend a find out which markets to target they use whatever is being sold the most and go from there

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Croy Inc. has the following projected sales for the next five months: Month Sales in Units April 3,470 May 3,830 June 4,570 July

Ne4ueva [31]

Answer:

1. Production units for April 3,650 units

Production units for May 4,200 units

Production units for June 4,370 units

2. Budgeted cost of materials for April = $ 21,980

Budgeted cost of materials for April = $ 23,996

Explanation:

Computation of budgeted production units

April May June

Units Units Units

Ending Inventory - 50 % of next month 1,915 2,285 2,085

Add: Sales 3,470 3,830 4,570

Less: Opening Inventory-50% of current month ( 1,735) (1,915) (2,285)

Production units for the month 3,650 4,200 4,370

Computation of cost of materials

Units production 3,650 4,200 4,370

Material requirement per unit - 2 pounds

Total material requirement for production 7,300 8,400 8,740

Closing inventory-50% next month production 4,200 4,370

Opening inventory-50% of current production ( 3,650) (4,200)

Total material requirement for production 7,850 8,570

Cost per pound of direct material $ 2.80

Total direct material Budget $ 21,980 $ 23,996

4 0

3 years ago

Anna35 [415]

Answer:

Foreign trade

Explanation:

Often times a major determiner of the value of countries currency is the amount of their exports.

Thomas therefore as a financial advisor should advise the government to build more on production of locally available materials that are highly demanded internationally for exports, by so doing he could improve the country's currency.

5 0

3 years ago

Read 2 more answers

On June 1, 2017, Pharoah Company was started with an initial investment in the company of $22,350 cash. Here are the assets, lia

guapka [62]

Answer:

Pharaoh Company

Income statement

For the year ended June 30, 2017

Revenue & Gains Amount

Service Revenue $7,910

Total revenue & gains (A) $7,910

Expense and losses:

Salaries and wages expense $1,810

Advertising expense $400

Supplies expense $2,370

Utilities expense $270

Maintenance and repair expense $630

Total expense (B) $5,480

Net Income (A - B) $2,430

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3 years ago

A manager is assessing whether a business decision is ethical. She believes that if the benefits of a choice exceed the costs, t

Solnce55 [7]

Utilitarianism is a personal moral philosophy which id being used in this scenario.

<h3>What is Utilitarianism?</h3>

This is the morality that advocates actions that foster happiness or pleasure and maximizes wellbeing of individuals.

The manager believing that the benefits of a choice exceed the costs is ethicalk as result of her having more profit which will maximize the company' wellbeing.

Read more about Utilitarianism here brainly.com/question/2642866

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2 years ago

Octavio wants to compare the gross national product for six different countries for the year 2016. the best way for him to displ

Ierofanga [76]

If Octavio wants to compare the gross national product for six different countries for the year 2016, he can best show his information by combination charts. For example, you can combine a line chart or a bar chart that shows the gross national product (GNP) range with a column chart that shows GNP per country. The two variables are set as Y and X axis respectively.

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2 years ago