Answer:
SMITH INDUSTRIES
DIRECT MATERIAL BUDGET FOR THE FIRST QUARTER
JAN FEB MAR
Production 5,600 4,200 4,800
closing inventory <u> 1,050</u> <u> 1,200</u> <u> 1,125</u>
6,650 5,400 5,925
Opening inventory <u> (1,400) </u> <u> (1,050) </u> <u> (1,200)</u>
Purchases (units) <u> 5,250 </u> <u>4,350 </u> <u> 4,725</u>
Purchases ($)($3 per unit) <u>15,750 </u> <u>13,050 </u> <u> 14,175</u>
<u>workings </u>
closing inventory
Dec = 25% *5600 = 1400
Jan = 25%* 4200 = 1050
Feb = 25%*4800 = 1200
Mar = 25%*4500 = 1125
Explanation:
Answer: $397,716
Explanation:
Degree of Operating Leverage = Change in Net Operating Income/ Change in Sales
6.60 = Change in Net Operating Income / (520,260 - 460,000)
(520,260 - 460,000) * 6.60 = Change in Net Operating Income
Change in Net Operating Income = 62,260 * 6.60
Change in Net Operating Income = $397,716
1) Prevents business failure
About 96% of American businesses close their doors within 10 years. One of the contributing problems is poor customer service. Buyers become frustrated over small problems that are not addressed. It happens when a business does not have good customer service associates who follow up on questions and promptly fill requests.
2) Creates endorsements
Loyal customers provide positive endorsements and good online reviews that can help businesses strengthen their brand. A loyal customer, on average, is 10 times more valuable than their first purchase. Research shows that people often make purchasing decisions based on recommendations from family and friends vs. advertising messages. Here are four statistics:
About 97% of customers will tell others about very good or excellent customer service experiences.
Nearly 70% of people would spend more money with a company that has excellent customer service.
Approximately 24% of satisfied customers will return to a business two or more years after a good customer service experience.
Research shows that 59% of people would try a new company to receive better customer service.
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Answer:
The correct answer is B
Explanation:
FEMA stands for Federal Emergency Management Agency, it is an agency which is responsible for coordinating the response of the federal government to the disasters which can be manmade or natural.
So, FEMA is responsible for the coordinating the Federal resources which support the Tribal, Local and State efforts when there is Federal emergency is declared.