The FBLA is only for students still in school.<br> True<br> False

Walmart is a multi-billion dollar retail company that is a buyer from several consumer goods manufacturers. many of their suppli

11111nata11111 [884]

<span>I think suppliers have moved close to the headquarters in order to save costs. When suppliers set up office far from their customer, there are additional costs to it like transportation fees for both goods and manpower. Getting rid of one aspect of their production costs can help suppliers maximise profits.</span>

4 0

3 years ago

A major disadvantage of the payback period method is that it:_____.

netineya [11]

Answer:

C.

Explanation:

Does not directly account for the time value of money.

8 0

3 years ago

A company's expected receipts from sales and planned disbursements to pay bills is commonly called a:

igomit [66]

Answer:

Cash budget.

Explanation:

A company's expected receipts from sales and planned disbursements to pay bills is commonly called a cash budget.

A cash budget can be defined as a budget consisting of expected cash receipts or estimation of the cash flows and planned disbursements to pay bills, for a business over a specific period of time.

In Financial accounting, a cash budget is typically used to determine whether a business firm has sufficient funds for its smooth operations and evaluate if cash are being spent judiciously or productively. A cash budget comprises of financial items such as costs incurred or expenses paid, revenues generated, payments and loan receipts collected.

5 0

3 years ago

Selzik Company makes super-premium cake mixes that go through two processing departments, Blending and Packaging. The following

gregori [183]

Answer:

a) EU for materials = 170,000

EU for conversion = 165,000

b) Materials = $0.82 per EU

Conversion = $1.48 per EU

c) Ending WIP = $28,240

Units transferred out = $368,760

d) cost reconciliation report:

Costs to be accounted for:

Beginning WIP $13,400
Cost added $383,600
Total costs to be accounted for $397,000

Cost accounted for as follows:

Unit transferred out $368,760
Ending WIP $28,240
Total cost accounted for $397,000

Explanation:

beginning WIP 10,000

materials 100% complete (0% added during the period)

conversion 30% complete (70% added during the period) ⇒ 7,000 EU

units started 170,000

ending WIP 20,000

materials 100% complete ⇒ 20,000 EU

conversion 40% complete ⇒ 8,000 EU

units completed = 160,000

units started and completed = 150,000

beginning WIP costs:

Materials cost $8,500

Conversion cost $4,900

costs added during the period:

Materials cost $139,400

Conversion cost $244,200

Equivalent units for July:

EU for materials = 170,000

EU for conversion = 7,000 + 150,000 + 8,000 = 165,000

Costs per EU:

Materials = $139,400 / 170,000 = $0.82 per EU

Conversion = $244,200 / 165,000 = $1.48 per EU

Total costs:

Ending WIP = (20,000 x $0.82) + (8,000 x $1.48) = $28,240

Units transferred out = ($383,600 - $28,240) + $8,500 + $4,900 = $368,760

Costs to be accounted for:

Beginning WIP $13,400
Cost added $383,600
Total costs to be accounted for $397,000

Cost accounted for as follows:

Unit transferred out $368,760
Ending WIP $28,240
Total cost accounted for $397,000

3 0

4 years ago

A company introduced a new low calorie version of one of its popular cold drinks. as a result, the sales of the original cold dr

sashaice [31]

This situation is known as cannibalization. Cannibalization is a marketing strategy that refers to the reduction company's see in there sales volume, revenue or market share of a current product when they release a new product. When a company releases a new product, those who are fans of their other products will likely try the new product instead of the hold which initially brings down the volume they sell and make from the initial product.

4 0

3 years ago

The FBLA is only for students still in school. True False