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Elan Coil [88]
3 years ago
6

MARS Chocolate Company is making an estimate of the amount of candy it expects to sell during the Christmas season based on a sp

ecified level of marketing effort. The method MARS uses for forecasting sales includes all of the following except
a. executive judgments.
b. correlation analyses.
c. surveys of buyers or sales personnel.
d. time-series analyses.
e. financial ratios.
Business
1 answer:
andre [41]3 years ago
5 0

Answer:

The correct answer is (E)

Explanation:

MARS chocolate company will apply all the methods except financial ratios. Financial ratios cannot be used to forecast future sales in this specific situation. Financial ratios are used to analyse, and examine the current financial strength of an organisation, and it helps to compare the financial situation of a company. Financial ratios are used specifically for comparison between organisation’s current and preceding financials.  

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GrogVix [38]

both of the above are undermine the private sector.

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3 years ago
Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $350 and has a unit cont
grandymaker [24]

Answer:

Break-even point in composite units = 811 units

Explanation:

Number of modal;

5 Youth models

9 Adult models

6 Recreational models

Annual fixed costs total = $6,550,000

Find:

Break-even point in composite units

Computation:

Mixed contribution margin = 5[130] + 9[475] + 6[525]

Mixed contribution margin = 650 + 4275 + 3150

Mixed contribution margin = $8075

Break-even point in composite units = Annual fixed costs total / Mixed contribution margin

Break-even point in composite units = 6,550,000 / 8075

Break-even point in composite units = 811 units

3 0
2 years ago
Posting is the process of transferring items entered in a general journal to the: 1. worksheet. 2. trial balance. 3. general led
Rashid [163]

Answer:

The correct answer to the following question will be Option 3 (General ledger).

Explanation:

  • General Ledger is the full accounting of all the financial activities of the company across its lifespan. It contains all the documents which are preparing the reports of finance, including income, assets, investments, income, and expenditures.
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  • An invoice, or general ledger key, is a number that is used to document business transactions in the ledger.

Therefore, Option 3 is the right answer.

7 0
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Answer:

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Explanation:

8 0
2 years ago
Read 2 more answers
The predetermined overhead rate is based on the relationship between _____.
Maslowich

Answer:

(A) estimated annual costs and expected annual activity

Explanation:

The formula to compute the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours or estimated machine hours)

It is always calculated on the estimated amount and estimated annual activity i.e direct labor hours or machine hours

So the correct option is a.

7 0
2 years ago
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