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Paladinen [302]
3 years ago
12

Arturo is a sales manager for the bratney companies, a company that manufactures equipment used in the processing of grains and

other produce. every year, arturo must submit a request for the number of new sales representatives to be hired in the next year. arturo's goal is clear—he must have enough sales reps to service all of britney's customers—but it is often difficult to predict how many customers the company will have. sales are dependent on the economy, weather, farming trends, and a large number of other environmental factors. arturo's decision about how many sales reps to hire is being made under conditions of , because:
Business
1 answer:
Paraphin [41]3 years ago
5 0

The decision must be made under conditions of <u>uncertainty/ambiguity</u> because the goal is clear but the numbers that will be used to calculate the number of sales reps will not be clear until the year is actually over.

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Gundy Company expects to produce 1,200,000 units of Product XX in 2017. Monthly production is expected to range from 80,000 to 1
mariarad [96]

Answer:

\left[\begin{array}{ccccc}-&units \: cost&V80,000&V100,000&V120,000\\DM&5&400,000&500,000&600,000\\DL&6&480,000&600,000&720,000\\Overhead&8&640,000&800,000&960,000\\Total Variable&19&1,520,000&1,900,000&2,280,000\\Depreciation&200,000&200,000&200,000&200,000\\Supervision&100,000&100,000&100,000&100,000\\Total Fixed&300,000&300,000&300,000&300,000\\Total Overhead&&1,820,000&2,200,000&2,580,000\\\end{array}\right]

Explanation:

We multiply the variable cost by each volume of production

for example direct materials 5 x 80,000 = 400,000

                                              5 x 100,000 = 500,000

                                              5 x 120,000 = 600,000

<u>Then for the fixed cost:</u>

notice the company expect to produce 1,200,000 units.

If fixed depreciation is $2 per unit then

1,200,000 x $2 = 2,400,000 depreciation per year.

we then divide this value by 12 to get the monthly fixed depreciation

2,400,000/12 = 200,000

Same procedure goes for supervision

1,200,000 units x $1 per unit = 1,200,000 per year

1,200,000/12 = 100,000 per month

Finally we add both, fixed and variable to et total overhead for the relevant range.

4 0
3 years ago
Merger Co. has 10 employees, each of whom earns $1,700 per month and has been employed since January 1. FICA Social Security tax
andriy [413]

Answer:

Date            Description                                         Debit                    Credit

March, 31     Payroll Tax expense                       $‭2,320.5‬0

                    FICA Social Security taxes                                             $1,054

                    FICA Medicare taxes                                                      $ 246.50

                    FUTA taxes                                                                      $ 102

                    SUTA taxes                                                                      $ 918

<u>Working </u>

FICA Social Security taxes = 1,700 * 10 * 6.2% = $‭1,054‬

FICA Medicare taxes = 1,700 * 10 * 1.45% = $‭246.5‬0

FUTA Taxes = 1,700 * 10 * 0.6% = $‭102‬

SUTA Taxes = 1,700 * 10 * 5.4% = $‭918‬

Payroll Tax expense = 1,054 + 246.50 + 102 + 918 = $‭2,320.5‬0

7 0
3 years ago
What is the role of the franchiser when a franchise is purchased?
likoan [24]

Answer:

The franchisor owns the brand and the operating system that they license to their franchisees. ... The franchisor grants the franchisee the right to operate the business under the franchise system's trademarks and service marks and enforces the brand standards of the system.

6 0
3 years ago
Read 2 more answers
Mr. Ananta Jalil has received a job offer from a large investment bank as an assistant to the vice
Nookie1986 [14]

The present value of the offer is $145,466.83

<h3>What is the present value?</h3>

The first step is to determine the present value of the growing annuity. The formula that would be used is:

\frac{P}{r - g} x [1 - \frac{1 + g}{1 + r} ^{n} ]

Where:

  • p = base salary
  • r = discount rate
  • g = growth rate
  • n = number of years

$35,000 / (0.12 - 0.04) = 437,500

1 - (1.04/0.12)^5 = 0.31

0.31 x 437,500 = $135,466.83

Present value =  $135,466.83 + $10,000 =  $145,466.83

6 0
2 years ago
How have engineer contributed to the society?Explain​
PilotLPTM [1.2K]

Explanation:

Engineers contributed very significantly to a country's development from an agricultural economy to the one that includes manufacturing communication services and exploration to the country's natural resources like 10 hydro power oil and gas

7 0
3 years ago
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