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Lana71 [14]
3 years ago
6

An October sales forecast projects that 7,000 units are going to be sold at a price of $11.50 per unit. The desired ending inven

tory in units is 15% higher than the beginning inventory of 1,000 units. Total October sales are anticipated to be a.$69,000 b.$80,500 c.$92,000 d.$70,000
Business
1 answer:
REY [17]3 years ago
5 0

Answer:

The correct answer is:

$80,500 (b.)

Explanation:

First of all, not that total anticipated October sales is the same thing as projected October sales. Therefore, this sale is calculated as follows:

Projected sales = 7,000

unit price = $11.50 per unit

Therefore

Price for 7,000 units = 11.5 × 7,000 = $80,500

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A(n) _____ is defined as a small number of people with complementary skills who hold themselves mutually accountable for pursuin
makvit [3.9K]

Answer: A work team

Explanation: A work team is a group of employees that works semiautonomously on recurring tasks. Work teams are most useful where job content changes frequently and employees with limited skills and a specific set of duties are unable to cope. In a work team , a small number of people with complementary skills who hold themselves mutually accountable for pursuing a common purpose, achieving performance goals, and improving interdependent work processes. Contemporary businesses thrive with the use of work teams in creating products, solving problems and developing alternatives. There are many ways that work teams add to the productivity and success of a company. Work teams are most efficient when job content changes and expert advice are needed to complete a set of work with different skills. Functional, cross-functional, and self-managing teams are the three different types of teams that can be found within a company. Each has its own specific goals and objectives. Accomplish projects - Many workplace tasks are too complicated for one employee to complete. The work team allows larger, more complicated projects to be completed and work teams allow many different viewpoints, which correlate to many different options in solutions.

8 0
3 years ago
What happens if you get pulled over without insurance?.
ehidna [41]

Answer:

It depends on which state you are in. In Michigan if you operate a motor vehicle on state roadways and you don't have car insurance, you could face the following: Driver's license and registration suspension. Up to one year in jail. Fines and fees up to $500.

Explanation:

4 0
2 years ago
he units of Manganese Plus available for sale during the year were as follows: Mar. 1 Inventory 22 units @ $29 $638 June 16 Purc
Mama L [17]

Answer:

Thus, difference in gross profit = $144 + $144 = $288

Profit as per FIFO is higher than profit as per LIFO

Explanation:

In the given case, as per both the methods computation shall be as follows:

Date                    Quantity                   Rate              Amount

Mar 1                     22 units                   $29                 $638

Jun 16                   31 units                    $30                 $930

Nov 28                 41 units                     $37                 $1,517

Total                     94 units                                           $3,085

Closing units = 18

That means sales = 94 - 18 = 76 units

Thus as per LIFO cost = 41 units @ $37 + 31 units @ $30 + 4 units @ $29

= $2,563

Closing stock = 18 units @ $29 = $522

As per FIFO cost = 22 units @ $29 + 31 units @ $30 + 23 units @ $37 = $2,419

Closing stock = 18 units @ $37 = $666

Thus, difference of closing stock = $666 - $522 = $144

Profit as per FIFO is higher by $144

Cost is higher in LIFO by $2,563 - $2,419 = $144

Thus, difference in gross profit = $144 + $144 = $288

6 0
3 years ago
When the utility function for a risk-neutral decision maker is graphed (with monetary value on the horizontal axis and utility o
andreev551 [17]

Answer:

The correct answer is letter "D": straight line.

Explanation:

Utility represents the satisfaction a person receives from the use of a good or service. In case there is a risk-neutral decision-maker, that individual is unlikely to vary the value he or she provides to the use of products to remain in a comfort zone. However, the utility could vary according to satisfaction the good or service provides in different situations.

Thus, if plotted in a graph, <em>the value representing the horizontal axis and the utility the vertical axis, there will be a straight line departing from the horizontal axis parallel to the vertical axis.</em>

7 0
3 years ago
What is the amount of asset for blue top taxi company? A.900 B.1100 C.2000 D. 2900
harkovskaia [24]
B it is b because i would like it to be B please
5 0
3 years ago
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