Answer with Explanation:
<h2><u>
Requirement 1:</u>
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1. Profit Organization
The aim of profit organization is to maximize the wealth of shareholders by increasing its profits. The owners of the company get dividends and appreciation in the value as a return from the company.
2. Nonprofit Organization
The primary mission of Non-profit organization is to benefit the community by helping them and the earnings generation is not the primary goal of the company. ACCA is an entity that delivers quality education to its students and also earns profit on it but the profit margin kept is as low as possible to keep its operation running. Other examples are Rolex, NGO's, National Health Institutes, etc.
In other words, these institutes are for charitable purpose and their primary objective is not making profits.
Key Difference Between Profit Organization and Non-profit Organization
- A profit organization's primary objective is to maximize profits whereas the Non profit organizations work for delivering services and products that helps in uplifting the society from their donations.
- A profit organization is registered as a sole proprietorship or partnership or a corporation. Whereas Non profit organization is registered as a charity club, association of person, trust, corporations, etc.
- Usually major source of income of Non profit organization comes from donations, government and corporation grants, subscriptions, etc. Whereas the major source of profit organization is income generated from the sale of goods and services. Non profit organization - the major incomes are donation, grant, legacies, subscription, etc.
Requirement 2:
Profit making organization have to publish all financial statements which includes income statement, balance sheet, cash flow statement, statement of changes in equity, etc whereas the non profit organization only publishes balance sheet and cash flow statement. If the Non profit organization is involved in selling of products and services then the organization will also have to prepare income statement.
The non profit organization doesn't pays andy dividends as it is a charity firm and all it does is, it spends it money for the welfare of the community. Whereas the profit organization have to retain a share of earned profits and then distributes the remainder to shareholders.
The profit making organization publishes changes in equity statement whereas the charitable firm is not required to publish such things because its primary objective is to spend on the welfare of the community.
Forecast for week 6 = 9200
A weighted moving average emphasizes recent data while downplaying historical data. This is accomplished by increasing the price of each bar by a weighting factor. Weighted Moving Average will track prices more precisely than a related Simple Moving Average due to its special calculation.
In a weighted moving average approach, recent values of demand are given greater weight since they are more pertinent. As a result, we have
Forecast for week 6 = (Week 5 * 0.4) + (Week 4 * 0.3) + (Week 3 * 0.3)
= (11000 * 0.4) + (9000 * 0.3) + (7000 * 0.3) = 9200
Therefore, Forecast for week 6 = 9200
To know more about Weighted Moving Average Demand, refer to this link :
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Because KFC changed their recipe (the spiciness) for various regions, this shows that multinational firms must develop every new product for potential worldwide distribution.
<h3>What is new product development?</h3>
A new product development refer to a firm process of bringing in a new product to the marketplace.
In conclusion, the development of new product helps in potential worldwide distribution.
Read more about product development
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Based on the costs incurred by Kasper Corporation to make the commercial-grade cooking griddle, the total cost per unit is <u>$55.00.</u>
<h3>What is Kaspar Corporation's cost per unit?</h3>
This can be found as:
= Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead per unit + Variable selling and administrative expenses + Fixed selling and administrative expenses per unit
Solving gives:
= 17 + 8 + 11 + (300,000 / 30,000) + 4 + (150,000 / 30,000)
= $55
Find out more on the total cost of produced units at brainly.com/question/18089483.
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