Answer:
$120,000
Explanation:
The correct question should be :
Mary's Baskets Company expects to manufacture and sell 20,000 baskets in 2019 for $ 6 each. There are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. The company keeps no work-in-process inventory. What amount of sales revenue will be reported on the 2019 budgeted income statement?
SOLUTION
Given
budgeted goods to manufacture = 20,000
budgeted sale = 20,000
budgeted price = $ 6 each
To determine the amount of sales revenue on the 2019 budgeted income statement = budgeted sale × budgeted price
= 20000 × 6
= $120,000
Unlimited wants and limited resources
Sanctions put prohibited on actions related to specific nations, conduct themes, commodities and services, or people and companies. Cuba's economy is a mixed command economy that is predominately made up of state-run businesses.
The state employs the vast majority of the labour force. The Cuban Communist Party, which was in power throughout that decade, prohibited the creation of worker cooperatives and independent business ventures. Financial and trade limitations imposed on a foreign nation are referred to as economic sanctions. These limitations are meant to make life difficult for the citizens of the foreign country so that they would put pressure on the government to change its political policies.
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Answer: (C) Procurement
Explanation:
The procurement process is one of the type of business strategic function that helps in improve the growth and also the profitability of an organization.
It is the process of dealing with the various types of activities for using the various types of materials that is necessary for making the various types of products.
The main objective of the procurement process is that it helps in the talent development process, operational efficiency and the value delivery.
According to the given question, the procurement process is basically including all the activities for acquiring the various types of materials for making the actual products.
Therefore, Option (C) is correct answer.