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3 years ago

Why i s visionary management important

Business

2 answers:

tatuchka [14]3 years ago

6 0

So u kan axtualy see and grasp whats going on and what u doing

love history [14]3 years ago

5 0

Innovation Management is important, in short, because it enables a company to maintain competitiveness in the future. Good innovation management will allow the company to have a higher profit margin and stay ahead of its competitors, while poor innovation management can cause a company to be stuck with obsolete offerings and go out of business.

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. Zoe Corporation has the following information for the month of March: Purchases $ 92,000 Materials inventory, March 1 6,000 Ma

rodikova [14]

Answer:

1. Cost of goods manufactured = $150,500

2. Net income = $36,500

3. Total Inventory = $61,500

Explanation:

Requirement 1

Zoe Corporation

Schedule of cost of goods manufactured

For the month ended March 31

Direct Materials:

Beginning Materials inventory $6,000

Add: Raw materials purchases 92,000

Raw materials available for use $98,000

Less: Ending Raw Materials 8,000

Direct materials used $90,000

Direct Labor 25,000

Prime Cost $115,000

Factory overhead 37,000

Total manufacturing cost $152,000

Add: Work in process, March 1 22,000

Less: Work in process, March 31 (23,500)

Cost of goods manufactured $150,500

Requirement 2

Zoe Corporation

Income Statement for manufacturing company

For the month ended March 31

Sales revenue $257,000

Less: Cost of goods sold

Beginning finished goods inventory $ 21,000

Add: Cost of goods manufactured (Req.1) 150,500

Finished goods available for sale 171,500

Less: Ending finished goods inventory (30,000)

Cost of goods sold 141,500

Gross Profit $115,500

Less: Sales and administrative expenses 79,000

Net operating Income $36,500

Requirement 3

Zoe Corporation

Balance Sheet

As at March 31

Inventory:

Materials $8,000

Work-in-process 23,500

Finished goods 30,000

Total Inventory $61,500

Inventory consists of all the ending materials, ending work-in-process, and ending finished goods. All the ending items need to be shown in the balance sheet because those inventories will remain at hand at the end of the period.

5 0

3 years ago

A customer sells short 100 shares of ABC stock at $30 as an initial transaction in a margin account. The customer must deposit:

Ber [7]

Answer:

The best answer is C.

Explanation:

Regulation T initial margin to short stock is 50% of $3,000 = $1,500. However, since this is a new account, it must meet the minimum initial margin of $2,000 needed to open an account. Therefore, $2,000 must be deposited.

4 0

3 years ago

The feature that differentiates monopolistic competition from monopolies and oligopolies is that monopolistically competitive fi

Georgia [21]

Monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.

<h3>What is a monopoly?</h3>

A monopoly occurs when there is a single seller in the market.
The monopoly case is considered the polar opposite of perfect competition in conventional economic theory.
The demand curve facing the monopolist is, by definition, the industry demand curve, which is downward sloping.

<h3>What is oligopoly?</h3>

Oligopolistic markets are characterized by a small number of suppliers.
They can be found in all nations and in a wide range of industries.
Some oligopoly markets are very competitive, whereas others are substantially less so, or appear to be.

Monopolistically competitive enterprises, unlike monopolies and oligopolies, cannot influence market prices only through their size.

Therefore, monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.

Know more about monopoly here:

brainly.com/question/13113415

#SPJ4

Correct question:

The feature that differentiates monopolistic competition from monopolies and oligopolies is that monopolistically competitive firms.

(A) cannot influence the market price by virtue of their size alone.

(B) are price takers.

(C) do not have a price as a decision variable.

(D) benefit from barriers to entry.

7 0

1 year ago

Q 9.37: when should the gross profit method of inventory valuation not be used because it is invalid?

rusak2 [61]

At the end of given period the gross profit method is required to estimate inventory.The valuation become invalid when the following are not available.the value for the beginning of inventory,records of purchase made, the total sale during the period and the gross profit margin.

5 0

3 years ago

Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were completed during the period, 2,000

serious [3.7K]

Answer:

Equivalent Units Materials 10400

Equivalent Units Conversion 10960

Cost Per Equivalent Unit Materials $9.8365 

Cost Per Equivalent Unit D. Labor $ 7.2810 

Cost Per Equivalent Unit FOH $ 2.2992

Explanation:

Particulars Units % of Completion Equivalent Units

Materials Conversion Materials Conversion

Complete 12000 100 100 12000 12000

Add EWIP 2000 100 20 2000 400

Less BWIP 3600 100 40 3600 1440

Equivalent Units 10400 10960 

In FIFO as the name suggests we take out the units first completed. So we deduct the Beginning Work in Process (BWIP) from the sum of completed units and ending work in process (EWIP).

Costs added during period: Direct materials Direct labor Factory overhead

(10,400 at $9.8365)

102,300 79,800 25,200

Equivalent Unit 10400 10960 10960

Cost Per Equivalent Unit $9.8365 7.2810 2.2992

3 0

3 years ago