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3 years ago

In making a sales forecast, the business owner can only use his best judgment to determine projected costs and revenues.

2 answers:

7 0

False.

The business owner should not only rely on his best judgement to determine projected costs and revenues. He should consider the trends in the market and his company performance on the previous months in order to make a sales forecast.

Arlecino [84]3 years ago

4 0

Answer:

the answer is.... False

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On September 18, 2019, Rose Company purchased 11,800 shares (14%) of Wozniak, Inc. stock for $42 per share. The market value of

wolverine [178]

Answer:

Explanation:

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3 years ago

On Halloween, you take a glow stick, crack the capsule inside and shake it until it glows. This is an example of light energy be

Ganezh [65]

Answer:

Chemical

Explanation:

The glow stick has chemicals that create a chemical reaction when the glow stick is cracked. New bonds are formed by the products of the chemical reaction in the glow stick and the energy is released in the form of light

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3 years ago

Read 2 more answers

Dimitri has several apple trees in his yard, and apples are a perfectly competitive market with a price of $2 per pound. if dimi

Alinara [238K]

The total revenue and the marginal revenue when he sells the 100th pound of apples is
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)

So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.

4 0

4 years ago

If a local diner can sell 50 burgers per day at a price of $5 each, but must reduce the menu price to $4.95 to sell one more bur

wolverine [178]

Answer:

$2.45

Explanation:

The formula to compute the marginal revenue is shown below:

Marginal revenue = Change in total revenue ÷ Change in number of quantity sold

where,

Change in total revenue would be

50 burgers × $5 = $250

51 burgers × $4.95 = $252.45

So, the change in total revenue is

= $252.45 - $250

= $2.45

And, the change in number of quantity sold is

= 51 burgers - 50 burgers

= 1

So, the marginal revenue is

= $2.45 ÷ 1

= $2.45

4 0

3 years ago

Helix Corporation produces prefabricated flooring in a series of steps carried out in production departments. All of the materia

ryzh [129]

Answer:

Determine the equivalent units for May for the first process is 363,000 units

Explanation:

Concept of Equivalent Units determines the number of units completed in terms of percentage in completion of inputs added into that process

In our case the Inputs in the process are Materials and Conversion.

Calculation of Equivalent Units in terms of Materials is as follows:

Units transferred to the next production department = 175,000×100% = 175,000

Ending Work in process inventory = 10000×100% = 10000

Total Equivalent Units in terms of Materials = 185000 (175000+10000)

Calculation of Equivalent Units in terms of Conversion is as follows:

Units transferred to the next production department = 175,000×100% = 175,000

Ending Work in process inventory = 10000×30% = 3000

Total Equivalent Units in terms of Conversion = 178000 (175000+3000)

Therefore Total equivalent units for May for the first process is as follows:

Total Equivalent Units in terms of Materials 185,000

Add Total Equivalent Units in terms of Conversion 178,000

Total equivalent units for May for the first process 363,000

7 0

3 years ago