Answer:
Total units= 23214
Explanation:
Giving the following information:
Direct materials $1 per unit
Direct labor $100 per hour (100/500 units= $0.2)
The marketing manager decided to spend $2 per unit.
Fixed cost $55,000
Price= $4,000/1,000 units= $4.
First, we will determine the effect of the first 5000 (with the mkt expense) on the fixed costs:
5000*[4-(1+0.2+2)]= 4000 - 55000= 51000
Break-even point= fixed costs/ contribution margin
Break-even point= 51000/ [4-(1+0.2)]= 18214 units
Total units= 23214
Answer:
Instructions are below.
Explanation:
Giving the following information:
Budgeted sales:
July= 21,500
August= 24,300
September= 28,700
October= 28,900
Grantham maintains an ending inventory equal to 10% of the current month’s sales. The ending inventory at June 30th was 3,100.
Production budget= sales for the month + desired inventory - beginning inventory
July:
Sales= 21,500
Ending inventory= (24,300*0.10)= 2,430
Beginning inventory= (3,100)
Total= 20,830
August:
Sales= 24,300
Ending inventory= (28,700*0.10)= 2,870
Beginning inventory= (2,430)
Total= 24,740
September:
Sales= 28,700
Ending inventory= (28,900*0.10)= 2,890
Beginning inventory= (2,870)
Total= 28,720
Answer:
Statement of cash flows ending balance = $168,800
Explanation:
See the image to get the appropriate answer:
Answer:
96.3 days
Explanation:
Inventory turnover is calculated as;
= ( Average inventory / cost of goods sold ) × 365
Where,
Average inventory = (Beginning inventory + Ending inventory) / 2
Average inventory = ($208,000 + $188,000) / 2
Average inventory = $198,000
Therefore,
Inventory turnover = ($198,000 / $750,000) × 365
Inventory turnover = 96.3 days
The average number of days for Tinker to sell it's inventory during 2019 is closest to 96.3 days
Answer: directing function
Explanation: In simple words, directing refers to the function in which a manger instructs and guides his or her subordinates so that the organisation can achieve its predetermined goals.
In the given case, Jen is motivating and teaching her employees and after that she is evaluating the result of performance.
Hence from the above we can conclude that she is performing directing function.
