Answer:
1. Medium range sales estimates
2. Long range sales estimates
Explanation:
At introduction, Chrysler requires medium range sales estimates and Long range sales estimates To determine future marketing requirements.
These estimates are economic forecasts they are indicators that are used to help organizations in preparing medium to long range forecasts.
The medium range estimates span from 3 months to 1 year.
The long range estimates is for 3 years or more.
Answer: Enterprise resource planning
Explanation: Enterprise resource planning or ERP can be defined as a software that is used by the organisations for collecting, storing and interpreting data from several different business activities such as accounting, financing, marketing etc.
These software are usually made by a third party vendor on a customized basis, which he further rents to the organisation for use.
Answer:
B. 328,000
Explanation:
The computation of the cost of jobs completed is shown below:
= Direct materials issued to production + Direct labor costs + Manufacturing overhead applied
= $96,000 + $113,000 + $119,000
= $328,000
We simply added the direct material issued, direct labor cost and the manufacturing overhead applied so that the accurate amount can come
All other information which is given is not relevant. Hence, ignored it
Answer:
$9,000
Explanation:
As Gaw Company owns 15% of the common stock of Trace Corporation and used the fair-value method to account for this investment, Gaw company will receive the 15% portion of the dividend paid by Trace company in 2018 irrespective of what net income Trace reported in 2018.
Therefore, Gaw company should recognize 15% of $60,000 = $60,000 × 0.15 = $9,000 income on this investment in 2018.
Because it demonstrates that you are in contact with people of higher-economical stature.