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weqwewe [10]
3 years ago
11

The forecasting time horizon that would typically be easiest to predict for would be the A. intermediate range. B. short range.

C. long range. D. medium range.
Business
1 answer:
Murrr4er [49]3 years ago
6 0

Answer: B) Short range

Explanation:

Short range time horizon forecasting is prediction of the time span range till which the decisions regarding production, investments etc will work.This span is from three weeks lasting upto 1 year for making plans and accurate or actual predictions  .It is used in job plan, work-force stages etc.

Other options are incorrect because long, medium or intermediate are the horizon that can't be predicted easily as compared to short range horizon for making decision based on few weeks span.Thus, the correct option is option(B).

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2 years ago
The income statement of Benning Co. for the month of July shows net income of $1,400 based on Service Revenue $5,500, Wages Expe
Rom4ik [11]

Answer:

Net Income = $1,250

Explanation:

Benning Co.

Income Statement

For the Month Ended July 31, 2010

Particulars                             $                     $

Revenues                                                6,000 (1)

Expenses:

Wages Expense               2,600 (2)

Supplies Expense            1,000 (3)

Utilities Expense                600

Insurance Expense            400

Depreciation Expense       150

<em>Total expenses                                 </em><u><em>      4,750   </em></u>

Net Income                                            $1,250

<u><em>Note:</em></u>

1. Revenues = 5,500 + 500 (Adjustment 5) = $6,000

Performed services not recorded will add.

2. Wages expense = $2,300 + 300 (Adjustment 3) = $2,600

Accrued wages not paid will add to the wages expense.

3. Supplies Expense = $1,200 - 200 (Adjustment 2) = $1,000

Supplies expense includes supplies on hand will decrease the supplies expense.

3 0
3 years ago
Upper A report about the decline of Western investment in third world countries included this: "After years of daily flights com
Ksenya-84 [330]

Answer:

True

Explanation:

The actual amount of the decrease in foreign investment is less than​ 100% therefore, if foreign investment fell by​ 100%, it would be cut in half.​ Apparently, a decrease of​ 200% means that it would be totally​ eliminated, and a decrease of more than​ 200% is impossible.The the statement does not mention the initial amount of foreign investment.

8 0
3 years ago
The Nautical Corporation manufactures custom-made wood wall units. The following data pertains to Job X4A: Direct materials plac
Leokris [45]

Answer:

Total Cost of Job X4A:                                             $

Direct material cost  ($9,000 x 500 units)              4,500,000                              

Direct labour cost (300 hrs x $15 x 500 units )       2,250,000

Overhead applied (100 hrs x $22.50 x 500 units)  1,125,000

Total cost                                                                    7,875,000

Explanation:

The total cost of Job X4A is the aggregate of direct material cost, direct labour cost and overhead applied. Overhead is absorbed on the basis of machine hours. Thus, we will multiply the overhead rate by machine hours and number of units produced.          

7 0
3 years ago
The fundamental idea behind _____ is that corporations have duties that go beyond lawful execution of their economic function.
Simora [160]

Answer:

Corporate Social Responsibility.

Explanation:

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5 0
2 years ago
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