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Serga [27]
3 years ago
5

At January 1, 2019, Vaughn Manufacturing has beginning inventory of 2000 surfboards. Vaughn estimates it will sell 7000 units du

ring the first quarter of 2019 with a 12% increase in sales each quarter. Vaughn’s policy is to maintain an ending inventory equal to 25% of the next quarter’s sales. Each surfboard costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2019? g
Business
1 answer:
Iteru [2.4K]3 years ago
6 0

Answer:

Sales revenues= $1,317,150

Explanation:

Giving the following information:

Vaughn estimates it will sell 7000 units during the first quarter of 2019 with a 12% increase in sales each quarter.

Selling price= $150

<u>First, we need to calculate the number of units to be sold in the third quarter</u>:

Sale in units= 7,000*1.12^2= 8,781

<u>Now, sales revenues:</u>

Sales revenues= 8,781*150

Sales revenues= $1,317,150

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If a basket selling price is $13per unit with the variable expense is $10 per unit and the company's monthly fixed expense if $7
TiliK225 [7]

Answer:

26,000 units

Explanation:

The break-even point is calculated by dividing fixed costs by the contribution margin per unit.

Fixed costs are $78,000

Contribution margin per unit = selling costs - variable costs

=$13-$10

Contribution margin per unit=$3

Break-even point = $7800/$3

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6 0
3 years ago
Collectivist values are represented in the social framework of which of the following countries?
jasenka [17]

Answer:

Collectivist values are represented in the social framework of which of the following countries?

C. Brazil

Explanation:

There are different values in the social framework that different countries utilized in the development of various economic models, namely; individualistic and collectivist values. They are further explained below;

1. Collectivist value

These are values that promote group effort and work to achieve certain social and economic goals. The groups can be family groups or even work groups. A major aspect of collectivist is that they disregard personal achievement and desires. Collectivist values discourages competition and encourages empathy for other people. Collectivist value however,has it's disadvantages like; a lack of competition produces doesn't bring quality in terms of production and leadership skills. Examples of countries that have collectivist culture are; China, Korea, Japan, and Brazil. Brazil is a deeply collectivist culture since they expect loyalty between family members and groups.

2. Individualistic value

These are values that encourage personal effort, desires and achievements above group efforts. Individualistic values have the disadvantage of causing high competition that can at times lead to aggression and war, however, these value also have there advantages since most people are more independent and self-sufficient. Examples of countries that have individualistic values are; United States, Australia, and Great Britain.

6 0
3 years ago
The manager is responsible for training you about food safety in your job duties. The most important of these include: Preparing
IceJOKER [234]
I would believe that it would be showing you when and how to wash your hands properly. Because if an employee doesn't have clean hands than the food isn't safe to consume. So I would say the third option.
Hope this helps!
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5 0
4 years ago
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Lithium, inc. is considering two mutually exclusive projects, a and
Alenkasestr [34]
Missing question: Which project should be implemented based on net present value?

Solution:
NPV = -Co + C1/(1+r) + C2/(1+r)^2 + ... + Cn/(1+r)^n

Project A
NPV = -95000 + 65000/(1+0.1) + 75000/(1+0.1)^2 = $26,074.38

Project B
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The rule: The project with higher NPV is chosen for implementation. Based on the NPVs calculated, project B is the most viable.
5 0
4 years ago
Lupe's recorded balance was off by $43, and she thinks that it’s because she made a mistake in her records. What mistakes did sh
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Lupe entered her paycheck in the wrong column. She also forgot to record one of her purchases.
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