Answer:
c. the administrative principles approach.
Explanation:
The administrative principles approach serves as a guideline to understand the functions that a manager must carry out in order to successfully manage a business. They outlined a series of administrative functions:
- planning
- organizing
- directing
- coordinating
- controlling
I know that its a big number. I'm thinking its around 75-80%
Answer:
Journal entries
Explanation:
The Journal entry is shown below:-
July 1 No Entry is required
July 15
Cash Dr, $4,900
To Unearned Sales Revenue $4,900
(Being cash is recorded)
July 31
Unearned Sales Revenue Dr, $4,900
To Sales Revenue $4,900
(Being unearned sales revenue is recorded)
Cost of Goods Sold Dr, $2,050
To Inventory $2,050
(Being cost of goods sold is recorded)
Answer:
Option (D) is correct.
Explanation:
Large drink:
Contribution margin per unit = Selling price - Variable cost
= $3.00 - $0.80
= $2.20
Small drink:
Contribution margin per unit = Selling price - Variable cost
= $1.00 - $0.50
= $0.50
Sales mix ratio 2:1
(2/3 × 100 = 66.67% for large drink
and 1/3 × 100 = 33.33% for small drink
Weighted contribution margin:
= Contribution margin per unit × sales mix percentage
= ($2.20 × 66.67%) + ($0.50 × 33.33%)
= $1.47 + 0.17
= $1.63 or $1.64 (approx)
Answer:
$5,580 and $3,588
Explanation:
The computation is shown below:
Total Carrying costs is
= Average inventory × the carrying cost per phaser
= (360 phasers ÷ 2) × 31
= $5,580
And,
The Restocking cost is
= Number of orders × the fixed order cost
= 52 × 69
= $3,588
The 52 is the total weeks in a year
We simply applied the above formula