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3 years ago

Write the importance of a business operating plan

Business

2 answers:

Leviafan [203]3 years ago

8 0

Answer:

importance of a business operating plan

Explanation:

whether you're starting small business or exploring ways to expand an existing one, a business plan is an important tool to help guide your decisions.Think of it as a roadmap to success,providing greater clarity on all aspects of your business,from marketing and finance to operations and product/service details

sorry po kung mali

Serjik [45]3 years ago

5 0

Explanation:

Whether you're starting a small business or exploring ways to expand an existing one, a business plan is an important tool to help guide your decisions.

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The production department in a process manufacturing system completed 94,000 units of product and transferred them to finished g

Fofino [41]

Answer:

Weighted Average Method.

a. 110,700 units

b. 106,525 units

c. 82,090 units

FIFO

a. 85,500 units

b. 95,245 units

c. 99,010 units

Explanation:

Calculation of equivalent units of production with respect to direct materials.

FIFO.

a. All direct materials are added to products when processing begins.

Materials

To finish Opening Work in Process 0

Started and Completed 65,800

Closing Work in process (16,700 × 100%) 16,700

Total equivalent units of production 85,500

b. Beginning inventory is 40% complete to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs

Materials

To finish Opening Work in Process (28,200 × 60%) 16,920

Started and Completed (65,800 × 100%) 65,800

Closing Work in process (16,700 × 75%) 12,525

Total equivalent units of production 95,245

c. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory is 30% complete as to materials and 60% complete to conversion costs.

Materials

To finish Opening Work in Process (28,200 × 40%) 11,280

Started and Completed (65,800 × 100%) 65,800

Closing Work in process (16,700 × 30%) 5,010

Total equivalent units of production 82,090

Weighted Average Method.

a. All direct materials are added to products when processing begins.

Materials

Completed and transferred (94,000 × 100%) 94,000

Closing Work in process (16,700 × 100%) 16,700

Total equivalent units of production 110,700

b. Beginning inventory is 40% complete to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs

Materials

Completed and transferred (94,000 × 100%) 94,000

Closing Work in process (16,700 × 75%) 12,525

Total equivalent units of production 106,525

c. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory is 30% complete as to materials and 60% complete to conversion costs.

Materials

Completed and transferred (94,000 × 100%) 94,000

Closing Work in process (16,700 × 30%) 5,010

Total equivalent units of production 99,010

8 0

3 years ago

A property is financed with an 85% LTV at 10% interest over 25 years. What would the estimated BTIRRE be on equity given that th

Fofino [41]

Answer:

c. â€‹15.0%

Explanation:

First we need to calculate the Debt to equity ratio

Debt to equity ratio = Debt / Equity

Debt to equity ratio = 85% / 15% = 5.66667

Now calculate BTIRRE using following formula

BTIRRE = BTIRRP + ( BTIRRP - BTIRRD ) x Debt to equity ratio

Where

BTIRRP = 10.75%

BTIRRD = 10%

Placing values in the formula

BTIRRE = 10.75% + ( 10.75% - 10.00% ) x 5.66667

BTIRRE = 10.75% + 4.25%

BTIRRE = 15.00%

7 0

3 years ago

What was the opening price of Coca-Cola on Jan 1, 1962?

agasfer [191]

Answer:

I'm not 100 %sure but but I think 49 cents

3 0

3 years ago

Read 2 more answers

What does the going concern concept mean?

Nikolay [14]

Answer:

B)a business will continue to operate for the foreseeable future

Explanation:

The concept of 'going concern' means that a business will continue to operate into the foreseeable future. It implies that a business has a long life and is no danger of shutting down or being liquidated.

The going concern concept may be applied when a business is being sold or acquired. When a business is being sold as a going concern, it means that it is being sold as a unit. After the transaction, the business is expected to continue with its operations as normal.

8 0

3 years ago

The receptionist at the information desk of a hospital represents the ______ to the service operation system.

vagabundo [1.1K]

The answer is information as the receptionist are the ones responsible for directing people and having to give out informations in regards of what they don't know and what they should do in the hospital. And it represents as a service operation system.

4 0

3 years ago

Write the importance of a business operating plan​

Write the importance of a business operating plan