Which option, within the Word Options dialog box, allows users to add the Auto Text function to the Ribbon?

The part of the formal business plan in which you discuss the industry, business structure, products and services, and how you p

max2010maxim [7]

The executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.

The business plan is a formal and written document which outlines the goals of the company, shows tasks to be performed and shows the financial plans to be use to accomplish the outlined goals.

The part of the business plan includes:

Executive summary shows the summary of key points in the business plan.
Marketing plan shows the promotion and marketing plans of the business.
Key management bios shows the planned management structure of the business
Financial plan shows the finance plans of the business

Therefore, the executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.

Learn more about this here

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7 0

3 years ago

You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel

uranmaximum [27]

The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.

<h3>What is a distribution channels?</h3>

Distribution channel serves as the means by which companies make their products to be available to final consumer.

This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.

Learn more about distribution channel at;

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4 0

2 years ago

W. W. Phillips Company produced 4,000 leather recliners during the year. These recliners sell for $400 each. Phillips had 500 re

andre [41]

Answer:

a. Statement of cost of goods manufactured.

$ $

Beginning work-in-process inventory 13,040

Raw Materials :

Beginning materials inventory 46,800

Add Purchases of raw materials 320,000

Available for Production 366,800

Ending materials inventory (66,800) 300,000

Direct labor 200,000

Indirect labor 40,000

Rent, factory building 42,000

Depreciation, factory equipment 60,000

Utilities, factory 11,900

Ending work-in-process inventory (14,940)

Cost of goods manufactured 652,000

b. Average cost of producing one unit of product in the year.

Average cost = Total Cost ÷ Total units produced

= $652,000 ÷ 4,000

= $163.00

c. Prepare an income statement for external users.

$

Sales (3,800 × $400) 1,520,000

Less Cost of Goods Sold ($163.00 × 3,800) (619,400)

Gross Profit 900,600

Less Expenses :

Salary, sales supervisor (90,000 )

Commissions, salespersons (180,000 )

General administration (300,000)

Net Income / (Loss) 330,600

Explanation:

<u>Determination of leather recliners sold during the year.</u>

Units Sold = Opening Finished Inventory + Units Produced - Ending Finished Inventory

= 500 + 4,000 - 700

= 3,800

Other Notes :

Include only manufacturing costs in the statement of goods manufactured.

External users would want to see an income statement prepared using an absorption costing system in line with financial reporting standards.

5 0

4 years ago

Frederick Company has two service departments (Cafeteria Services & Maintenance). Frederick has two production departments (

Alja [10]

Answer:

Maintenance total cost: 325,000

Cost Allocated to Packagin from Maintenance 162,500

Explanation:

$\left[\begin{array}{ccccc}&Maintenance&Cafeteria&Assembly&Packaging\\Employees&4&&8&8\\Direct \: Cost&270,000&275,000&&\\Allocate C&55,000&-275,000&&\\Subtotal&325,000&&110,000&110,000\\Allocate M&-325,0004&-15,760&-162,500&-162,500\\Total&&&272,500&272,500\\\end{array}\right]$

We will divide the cafeteria cost by the sum of employees of the department and maintenance.

4+8+8 = 20

275,000/20 = 13,750

Then we multiply this by each department employees and add them to their cost.

Maintenance total cost after adding cafeteria is 325,000

Then we do the same, we divide this amount for the emplyees of the processsing department:

8 + 8 = 16

325,000/16 =20,325.5

Then we multiply by 8 employees: 162,500

Maintenance total cost: 325,000

Cost Allocated to Packagin from Maintenance: 162,500

5 0

3 years ago

14) What are the two parts of demand?

Usimov [2.4K]

Answer: The two parts of demand are:

• Willingness to buy

• Ability to pay

Explanation:

Demand simply refers to the amount of the goods and services which the buyers want to purchase at a certain price for a particular period of time.

There are two parts of demand which are the willingness of a buyer to purchase a certain good and also the ability to pay by the person.

4 0

3 years ago