Answer:
<u>Purchasing managers.</u>
Explanation:
A purchasing manager is responsible for establishing the best conditions for purchasing goods and services necessary to perform organizational activities.
Has more authority than a purchasing agent or buyer, although the exercise activities are similar, the purchasing manager has a greater responsibility for overseeing the procurement process and the activities of a purchasing agent or buyer.
The responsibilities of a purchasing manager are:
- purchase of higher quality and lower priced goods and services.
- seek the most reliable suppliers for the organization.
- price negotiation and purchase contracts.
- forecast of future demand. (...)
Answer:
Holmes should sell process the product further, because the profit if process further is higher than sell product now.
Explanation:
Net profit if sell product now is $37,500 ( = sales to another manufacturer $97,500 – already spent $60,000)
Sales as in process further/ Incremental Accounting
Sales: $695,125 (=$415 x 1,675 units)
Additional Process costs: $485,570 (=$290 x 1,675 units)
Net profit if process further = total sales $695,125 – already spent $60,000 – additional process cost $485,570 = $149,555, higher than profit $37,500 if sell now.
Payday loans typically have the highest interest rate. APEX
Answer: $137,000
Explanation:
Contribution margin = Sales - Variable expenses
Sales (30 * 20,000) $600,000
Cost of Goods sold(24,000 + 340,000 - 19,000) ($345,000)
Variable selling expense (3.2 * 20,000) ($64,000)
Variable administrative expense (2.7 * 20,000) ($54,000)
Contribution margin $137,000
Cost of goods sold = Beginning merchandise + Purchases - Ending merchandise
