What is the first step in setting up a budget? (1 point)

Provo, Inc. has an estimated annual tax rate of 35% in the first quarter of 2021. Pretax income for the first quarter was $300,0

Alex Ar [27]

Answer:

$105,000

Explanation:

Calculation for How much income tax expense is recognized in the secound quarter of 2021

Secound quarter income tax expense=$300,000 × .35

Secound quarter income tax expense= $105,000

Therefore How much income tax expense is recognized in the secound quarter of 2021 is $105,000

5 0

3 years ago

What’s the manager is responsible for overseeing a company’s product mix

RoseWind [281]

Answer:

Marketing manager

Explanation:

Product mix, also known as product assortment, is the total number of product lines that a company offers to its customers. The product lines may range from one to many and the company may have many products under the same product line as well. All of these product lines when grouped together form the product mix of the company.

3 0

3 years ago

Read 2 more answers

Harrison Company's general ledger account had a balance of $7,300 on July 31 and the following information is also available: De

kari74 [83]

Answer:

See below

Explanation:

The above is an incomplete question. However, the below is a similar question to complement it.

Balance July 1, $55,678

Deposits $179,500

Checks processed ($192,610)

Service charges ($30)

NSF checks ($1,200)

Monthly loan repayment deducted directly by the banks from account includes ($320) in interest. ($3,320)

With regards to the above, the corrected cash balance is computer as;

Balance per books

$7,300

Less:

Error in recording receipts ($53 - $35)

($18)

Less;

NSF charges

($1,200)

Less:

Automatic monthly loan payment

($3,320)

Less:

Service charge

($30)

Corrected cash balance

$2,732

6 0

3 years ago

Using the information the you learned about your ability to produce running show inserts and hiking shoe inserts, complete your

Naddika [18.5K]

Answer:

Combinations Running shoe inserts Hiking boot inserts

A 15 0

B 12 2

C 9 4

D 6 6

E 3 8

F 0 10

Explanation:

The question is incomplete.

The complete question is:

"You are getting ready to open The Shoe Hut, but you need to need to determine whether you have the absolute or comparative advantage in the production of specific items. This will help you determine which product is the best for specialization.

Your production possibilities are as follows:

You have the resources to produce up to 15 running shoe inserts.

You have the resources to produce up to 10 hiking boot inserts.

For every 2 hiking boot inserts produced, you give up the production of 3 running shoe inserts.

Your production possibilities schedule will help you determine:

your opportunity costs

your best options for production.

1. Using the information that you learned about your ability to produce running shoe inserts and hiking boot inserts, complete your production possibilities schedule"

<h2>Solution</h2>

Use the variable R and H to name the number of running shoe inserts and hiking boot inserts.

1. You have the resources to produce up to 15 running shoe inserts.

Then, if you use all the resources to produce 15 running shoe inserts and none boot inser, your possibility is R = 15, H = 0.

2. You have the resources to produce up to 10 hiking boot inserts.

Then, if you use all the resources to produce 10 hiking boot inserts, you will not produce any running shoe insert.

This possibiity is: R = 0, H = 10.

3. For every 2 hiking boot inserts produced, you give up the production of 3 running shoe inserts.

Then you can build a table, starting with R = 15, and H = 0, showing a sequence decreasing R by 3 and increasing H by 2:

Row R H

1 15 0

2 12 2

3 9 4

4 6 6

5 3 8

6 0 10

That is the complete set of production possibilities. There are a total of 6 differente combinations, and you can call each one with a different letter from A to F, which is what the table of combinations shows.

4 0

4 years ago

The forecasting model that uses a panel of experts who may not even know each other is the ________ model.

MaRussiya [10]

Answer: Delphi model

Explanation:

The Delphi model is one of the type of forecasting process method that specifically uses the different types of panel of experts for the purpose of questionnaires round.

This type of method also uses various types of face to face conservation meetings so that is why is also known as the structured communication process.

According to the given question, the forecasting model is basically using the panel experts for the purpose of forecasting the business and the industrial based information and their decisions. The versatility is one of the advantage of the Delphi model.

Therefore, Delphi model is the correct answer.

4 0

4 years ago