Horizontally organised companies do not have a strict hierarchy of posts with increasing importance and allow more freedom to the employees.
Explanation:
Horizontally organised companies function very differently from traditional companies as the traditional structure is a pyramidal vertical structure.
<u>In this structure people at the top are few and are at higher positions and issue orders which are distributed by managers to employees.</u>
<u>In the horizontal structure the managers are taken out of play and even the employees make important decisions for the company.</u> This allows for greater morale and freedom but can only work for small and medium sized businesses in certain niches.
Answer:
D. cost of goods available for sale.
Explanation:
The cost of goods available for sale, also known as the total inventory, represents the total amount of finished products that a company had in its store for selling. The calculation of costs of goods available for sale involves adding beginning stock to the net purchases.
Beginning inventory is the ending balance in the previous financial period. It is the finished product balance brought forward of the prior period. Net purchases are the purchases adjusted for discounts and purchase returns. The costs of goods available for sale minus ending inventory will equal to the costs of goods sold.
Answer:
B. ticketing and marking
Explanation:
Floor ready is the term used to refer to the merchandise which is ready to sale and that the merchandise is detailed with every description required.
That means it is ready with the size, quality, and quantity that is required to be marked.
Along with that it is even priced more properly and is already tagged with the label of description and price.
This all labeling and ticketing is basically done in the retail store before it is offered to the customer.
Answer:
11,000
Explanation:
The breakeven point is the number of units that must be sold such that the total sales becomes equal to the total cost. The total cost is made of the fixed and variable cost.
Given
selling price = $15.00 per unit
Fixed expenses total = $51,000 per year
Breakeven units = 8500
let the variable cost per unit be y
15(8500) = 8500y + 51000
8500y = 127500 - 51000
y = 76500
/8500
y = $9
To make a profit of $15,000, let required sales unit be T
15T - (51000 + 9T) = 15000
6T = 15000 + 51000
6T = 66000
T = 11,000
To make a profit of $15,000, sales in unit must be 11,000
