Answer:
1st quarter:
Sales budget= 26,400 units
Explanation:
Giving the following information:
First-quarter budgeted jump rope sales in units 23,000
Second-quarter budgeted jump rope sales in units 70,000
Inventory at the beginning of the year was 3,600 jump ropes.
Totz Company wants to have 10% of the next quarter's sales in units on hand at the end of each quarter.
To determine the production budget, we need to take into account the beginning inventory, the sales for the quarter and the ending inventory.
Sales budget= sales for the quarter + ending inventory - beginning inventory
1st quarter:
Sales budget= 23,000 + (70,000*0.10) - 3,600= 26,400 units
Answer:
in this problem, we need to calculate Gomez's accounting and economic profit. To do this, let us first classify and list the explicit and implicit costs. Revenue: Sales: $85,000 Explicit costs: Cost of one helper: $18,000 Rent: $8,000 Materials: $24,000 These are the costs that require an outlay of cash. Implicit costs: Opportunity cost of funds invested in equipment: $7,000 Gomez could have invested the funds in another asset that could earn him $7,000 Opportunity cost of working as a potter in his own shop: $20,000 Gomez could have worked as a potter for a competitor that could earn him $20,000. This is the worth of Gomez's skill as a potter. Entrepreneurial talent: $4,000 This is the worth of Gomez's talent in running the business. These costs do not require an outlay of cash. These are the implicit costs. Now, we are ready to calculate both the accounting and economic profit of Gomez. a. Calculate the accounting profit for Gomez's pottery firm. $_ Accounting profit = Total Revenue − Total Explicit Costs Accounting profit = $ 85 , 000 − ( $ 18 , 000 + $ 8 , 000 + $ 24 , 000 ) Accounting profit = $ 85 , 000 − $ 50 , 000 Accounting profit = $ 35 , 000 The accounting profit is equal to $35,000. b. Now calculate Gomez's economic profit. $_ Economic profit = Total Revenue − Total Explicit and Implicit Costs Economic profit = $ 85 , 000 − ( $ 18 , 000 + $ 8 , 000 + $ 24 , 000 + $ 7 , 000 + $ 20 , 000 + $ 4 , 000 ) Economic profit = $ 85 , 000 − $ 81 , 000 Economic profit = $ 4 , 000 The economic profit is equal to $4,000.
there are 5 ways to participate in your community
1 volunteer your time
2 donate your resources
3 shop locally
4 join a class or group
5 support your local sports teams
6 organise your own event
Hope it is helpful
<span>The wealthiest nations of Southeast Asia, excluding Singapore (which is one of the wealthiest countries in the world) are Thailand and Malaysia, with Malaysia being in the 130th position according to GNI (Gross national Income) and Thailand in the 120th position (the higher the number the bigger the GNI). After this it's Indonesia in the 72nd place. </span>
<span>Knowing how to introduce yourself in the letter can certainly help you gain the respect and attention after proper submission of your resume. is the answer</span>
