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Mariulka [41]
3 years ago
10

The pdca cycle is a powerful approach for problem solving as it provides the foundation for teams to

Business
1 answer:
natima [27]3 years ago
4 0

The pdca cycle is a powerful approach for problem solving as it provides the foundation for teams to figure out ways to change and implement new ideas within their group setting and project or business. The PDCA stands for plan-do-check-act. In the planning stage your team will plan by determining what the problem is and what ways to fix it. In the do stage, your team will act on the ways you can solve the problem. In the check stage you are looking to check your work and see what worked and what needs to be changed. The final stage is the act stage which if you find solutions that work, implement them moving forward.


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Memphis Company's May sales budget calls for sales of $870,000. The store expects to begin May with $47,000 of inventory and to
grigory [225]

Answer:

The budgeted cost of merchandise purchases is $527,000

Explanation:

The cost of merchandise purchases for May can be computed by first of all calculating the costs of goods sold,then by deducting closing inventory from costs of good sold and adding opening inventory,just like working backwards.

Sales                                              $870,000

less margin($870,000*40%)     ($348,000)

Cost of goods sold                       $522,000

Cost of goods sold =opening stock+purchases-closing stock

purchases=costs of goods sold+closing stock-opening stock

closing stock is $52000

opening stock is $47000

purchases =$522000+$52000-$47000

purchases= $527,000

 

6 0
3 years ago
Read 2 more answers
On August 5, 2021, Carla Vista Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining
emmainna [20.7K]

Answer:

$15,592

Explanation:

Calculation to determine what The amount of cash received by Carla Vista furniture is

Cash received =[(20 × $920)*(100%-7%)] - $670 - $850

Cash received=($18,400*93%)-$670-$850

Cash received=17,112-$670-$850

Cash received=$15,592

Therefore The amount of cash received by Carla Vista furniture is $15,592

4 0
3 years ago
Boris tells a colleague all about a major prospect Boris plans to call on in the next few days and asks the colleague to pretend
Fittoniya [83]

Answer:

b. role playing is the correct answer.

Explanation:

This situation Boris and his colleague are engaged in role-playing.

  • Role-playing means imitating the behavior and role of someone else.
  • It takes place among two or more than two people that act the roles to explore the particular scenario.
  • In the business, role-playing is used to find out the problems from various perspectives and to improve communication among the team members.
  • The role-playing objective is to improve and develop the skills that are necessary for a particular position.

6 0
3 years ago
Use the information to answer the following questions. XXX, Inc. Balance Sheet 2018 2017 2018 2017 Cash 200 450 Accounts Payable
Anna11 [10]

Answer:

$2,145

Explanation:

For the computation of Net Operating Profit After Taxes (NOPAT) first, we need to compute the tax rate which is shown below:-

Tax rate = Tax expense ÷ Earnings before tax

= 700 ÷ 2,000

= 35%

Net Operating Profit After Taxes (NOPAT) = EBIT × (1 - tax rate)

= 3,300 × (1 - 35%)

= $2,145

Therefore for computing the Net Operating Profit After Taxes (NOPAT) we simply applied the above formula.

3 0
3 years ago
Comparative advantage emerges because of the presence of a. trade. b. differing opportunity costs. c. marginal benefits that equ
Firdavs [7]

Answer:

my answer is A-trade bc

is the comparative advantage emerged

6 0
3 years ago
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