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Sophie [7]
3 years ago
6

Cari Chair Company manufactures rocking chairs. The estimated number of rocking chair sales for each of the last three months of

Year 1 is as follows: Month Unit Sales October 10,000 November 14,000 December 15,000 Finished goods inventory at the end of November was 4,000 units. Desired ending finished goods inventory is equal to 25 percent of the next month's sales. Cari Chair expects to sell the chairs for $100 each. January sales for Year 2 are projected at 16,000 chairs. How many chairs should Cari produce in December
Business
1 answer:
tester [92]3 years ago
4 0

Answer:

Production December=  15,000

Explanation:

Giving the following information:

Month Unit Sales

October 10,000

November 14,000

December 15,000

Finished goods inventory at the end of November was 4,000 units.

<u>To calculate the production required for December, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

Production=  15,000 + 16,000*0.25 - 4,000

Production=  15,000

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Describe the purpose of feasibility analysis. When should a feasibility analysis be conducted relative to opportunity recognitio
lidiya [134]

Answer:

To decide if a project is feasible or not.

Explanation:

Feasibility analysis is an important tool to determine if a business model should be attempted or not. It helps to determine all the aspects of a business from a social perspective to economic aspects. Before implementing a project a feasibility report is designed to analyse the worth of a project and whether it is feasible to continue the project or not.

It is important to conduct a feasibility study before the business plan. If the feasibility study shows positive results than it is feasible to move towards designing a business plan. A business plan is developed after the opportunity is created and that opportunity is created by feasibility analysis. So, a feasibility analysis is very important to identify and execute an opportunity.

5 0
3 years ago
Wims, Inc., has current assets of $4,900, net fixed assets of $27,300, current liabilities of $4,100, and long-term debt of $10,
nexus9112 [7]

Answer:

(a) $17,900

(b) $800

Explanation:

Given that,

Current assets = $4,900

Net fixed assets = $27,300

Current liabilities = $4,100

Long-term debt = $10,200

(a) Total assets = Current assets + Net fixed assets

                    = $4,900 + $27,300

                    = $32,200

Total liabilities = Current liabilities + Long-term debt

                        = $4,100 + $10,200

                        = $14,300

value of the shareholders’ equity:

= Total assets - Total liabilities

= $32,200 - $14,300

= $17,900

(b) Net working capital:

= Current assets - Current liabilities

= $4,900 - $4,100

= $800

7 0
3 years ago
A series of coordinated, related, multiple projects that continue over an extended time period and are intended to achieve a goa
Advocard [28]

Answer:

The correct answer is letter "B": Program.

Explanation:

A program collects the sets of ideas, projects, and plans companies come up with to pursue and accomplish their objectives. Programs tend to be reviewed periodically to verify if the progress of the goals is made according to what is expected or if there are delays to be adjusted.

8 0
3 years ago
A company's scope defines the products and markets on which it will concentrate.True or false?
serious [3.7K]

Answer:

The statement is: True.

Explanation:

A company's scope determines which sector of the market they will focus on and in what product specifically. For new businesses, it is recommended to engage in the production of one service only so the company can have enough control of it but the organization's goal should be to diversify as long as the firm grows and starts earning stable revenues.

8 0
3 years ago
You are preparing to park your cor and you notice that you are near a rorood crossing. You
nikdorinn [45]

Answer:

Its is A

Explanation:

A

4 0
3 years ago
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