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shtirl [24]
3 years ago
15

Examine the quarterly sales data in a little different way. Contruct two pie charts, one for sales in 2012 and the other for sal

es in 2013. Does it appear that sales are becoming more seasonal or less seasonal?
Revenues
Quarter 2011 2012 2013
$ 767 $ 10,613 $ 30,342
$ 2,174 $ 6,424 $ 33,867
$ 9,687 $ 19,283 $ 34,246
$ 8,999 $ 33,019 $ 43,783
Totals $ 21,626 $ 69,338 $142,238
Business
1 answer:
julsineya [31]3 years ago
7 0

Answer:

sales are becoming less seasonal

Explanation:

besides constructing a pie chart, we can also answer this question by percentages (which is more exact).

2012:

total sales = $69,338

Q1 sales = $10,613 / $69,338 = 15.31%

Q2 sales = $6,424 / $69,338 = 9.26%

Q3 sales = $19,283 / $69,338 = 27.81%

Q4 sales = $33,019 / $69,338 = 47.68%

2013:

total sales = $142,238

Q1 sales = $30,342 / $142,238 = 21.33%

Q2 sales = $33,867 / $142,238 = 23.81%

Q3 sales = $34,246 / $142,238 = 24.08%

Q4 sales = $43,783 / $142,238 = 30.78%

During 2012, almost 50% of total sales happened during Q4, something similar to selling toys which are extremely seasonal due to Christmas.

During 2013, this changed since Q4 sales only represent 30% of total sales. Sales increased during Q1 and Q2, and slightly decreased in Q3. They are much more similar now, since sales are almost evenly spread throughout the year.

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NARA [144]
The term that is being described above is EXPEDITING. From the term itself, expedite means to a process of making something happen sooner or immediately. When it comes to business, expediting is a term that refers to the management of purchases wherein the products are being delivered and arrived in a timely fashion while maintaining its quality.
7 0
3 years ago
An employee is dissatisfied with the resolution of an ethical conflict with his supervisor at his place of employment. According
Greeley [361]

Answer: Contact the top level of the management who is not involve in the ethical conflict      

Explanation:

 According to the given scenario, an employees of an organization are basically dissatisfied with the various types of resolutions of given ethical conflicts made by the company's supervisors.

 On the basis of the institute  management accountants, the employees next step is the contact with the top level management and involve them in the decision of an ethical conflicts so that they provide an effective resolution based on the given situation.    

 Therefore, The given answer is the correct answer.    

     

7 0
3 years ago
You decide to join the economics club, but this means you can't join the accounting club because it meets at the same time. Whic
asambeis [7]

The concept her is "the real cost of something is what you must give up to get it"

<u>Explanation:</u>

As we come across trade-offs it is a necessary to make decisions on the next best alternatives which is the principle of opportunity cost.

Opportunity cost is the benefits and advantages that a business entity or an individual loses on choosing one alternative decision over the other. It is calculated with the help of the following formulas,

\text{Opportunity Cost = Total Revenue - Economic profit}

Or,

\text{Opportunity cost }= \frac{\text{What one sacrifice}}{\text{What one gain}}

In economical terms, choices are measured in terms of opportunity costs.

4 0
3 years ago
Read 2 more answers
Since your birth​, your grandparents have been depositing $ 100 into a savings account every month. The account pays 9​% interes
g100num [7]

Answer:

Future Value= $53,635.17

Explanation:

Giving the following information:

Since your birth​, your grandparents have been depositing $ 100 into a savings account every month. The account pays 9​% interest annually.

First, we need to calculate the monthly interest rate:

Real interest rate= 0.09/12= 0.0075

Now, using the following formula, we can calculate the future value:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit= 100

n= 18*12= 216

i= 0.0075

FV= {100*[(1.0075^216)-1]}/0.0075

FV= $53,635.17

3 0
4 years ago
A company that produces a single product had a net operating income of $91,000 using variable costing and a net operating income
ololo11 [35]

Answer:

$7,247.05

Explanation:

The computation of the inventory level is shown below:

But before that first we have to find out the fixed cost per unit which is

=  Total fixed manufacturing overhead ÷ production units

= $59,160 ÷ 11,600 units

= $5.1 per unit

Now the inventory level is by taking the difference of net operating income between two methods

= ($127,960 - $91,000) ÷ ($5.1 per unit)

= $7,247.05

Therefore, the inventory is increased by $7,247.05

3 0
3 years ago
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