Answer:
The Total Budgeted Sales of May is $944,000
Explanation:
Budgeted sales are those sales which a business estimated in a particular period of time. While budgeting the future value company calculated the sales cost and other expenses to minimize the uncertainty and prepare for the future.
As per given data
In May
Budgeted sales Volume = 3,200 cookwares
Budgeted price per unit = $295
Budgeted Sale value = Budgeted Volume x Budgeted Sales price = 3,200 cookwares x $295 = $944,000
Cash Sales = $944,000 x 25% = $236,000
Credit Sales = $944,000 x 75% = $708,000
Answer:
The answer is B.strategy implementation
Explanation:
Implementation involves putting the formulated strategy ; organizational design, structure, culture, control
Answer:
The company's expected market price per share After the repurchase would $23.68
Explanation:
In order to calculate the company's expected market price per share After the repurchase we would have to calculate first the Price-to-earnings ratio ( P/E ratio ) as follows:
Price-to-earnings ratio ( P/E ratio )= Market price per share / Earnings per share
Earnings per share = Earnings/ number of shares outstanding =$ 5,700,000 / $790,000 = $ 7.21
Therefore, Price -to-earnings ratio = $ 21 / $ 7.21 = 2.91
If 90,000 shares are repurchased, Therefore Earnings per share =$ 5,700,000 / $700,000 = $ 8.14
Therefore, the company's expected market price per share After the repurchase=$ 8.14 x 2.91 = $23.68
Total cost: $412.00
Marginal cost: $105.00
Average total cost: $103.00
Average variable cost: $50.00
What is marginal cost?
The marginal cost is the cost of producing one more unit of manufacturing. Since marginal cost aids in determining the level of production that is most efficient for a manufacturing process, it is a crucial topic in cost accounting. It is computed by estimating the costs involved in producing just one more unit.
Say, for illustration, that it costs $100 to produce 100 vehicle tires. It would cost $80 to produce one more tire. The cost to produce one extra unit of a good or service is then known as the marginal cost. The marginal cost is determined by the production expenses.
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The answer is Independent Contractors.
According to the law, An independent contractor is a person who contracts with another to do something for him (or her) but who is not controlled by the other nor subject to the other's right to control with respect to his (or her) physical conduct in the performance of the undertaking. He (or she) may or may not be an agent.
Some examples of independent contractors include:
- Subcontractors and building contractors both work independently. The way a contractor and subcontractors carry out their work is not under the authority of the property owner who engages them to finish a project.
- Independent contractors are those who own their own trucks and hire them out on a job-by-job basis; however, those who regularly drive business trucks are typically employees.
Hence, In the context of agency law, outside accountants and subcontractors hired to perform construction projects are examples of Independent contractors.
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