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Sauron [17]
3 years ago
14

Best products, an Atlanta based company, is in the midst of its budgeting process. It has already prepared its direct materials

usage budget and is now in the process of preparing its direct material purchase budget. In addition to the details gathered to prepare the direct materials usage budget, Best also must know ________. the beginning direct materials inventory level the target direct materials ending inventory the quantity of direct materials to be purchased the ratio of direct materials to cost of goods sold
Business
1 answer:
zubka84 [21]3 years ago
8 0

Answer:

The target direct materials ending inventory is the correct answer.

Explanation:

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With a framework in place, controls and risk become more measurable. The ability to measure the enterprise against a set of stan
weeeeeb [17]

Answer:

True

Explanation:

When a company as a framework to measure risk against, it can properly assess risk in different periods of time, depending of the risk score obtained within the framework.

This helps regulators because they can access an accurate primary information from the company itself (later on, they should probably compare that information against their own standards in order to prevent bias), and it also helps the company because it can see where it stands in terms of risk, which reduces uncertainty.

7 0
3 years ago
Units of Labor Quantity of Output Marginal Revenue
lora16 [44]

Answer:

$7,650

Explanation:

Calculation for the marginal revenue product of the fifth unit of labor

Using this formula

Fifth unit of Labor marginal revenue product=Fifth Quantity of Output*Marginal Revenue

Let plug in the formula

Fifth unit of Labor marginal revenue product=1,530 *$5

Fifth unit of Labor marginal revenue product=$7,650

Therefore the marginal revenue product of the fifth unit of labor is $7,650

3 0
3 years ago
When Mi Ola’s purchasing manager places the weekly order for new bikinis based on how many of each type have sold that week, thi
geniusboy [140]

Answer:

The process of making this decision By the CLASSICAL MODEL of decision making

Explanation:

The classical general equilibrium model was developed in the 18th century within the neoclassical economics and it is related to classical economics.

The classical general equilibrium model aims to describe the economy by taking an aggregate of the behavior of individuals and firms.

Decision taken using this Method is usually based on what the eyes are seeing. Facts.

From the text, Ola buys new bikinis weekly based on the designs the customers are buying more. He decides on what to buy for the new week by looking at the designs that his customers went for the previous week. This is a clear case of Classical model of Decision making.

5 0
3 years ago
The statement of owner's equity begins with the beginning balance followed by a.adding net income less withdrawals b.adding inve
ddd [48]

Answer:

D. Adding investments plus net income less withdrawals.

Explanation:

This statement is generally used to show the owners capital at the beginning of an investment period which is seen or said to affect or changes in balance sheet at a section termed to be the equity section. It is said to reveal and let a shareholder know the additional and subtractional changes that happens/happened in the shareholders account.

In some certain business kind which ranges from a sole proprietorship type of business to the others, movement in capital occurs as a result of some elements.

Therefore it is seen that net income less withdrawals and also investment adding is been seen after an investors equity statement in the beginning of account balancing.

6 0
3 years ago
The Pita Pit borrowed $100,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest
Daniel [21]

Answer:

$4,000

Explanation:

The computation of the interest expense is shown below:

= Borrowed amount × rate of interest × number of months ÷ (total number of months in a year)  

= $100,000 × 12% × ( 4 months ÷ 12 months)  

= $4,000

The four months is taken from Jan 2022 to May 2022

We simply applied the simple interest formula to determine the interest expense and the same is shown above

4 0
3 years ago
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