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finlep [7]
3 years ago
10

Omar and Janet decide to revise their budget for Rings and Things. What suggestions about labor

Business
1 answer:
Citrus2011 [14]3 years ago
5 0

Answer:

Review labor costs downwards

Explanation:

Janet and Omar should consider revising their budget for labor downwards. In the current state, labor costs are $1000, which is approximately 57 percent of all costs. As a rule of thumb, labor costs should be between 25 to 35 percent of total costs. This implies that Janet and Omar's labor costs are very high in relation to the other costs.

Janet and Omar should aim for a profit. Ideally, a 25 to 30 percent profit is a good target for such a business. For this to happen, they need to cut down labor to between $300 to a maximum of $400.

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3 years ago
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olga55 [171]

Answer:

Holly; more

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5 0
3 years ago
Once an initial sale has been made by an outside​ salesperson, inside salespeople are often asked to​ ________.
Lapatulllka [165]

Answer:

provide ongoing customer​ support, service, and be alert for new sales opportunities

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8 0
3 years ago
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swat32

Answer:

The correct answer is A

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Market research is the research which is a scientific study and it is performed in order to collect the important market information, enable the business to make the right decisions.

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3 0
3 years ago
If the cost of goods sold is more than the cost of goods manufactured, then
ivann1987 [24]

Answer:

C. Finished Goods Inventory has decreased.

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Cost of goods manufactured (COGM) increases when finished goods inventory is <em>produced</em>, while cost of goods sold (COGS) increases when finished goods inventory is <em>sold</em>. If COGS has been increasing faster than COGM has been increasing, the company has been selling more goods than it has been producing. Therefore, it must have sold goods from its surplus of finished goods inventory. Thus, finished goods inventory has decreased.

8 0
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