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creativ13 [48]
3 years ago
11

Suppose the Baldwin company shifts focus to only competing in the Thrift and Nano segments, while competing on price by reducing

costs and passing the savings to the customers, what strategy would they be implementing?a. Broad cost leaderb. Broad differentiationc. Niche cost leaderd. Niche differentiation
Business
1 answer:
Volgvan3 years ago
4 0
What.
Maybe niche cost leader
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ABC Company’s budgeted sales for June, July, and August are 15,600, 19,600, and 17,600 units, respectively. ABC requires 30% of
igor_vitrenko [27]

Answer:

= $52,050

Explanation:

First, the question is as follows:

Calculate the number of pounds of raw material to be purchased in June

Solution

Step One: We determine what was produced in June and in July  as follows

Budgeted Production = Budgeted sales + The desired closing inventory of finished products - the estimated opening inventory of finished products

  • Budgeted Production in June= $15,600 +  (0.3 x 19,600) - $4,680 (This is the ending inventory figure from May) = $16,800
  • Budgeted Production in July= $19,600 - (17,600 units x 0.3)- $5,880 (this is the opening inventory calculated for June above) = $19,000

Step 2 : Determine the Purchased raw materials for June

  • = (Production in June x 3) + Production in July x 3 x 0.25) - (Production in June x 3 x 0.25)

= 50,400 + $14,250 - $12,600 = $52,050

4 0
3 years ago
Identify the accounting concept that was violated in each of the following situations.
NISA [10]

The typical accounting principles/assumption includes Accrual principle, Conservatism principle., Consistency principle, Cost principle, Economic entity principle, Full disclosure principle, Going concern principle, , Matching principle etc.

<h3>What are the correct concept for each of the following activities using the drop-down list?</h3>
  • Pastel Paint Company purchased land two years ago at a price of $250,000. Because the value of the assumptions and land has appreciated to $400,000, the company has valued the land at $400,000 in its most recent balance sheet. - The historical cost.

  • Atwell Corporation has not prepared financial statements for external users for over three years. - The periodicity assumption.

  • The Klingon Company sells farm machinery. Revenue from a large order of machinery from a new buyer was recorded the day the order was received. - The realization principle.

  • Don Smith is the sole owner of a company called Hardware City. The company recently paid a $150 utility bill for Smith's personal residence and recorded a $150 expense. - Economic entity assumption.

Read more about accounting principles

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5 0
1 year ago
Which of the following is a substantive culture-changing action that a company's managers can undertake to alter a problem cultu
adelina 88 [10]

Answer:

B. Revise policies and procedures in ways that will help drive cultural change and replace senior executives who are resisting and obstructing needed organizational and cultural changes.

Explanation:

Culture of a company are the accepted ways of doing things on a daily basis with a view of achieving organisational goals. It includes the way employees interact with one another and their customers, procedures carrying out tasks, and so on.

The management of the company are the drivers of company culture, so a substantiative culture-changing action that can be taken to solve a problem culture will include replacing senior executives who are resisting and obstructing needed organizational and cultural changes, and revising policies and procedures in a way that will drive culture change

6 0
4 years ago
Which of the transactions listed here could be made into a recurring transaction? Select as many as are correct.(Select all that
professor190 [17]

Answer:

An expense, An invoice, An adjusting general entry

Explanation:

Well for the items provided,

Recurring transactions are those transactions which occur almost on a defined intervals. Recurring does not mean regular occurring, but it's occurring period is defined.

Therefore, Recurring Transactions are:

An expense = example monthly fixed payments of salary and wages, rent, utilities.

An invoice = this will be a regular transaction as issuing invoice to customers, is the daily business.

An adjusting general entry = as for like depreciation is fixed monthly,

Note: a customer payment is not recurring as it depends customer to customer as the payment is to be received or not, and at what interval it will be received.

Recurring transactions are:

An expense, An invoice, An adjusting general entry

6 0
3 years ago
James, a casino manager, defines and uses signals and symbols to influence corporate culture by communicating central values to
matrenka [14]

Answer: Cultural Leadership

Explanation:

A) Egalitarian leader is WRONG

B) Cultural Leader: This is the kind of leader that instills cultural heritage such as customs, believe, past stories and values in his/her subodinate as in the case of James who uses signals and symbols to influence corporate culture by communicating central values to employees.

C) Servant Leader is WRONG. It can be likened to a leader that performs almost all the duties of the subodinate

D) Totalitarian Leader is also WRONG

E) Transitional Leader is WRONG

8 0
3 years ago
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