Answer:
B. Coordinates production and sales efforts.
C. Takes into account current inventory, confirmed orders, and scheduled production.
Explanation:
Available to promise is a feature in businesses where the person in charge links up the available goods to the customer's demands. It is a coordination of production and sales.
The personnel representing the business checks the current level of production and tries to see if the current level of production or even the scheduled production can meet up with customer's demands. Some computer software are used to perform this operation in real-time.
Answer:
1. Job A256 20
Job A258 160
2.$3,760
3.$10,400
Explanation:
Calculation of cost per unit Job A256 =
Beginning balance 1200
Charged to the jobs during October:
Direct material 3600
Direct labor 800
Manufacturing overhead applied 1200
Total 6800
6800/Units completed 100
=68
Calculation of Cost per unit Job A258
Beginning balance $0
Charged to the jobs during October:
Direct material 1400
Direct labor 600
Manufacturing overhead applied 900
Total 2900
2900/Unit completed 200
=15
1.
Cost of goods sold
= (80 X $68) + (40 X $15) - $800
=5440+600-800
=6040-800
= $5,240
Finished goods JobA256
= 100- 80
= 20
Finished goods JobA258
=200 - 40
= 160
2.
Finished goods
= (20 X $68) + (160 X $15)
= $1,360+$2,400
=$3,760
3.
Calaculation of total value of work in process Cost of JobA257 and JobA260
Job A257
Beginning balance 500
Charged to the jobs during October:
Direct material 3500
Direct labor 1000
Manufacturing overhead applied 900
Total 5900
JobA260
Beginning balance $0
Charged to the jobs during October:
Direct materials $3,500
Direct labor 400
Manufacturing overhead applied 600
Total $4,500
Addition of the total of both JobA257 and JobA260
$5900 +$4,500=$10,400
Answer:
"B"
Explanation:
Market intelligence are sets of tool that can provide information about customers , competitors and other market related factors in order to increase market shares , reduce cost and improve profit
A lot of information are required and can be time consuming and costly .
To this effect an organization always look out for the best possible ways of achieving this in a cost effective way.
We have experts who are specialists in this and an organization can also make use of available data that are related to their marketing objectives.
Insufficient funds to operate a business normally.
Undercapitalization refers to the problem of insufficient funds to operate a business normally.
<h3>What is undercapitalization?</h3>
When a business lacks the money necessary to carry out routine operations and make creditor payments, undercapitalization occurs. This may happen if a company's cash flow is insufficient or if it is unable to obtain financing through debt or equity.
Additionally, undercapitalized businesses are more likely to favor high-cost capital sources like short-term loans over low-cost alternatives like equity or long-term debt. Investors should exercise caution if a company is undercapitalized since the likelihood of bankruptcy rises when a company is unable to pay its debts in full.
Learn more about undercapitalization here:
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Answer:
1.5%
Explanation:
Reserves is the total amount of a bank's deposit that is not given out as loans
Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Excess reserves is the difference between reserves and required reserves
Total increase in reserve = $15,000,000 + $1,800,000= $16,800,000
New excess reserve = total increase in reserve x initial reserve requirement) / initial excess reserve
($16,800,000 x 12.5%) / $15,000,000 = 14%
Increase in reserve requirement = 14% - 12.5% = 1.5%