1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ANTONII [103]
2 years ago
12

Organization Weighs Use of Open Source Software. You began operating a small general electric contracting company two years ago.

Originally, it was just you and your cousin, but it has grown to five licensed electricians, plus one office manager who takes calls from customers, schedules the work, and orders parts and supplies. Your company handles a wide range of work, including installing new circuit breaker panels, rewiring existing electrical systems for renovations and additions, and installing residential light fixtures, security lighting systems, swimming pool lighting, and ceiling fans. Business has really taken off, and your current manual systems and procedures can no longer keep pace. The office manager has been exploring several options and has identified three different software packages designed for small contractors. Each one of the packages includes software designed for managing parts and supplies inventory, scheduling jobs, and invoicing customers. One of the packages also provides the capability to perform accounts receivable and accounts payable functions. Two of the software packages are from large, well-known companies, and both have an initial licensing cost of roughly $550 plus $100 per year for software support. The other software package is open-source software, with no initial cost and no support cost. The office manager is unsure how to proceed, but has your agreement to spend up to $1000 on new software.
Which one of the following should be your next step?
a. Define the basic business functions that you need the software to be able perform.
b. Determine the date by which you need the new software installed and operational.
c. Talk to your cousin Vinnie who is an accountant in a large manufacturing firm.
d. Set an exact limit on how much you are willing to spend on office software.
Business
1 answer:
Alecsey [184]2 years ago
4 0

Answer:

a. Define the basic business functions that you need the software to be able to perform.

Explanation:

The main function of a business needs to be determined so that business strategy can be formulated. The office manager has made an agreement to spend up to $1000 on the new software. It is now required to determine the basic functions which are needed in the new software for business functioning.

You might be interested in
Paano mag kopyahan Kaya tapos Yung sagot​
Gre4nikov [31]

hello i am confusion

6 0
2 years ago
Professor buchanan informed her colleagues about the various intercom systems she had investigated. she then recommended that th
solmaris [256]

The type of presentation that Professor Buchanan give is sales presentation. Sales presentation is a strategy that involves with selling a product or the product or sales that is provided to the consumers are being closed or is being initiated by the seller. 

8 0
3 years ago
Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
Flauer [41]

Answer:

Required 1

<u>Part a</u>

<em>Total Product cost = Variable manufacturing costs + Fixed manufacturing costs</em>

where,

Variable manufacturing costs = ($84,000 + $42,500 + $21,000) ÷ 1,000 units = $147.50

Fixed manufacturing costs = $32,500 ÷ 1,000 units = $32.50

therefore,

Total Product cost = $147.50 + $32.50 = $180.00

<u>Part b</u>

<em>Total period cost = variable non- manufacturing costs + fixed non-manufacturing costs</em>

where,

variable non- manufacturing costs = $15,000 + $5,500 = $20,500

fixed non-manufacturing costs = $24,000 + $28,000 = $52,000

therefore,

Total period cost = $20,500 + $52,000 = $72,500

Required 2

<u>Part a</u>

<em>total direct manufacturing cost = Direct Materials + Direct Labor + Direct (Variable) Manufacturing Overheads</em>

therefore,

total direct manufacturing cost = $84,000 + $42,500 + $21,000 = $147,500

<u>Part b</u>

<em>total indirect manufacturing cost = fixed manufacturing costs</em>

therefore

total indirect manufacturing cost = $32,500

Required 3

<u>Part a</u>

<em>total manufacturing cost = variable manufacturing cost + fixed manufacturing costs</em>

therefore,

total manufacturing cost = $84,000 + $42,500 + $21,000 + $32,500 = $180,000

<u>Part b</u>

<em>total non-manufacturing cost = variable non-manufacturing cost + fixed non-manufacturing cost</em>

therefore,

total non-manufacturing cost = $20,500 + $52,000 = $72,500

<u>Part c</u>

<em>total conversion cost = direct labor cost + manufacturing overheads</em>

therefore,

total conversion cost = $42,500 + $21,000 + $32,500 = $96,000

<em>prime cost = direct material + direct labor</em>

therefore,

prime cost = $84,000 + $42,500 = $126,500

Required 4

<u>Part a</u>

<em>total variable manufacturing cost = direct materials + direct labor + variable manufacturing costs</em>

therefore,

total variable manufacturing cost = $84,000 + $42,500 + $21,000 = $147,500

<u>Part b</u>

<em>total fixed cost = fixed manufacturing costs + fixed non-manufacturing costs</em>

therefore,

total fixed cost = $32,500 + $52,000 = $84,500

<u>Part c</u>

<em>variable cost per unit produced and sold = variable manufacturing cost + variable non-manufacturing</em>

therefore,

variable cost per unit produced and sold = $147.50 + ($20,500 ÷ 1,000) = $168.00

Required 5

<em>incremental manufacturing costs =  variable manufacturing costs</em>

therefore,

incremental manufacturing cost = ($84,000 + $42,500 + $21,000) ÷ 1,000 units = $147.50

8 0
3 years ago
Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.15, but management expects to reduce the p
horrorfan [7]

Answer:

the stock price is $58.23

Explanation:

The computation of the price pay per share today is shown below:

Stock price is

= Current year dividend ÷ (required rate of return - growth rate)  

= $11.15 × (1 - 0.06) ÷ (12% - (-6%)

= $10.48 ÷ 18%

= $58.23

Hence, the stock price is $58.23

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
Which of the following types of business usually has the fastest inventory
vova2212 [387]

Answer:

grocery store - last choice

5 0
3 years ago
Read 2 more answers
Other questions:
  • The government decided to reduce taxes on fast-food to increase revenue. The government assumes that fast-food products have a.
    11·1 answer
  • How did Shakespeare save the life of an inmate, literally and figuratively
    12·2 answers
  • In which language did Aryans write their poems and hymns?
    5·2 answers
  • Gaston Bank had interest revenues of $70 million last year and $30 million in interest expenses. About $300 million of Gaston's
    6·1 answer
  • Technical analysts consider the stock market to be strong when volume _________ in a rising market and _________ during a declin
    12·1 answer
  • Discuss why it is important for company managers to understand and use social capital knowledge to help build social ""ties"" am
    12·1 answer
  • According to the Keynesian transmission mechanism, a rise in the money supply will __________ the interest rate, causing a _____
    7·1 answer
  • Present Value of Bonds Payable; Premium Moss Co. issued $100,000 of four-year, 12% bonds with interest payable semiannually, at
    9·1 answer
  • 2. Buckeye Industries has a bond issue with a face value of $1000. The value of Buckeye’s asset is $1200. In one year they will
    15·1 answer
  • Logan, a 50% shareholder in Military Gear Incorporated (MG), is comparing the tax consequences of losses from C corporations wit
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!