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True [87]
3 years ago
13

Beatrice Company estimates that unit sales of its lawn chairs will be 8,000 in October; 8,700 in November; and 9,650 in December

.
Required:
Compute Beatrice’s sales budget for the fourth quarter assuming each unit sells for $27.50.
Business
1 answer:
mezya [45]3 years ago
8 0

Answer:

Following are the solution to this question:

Explanation:

                                             Oct              Nov                  Dec              4th Quarter

Unit of budget sales            7,200 \ \ \ \ \ \ \ \ \ \ \ \ 7,400  \ \ \ \ \ \ \ \ \ \ \ \ 7,100  \ \ \ \ \ \ \ \ \ \ \ \ 21,700

 Cost for sale                       27.5 \ \ \ \  \ \ \ \ \ \ \ \ \ \ 27.5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 27.5\  \ \ \ \ \ \ \ \ \ \ \ \ \   27.5

\text{Complete selling Budgeted}  \$ \ 198,000 \ \ \ \ \ \    \$ \ 203,500 \ \ \ \ \ \ \$\ 195,250 \ \ \ \ \ \ \$ \  596,750

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taurus [48]

Answer:rival in consumption and non- excludable

             rival in consumption and excludable

            common resource

            private good

Explanation:

The fish in the river are considered ___rival in consumption __ and __non-excludable ___ whereas the fish in the private pond are _rival in consumption____ and _excludable____. In other words, the fish in the river are an example of ___common resource__, and the fish in the private pond are an example of ___private good__.

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3 years ago
beverly would like to take action to improve interprofessopmal communication among staff members. To be a successful agent of ch
zhannawk [14.2K]

The action that Beverly has to take first to be able to promote interprofessional communication would be Collection information about the situation.

<h3>What is interprofessional communication?</h3>

This is a term that has to do with the communication that takes place between the people that have similar occupation or profession.

It is when people in health are able to communicate within themselves, their patients and families in a more responsible way.

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2 years ago
An investor sold 100 shares of ran common stock short at $50 per share. the ran is now at $38. the investor is still bearish on
Anni [7]

If the investor is my client, i will advise him to enter a buy stop order at $40.

<h3>What is the buy stop order?</h3>

In the share market, these are protective tool that are mainly for short sellers.

Now, as the stock should begin to rise from its current price of $38, once it reaches or exceeds $40, a buy order at the market is entered.

Hence, the stock purchased is used to cover the short position and the investor's profit is the $50 sale price minus the cost of the purchase.

However, because the investor is short term person, the only protective order would be a buy and not a sell.

Therefore, i will advise him to enter a buy stop order at $40

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7 0
1 year ago
Aspen Company estimates its manufacturing overhead to be $515,000 and its direct labor costs to be $515,000 for year 2. Aspen wo
Step2247 [10]

Answer:

COGS    3807 debit

FG          7896 debit

WIP         2397 debit

  Factory Overhead  14,100 credit

--to record the underapplication of overhead--

Explanation:

overhead rate:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

$515,000 overhead /  515,000 labor cost = $1

each labor cost generates a dollar of overhead.

221,400 x 1 =   221,400 overhead in COGS

459,200 x 1 = 459,200 overhead in Finished Goods

139,400 x 1 =   139,400 overhead in WIP inventory

Total applied  820,000

Actual            805,900

Underapplied    14,100

Now we weight each concept and determiante the portion underapplocated in each concept

\left[\begin{array}{cccc}Item&Value&Weight&Allocated\\COGS&221400&0.27&3807\\FG&459200&0.56&7896\\WIP&139400&0.17&2397\\&&&\\Total&820000&1&14100\\\end{array}\right]

4 0
3 years ago
State licensing helps ensure that professionals
Bingel [31]

Answer:

are qualified in there industry

Explanation:

that's what my quiz said was right

7 0
3 years ago
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