Answer:
The Raw Materials Inventory would have B : debits equaling $19,000
Explanation:
Raw materials are used in a multitude of products. Raw Materials Inventory is the total costs of all components currently in stock that have not yet been used in finished goods production or work-in-process.
Hawkins Manufacturing purchased $13,000 in metal, $6,000 in cloth, and $2,000 in cleaning supplies, the Raw Materials Inventory includes metal and cloth and increases: $13,000 + $6,000 = $19,000
The Raw Materials Inventory would have debits equaling $19,000
Answer:
b. the budget is adjusted to the actual activity for the period.
Explanation:
A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance. The report shows the difference between the actual results and the estimated numbers. Management uses the report to determine if the company's results were in line with management expectations.
The performance report is prepared at the end of a financial period. It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period. The report helps the management identify the companies strong areas, and the sections that need improvements.
Answer:
If you’re a B2B marketer or a salesperson, you’d know that your ultimate goal is to get the maximum number of sales at the end of the day. How much sales you’re making will give you an idea of how effective your outreach and marketing efforts are.
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Answer:
It is more profitable to add the vitamin and sell the product for $5. Income will increase by $260
Explanation:
Giving the following information:
The number of units= 1,000 packages
Actual:
Selling price= $4.00 per pack.
Variable cost is $1.50 per unit
Fixed costs are $1,700 per month.
New option:
Selling price= $5
Variable cost= $1.9
Fixed costs= $2,040
We need to calculate the net income of both options, and choose the more profitable one:
Actual:
Net income= 1,000*(4-1.5) - 1,700= $800
New:
Net income= 1,000*(5 - 1.9)- 2,040= $1,060
It is more profitable to add the vitamin and sell the product for $5.
Proponents of a fixed exchange rate system point out that a major drawback of a floating exchange rate is that it <u>C. leads to uncertainty</u> about the value of goods traded internationally.
<h3>What is a floating exchange rate?</h3>
A floating exchange rate refers to the foreign exchange rate as determined by the forex market based on supply and demand relative to other currencies.
A floating exchange rate system gives the government more scope to use monetary and fiscal policies to achieve domestic economic stability, unlike a fixed exchange rate regime.
Thus, proponents of a fixed exchange rate system point out that a major drawback of a floating exchange rate is that it <u>C. leads to uncertainty</u> about the value of goods traded internationally.
Learn more about exchange rate systems at brainly.com/question/11160294
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