Answer:
D. Altering financial statement
Explanation:
I would recommend it lower its price.
Explanation:
iWatch is not a product a lot of people wish for and it doesn't compliment the life of users enough to be expensive to buy. When it is expensive sales will reduce which would make sales revenue reduce but if the price is low a lot of people will patronize the product thus increase revenue.
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Answer:
$415
Explanation:
For computing the sales per unit first we have to determine the total sales value which is shown below:
Direct Production costs (1,000 units × $125) $125,000
Fixed Overhead costs for the year = $20,000 × 12 months = $240,000
Total Costs for the year $365,000
Gross Profit desired (1,000 units × $50) $50,000
Total Sales Value desired = Costs + Profit $415,000
Now
Sales price per unit is
= $415,000 ÷ 1,000 units
= $415
This is the answer but the same is not provided
Answer:
They provide more detail and utility than a basic expense record. ...
They're the foundation of a reliable purchasing process. ...
They improve organisation for multiple projects and processes. ...
They provide clear and highly detailed levels of communication to all parties.
Explanation:
Answer:
The answer is:
A 15% increase in inventory turns for Toys by Tom, Inc. would bring this ratio to 4.8 times, suggesting improvement in efficiency.
Explanation:
We have the current Inventory turnover = COGS / Inventory = 41,700/10,000 = 4.17 times
=> An 15% increase in the Inventory turnover will bring the Inventory turnover ratio to: 4.17 x 1.15 = 4.8 times;
Increasing in inventory turnover may be the result of higher sales ( thus higher COGS) or low level of inventory holding - thus limiting the resources spending on idle inventory. So, higher level of inventory turnover in someways suggesting improvement in efficiency.