Answer:
<u>Descriptive Research.</u>
Explanation:
Descriptive marketing research aims to observe and discover some market phenomena, so that it is possible to describe, classify and interpret such phenomena, such as what is happening in the market, specifying who, what, where and how.
It is usually carried out through discussions, questionnaires, interviews and specific groups. It serves as a basis for explaining the occurrence of such phenomena encountered.
Budgeting allows management to decentralize responsibility while yet maintaining control over the company. It quickly uncovers organizational flaws, inefficiencies, and deviations that may be addressed in order to reach a desired goal.
Answer:
$4,600
Explanation:
Standard rate = $0.60
Unit produced = 9,000
Favorable spending variance = $800
Material spending variance = [Standard rate - Actual rate) * Unit produced
Material spending variance = [Standard rate*Unit produced - Actual rate*Unit produced
$800 = [$0.6*9000) - Actual cost
Actual cost = [$0.6*9000) - $800
Actual cost = $5,400 - $800
Actual cost = $4,600
Answer:Production budget for 2020 =77,000 units
Explanation:
Production budget also referred to as manufacturing budget tells a business the expected units needed to be produced which depends on the sales budget in the inventories ( both closing and opening) so as to meet customers demand.
Units produced = Projected sales + desired ending inventory – beginning inventory
Units Produced/ Production budget for 2020 =87,000 + 22,000 - 32,000
= 77,000 units
0
Answer:
The answer is 872,000
Explanation:
The shares are bought on different dates, so we need to factor this in.
From January 1 to December 31:
800,000 shares(A full year)
From May 1 to December 31:
8/12 x 126,000 shares
=84,000 shares
From September 1 to December 31:
4/12 x 63,000 shares
= 21,000 shares
And from November to December 31;
2/12 x 54,000 shares
9,000 shares.
Therefore, the weighted average shares outstanding for the year is:
800,000 + 84,000 - 21,000 + 9,000 shares
= 872,000
The reason why 21,000 shares was substracted from the rest was because the 63,000 shares was a treasury stock i.e shares buy back and treasury stock reduces number of outstanding shares
