Answer:
because Ivan's decisions will impact the substantial cost of the business.
Explanation:
An operations manager is responsible for managing organizational resources and applying them effectively to meet organizational goals and objectives. It is therefore necessary that Ivan as the operations manager of a network of amusement parks, before determining a new location for a park, he must anticipate the customer demand and determine the adequate capacity of the site for the construction of the park. that their decisions will directly impact the substantial cost of the business, that is, the planning must meet the needs specified by the customer so that the cost is compatible with the budget provided for by an effective planning for that business.
Organizational resources must be allocated efficiently and effectively so that there is compliance with the objectives and goals of a business and for it to be well positioned and successful in the market.
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Explanation:
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Answer:
C. 1. Identify the actual quantity of output. 2. Calculate the flexible budget for revenues based on budgeted selling price and actual quantity of output. 3. Calculate the flexible budget for costs based on budgeted variable cost per output, actual quantity of output, and actual fixed costs.
Explanation:
Any budget starts by determining our current output level.
To calculate the sales budget we must estimate our total revenue using our current output level and the estimated selling price for the next period. If we are certain that our output level will increase or decrease significantly over the next period, we can use the estimated output level instead of the current output level.
To calculate the costs budget we must estimate the variable costs per unit times the current output level (variable costs budget) and then we add the estimated fixed costs, which are not necessarily our current fixed costs.
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Answer:
The value of the tracking signal as of the end of December is 8.
Explanation:
month actual forecast forecast RSFE absolute MAD Tracking signal
sales sales error error
May 105 102 3 3 3 3 1
june 78 104 -26 -23 -26 -11.5 2
july 108 101 7 -16 7 -5.33333 3
august 112 104 8 -8 8 -2 4
sep 108 104 4 -4 4 -0.8 5
oct 110 104 6 2 6 -0.6667 -3
nov 125 105 20 22 20 3.142857143 7
dec 125 109 16 38 16 4.75 8
Answer:
Assets = Liabilities + Stockholders' Equity
<u>1.</u> 1,600 0 1600
<u>2.</u> -400 0 -400
<u>3.</u> 0 0 0
<u>4.</u> -100 0 -100
<u>5.</u> -400 0 -400
<u>6.</u> 1000 0 0
-1000
<u>7.</u> 7000 7000 0
<u>8.</u> 0 200 -200
<u>9.</u> 10000 0 10000
<u>10.</u> <u> -500 </u> <u> 0 </u> <u> -500 </u>
Totals 17200 7200 10000