Answer:
Bureaucratic organization
Explanation:
A bureaucratic organization operates with a high degree of formality. Under this type of organization, decisions are made through an organized process and there are policies and procedures for everything. All employees understand their responsibilities. Prince&Princess Clothing is a bureaucratic organization.
Answer
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Explanation
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Answer:
c. A range of backgrounds enriches their work
To achieve a target profit of $930,000, Softies' sales must be $1,520,000.
<h3>
What is target profit?</h3>
- Target profit is the amount of profit that a company's managers anticipate achieving by the conclusion of a specific accounting period.
- Typically, the target profit is established from the budgeting process and is compared to the actual result in the income statement.
- If they chose to earn a 20% margin on each sale, they will make a $50 profit on each chair sold.
- As a result, if the corporation wishes to make $50 per chair and sell the chair for $200, the chair must be manufactured for $150 or less.
To find the target profit of Softie, Inc.:
- Sales = ($240,400 + $930,000) ÷ 0.77
- = $1,520,000
Therefore, to achieve a target profit of $930,000, Softies' sales must be $1,520,000.
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