Answer: standards are based on the ultimate goals of a business
Explanation:
- Standards set specialized goals
- Examples
-Financial standards
* Set goals for profit, cash flow and sale
-Quality control standards
*Set up production line check for defects in machinery or workmanship
Change may address the distribution of products to your personelle through storefront locations or through online channels.
<h3>What is distribution channel?</h3>
Distribution channel simply refers to a chain of businesses or intermediaries through which the final buyer purchases a good or service.
However, some members of the distribution channel are as follows:
- Wholesalers
- Retailers
- Distributors
So therefore, change may address the distribution of products to your personelle through storefront locations or online channels.
Learn more about distribution channel:
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Answer:
Journal Entry
Dr. Cr.
Jan 1,2016
Cash $600,000
Bond Payable $600,00
Explanation:
On Jan 1, 2016 the bond is issued on the face value, so the straight value of $600,000 recorded as debit to cash and credit to bond payable. The cash is received against the a liability. The interest accrued transaction will be recorded on each year end.
Answer:
The sales level in units to achieve the desired profit is 5,200 units.
Explanation:
Fixed cost = $ 3,000
Desired profit = $10,000
Lets the number of units sales is N.
Total variable cost = $2.5*N
Sales revenue = $5*N
Net Profit = Sales revenue – cost of goods sold – operating expenses
$10,000 = ($5*N) – ($2.5*N) - $3,000
($5*N) – ($2.5*N) = $ 10,000 + $ 3,000
$2.5*N = $ 13,000
N = $13,000/$2.5
= 5,200 units
Therefore, The sales level in units to achieve the desired profit is 5,200 units.
