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bogdanovich [222]
2 years ago
9

If a firm’s expenses equal or exceed its revenue, what actions might management take?

Business
1 answer:
exis [7]2 years ago
7 0

In a case whereby firm’s expenses equal or exceed its revenue, the actions that might be taken by management is To check their production process and check the cost of their input.

<h3>What are expenses?</h3>

This are the cost of inputs that the company put into production of their goods and services.

When expense is higher than revenue then the organization is running at loss, but when the revenue equal to the expenses, there is no Gain.

Therefore, the actions that might be taken by management is to check their production process .

Learn more about expenses at:

brainly.com/question/4953989

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LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.5 hours of direct labor at the r
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The correct option is D

Labour budget = $1,974,175

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The labour budget is the product of the standard labour cost per unit and the budgeted production in units

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Production budget = Sales budget +closing inventory - opening inventory

Production budget = 39,000 + 100 -200 = 38,900 units

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Labour budget = $1,974,175

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