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Aleksandr-060686 [28]
2 years ago
15

Continuing with the company selected in Unit 2, discuss how the income statement budget would be created for a year starting wit

h the sales budget through the SG&A budget. Be sure to: • Be specific in describing the component line items of each • Identify the individuals that would be involved in developing the budgets
Business
1 answer:
julia-pushkina [17]2 years ago
8 0

For a given year, the income statement budget is created through the use of predictions and fore casting.

<h3>What is the income statement budget?</h3>

This is the budget that is made up of the revenue, the expenditure and the profit for a particular year.

The financial report from the former year and the budget for the new period is what is taken into account.

The individuals that develop the  income statement budget would be the accountant.

Read more on income statement budget here:brainly.com/question/24498019

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Suppose the price of hot wings is $10, the price of beer is $1, and the consumer’s income is $50. In addition, suppose the consu
IgorC [24]

Answer:

a. budget constraint intersects the vertical axis at 25 beers.

Explanation:

A budget constraint shows all the combinations that a consumer might purchase of two given products or services. The total consumption can be represented by a consumption possibilities frontier curve:

  • originally you could purchase 50 beers or 5 hot wings
  • then as the price of beer increases to $2, you can only buy 25 beers or 5 hot wings

7 0
3 years ago
What are six resources for helping you decide what type of business to start and how to start it
zaharov [31]
1. Find a good business idea

A good business idea isn’t just one that turns a profit. It’s one that’s a good fit for you personally, for your target market, and for your location. You’re going to be in business for the long haul, so you really should pick something you can live and breathe.

<span><span>Identify your strengths and weaknesses <span>Conduct a SWOT analysis<span> on yourself </span></span></span><span><span>Come up with a business idea </span>that caters to your strengths </span><span><span>How to start inventing things </span>(or how to find something to invent)</span>Define what success looks like for you <span><span>Do your research: </span><span>What are popular businesses today?</span></span></span>
8 0
3 years ago
In hospitals, dashboards are often used to display performance measures on a routine basis. What type of dashboard tracks metric
Goryan [66]

Answer:

Abstract. Admission rate and length of stay (LOS) are two hospital performance indicators that affect the quality of care, patients' satisfaction, bed turnover, and health cost expenditures. the customer service dashboard reports hospital scores on issues such as meal quality, mortality rate and percentage of transfusions having adverse reactions. FALSEA customer service dashboard provides such scoring information as percentage of patients who would recommend the hospital to others and rating of such items as inpatient parking, courtesy of staff, cleanliness, caring of staff, meal quality, follow-up education and instruction, and pain management, as well as an overall satisfaction. Mortality rate would be reported on the clinical dashboard and percentage of transfusions having adverse reactions.

Explanation:

8 0
3 years ago
Using the firm's volume- based costing, applied factory overhead per unit for the Great P model is (rounded to the nearest cent)
Marysya12 [62]

Answer:

$45.99

Explanation:

Calculation for the applied factory overhead per unit for the Great P model

First step is to Calculate the total direct labour cost of High F and Great P

High F $175,200

($10,000*$17.52)

Great P $210,240

($16,000*$13.14)

Total direct labour cost $385,440

Second step is to calculate the factory overhead rate

Using this formula

Factory overhead rate=Budgeted factory Overhead cost/Allocation base

Let plug in the formula

Factory overhead rate=$1,349,040/$385,440

Factory overhead rate=350%

Now let calculate factory overhead per unit for the Great P

Direct labor cost per unit of product Great P $13.14

Great P Factory overhead per unit =$13.14*350%

Great P Factory overhead per unit =$45.99

Therefore Using the firm's volume- based costing, applied factory overhead per unit for the Great P model is $45.99

5 0
2 years ago
Owen is a barista at a coffee shop. His manager has noticed that he has been showing up late for work, getting coffee orders wro
Dahasolnce [82]

Answer:

The correct way to act is to talk to the person and try to help him to resolve the problems, in the case he can not, then look for other actions. This process of talking and being comprehensive with the person gives a very good image of the company in the eyes of the other workers and the press.

Explanation:

To begin with, the proper action that the manager should take is to talk to Owen and nicely tell him about the situation that the manager noticed and ask him if there is a problem that could be fixed or if the manager could give him help in any way in order to let Owen do his job properly again as before. Moreover, if Owen states the problem then the next step will be to seek for posible solution to those problems, as well as given the employee encouragement and calmness regarding the fact that the company understands and wants Owen to resolve his problem so he can work correctly again. Finally, once done that, the final step will be to control the employee afterwards to see if he works normaly again and take new actions in the case that he is not.

8 0
3 years ago
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