The re-order level can be calculated by adding delivery period to the time it takes to receive an order. Therefore, the re-order level is 806,000 units.
What is re-order level?Re-order level is a term used in inventory management that refers to the minimum quantity of a product that a business needs to have on hand before placing a new order. It is also known as the reorder point or the minimum stock level. The purpose of setting a re-order level is to ensure that a business never runs out of stock, which could lead to lost sales and unhappy customers. The re-order level is determined by considering various factors such as lead time, demand variability, and safety stock. It is calculated by subtracting the lead time demand from the desired service level and adding the safety stock. By setting a re-order level, businesses can optimize their inventory management, reduce the risk of stockouts, and ensure they always have enough product to meet customer demand.
Re-order level = Maximum usage × (Delivery period + Time to receive an order) - Minimum usage
Re-order level = 26,000 units/day × (28 days + 5 days) - 12,000 units/day
Re-order level = 26,000 units/day × 33 days - 12,000 units/day
Re-order level = 818,000 units - 12,000 units/day
Re-order level = 806,000 units
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Question 10 of 20
When wili the U.S. Armed Forces provide financial aid?
A. Before, during, and after your service
OB. During and after your service
OC. Before and after your service
D. After you have served two years
The U.S. Armed Forces will provide financial aid during and after your service. The Option D is correct.
When will U.S. Armed Forces provide financial aid?The Forces offer financial aid during and after your service. This support is available to servicemembers throughout their military career and extends into their transition back to civilian life.
During service, the financial assistance may come in the form of various benefits including housing allowances, educational benefits such as the GI Bill and health care coverage. After completing their service, veterans may be eligible for additional financial aid programs like VA home loans, disability benefits etc.
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Will give brainlyest
Match the business plan component to its description.
Includes a budget, a 12-month profit and loss projection, cash flow statements, a breakeven analysis, and capital requirements to show investors how their money will be spent.
Provides an overview of the employees and others that are part of a business.
Determines the size of a market with marketing analysis and describes potential customers to provide a customized plan to reach them.
Summarizes what one wants to accomplish with a business, the products and services one sells, financial outlook, the funding needed, one's goals, and one's achievements.
1.
Executive Summary
2.
Organizational structure/management bios
3.
Financial plan
4.
Marketing plan
First description is financial plan
second is organizational structure
3rd is marketing plan
4th is executive summary
Assume a manufacturing company provides the following information from its master budget for the month of May: Unit sales 5,000 Selling price per unit $ 40 Direct materials cost per unit $ 12 Direct labor cost per unit $ 10 Direct labor wage rate per hour $ 20 Predetermined overheard rate per direct labor-hour $ 16 If the company maintains no beginning or ending inventories, what is the budgeted gross margin for May
The budgeted gross margin for May is $50,000.
Gross margin means the result of gross income after variable costs incurred in achieving the income have been deducted.
The formula for Budgeted gross margin is [Sales - Cost incurred}Given information
Unit sales 5,000
Selling price per unit $40
Direct materials cost per unit $12
Direct labor cost per unit $10
Direct labor wage rate per hour $20
Predetermined overheard rate per direct labor-hour $16
Direct Labor hours required per unit = Direct labor cost per unit / Direct labor rate per unit
Direct Labor hours required per unit = $10 / $20
Direct Labor hours required per unit = 0.5 hours
Overhead cost per unit = Direct labor hours required per unit * Predetermined overhead rate per direct labor hour
Overhead cost per unit = 0.5 * $16
Overhead cost per unit = $8 per unit
Total Product Cost per Unit = Direct Materials Cost + Direct Labor Cost + Overhead Cost
Total Product Cost per Unit = $12 + $10 + $8
Total Product Cost per Unit = $30 per unit
Budgeted Cost of goods sold for May = Budgeted unit sales * Product cost per unit
Budgeted Cost of goods sold for May = 5,000 units * $30
Budgeted Cost of goods sold for May = $150,000
Budgeted Sales revenue for May = Budgeted unit sales * Selling price per unit
Budgeted Sales revenue for May = 5,000 units * $40
Budgeted Sales revenue for May = $200,000
Budgeted Gross Margin for May = Budgeted Sales Revenue - Budgeted Cost of Goods Sold
Budgeted Gross Margin for May = $200,000 - $150,000
Budgeted Gross Margin for May = $50,000
Therefore, the Budgeted Gross Margin for May is $50,000.
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7. White has previously said that we need a new way to think about being old in America. She is calling on artists, change agents, and social entrepreneurs to help imagine a change that will better the life of older, retired people. Discuss how you think that we, as a nation, could improve the personal finance crisis?
Personal crisis could be resolved by a nation if more jobs opportunity are created.
What is personal financial crisis?A personal financial crisis comes when an individual does not have enough money to cater for his or her needs.
This could have happened dues to loss Job, theft, bankruptcy or a sudden medical illness.
Therefore, Personal crisis could be resolved by a nation if more jobs opportunity are created, empowerment programs and funding are made available for those who do not have.
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During an interview, the analyst has asked several open-ended questions regarding the procedures that are followed to handle a delinquent customer. Although the supervisor being interviewed has answered the questions, the analyst is still unclear about several details of the process. The analyst's best course of action is to:
Answer:
- Ask probing questions to try and get more detail.
Explanation:
The role of an analyst is crucial to the effective management of a project in an organization. He/she primarily works for the evaluation of
In the given situation, the most appropriate course of action would be 'to ask probing questions which will help in seeking more detail' that would assist him in better analysis and evaluation of business processes regarding the customer dealings in order to anticipate the requirements. After knowing the needs only, the analyst would be able to provide solutions for ensuring the effective dealing of delinquent customers that will help in improving the process and optimize the results.
The direct material cost is £10 000 when 2000 units are produced. What is the direct material cost for 2500 units produced?
The direct material cost is £10 000 when 2000 units are produced. What is the direct material cost for 2500 units produced?
Answer:-£12500
Explanation:-Given,
The direct material cost when 2000 units are produced = £10,000
Now,
The direct material cost for 1 unit = 10000/2000 = £5
Material cost when 2500 units are produced = 2500×5 = £12500
Goods delivered to an organization must be at the rights and this is of importance to supply chain activities. In the light of this explain the following concepts and link it to a particular right in Procurement. i.EOQ ii.JIT III.EDT iv.KPI V.TQM
When did the U.S. current account balance experience the largest surplus?
Answer: 1990
The OECD projects the US current account to be in deficit byUS$826 billion by 2006.1 In 1990 the US current account wasin surplus.
Explanation: signed, birb
Vera has a June credit card balance of $476.09. Her payment due date is June 27th, with a grace period of 5 days. If her payment is late, the credit card company charges a $30 late fee. Vera wants to pay the full amount to have a zero balance. How much should she pay if her online payment is processed on July 6th? $
Answer:
$506.09
Explanation:
Calculation for the amount she should pay if her online payment is processed on July 6th
Since we were told that Vera payment due date is June 27th in which she has a June credit card balance of the amount of $476.09 and a grace period of 5 days was given to her in a situation where Vera payment is late with a charges of the amount of $30 as late fee, this means that the if her online payment is been processed on July 6th and she want to pay the amount amount in full in order for her to have a zero balance she will have to pay the amount of $506.09 calculated as:
Amount to be paid=Credit card balance+Late fee charges
Amount to be paid= $476.09+$30
Amount to be paid=$506.09
Therefore the amount Vera should pay will be $506.09
Answer:
$506.09
Explanation:
In which situation would a savings account be the best investment to earn interest?
O saving for retirement in 20 years
O saving to buy a new car in three years
O saving to buy a new house in seven years
O saving to easily access the money when needed
Mark this and return
Save and Exit
Next
The situation in which a savings account would be the best investment to earn interest is: D) saving to easily access the money when needed.
What is saving account?A savings account is a good choice if quick access to the money is more important than maximizing profits. Comparing savings accounts to other investment alternatives like stocks, bonds, or mutual funds, lower interest rates are often offered by savings accounts.
liquidity
They do however offer and security, making them a viable option for short-term savings objectives or emergency funds when having access to cash is the main need.
Therefore the correct option is D.
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Outline the features and characteristics of the successful entrepreneur
Explanation:
Traits of an entrepreneurial mindset include:
Risk-taking
Vision
Discipline
Adaptability
Leadership
Creativity
Curiosity
The successful entrepreneur possesses various features and characteristics like creativity, passion, visionary, flexibility etc. that set them apart from others.
They are highly creative and innovative, which enables them to come up with unique ideas and solutions. They have a strong passion for their work, which allows them to overcome challenges and stay committed to achieving their goals. Additionally, they are willing to take risks and make bold decisions, which can lead to substantial rewards. Successful entrepreneurs possess a clear vision of their business and have the ability to think ahead and plan for the future.
They are also adaptable and flexible, able to pivot and change course when necessary to stay ahead of the competition. They possess resilience and are able to bounce back from setbacks and failures. Successful entrepreneurs have a strong work ethic and are willing to put in long hours and hard work to achieve success.
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Question 1 of 10
Malika defaulted on the equipment loan for her hair salon. What type of
remedy would the bank would most likely seek?
Answer: An attachment
Explanation: ap3x:)
Answer: attachment
Explanation:
A pex just took quiz
By comparing prices at different stores, consumers will:
By comparing prices at different stores, consumers will save money and make informed purchasing decisions.
How can comparing prices at different stores benefit consumers?Comparing prices at different stores allows consumers to make informed purchasing decisions and save money. By taking the time to research and compare prices, consumers can identify the best deals and discounts available for the products they intend to buy.
This practice helps them ensure that they are getting the most value for their money. It can also help consumers uncover any price discrepancies or inflated prices allowing them to avoid overpaying for goods and services.
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Based on the problems you have seen so far at GearOn, what type of CRM applications will be MOST helpful to the company?
Relationship Management and Customer Support Applications You decided that Relationship Management and Customer Support Applications would be the most valuable to GearOn. This was the best choice, because the problems at the company center on supporting and retaining current customers.
CRM applications that focus on relationship management and customer support would be the most helpful to GearOn, as the company's problems center around supporting and retaining current customers.
Based on the problems described, the most helpful type of CRM applications for GearOn would be Relationship Management and Customer Support Applications.
The company seems to be struggling with customer retention and support, which can be addressed through effective relationship management and customer support tools. These tools can help the company track customer interactions, resolve issues quickly and efficiently, and provide personalized service to improve customer satisfaction and loyalty.
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--The given question is incomplete, the complete question is given
" Based on the problems you have seen so far at GearOn, what type of CRM applications will be MOST helpful to the company?"--
As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so that you can be able to solve real life business problems after graduation. To achieve this objective, the 2020 class has been divided into ten groups; and each team works in a management capacity with ten management consulting companies in the Greater Accra Region. San Consulting - the firm that your group works with is a project management company that is into Real Estate construction and management consulting. This firm which has twenty years’ experience in this business is the first choice for all individuals and companies that want quality service. You have on the contrary, observed that many of the management practices have not developed precipitously as situations in the business environment warrant. The accountant confirmed this by saying in the last general meeting that a certain percentage of San’s profit margin is being lost because of this situation. She gave the example that the surveying department spent eight labor hours generating data that had been generated two weeks ago by another unit. Due to the fact that the surveying department did not know that the data had already been created, a substantial effort was wasted and this has been a recurrent problem.
In addition, the increase in demand of the services of San’s Consulting has placed significant pressures on the five managers whose duties are not clearly defined. For instance, you have observed that any of these managers perform duties in the operations department as well as any other unit within the firm. They are not able to perform all the functions required of them due to the ineffectiveness of the organizational structure.
You and the members of your group are expected to write a report to the top-level management team regarding your analysis of the situation in the firm.
Questions
1. Explain which of the four main management functions is/are not operating as it/they should within the firm? 3 Marks
2. What recommendations will you make in your report that will help assure that this situation or similar one would not happen again? 4 Marks
3. Assume that the top-level management team has accepted your recommendations, how can their effectiveness be evaluated three months after implementation? 4 Marks
4. Discuss the organizational structure currently used by San’s Consulting and would you recommend the continuous use of this structure? If yes or no, present the factors (4) that influenced your decision regarding the right organizational structure for San’s Consulting. 5 Marks
5. Identify and discuss the main problems that the firm is likely to experience (i) if the current structure is continued or (ii) if a new structure is implemented. 5 Marks
1B) Akwamba made this statement ‘organisations cannot be successful if managers fail to pay attention to the forces in the external environment’. Do you agree or not? Justify using practical examples (9 marks)
Answer:
The organization structure is not clearly defined, Managers are performing duties in various departments at a time.
Explanation:
San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.
Questions 1: Planning, organizing, leading and controlling
Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.
Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.
Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.
Question 5:
(i) The profits for San Consulting will decline
(ii) The profit will rise because employee will focus more on their specific tasks.
1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.
Laura, an inventory manager, always maintains a certain quantity of goods as a buffer to utilize in times of emergency. Which technique of controlling inventory costs does Laura use?
A.
ABC classification
B.
just in time
C.
maintaining safety stock
D.
following economic order quantity
Answer:
C. maintaining safety stock
Explanation:
Safety stock refers to the minimum stock level that businesses would wish to maintain at all times. The safety stock level assures a business does not experience stock out. Every time stock approaches the safety stock level, an order should be placed to replenish inventory. Businesses that apply the concept of safety stock do not allow the inventory to go below the level marked at safety stock.
The safety stock method requires inventory to be ordered when it approaches safety stock. Allowing inventory to drop below the safety stock is risking running out of stock leads to halting production.
Answer:
C. maintaining safety stock
Explanation:
I just took the test on Edmentum/Plato and got the answer right
What can HR professionals do to mitigate concerns about pregnancy discrimination in the workplace? What does the law say companies need to do to avoid violating the rights of pregnant employees?
With our combined efforts as one HR, there is no cause we cannot influence. Knowing the law and interacting with expectant women are the greatest ways to stop pregnancy prejudice.
Employers place a high premium on discouraging pregnancy prejudice. The Pregnancy Discrimination Act of 1978's new EEOC rules have made it a particularly controversial topic in today's society. The best thing you can do to defend yourself in court is to train all managers or supervisors, but especially those who are directly in charge of supervising workers.
When you learn that a coworker is pregnant, you must show her respect and use caution. You should merely express gratitude to the worker for informing you. Offer pregnancy prejudice your support and assure her that, if necessary, you would make accommodation's that are reasonable in nature for her.
Never indicate that an employee's pregnancy is a burden on the company, and neither should your supervisors. Before approaching a pregnant employee, ask a member pregnancy prejudice of your human resources team any questions you may have about what to ask or not ask.
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Two-thirds of the work related to $12,000 of cash received in advance was
performed this period.
Two-thirds of the work associated to $12,000 of cash received in advance performed the period include debit unearned fee revenue and credit fee revenue 8000. Fees revenue [12000*2/3 = 8000 (as services provided in the year)]
Is fee revenue an asset?Service revenue is not considered an asset for financial accounting purposes. By accounting definition, a current asset (such as accounts receivable) is an asset that will bring economic value within one year.
Is fee revenue a debit or credit?For revenue accounts, more debits decrease the balance. This is because revenue is posted as a debit to the bank (or accounts receivable) account and posted as a credit to the revenue account. As your credit increases, your revenue account balance increases.
Are fees a revenue or expense?The earned commission is a revenue account that appears in the revenue section at the top of your income statement. Includes fee income generated during the reporting period.
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Two-step Process Utilization: A two- used to finish a product: painting and drying. There are 5 workers and each one takes an average of 60 minutes to paint each unit. Drying takes place in an oven that can hold up to 100 units and it takes 5 minutes to load each unit. Once all the units are loaded into the oven, it takes 6 hours to dry each load. Assume that the process is capacity constrained (so the demand rate is higher than capacity and the bottleneck station will be 100% utilized). What fraction of time is the oven being loaded if C&A uses a batch size of 100 and demand is unlimited? Notes: This can be a difficult question. You can be proud if you get it right and it is OK if you don't! To answer this question, first calculate the capacity of each step in units per hour. with batch-size has a setup timeatch size a this L ot ca to he confused hy v ng what is h eing 100 or y0 or some n and what vou think i narine bu Seru a need to identify carefully here . But. in this The dry calculate processing time is the entity whose time changes with batch size; what does not change with batch size is the setup time. [If you are confused, please review the Haunted Manor, Kings Island FearFest example in the materials Process Interruptions and Batching Module 2. Once you know the capacity of cach step, you can determine which step is the bottleneck. That bottleneck step will govern the flow rate. One way to calculate the fraction of time the oven is being loaded is to find the number of minutes spent loading per hour divided by batch production cycle length; a third way is to compute the oven utilization. These are just three different ways of thinking of the question and will all lead to the same correct answer. minutes in an hour second way is the calculate load time per batch
A. 58% .
B. 42% ,
C. 20%
D. 26
As of January 1, Terrace Waters, Capital had a credit balance of $500,000. During the year, withdrawals totaled $10,000, and the business incurred a net loss of $320,000. Compute the balance of Terrace Waters, Capital as of the end of the year. Assuming that there have been no recording errors, will the balance sheet prepared at December 31 balance? Explain.
If as of January 1, Terrace Waters, Capital had a credit balance of $500,000.
A. The balance of Terrace Waters, Capital as of the end of the year Iis $170,000.
b. Yes, Assuming that there have been no recording errors, the balance sheet prepared at December 31 balance will balance.
How to find the balance?a. Balance of Terrace Waters:
Using this formula to find the balance of Terrace Waters:
Balance of Terrace Waters = Capital - Withdrawals - Net loss
Balance of Terrace Waters = ($500,000 – $10,000 – $320,000)
Balance of Terrace Waters = $170,000
This positive balance means that the assets of Waters' business is higher than the liabilities.
b. Yes, assuming that there have been no recording errors, the balance sheet prepared at December 31 will balance with Terrace Waters, Capital, being reported in the owner’s equity section as the amount of $170,000.
Therefore the balance of Terrace Waters, Capital is the amount of $170,000 and the balance sheet will balance.
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What is the combination of two or more tables and their data called?
a query join
a query combo
a queried table
a queried unity
Answer:
Query join
Explanation:
Answer:a query join
Explanation:
Systems that are considered adversarial in nature because opposing parties present their arguments before a neutral fact finder, who determines which side met its burden of proof, are known as systems. Multiple Choice Clow Common low PODC
Systems that are seen as being adversarial in nature are called adversarial systems because opposing parties make their cases in front of a fact-finder who is impartial and who decides which side has fulfilled its burden of proof.
An impartial individual or group of people, typically a judge or jury, who try to ascertain the truth and pass judgment in accordance with it, is presented with two advocates presenting their parties' case or position under the adversarial system, also known as the adversary system.
In common law countries. In contrast, a judge conducts an investigation under the inquisitorial system employed in some civil law systems (such as those derived from Roman law or the Napoleonic code).
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what describes the process of getting detailed information about jobs?
Job analysis describes the process of getting detailed information about jobs
Job analysis involves researching job postings, understanding job descriptions and their information, and looking into the qualifications and requirements needed for the job.
You should also consider the type of work environment, the benefits and salary, and the company culture.
Additionally, you can reach out to employers directly or talk to people who are already employed in the field to get a better understanding of the job.
Doing these things can help you make an informed decision when deciding on a job.
Once you've identified potential jobs through job analysis, you can research each one to learn more about the qualifications, duties, and salary expectations.
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In recent years, hours of market work have declined and leisure time increased. This trend
a. causes GDP to rise.
b. causes GDP to fall.
c. does not improve the well-being of people because they do not value leisure.
d. is not accounted for in GDP.
Explanation:
option B.........i guess
briefly explain how the decision support system resolved the problems experienced by the railways
The decision support system improved the efficiency of the railroads, paying special attention to the punctuality and speed of transportation on both passenger and commercial routes. The Indian Railways encounter a number of difficulties, including the failure to ensure train punctuality.
Ticketless transit by passengers, damage to or theft of railroad property, and others. The railways suffer a considerable loss in income as a result. By December 2023, 100% electrification of the broad gauge is the goal. In 2020–21, the speed of freight trains doubled to 46 kmph from 23 kmph in previous years. In January 2019, all unmanned level crossings on the broad gauge were removed.
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What are two steps you can take BEFORE an interview to prepare?
HELPPP ITS FOR PERSONAL FINANCE
Answer:
Research the company's background. Practice, Dress Well, Be Punctual and Prepared, Wait Actively, Don't Stress and Introduce Yourself Professionally.
I hope this helps :)
Which advice would best help you protect your personal information?
A. Respond to any email that looks like it originates from a legitimate
company.
B. Only give out personal information to a person who appears to
have knowledge of your bank account transactions.
C. Click on email links sent from your credit card company, but only if
the email looks legitimate.
D. Never provide personal details to someone who claims to be from
your bank; call your bank directly.
Answer:
D
Explanation:
because you will never know who wants to hurt you or still from you u need to make sure by phoning your bank immediately before you will regret it
Answer: D. Never provide personal details to someone who claims to be from
your bank; call your bank directly.
Explanation:
Beverly Dalton incorporated her CPA practice 5 years ago. At that time, the corporation purchased land for $40,000. The December 31 of the current year, the market value of the land is $85,000. On the balance sheet for December 31 of the current year, the asset should be reported at ________ under U.S. GAAP.
Based on the provisions of U.S. GAAP, the asset owned by the CPA practice should be reported at $40,000.
What does U.S. GAAP say?U.S. GAAP states that assets should be recorded at cost value in the balance sheet.
The land should therefore be recorded at the cost price of $40,000 that the CPA practice bought it at five years ago.
In conclusion, the asset should be reported at $40,000.
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Lott Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2020, Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $21,200, direct labor $12,720, and manufacturing overhead $16,960. As of January 1, Job 49 had been completed at a cost of $95,400 and was part of finished goods inventory. There was a $15,900 balance in the Raw Materials Inventory account.
During the month of January, Lott Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were also sold on account during the month for $129,320 and $167,480, respectively. The following additional events occurred during the month.
1. Purchased additional raw materials of $95,400 on account.
2. Incurred factory labor costs of $74,200. Of this amount $16,960 related to employer payroll taxes.
3. Incurred manufacturing overhead costs as follows:
Indirect materials $18,020
Indirect labor $21,200
Depreciation expense on equipment $12,720
Various other manufacturing overhead costs on account $16,960.
4. Assigned direct materials and direct labor to jobs as follows.
Job No. Direct Materials Direct Labor
50 $10,600 $5,300
51 41,340 26,500
52 31,800 21,200
Calculate the predetermined overhead rate for 2020, assuming Lott Company estimates total manufacturing overhead costs of $ 882,000, direct labor costs of $735,000, and direct labor hours of 21,000 for the year.
Answer:
Predetermined manufacturing overhead rate= $1.2 per direct labor dollar
Explanation:
Giving the following information:
Company estimates total manufacturing overhead costs of $882,000 and, direct labor costs of $735,000
To calculate the predetermined overhead rate, we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 882,000/735,000
Predetermined manufacturing overhead rate= $1.2 per direct labor dollar
how to get money fast
Answer:
social media
Explanation:
nothing social media cant do , put up ads or fliers for ur buisness, along with a side job . have friends promote whatever your doing, make a website. do something that draws audience attention.