BUSINESS MIDDLE SCHOOL

If marginal cost becomes higher than price, what happens to a company

Answers

Answer 1
Answer: Increase price value profit becomes higher than price, what happens to a company

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MIDDLE SCHOOL

3) Do non-profit businesses such as the Red Cross need to be involved in Financial Management? Why?

Answers

Yes, actually they do And most often its to increase shareholder value And Progress without financial flexibility.
HIGH SCHOOL

Four buyers are in the market for a new car. suppose buyer 1 is willing to pay $20,000, buyer 2 is willing to pay $56,000, buyer 3 is willing to pay $34,000, and buyer 4 is willing to pay $18,000. if the market price for the car is $25,000, what is the total consumer surplus?

Answers

Id take buyer 2 offer because hes doubling what your asking for it
HIGH SCHOOL

After the previous sales representative in his territory infuriated an important customer, Benjamin visited the customer once a month, never asking for business but hoping to rebuild trust through listening and expressing concern. Finally, after more than two years, the customer gave Benjamin an order. Benjamin was providing the important marketing function of____________.

Answers

Answer:

A) engaging customers and developing long-term relationships.

Explanation:

Since the customer was extremely upset by the previous sales representative, he/she probably stopped doing business with the company. The question doesn't include any details about why the customer got so mad, but it is Benjamin's job to regain the customer's trust and sales, specially if he/she was a very important customer.

Since this customer probably purchased a significant amount of goods or services from the company, that means that the he/she liked the goods or services provided. The reason why the customer stopped doing business with the company was the fight with the previous sales representative. Sometimes it takes a long time and work to regain a customer's trust, but it is something that needs to be done. The objective of the sales department is to increase existing sales, not decrease them.

HIGH SCHOOL

Nicole is a manager at a fast food restaurant. she is under a lot of pressure from headquarters to increase her monthly profits. nicole isn't sure what the solution is for her financial dilemma. she decides to use the rational decision-making model to determine the best path for a solution. the problem has already been defined by headquarters. now nicole has to

Answers

Answer:

Nicole needs to generate alternative solutions.

Explanation:

The rational model of decision making clarifies how directors should decide. It assumes that administrators are totally objective and have all the data needed for their decision making process. In this model, choices subsequently exhibit brilliant rationale and promote the association's best advantages.

So Nicole should gather all the data regarding the problem defined by the headquarters, she should further take help from her fellow colleagues as well.

HIGH SCHOOL

If beginning and ending goods in process inventories are $5,000and $15,000, respectively, and cost of goods manufactured is$170,000, what is the total manufacturing cost for the period? A. $180,000.
B. $155,000.
C. $160,000.
D. $175,000.
E. $165,000.

Answers

Answer:

A. $180,000.

Explanation:

The computation of the total manufacturing cost is shown below:

As we know that

Ending work in process inventory = Beginning work in process inventory + total manufacturing cost - cost of finished goods manufactured

$15,000 = $5,000 + total manufacturing cost - $170,000

So, the total manufacturing cost is

= $165,000 + $15,000

= $180,000

HIGH SCHOOL

Clothing maker Patagonia states that its purpose as an organization is to "build the best product, cause no unnecessary harm, [and] use business to inspire and implement solutions to the environmental crisis." This is the company's_________

Answers

Answer:

The question is missing the options as given below:

A. mission statement

B. belief statement

C. goals pact

D. code of ethics

E. management pledge

The correct option is A,mission statement

Explanation:

The mission statement shows in summary form the vision,core values as well as statement of goals and objectives of an establishment.

Building the best product is the prioritized goal of Patagonia,since having the best product places it in the forefront in terms brand recognition,hence increased sales.

Core value here is ensuring no unnecessary harm is caused by  way of injuries sustained in the course of pursuing its objectives.This implies that Patagonia is responsible corporate citizen in the area of complying with  best practice in safety procedures.

The vision of the company is to implement solutions to environmental challenges through business inspiration.

COLLEGE

In order to convince an organization to adopt security policies, it is necessary for a manager to have some proficiency in ________________, which refers to certain social personality traits such as the ability to communicate and project optimism.

Answers

Answer:you would need to add what ever you have to add

  1. Explanation:5x+67xy=72 and thats all.

COLLEGE

The closing entry process consists of closing:A)all asset and liability accounts.B)out the Retained Earnings account.C)all permanent accounts.D)all temporary accounts.

Answers

Answer:

D.) All the temporary accounts

Explanation:

The closing entry process closes or "zeroes out" the temporary accounts and transfer their balances to the retained earnings account.

Theses temporary accounts are closed or reset at the end of every year. Companies also call this as the closing of the books.

Temporary accounts includes:

1. Revenue & Gain Accounts

2. Expenses & Losses Accounts

3. Dividends & Withdrawal Accounts

4. Income Summary accounts (if used)

COLLEGE

Beltran Corporation produces wooden and aluminum baseball bats. In preparing the current budget, Beltran’s management estimated a total of $1,050,000 in manufacturing overhead costs and 15,000 machine hours for the coming year. In December, Beltran’s accountants reported actual manufacturing overhead incurred of $584,000 and 14,400 machine hours used during the year. Beltran applies overhead based on machine hours. What was Beltran’s predetermined overhead rate for the year?

How much manufacturing overhead did Beltran apply during the year?

Answers

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Beltran’s management estimated a total of $1,050,000 in manufacturing overhead costs and 15,000 machine hours for the coming year.

Actual machine hours= 14,400

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 1,050,000/15,000= $70 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 70*14,400= $1,008,000

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