Answer:
a. 10,000 units
Explanation:
The computations of units completed are shown below:
= Beginning work in process units + units started - closing work in process units
= 3,000 units + 11,000 units - 4,000 units
= 10,000 units
For this question, we ignored the equivalent units as the question has asked about the completed units only
So, all other information is irrelevant
Answer:
Increasing the promotional budget for a product in order to increase awareness is not advisable in the short run under which of the following circumstances?
Production capacity is maxed out (200% plant utilization) and the company is stocking out of the product.
Explanation:
Since the production capacity has been exceeded and the company is still running out of stock of the product, there will be no need to increase the promotional budget for the product in order to increase awareness, especially in the short-run. The implication of the scenario is that the demand for the product is far outstripping the supply and there is an apparent scarcity or shortage of the entity's product in the marketplace. Until production the capacity has been expanded, the promotional budget for product awareness can be stopped and saved.
Answer:
The correct option is B.
Explanation:
Emergency managers and planners are professionals, who are experts in the art of analyzing problems, making appropriate decisions and taking necessary actions that will solve the problems on ground.
The decision making process usually begin before the occurrence of emergency, this is called the planning stage. At this stage, an organization usually make decisions about how it is going to react to certain emergency situations that might occur in the future.
An effective and deliberate planning prior to emergency will greatly enhance the ability of the organization to respond effectively during emergency situations. The number and the size of decisions and problems that need to be addressed during an emergency situation depend largely on the quality of the decisions that were made (or were not made) during the planning process.
Answer:
b. $6,600,000
Explanation:
The computation of the fee is shown below:
= Annual management fee + performance management fee
where,
Annual management fee = $400 million × 0.01 = $4 million
And, the performance management fee
= Incentive percentage × hedge fund × excess return
= 20% × $400 million × 3.25%
= $2.6 million
The excess return is
= {($445 million - $400 million) × $400 million - 8%}
= 11.25% - 8%
= 3.25%
So, the fee is
= $4 million + $2.6 million
= $6.6 million or $6,600,000
Answer:
$69,840
Explanation:
Data provided;
Month Budgeted Sales
January $120,000
February $108,000
March $132,000
April $144,000
Gross profit rate is 40% of sales it means cost of goods sold is 60% of sales
Target ending inventory levels = 30% = 0.3
Therefore,
Purchases budgeted for January total
= ( $120,000 × 0.6 ) + ( $108,000 × 0.6 × 0.3 ) - $21,600
= $72,000 + $19,440 - $21,600
= $69,840
