You are required to prepare operational budget for the upcoming year including following:
1) Sales budget;
2) Production budget and Readymade production budget;
3) Direct materials budget;
4) Direct labor budget;
5) Purchase's budget;
6) Overheads budget;
7) General production costs distribution:
8) Cost of sales budget;
9) Selling expenses budget;
10) Ending materials and ending Readymade production;
11) Profit and loss (Income statement)

The statement "In a slow-cycle market, such as that experienced in the pharmaceutical industry, a firm is most vulnerable to a counterattack when a drug's patent expires" is true.

A market that is well-known for its high entry barriers, low competitors, and the industry's slow rate of innovation is known as a slow-cycle market. The pharmaceutical industry is a perfect example of a slow-cycle market because of the cost of research and development, time-to-market, and other factors.

When a drug's patent expires, a firm in a slow-cycle market is most vulnerable to a counterattack. Counterattack refers to a strategy used by a firm to protect its market share or competitive position in the market by attacking the opponent or competitor. It occurs when a firm responds to a competitor's actions by engaging in actions that are aimed at reducing the competitor's market share or improving its own.

In summary, when a drug's patent expires, the firm is most vulnerable to a counterattack in a slow-cycle market such as the pharmaceutical industry.

Learn more about marketing strategy here: https://brainly.com/question/25640993

#SPJ11

The name which is given to the limitation of government where they are allowed to only protecting private property and enforcing contracts and market activity and is considered a pure capitalism is known as laissez-faire capitalism

This refers to the economic principle which refers to the free market capitalism which resists possible intrusion by the government into market affairs.

With this in mind, we can see that from the given description, we can see that the type of capitalism which was talked about is laissez-faire capitalism.

Read more about capitalism here:
https://brainly.com/question/25879591

On January 1, 2017, Robinson Company purchased Franklin Company at a price of $2,500,000. The fair market value of the net assets purchased equals$1,800,000. Thus the amount of goodwill that Robinson records at the purchase date is $700,000.

Step 1

Given that the entire Franklin Company was purchased by Robinson Company, goodwill should be recorded.

To solve for the purchased goodwill, we have

Goodwill= Purchase price of the company−Market value of the individual net assets

=$2,500,000−$1,800,000

= $700,000

Thus, the purchased goodwill is valued at $700,000.

Step 2

Goodwill is recorded as an asset and is not amortized, thus there will be no amount for goodwill amortization for year ended December 31, 2017. Instead, goodwill is tested for impairment annually.

Step 3

Goodwill is recorded only when it is acquired upon purchase. In this case, since goodwill is based solely on the employees' efforts of providing superior customer service, Robinson Company should not record it.

Learn more about company, here:

https://brainly.com/question/30532251

#SPJ1

Answer:

i believe it would be 63.99

Explanation:

Based on the information given the publisher’s list price is:$99.99.

Using this formula

List price=Net price/(100%-2=Trade discount)

Where:

Net price=$79.99

Trade discount=20%

Let plug in the formula

List price=$79.99/(100%-20%)

List price =$79.99/80%

List price= $99.99

Inconclusion the publisher’s list price is:$99.99.

Learn more here:https://brainly.com/question/18265503

The correct options are (a) Personal attention, (d) Employee competence, and (e) promptness.

Three elements are usually mentioned when discussing what constitutes high-quality customer service. These three components are Personal attention, Employee competence, and Promptness.

Meeting customer expectations is the secret to providing excellent customer service. When a customer contacts you, you should respond by doing that.

Consistently exceeding clients' expectations is what constitutes good customer service. Excellent customer service is prompt, simple, individualized, and sympathetic. Businesses that provide outstanding customer service invest the time necessary to comprehend the needs of their specific clientele.

To know more about high-quality customer service, visit: https://brainly.com/question/27577933

#SPJ4

The complete question is:

"When people define high-quality customer service, three components are identified frequently. These three components are:

a. Attractive employees

b. Personal attention

c. Good Web site

d. Employee competence

e. Promptness"

Answer:

Open Microsoft Office Help.

Go to the Formulas tab and click More Functions.

Explanation:

Select File → select Options → select Advanced → scroll to General → insert the location in the "At startup, open all files in" dialog box.

Answer:

open Microsoft Office Help

Explanation:

:)

By the implementing appropriate solutions, such as adaptable educational space solutions and its infrastructure, the renovation helps school facility leaders reposition the outdated and ageing infrastructure for the future. Without careful planning, renovating a school can be difficult.

The renovation is characterised as any alteration to an existing structure, or to a part of a structure, which the disturbs painted surfaces. The skills needed today, such as those in science and technology, medical science, and other fields, are taught in the modern education infrastructure. In addition to listening, the modern education includes writing, visualising, imagining, and thinking skills.

To learn more about renovating, click here.

https://brainly.com/question/28551188

#SPJ4

The relevant answers with regard to real wages are as follows:

A) $10.08

B) 10.89

C) 19.05. See explanation below.

[A]

Recall that Real Wages are computed as follows;

Real Wages = (Nominal Wage/CPI in the Given Year) x CPI in the base year

12 = (N/84) x 100

= 10.08

[B]

The formula for real wage still stands:
Hence,

12 x 1.08 = (N/84) x 100

= 10.89

One thing to keep in mind is that the percentage rise in real wages is always equal to the percentage increase in nominal wages. The same may be demonstrated with other values.

[C]

It is to be noted that the real wage is pegged at $12 which is same from the prior year.

Hence, percentage increase = 0

But because $12 is Nominal in the incumbent year,

[(12 - 10.08)/10.08] x 100

= 92/10.08

= 19.05

Real wages are earnings adjusted for inflation, or pay expressed in terms of the quantity of goods and services that may be purchased. In contrast to nominal wages or unadjusted wages, this word is used.

Learn more about real wages:
https://brainly.com/question/22683172
#SPJ1

Full Question:

Suppose General Electric paid its line workers $12 per hour in 2015 when the Consumer Price Index was 100. Suppose that deflation occurred and the aggregate price level fell to 84 in 2016. Instructions: Round your answers to two decimal places. a. GE needed to pay its workers $ in 2016 in order to keep the real wage fixed at $12. b. GE needed to pay its workers $ in 2016 if it wanted to increase the real wage by 8 percent. c. If GE kept the wage fixed at $12 per hour in 2016, in real terms, its workers got a % increase in wages.

If a manufacturing company discovers that its sales are dropping, this could have a direct effect on its purchasing.

In order to save money, the business might need to buy fewer raw materials and other things. In addition to a drop in production, this can also result in worker layoffs or reduced hours.

To continue to be profitable, the business may have to change its emphasis from cutting costs to boosting sales, creating new goods, or discovering new markets.

In order to generate fresh goods or services that will assist increase sales, the corporation may also need to make investments in research and development.

The Correct question is -

A manufacturing company discovered that there is stuck with Richard, and for the past three months had been dropping. How might Richard's decreased performance over the past three months affect purchasing at the manufacturing company?

To know more about manufacturing,

https://brainly.com/question/13440987

#SPJ4

The correct statement is "Cost can be controlled only by those who are doing the work." Option D.

This statement reflects the principle of responsibility assignment in project management, according to which each team member is accountable for their task or activities.

Cost management is a crucial aspect of project management, which requires the involvement of the entire project team, not just the managers.

Therefore, team members who are responsible for carrying out the activities are required to be cautious in their approach to carrying out the assigned task to control the cost and keep it within the allocated budget. It is essential for them to understand the scope of the work and execute it effectively and efficiently.

In conclusion, the statement "Cost can be controlled only by those who are doing the work" highlights the importance of assigning responsibility and accountability to the team members to ensure the cost of the project does not exceed the allocated budget.

Hence, the right answer is option D.

Read more about Project Management at https://brainly.com/question/17313957

#SPJ11

By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.

To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.

learn more about stakeholders here:

https://brainly.com/question/32720283

#SPJ11

Answer:

Web Content Developer.

Explanation:

Due to the amount of seminar and workshop experience on writing, she could channel her experience to a content development field; which is explained to be the process of creating content for a website from start to finish. You may have also heard of content developers. The term “content developer” is also used to refer to web developers, but in this article, we’re concentrating solely on the development of content not design or programming.

Content development includes:

*Strategy.

*Writing.

*Optimization (SEO).

*Publishing.

*Promotion.

Answer:

2,3,5

Explanation:

I had the same thing and got it right (one wrong)

Answer:

2 3 5

Explanation:

Answer:

click the top on and the socond option

Explanation:

Answer: Students

Explanation:

The National Coordinating Council for Career and Technical Student Organizations (CTSO) advocate for the values that the Career and Technical Education (CTE) curriculum instills in students.

In association with the Association for Career and Technical Education (ACTE), the CTSO work to instill career skills to students in middle school, high school, and post-secondary institutions such as Business, Health science, Information Technology and Finance amongst others.

CTSOs such as Educators Rising and Business Professionals of America encourage and support CTE programs for their members which also has a Federal Support of $1.1 billion.

The Reports feature of hootsuite analytics allows one to share an unlimited amount of customizable social analytics data.

The Hootsuite Analytics is to used to measure the performance of someone's social media activity across multiple social networks.

Hence, the Report features is the answer.

Read more about this here

brainly.com/question/11296162

If a company has preferred stock outstanding, a variation of calculating return on shareholders' equity can be made by making  adjustments to the ratio the equity accounts are reduced for  amount  the shares are originally sold.

Some of the important transactions that take place are the repurchases are recorded in the form stocks. Assets are recorded in for the stocks purchased. Equity accounts are reduced for the amount shares originally sold. Retained earnings are also shown as the purchases.

Adjustments are made keeping the ratio in mind without disturbing the variation in the share holders return and stocks outstanding remaining in the books of accounts.

To learn more about equity here,

https://brainly.com/question/13278063

#SPJ4

Answer: Do NOT just pick a career from an ad.

Explanation:

Ads are a lot of the time unimformative (lacking information), so if you are trying to find information, ads are not the way to go.

When there are two products available for consumption, we can use an indifference curve graph. In this graph, we will plot different combinations of the two products that provide the consumer with the same level of utility or satisfaction.

Here's a step-by-step guide on creating the graph:

Step 1: Set up the axes

On the graph, we will have two axes representing the quantities of the two products. Let's label the horizontal axis as Product A and the vertical axis as Product B.

Step 2: Draw indifference curves

Indifference curves represent combinations of Product A and Product B that yield the same level of utility for the consumer. The shape of the indifference curve reflects the consumer's preferences. Typically, indifference curves are downward sloping and convex to the origin, indicating diminishing marginal utility.

Step 3: Label indifference curves

Label each indifference curve with a specific level of utility to indicate the consumer's preference. Higher numbered indifference curves represent higher levels of utility.

Step 4: Identify the consumer's optimum

The consumer's optimum occurs where the highest indifference curve is tangent to the budget constraint or affordability line. The budget constraint represents the different combinations of the two products that the consumer can afford, given their budget.

Step 5: Mark the optimum point

At the point where the highest indifference curve is tangent to the budget constraint, mark the coordinates as the consumer's optimum. This point represents the combination of Product A and Product B that maximizes the consumer's total utility, given their budget constraint.

Here's an example graph that demonstrates this concept:

```

       |            Indifference Curves

       |

       |

       |         U3

       |       /

       |      /

       |     /

       |    /

       |   /

       |  /

       | /

       |/  

       | U2

       |  

       |  

       |  

       |  

       |  

       |  

       |  

       |  U1  

       |  

       |  

       |  

       |_________________

               Product A

```

In this graph, U1, U2, and U3 represent different levels of utility. The indifference curves are downward sloping and convex to the origin, indicating diminishing marginal utility. The consumer's optimum is where the highest indifference curve, U3, is tangent to the budget constraint. The coordinates of this point represent the combination of Product A and Product B that maximizes the consumer's total utility.

Learn more about indifference curve graph in the link:

https://brainly.com/question/31073442

#SPJ11

Convert fixed costs to variable costs

A Variable costs change based on the amount of output produced. Variable costs include labor costs, fees and raw materials. Fixed costs remain the same regardless of production volume. Fixed costs include lease and rent payments, insurance premiums, and interest payments.

The variables are the costs incurred by the firm and change as production and sales change. Unlike fixed costs, they are not fixed costs. As production increases, variable costs increase due to the need to purchase raw materials in large quantities.

Common examples of variable costs are cost of goods sold (COGS), raw materials and inputs used in production, packaging, wages and commissions, and certain incidental costs.

Learn more about variable costs here:- https://brainly.com/question/28481161

#SPJ4

Answer:

$250,000

Explanation:

Since the purchase cost of an old equipment is already incurred and it does not have any kind of impact in decision making so this cost would be considered as the sunk cost i.e. $250,000

The operating cost of old & new equipment would be relevant for calculating the annual cost savings and the current selling value of the old equipment would also be relevant as salvage value

Therefore $250,000 would be considered  

if the government issues each firm a non-tradable permit to produce 700 tons of pollution per year, the cost of pollution reduction will be $700.

What is pollution permits?

To learn more about pollution permits

https://brainly.com/question/15216816

#SP J4

The answer is, William Paterson's New Jersey Plan, the Virginia Plan's rival, aimed to equalize state participation in a unicameral legislature.

Making laws for a nation is the responsibility of the legislative branch of government. In democracies, the citizens of the nation elect individuals known as lawmakers to serve on legislatures.

Legislative. The House and Senate, jointly known as the Congress, make up the legislative branch of government. The legislative branch also has the authority to declare war, create all laws, manage taxation and spending, and regulate interstate and international trade.

To know more about Legislature visit:

https://brainly.com/question/530410

#SPJ4

The product cost per unit using variable costing is $20. The cost of ending finished goods inventory using absorption costing is $30,000, assuming 1,000 units. The cost of goods sold using absorption costing is $225,000, assuming 7,500 units sold.

Based on the given information, the product cost per unit using variable costing is

Direct materials per unit + Direct labor per unit + Variable overhead per unit = $7.00 + $9.00 + $4.00 = $20.00

To determine the cost of ending finished goods inventory using absorption costing, we need to know the number of units in the inventory. Let's assume it is 1,000 units.

Total cost of finished goods inventory = Number of units in finished goods x Cost per unit of finished goods using absorption costing

= 1,000 x $30.00

= $30,000

To determine the cost of goods sold using absorption costing, we need to know the number of units in sold goods. Let's assume it is 7,500 units.

Total cost of sold goods = Number of units in sold goods x Cost per unit of finished goods using absorption costing

= 7,500 x $30.00

= $225,000

To know more about product cost:

https://brainly.com/question/31414638

#SPJ4

Summer Leasing should record this transaction as unearned revenue in the balance sheet.

Unearned revenue refers to the cash received for services or products that have not yet been delivered. This is a liability account and will be recognized as revenue gradually over the 24 months of the lease agreement. Two main accounts that are affected in this transaction are cash and unearned revenue.Summer Leasing should record the received amount of $12,000 as a liability in the balance sheet. The account title will be unearned revenue. The cash received in advance will be recorded as cash in the balance sheet. As the 24 months progress, a portion of the unearned revenue will be recognized as revenue on the income statement. The journal entry to record this will be debit unearned revenue and credit revenue.

A financial statement that details a company's assets, liabilities, and shareholder equity at a given time is referred to as a balance sheet. The basis for calculating investor returns and assessing a company's capital structure can be found in balance sheets.

Know more about balance sheet, here:

https://brainly.com/question/28446946

#SPJ11

Answer:

Its a record of money in the bank

He US census bureau publishes reports that contain detailed information on American households, and marketers use this data to option c. identify characteristics and trends of ultimate consumers.

The Census Bureau is known to be a body that is said to be the federal government most  largest statistical agency.

It is known to be one that is dedicated to given current facts as well as figures about America's people, places, as well as the economy.

Hence, He US census bureau publishes reports that contain detailed information on American households, and marketers use this data to option c. identify characteristics and trends of ultimate consumers.

Learn more about census bureau from

https://brainly.com/question/25846785

#SPJ1

The U.S. Census Bureau publishes reports that contain detailed information on American households, and marketers use this data to

a. identify factors that improve customer satisfaction.

b. determine awareness of their products.

c. identify characteristics and trends of ultimate consumers.

d. understand observational information on consumers in their natural environment.

Answer:

While the size of your emergency fund will vary depending on your lifestyle, monthly costs, income, and dependents, the rule of thumb is to put away at least three to six months' worth of expenses.

Explanation:

While the size of your emergency fund will vary depending on your lifestyle, monthly costs, income, and dependents, the rule of thumb is to put away at least three to six months' worth of expenses.

RFID (Radio-Frequency Identification) technology is used by many businesses for asset visibility and supply chain valued benefits. For example, Amazon uses RFID technology for inventory tracking and asset management, Walmart for automated checkout, UPS for package tracking, FedEx for package tracking and proof of delivery, and the Department of Defense (DoD) for asset management and access control.

When researching a business that utilizes RFID technology, consider the following: what type of RFID system is used, how is it implemented, and how has it improved asset visibility or supply chain valued benefits? For example, Amazon has implemented an RFID system that uses RFID tags to track inventory, improve asset visibility, and reduce misplacement of assets.

This research can be used to develop a critical analysis paper which evaluates how a business (Amazon, Walmart, UPS, FedEx, or any Department of Defense Organization/Agency) has utilized RFID technology for asset visibility and supply chain valued benefits.

For such more questions on RFID :

brainly.com/question/29442787

#SPJ11