A straight rebuy O ocun when an organization has a new need but the customer wants only minimal information bị occurs when an organization has a new need and the customer wants a great deal of information d involves setting product specifications and evaluating sources of supply. d is a routine repurchase that may have been made many times before. el is an in-between process in which some review of the buying situation is done.

Q: Case scenario: You are a newly hired accountant for Sushi Beeber, Inc., a retail company…

A: (A) (B) (A x B) (C) (A x C)       Date Purchase/ Sale Units Purchase unit cost Purchase price…

Q: Which of the following options is/are NOT acceptable combinations duties in a sales process? I. The…

A: An effective sales cycle plays an important part in the growth of an organization, an effective…

Q: Which of the following is NOT an advantage of real-time processing files over batch processing?a.…

A:

Q: 4. The strategy of a reverse vertical integration helps the company to: O A. ensure the quality of…

A: Reverse vertical integration is a process in which a company acquires or merges with other…

Q: Place the phrases under the correct column ● Profit not defined ● Different focus ● Work together…

A: The arrangements of the phrases is made as follows:

Q: Price accuracy and right product offering are important aspect of an efficient order-to-cash (OTC).…

A: Order to Cash (O2C) refers to a business process which involves the whole procedure of order…

Q: Customer profitability analysis allows managers to do which of the following: a. Identify the…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Directions: For each situation, select one option you think will help increase profit. Put the…

A: There are various means to attract the customer. Also the company takes various steps to decrease…

Q: Effects of differing production levels on absorption costing income: Metrics to minimize inventory…

A: Absorption costing is the method of coating which charges all the manufacturing cost which may be…

Q: “Companies devote resources to a purchasing department but not on individual departments that can…

A: Purchasing department: It can be defined as the department of the organization that deals with…

Q: Looking for the break-even point from the information provided. The Smiths need to develop an…

A: Breakeven point is the point of sales at which the contribution generated is just equal to the fixed…

Q: ● Profit not defined ● Different focus ● Work together on cost management ● RFP ● Less skill set…

A: In Transactional pricing, a service provider charges their client based on the number of…

Q: Required: 1. Determine the net effect of buying the components on the net income. Will you outsource…

A: Answer:

Q: An analysis of selling costs shows: (You may select more than one answer. Single click the box with…

A: Selling cost is the cost incurred by the company to sell its product.

Q: "Train your customers", as discussed in the Budgeting module, refers to training customers on how to…

A: Training for customers may seem to be something a company has to do with sales and promotions, but…

Q: With the aid of computer software, managers can vary assumptions regarding selling prices, costs,…

A: Sensitivity analysis is a type of financial model that estimates or determines how output is changed…

Q: Planning and control decisions. Gregor Company makes and sells brooms and mops. It takes the…

A: Planning and Control Decision:

Q: Goodwill can be recorded a. when the company has exceptional management b. when the companty…

A:

Q: Companies enjoy many benefits of using JIT. Which is not a benefit of adopting JIT? Ability to…

A: Just-in-time manufacturing system: Just-in-time (JIT) manufacturing system is an approach to…

Q: An inventory system that organizations use to increase efficiency and decrease waste is ________.…

A: Ans. There are few business practices which are followed after researches and are studied upon about…

Q: Generally speaking, companies prefer doing business with customers who: • order small quantities…

A: Customers are the persons who buy goods or receive services from some other person.

Q: A company that uses a just in time inventory system:   A)  has finished goods inventory on hand at…

A: The JIT inventory system provides more efficient use of working capital and enhances cash flow

Q: What is the best rationale for why many companies use a hybrid costing system? O Job order costing…

A: Costing Accounting- Cost accounting is a systematic accounting method that reports and records all…

Q: Which of the following is a benefit businesses experience from buying and selling their goods and…

A: Business experience from Buying and Selling Goods and Services are more benefited by using Internet.

Q: FUNCTIONAL SEGMENTATIONThe current organizational structure of Blue Sky Company, amanufacturer of…

A: a) Functional Segmentation:For facilitation of management, functions are often segregated by making…

Q: Effects of differing production levels on absorption costing income: Metrics to minimize inventory…

A:

Q: Productivity and Quality: Prospective Analysis Analytic Company is considering the acquisition of a…

A: Productivity measurement: The productivity measurement refers to the quantitative assessment of the…

Q: 2. An analysis of selling costs shows: (You may select more than one answer. Single click the box…

A: Selling costs are costs incurred to change consumers' preferences for a particular product. They are…

Q: Which decision will involve no incremental revenues?

A: Answer:   Make or buy decision.

Variance Analysis

In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance. 

Standard Costing

The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.