The maximum sales of a product category reasonably attainable under a given set of conditions within a specified period of time is known as:
A) market potential.
B) market forecast.
C) sales forecast.
D) market attractiveness.
A
You might also like to view...
If revenues total $5,000 and expenses total $4,000, after all the closing entries have been journalized and posted, what will be the balance of the Income Summary account?
a. $1,000 b. $5,000 c. $6,000 d. $9,000 e. None of the above
________ is the fraudulent conversion of property by a person to whom that property was entrusted
A) Bribery B) Extortion C) Embezzlement D) Forgery
Darke Corporation makes one product and has provided the following information:a.Budgeted unit sales for October, November, and December are 7,600, 9,000, and 10,100 units respectively. b.The ending finished goods inventory equals 40% of the following month's sales. c.Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $1.00 per pound. d.The direct labor wage rate is $19.00 per hour. Each unit of finished goods requires 3.0 direct labor-hours. e.Manufacturing overhead is entirely variable and is $11.00 per direct labor-hour. The estimated finished goods inventory balance at the end of November is closest to:
A. $133,320 B. $383,800 C. $294,920 D. $250,480
Negotiable instruments are unconditional promises to pay
Indicate whether the statement is true or false