Developing a standard that allows inefficiencies from prior years to be incorporated into the budget, thus providing little incentive for improvement, is known as a(n):

Titan Fishing Boats had product sales for the current year as follows: Q1 2,000 boats; Q2 2,400 boats; Q3 1,800 boats; Q4 1,200 boats. Current selling price is $5,000 per boat. A strong economy and specific market initiatives at Titan for next year indicate that sales volume is expected to increase by 2% per quarter cumulatively for each quarter and sales price will increase by 4% per boat.

The sales revenue forecast for Q4 next year would be:

Developing a standard that allows inefficiencies from prior years to be incorporated into the budget, thus providing little incentive for improvement, is known as a(n): Multiple Choice eBook ideal standard engineered standard. attainable standard, past experience standard. Titan Fishing Boats had product sales for the current year as follows: Q1 2,000 boats: Q2 2,400 boats; Q3 1,800 boats: Q4 1,200 boats. Current selling price is $5,000 per boat. A strong economy and specific market initiatives at Titan for next year indicate that sales volume is expected to increase by 2% per quarter cumulatively for each quarter and sales price will increase by 4% per boat. The sales revenue forecast for Q4 next year would be: eBook Multiple Choice $6,364,800. $6,489,600. $6,614,400. $6,739,200