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Please answer ASAP 1. JRM Associates Inc. has a production budget with expected sales of $750,000 on 7,500 units for the 2023 budget year. JRM
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1. JRM Associates Inc. has a production budget with expected sales of $750,000 on 7,500 units for the 2023 budget year. JRM has $435,000 in beginning inventory and plans to have $375,000 in ending inventory ready for sale in 2024. What is the total required production units for JRM in 2023 ? A. 3,150 units B. 7,500 units (C. 8,100 units D. 3,750 units 2. Which of the following is not an appropriate responsibility center for an organization? A. Revenue Centers B. Cost Centers C. Profit Centers D. Manufacturing Centers E. Investment Centers 3. Which of the following are objectives of interal control systems: A. Effectiveness and efficiency of operations B. Reliability of financial reporting C. Compliance with applicable laws and regulations D. All of the Above E. None of the Above 4. Given the uncertainty of seasonal weather for NYC, which of the following would be most important for Smith's SUP \& Kayak Rental during the budgeting process? A. Prepare flexible budgets in addition to a master budget B. Prepare sensitivity analyses around the master budget C. Forecast sales and production goals D. None of the Above 5. When managers compare the difference between flexible budget profits and master budget profits, they are analyzing the A. Price Variance B. Efficiency Variance C. Sales Activity Variance D. Both A and B E. Both A and C Step by Step Solution
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