Bright Minds Toy Company Prepared the Following Sales Budget for the Second

question 67

Multiple Choice

Bright Minds Toy Company prepared the following sales budget for the second quarter.Projected sales for each of the first three months of operations are as follows: $\begin{array}{lccc}\text {Sales Budget}& \text { April } & \text { May } & \text { June}\\\text {Cash Sales}&30,000 & 43,000&55,000 \\\text { Sales on Account}&370,0 & 432,000&405,000 \\&400,000&475,000&460,000\end{array}$
Bright Minds expects to collect 70% of the sales on account in the month of sale,20% in the month following the sale,and the remainder in the second month following the sale.
What is the amount of sales revenue that the company will report on the second quarter pro forma income statement?

• A) $1,335,000
• B) $1,129,800
• C) $1,207,000
• D) $1,001,800

Assess market failures and the role of government in addressing them.

Recognize the impact of subsidies and externalities on market efficiency.

Understand the concept of emotional labour and its impact on job satisfaction.

Identify strategies to enhance job satisfaction and organizational citizenship behavior.

---

Definitions:

Job Depth

The degree of control, autonomy, and decision-making ability an employee has in their role.

Task Variety

Refers to the degree of different activities and skills required in a job, influencing employee motivation and satisfaction.

Job Simplification

The method of decomposing a task into its most basic elements to enhance productivity and minimize intricacy.

Total Mechanization

The complete automation or use of machinery to perform all tasks in a process or system, eliminating the need for manual labor.