The Yucatan Co. in Mexico has a division that manufactures bicycles. Its budgeted sales for Model XG in 2021 are 95,000 units. Yucatan​'s target ending inventory is 7,000 ​units, and its beginning inventory is 11,000 units. The​ company's budgeted selling price to its distributors and dealers is 3,500 pesos per bicycle. Yucatan buys all its wheels from an outside supplier. No defective wheels are accepted. A separate division of the company orders the extra wheels Yucatan needs for replacement parts. The​ company's target ending inventory is 14,000 ​wheels, and its beginning inventory is 16,000 wheels. The budgeted purchase price is 400 pesos per wheel.
Required:
1. Compute the budgeted revenues in pesos.
2. Compute the number of bicycles that Yucatan should produce.
3. Compute the budgeted purchases of wheels in units and in pesos.
4. What actions can Yucatan's managers take to reduce budgeted purchasing costs of wheels assuming the same budgeted sales for Model XG?

Explanation:

1. Revenue in pesos

M*G

= 95000 x 3500

= 332,500,000 pesos

2. Number of bicycle to produce

Budgeted sales for period = s = 95000

Budgeted production = BP

Ending inventory = ev

Begining inventory = bv

BP = s + ex - bv

= 95000+7000-11000

= 91000

Yucatan should produce 91000 bicycles

3. 2 wheels are used

MR = 2x91000 = 182000

Ending inventory ev = 14000

Begining inventory bv = 16000

P = MR-bv+ev

P = 182000-16000+14000

P = 180000 units of wheels to be purchased

Price = 180000x400pesos

= 72000000 pesos

4. To reduce budgeted purchase cost, the manager should only purchase the right quantity of what is needed for the production process to reduce purchased inventory and to also reduce ending inventory

Which best describes one of the primary aims of government fiscal policy?

Which of the following will increase supply of ice cream, a normal good?
A) An increase in the number of restaurants selling ice cream
B) An increase in the cost of milk, a key ingredient in ice cream
C) An increase in the price of cones used to serve ice cream
D) An increase in consumers’ income
E) A tax increase on ice cream distributors

A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment?

All of the following options are good tips for borrowing money EXCEPT...
A) pay back your money on time
B) consider quick cash loans with high interest rates as a C)strong option
pay back everything you owe in full

The Clean Water State Revolving Fund (CWSRF) in 1987, a low-interest loan program intended for states replaced the Construction Grants program.


True

False

When gathering information which of the following task might you need to perform

What is product positioning?

A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is___and___. Thus, the visual appearance would be classified as a public good.
Suppose the college administrators estimate that the beautification initiative will cost $7,200. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 300 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $18.
The benefit of the beautification initiative, as suggested by the survey, is $___. Because the estimated benefit is___than the cost, the college administrators____undertake the beautification initiative.
The calculation of the benefit of the beautification initiative relied on the ability of the administrators to capture the true willingness to pay of each student accurately. Which of the following scenarios would cause the survey used by the college administrators to yield misleading data on willingness to pay?
A. Students believe that if the initiative does not happen, the funds for the initiative will not be spent elsewhere.
B. An equal number of male and female students were surveyed.

Scott really enjoys working with money, including making it grow. He is also a natural leader and would enjoy working with and leading others. Which two career clusters would best fit Scott?

the debt owed to a bank​

what is credit? in your own words. economics.​

what are the consequences of unemployment​

Multiple Select Question
Select all that apply
The parts of the process cost summary include: (Check all that apply.)
cost assignment and reconciliation.
equivalent units of production.
cost charged to each job.
costs charged to departments.
Need help? Review these concept resources.

Whether it is proactive or reactive, organizational change is inevitable. Unfortunately, people don’t always like change and tend to be resistant to it. This activity is important because managers need to understand what to expect from employees in terms of their resistance to change in order to better manage workers through the change process.
The goal of this exercise is to challenge your knowledge of the ten reasons people resist change. First, read each of the statements that depict an example of something related to an organizational change. Then, click and drag each statement to the reason for change resistance that it best depicts.
1. Your manager ensures you the change won't alter your salary, but you worry he'll only look out for himself.
2. Your work colleague is upset about a change to the department, therefore you resist the change, too.
3. New procedures are vastly different from old ones, and you aren't sure you can learn them.
4. You worry that recent technology changes may eliminate the need for your managerial position.
5. The organization implements massive structural changes with no explanation.
6. A notoriously unlikeable manager delivers the news of a change.
7. Your boss suddenly and without warning announces her re-signation and replacement.
8. Five close members of a department are re-assigned and are no longer part of the same work group.
9. You immediately resist an organizational change because you have a deep fear of change.
10. All employees now must work two extra hours per week with no additional pay.
A. Individuals' Predisposition Toward Change.
B. Surprise and Fear of the Unknown.
C. Climate of Mistrust.
D. Fear of Failure.
E. Loss of Status or Job Security.
F. Peer Pressure.
G. Disruption of Cultural Traditions or Group Relationships.
H. Personality Conflicts.
I. Lack of Tact or Poor Timing.
J. Non-reinforcing Reward Systems.

What are some potential positive outcomes of filing for bankruptcy?

define equity economics.​

2. Will planning become more or less important to managers in the future? Why?​

A batch of 100 parts contains 6 defects. If two parts are drawn randomly one at a time without replacement, what is the probability that both parts are defective?

define capital economics.​

Assume that you have entered into a swap agreement for a notional of 100M USD under which every 6 months you agree to pay LIBOR and receive 4% fixed. On the date you signed the contract LIBOR is 3%. Six months later LIBOR is 3.5%. Your actual payment net of what you receive at the first payment date equals to (- sign means you receive):____.
A) 0 USD.
B) -0.5 USD.
C) 0.5 USD.
D) -0.25 USD.

Which of these is not one of the basic functions of the management​ process?

Which are examples of marketing,sales,and service workplaces? Check all that apply

A:ladoratories
B:schools
C:vehicles
D:warehouses
E:farms
F:stores
G:offices

there are two packs of cards each containing 52 cards. one card is drawn from each pack. find the probability that at least one of them will be the ace of hears.​

Producing one yard of cloth requires 3 worker and 1 capital, while producing one pound of food requires 1 worker and 2 capital. Both countries have 720 workers; the United States has 480 capital, while ROW has 720. The price of food is always $24/pound; the price of cloth is $22/yard in the United States in autarky and $32/yard in both countries under free trade. The labor constraint is

a. QC + 2QF = 720
b. QC + 3QF = 720
c. 2QC + QF = 720
d. 3QC + QF = 720
e. none of the above

What are the reasons of marketing for Air Jordans shoes??

_____ can be used for up to 90 percent of its assessed value.


Real estate

Accounts receivable

Insurance policies

Equipment


(ONLY ANSWER IF YOU ACTUALLY KNOW)

Which of the following commodities is a good?
A.
A swimming lesson
B.
A desk
C.
House cleaning
D.
Dog walking

_____ can be used as collateral for up to 95 percent of the policy's cash value.


Real estate

Insurance policies

Equipment

Accounts receivable

what is commercial bank? in your own words. ​

Fulton Company's price-earnings ratio is 8.0 and the market

price of a share of common stock is $32. The company has 3,000

shares of preferred stock outstanding with each share receiving

a dividend of $3 per share. The earnings per share of common

stock is:

a. $10.

b. $7.

c. $4.

d. $3.​