Major analytical procedures for testing the overall reasonableness of inventory is to Compare gross margin percentage with that of previous years: overstatement/understatement of inventory and COGS.
Inventories refer to goods and materials that a business holds for the ultimate purpose of reselling, manufacturing, or using. Inventory management is a principle mainly concerned with specifying the form and location of goods to be stored. It is necessary at different locations within a facility or at multiple locations in the supply network to stay ahead of the schedule for regular, planned production and material stockpiling.
The concept of inventory, inventory, or work in progress has been extended from production systems to service businesses and projects, generalizing the definition as "all work in the production process". production - all work that was or is in progress prior to completion of production".
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when tammy moves into coco condominiums, she tells her property manager that she has specially trained dog that performs tasks to assist her with her disability. what type of animal is tammy's dog?
Service dogs are canines that have been specially trained to carry out duties for the benefit of individuals with various disabilities, including physical, mental, sensory, intellectual, etc.
What are Service dogs?
There are numerous descriptions of service animals. Service dogs are "privately trained dogs who do work or support mechanisms for people with disabilities," as stated in the Americans with Disabilities Act. Since at least 1927, dogs have helped people, making them the most popular type of service animal.
Regional laws governing service animals differ. For example, in Japan, regulations establish criteria for training and certification for service animals. In public spaces where pets are typically prohibited in the United States, service animals are typically permitted. The US Fair Housing Act and the US Air Carrier Access Act, among others, acknowledge the assistance an animal can provide to a disabled owner. Various laws and regulations may more broadly define "service animal,"
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Georgina, Inc. makes one product and it provided the following information to help prepare the master budget for the next three months of operations: - The budgeted selling price per unit is $130. - Budgeted unit sales are: - April - 10,200 units - May - 12,600 units - June - 8,600 units - The ending finished goods inventory equals 20\% of the following month's sales. - The ending raw materials inventory equals 15% of the following month's raw materials production needs. Each unit of finished goods requires 3 pounds of raw materials. The raw materials cost $5.00 per pound. - June's total pounds required for production is 20,200 . (Hint: you need this to compute desired ending inventory for Direct Materials Budget) Prepare a sales budget, production budget, direct materials budget for the month of May. (Enter only numbers, do not include any words, such as 'units'. Use \$ for amounts in dollars, and do not use a \$ for amounts in units. And use only whole dollars, no cents. Also, include the comma for to separate the thousands, i.e. 20,000) Sales Budget - May
Expected sales (units)
Sales price per unit
Total sales revenue
Production Budget - May
Expected sales (in units)
Desired ending inventory
Total required units
Beginning inventory
Required production
Direct Material Budgets - May
Units to be produced
Direct material per unit
Total pounds needed for production
Desired ending inventory
Total material required
Beginning inventory
Pounds of direct material purchaser requirements
Cost per pound
Total cost of direct material purchase
June sales: $ 8,600 × 20%= $ 1720May sales: $ 12,600× 15% =189 Total cash collections $ 1909.
Total Cash is the sum of all cash and cash equivalents held by the Consolidated Group, whether they are held as collateral, in escrow, or were acquired through like-kind exchanges (including cash from like-kind exchanges on deposit with a qualified intermediary). In order to calculate cash per share, a company's cash flow must be divided by the total number of outstanding equity shares. Cash per share tells us how much of a company's stock price is available for shareholder dividends, corporate growth, debt reduction, and other advantageous projects.
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ronald is a cash-method taxpayer who made the following expenditures this year. which expenditure is completely deductible in this period as a business expense?
ronald is a cash-method taxpayer who made the following expenditures this year. correct answer is $55 to collect an account receivable from a customer who has failed to pay for services rendered.
Why use the cash method?In general, when using the cash method, you must declare income in the tax year in which it is received and deduct expenses in the tax year in which you incur them. Regardless of when payment is received, you typically record income under the accrual method in the tax year it is earned.
It's simple to record income and expenses using the cash accounting system. The company does not recognize income until the money is actually received. For instance, if a business signs a contract for $100,000, income is realized when the money is actually handed over.
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what was essential to the growth of suburbs? a. television b. movie theaters c. farmers markets d. integration e. cars
Farmers markets was essential to the growth of suburbs. A farmer is a trained agricultural expert who rears living creatures or plants. They could produce food, raw materials, or animal products.
They can concentrate on specific agricultural sectors, such as dairy or flowers. Farmers can sell their goods to customers directly at a farmers market, typically from the back of their trucks. Fresh fruits and vegetables, as well as fish, meat, and dairy products, can be found in many markets. One of the few low-barrier entry points for starting farmers is a farmers market, which enables them to start small, test the market, and expand their operations. Encourage regional economies.
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often negotiators cannot change their relative power positions. this is a drawback to which negotiation approach?
conditions of the situation Negotiators frequently are unable to shift their relative power positions. This is a disadvantage of the bargaining strategy.
Which approaches are crucial in negotiations?In an ideal world, cooperation would be possible in every negotiation, but this necessitates a few crucial elements, such as a constructive and cooperative attitude on the side of both parties and enough resources available for the parties to split.
Which negotiation strategy works best?Most studies show that cooperative negotiators develop more innovative solutions that improve everyone's outcomes than hard bargainers do. Weingart asserts that cooperative negotiators also frequently exhibit higher levels of satisfaction with the negotiation process and its results.
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malthus predicted that the power of population growth was question 22 options: greater than the power of the earth to produce subsistence. his forecast was on the mark. greater than the power of the earth to produce subsistence. his forecast was off the mark. less than the power of the earth to produce subsistence. his forecast was on the mark. less than the power of the earth to produce subsistence. his forecast was off the mark.
Therefore the correct option is greater than the power of the earth to produce subsistence. His forecast was off the mark which was Malthus predicted against the power of population
What is subsistence of production?Almost all of the products or livestock produced in a subsistence farming system are consumed by the farmer and his or her family, leaving little to no extra for sale or trade. For preindustrial agricultural peoples all across the world, subsistence agriculture has historically been a way of life. All pre-industrial agricultural peoples have historically engaged in subsistence farming. As they depleted the soil at each location, some of these peoples relocated from one place to another. Farmers began to practise commercial farming as urban areas expanded, specialising agricultural output and producing large surpluses of certain commodities that they either sold for cash or swapped for manufactured goods.
Today, subsistence farming is still practised on a sizable scale in many regions of the world, including a sizable portion of sub-Saharan Africa. Typically, subsistence farms are only a few acres in size and employ low-yielding, archaic farming techniques.
What is the purpose of subsistence?Farmers who practise subsistence farming produce their farms primarily for local consumption and survival, with little to no surplus. In a subsistence economy, there is sufficient farming, hunting, and crafting to meet everyone's fundamental requirements. Only when there is a need or desire to trade with neighbours can a surplus arise.
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if the state of washington's government collects $75 billion in tax revenues in 2013 and total spending in the same year is $74.8 billion, the result will be a:
The state of washington's government collects .A budget surplus will result if the state of Washington's government receives $65.8 billion in tax income in 2013 and spends $74.8 billion overall in the same year.
A budget surplus happens when income exceeds expenses. As opposed to a "budget surplus," citizens have "savings," hence the expression typically alludes to a government's financial stability.surplus is evidence of a government's capacity to effectively manage its finances.When a government has a surplus, the extra funds are available for investment or debt repayment. A budget surplus occurs when there are more resources in the budget than expenses. When the federal government spends more than it collects, a budget deficit results.
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Defensive medicine: group of answer choices solves the moral hazard problem. Is the same as preventive medicine. Increases the demand and costs for health care. Solves the principal-agent problem
The correct option is C. Defensive medicine Increases the demand and costs for health care.
shielding medicine, also known as protective scientific decision-making, refers to the exercise of recommending a diagnostic test or medical treatment that isn't necessarily the best alternative for the affected person but specifically serves to guard the doctor against the affected person as an ability plaintiff. shielding medicine is a response to the rising expenses of malpractice coverage premiums and sufferers’ biases on suing for ignored or behind schedule prognosis or remedy however now not for being overdiagnosed.
Theoretical arguments based totally on utilitarianism finish that protecting medicinal drugs is, common, and dangerous to sufferers. Malpractice fits are regularly visible as a mechanism to improve the pleasant of care, however, with custom-based totally liability, they genuinely obstruct the translation of proof into practice, harming patients and lowering the exceptional of care. Tort law in many countries and jurisdictions no longer best discourages but actively penalizes physicians who exercise evidence-based medication.
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a portfolio has 45% of its value in ibm shares and the rest in microsoft (msft). the volatility of ibm and msft are 33% and 35%, respectively, and the correlation between ibm and msft is 0. what is the standard deviation of the portfolio?
The standard deviation of the portfolio is 0.3410.
If the volatility of IBM is 33% and that of Microsoft is 35% and (b) the stocks have a correlation of 0.0, then by combining them in a 2-stock portfolio weighted 45% to IBM and 55% to Microsoft, the overall volatility of the portfolio will be the weighted average of the stocks' volatility. No consideration for correlation is necessary, given the 0.0% measure. The work is below.
Volatility = 0.45 * 0.33 + 0.55 * 0.35 = 0.3410
The returns of two assets that exhibit zero correlation move in completely unrelated directions. A portfolio is a living and changing collection of records that reflects your accomplishments, skills, experiences, and attributes. We'll highlight some examples of your best work, along with your life experience, values, and accomplishments.A portfolio is not a replacement for your resume, but it should reflect your skills and what you can offer in your chosen field. can be emphasized.
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Jay Corp. began the year with a $153,000 balance in the accumulated depreciation account. The ending balance was $197,000. During the year a piece of equipment with $15,000 in accumulated depreciation was sold. Therefore, the depreciation adjustment that Jay needs to add to net income is $__________.
the depreciation adjustment that Jay needs to add to net income is
$197,000 - $153,000 + $15,000 = $59,000
What Relationship Exists Between Accumulated Depreciation and Depreciation Expense?
Depreciation expense is the amount that has been depreciated for a single period, whereas accumulated depreciation is the total amount of assets that a company has depreciated. Depreciation is a type of accounting entry that shows how much an asset costs less over the course of its useful life.
Depreciation, in other words, allocates how much of an asset has been used up in a year until the asset is obsolete or no longer in use while spreading out the cost of the asset over time. Without depreciation, a business would have to pay the full cost of an asset in the year it was bought, which might have a negative effect on profitability.
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stangol co. uses process costing to account for the production of highlighter pens. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. cost per equivalent unit has been calculated to be $8.80 for conversion costs and $7.1667 for materials. 12,000 units were worked on during the period. ending inventory still in process was 4,000 units (100% complete for materials, 50% for conversion). the value of units completed and transferred
According to the claim, the overall price of 4000 units is therefore $28,666.8 plus $17,500, which comes to $46.266.80.
An account with examples are what?An account in accounting is a general ledger entry use to categorize and record transactions. For instance, businesses will be given a Cash flow where they may record each transaction that raises or decreases the amount of cash they have on hand.
What are the many sorts of accounts?Real, personal, and nominal accounts are three distinct kinds of accounts used in accounting. Two two types of real account are then determined: tangible real account and intangible real accounting. Personal accounts also come in three major subtypes: Natural, Representative, & Artificial.
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Because monopolistically competitive firms charge a price that is greater than marginal cost:a. the marginal benefit to society of an additional unit of output is below its cost.b. monopolistic competition is inefficient.c. monopolistic competition is inefficient and the marginal benefit to society of an additional unit of output is below its cost.d. monopolistic competition is efficient.
Because monopolistically competitive firms charge a price that is greater than marginal cost, b. monopolistic competition is inefficient.
Why do monopolistic competitive firms have a poor long-term efficiency?In a monopolistic competitive market over time, a firm's demand curve will change until it is tangent to the firm's average total cost curve. This will prevent the company from turning an economic profit; instead, it will only be able to break even.
What is the root of monopoly's inefficiency?The main issue with a monopoly is that they have insufficient output. It generates less than what would be best for society. This results in the production of the monopolized good or service using up too little resources. The magnitude of this resource allocation inefficiency is determined by the dead-weight loss.
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question 1 scenario 1, questions 1-9 you have been working as a junior data analyst at bowling green business intelligence for nearly a year. your supervisor, kate, tells you that she believes you are ready for more responsibility. she asks you to lead an upcoming client presentation. you will be responsible for creating the data story, identifying the right tools to use, building the slideshow, and delivering the presentation to stakeholders. your client is gaea, an automotive manufacturer that makes eco-friendly electric cars. for the past year, you have been working with the data team in gaea’s bowling green, kentucky, headquarters. for the presentation, you will engage the data team, as well as its regional sales representatives and distributors. your presentation will inform their business strategy for the next three-to-five years. you begin by getting together with your team to discuss the data story you want to tell. you know the first step in data storytelling is to engage your audience. a big part of audience engagement is knowing how to eliminate less important details. what practice do you use to scan quickly through the data in order to identify the most important insights?
It is to be noted that given the above scenario, the practice you can use to scan quickly through the data in order to identify the most important insights is called Spotlighting.
What spotlighting in data analysis and why is it important?Spotlighting is a technique for displaying discrete thresholds depending on a measure's values. For example, you might color-code sales so that those over 10,000 display green and those under 10,000 look red. A spotlighting calculation is just a subset of a computation that yields a discrete measure.
This type of interaction shows that for each group, the slopes of the best-fitting regression lines between the continuous predictor and the outcome are not parallel. The disparity in those slopes is the simplest way to comprehend this.
Most of the time, researchers have experimental and control groups to compare. The impact of age may be intriguing and relevant to explore. However, if your study topic is on the difference between the groups rather than the influence of age, you should interpret the data accordingly.
A better approach to express what is truly going on is to characterize the interplay in terms of the influence of Conditions at different ages. This is known as spotlight analysis.
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the rac is a program that came out of an unsuccessful demonstration program that used recovery auditors in healthcare settings to look for overpayments and underpayments and help with identifying future improper payments and lowering the overall error rate for processing a medicare claim. true or false
The following statement "the rac is a program that came out of an unsuccessful demonstration program that used recovery auditors in healthcare settings to look for overpayments and underpayments and help with identifying future improper payments and lowering the overall error rate for processing a medicare claim' is False.
The Social Security Administration (SSA) launched the Medicare national health insurance programme in 1965. The Centers for Medicare and Medicaid Services presently oversees the program (CMS).
In addition to certain younger persons with disability status as assessed by the SSA, such as those with end-stage renal illness and amyotrophic lateral sclerosis, it primarily provides health insurance for Americans aged 65 and older. According to the 2019 Medicare Trustees Report, more over 59.9 million people received health insurance via Medicare in 2018, including over 52 million seniors and nearly 8 million younger people.
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In the book, Journey to the Emerald City, Roger Connors and Tom Smith identified the first step to creating a culture for
accountability as:
a) Take action on beliefs
b) Identify beliefs to produce desired action
c) Identify desired results
Answer:
Explanation:
C Identify desired results
test the joint significance of model 1 at the 5% level. for credit you must be certain to show all olf the steps needed to formally conduct teh test
the model 1's combined significance at the 5% threshold A succession of s n may or may not result in the same conclusion, so you must be sure to illustrate all of the procedures for credit.
Are importance and significance the same?While "importance" and "significance," based on the thesaurus, are frequently used synonymously, a research conclusion might be statically important but not necessarily noteworthy. In contrast, a study's findings could be significant even if the P value does not meet the threshold for statistical significance.
Does impact imply significance?This indicates that the individual might well have requirements across multiple of the eligible outcomes, possibly at the a fairly low rate, and as these needs increase, they may have a significant influence.
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which statement is not an example of adverse selection? a person does not buy a car alarm because auto theft is covered in her insurance policy.
The statement is not an example of adverse selection is a person does not buy a car alarm because auto theft is covered in her insurance policy.
When sellers and/or purchasers are privy to knowledge regarding a particular component of a product's quality, adverse selection occurs. Therefore, those who work in hazardous environments or lead high-risk lives are more likely to get life or disability insurance since the likelihood that they will use it is higher.
An applicant receiving insurance at a price that is lower than their actual degree of risk is known as adverse selection in the insurance industry. Adverse selection in insurance occurs when a person with a nicotine addiction receives insurance at the same price as a person without a nicotine addiction.
The given question is incomplete, the complete question is:
Which statement is not an example of adverse selection?
A. Relative to all cars with similar observable characteristics, those in the used car market are less reliable.
B. Individuals who expect more health problems are more likely to buy generous health insurance policies.
C. A person does not buy a car alarm because auto theft is covered in her insurance policy.
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which of the following best describes a limitation of hedging payables? the results of a money market hedge on payables are not known beforehand and are subject to high exchange rate risk. hedging payables for an uncertain amount of currency can lead to unforeseen losses. the results of a forward hedge on payables are not known beforehand and are subject to high exchange rate risk. a currency call option on payables requires the mnc to purchase that currency
Option 2 (a currency call option on payables requires the MNC (multinational companies) to purchase the currency) is the correct answer.
The acquisition of foreign currencies is a future contract. A currency call option occurs when a multinational company borrows its home currency and converts it into foreign currency that will be needed in the future. This is an example of how hedging tactics can be employed in the money market. The hedging payable on call option would not be feasible if MNC is unable to borrow local currencies and does not convert them into foreign currency. The MNCs are required to buy domestic currencies in order to hedge their payables with currency call options.
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a company's earnings and dividends are growing at a constant rate of 5%. last week, the company paid a dividend of $3.20. if the company's required rate of return is 13%, what should be the price of the stock three years from now? (do not round intermediate calculations, but round the final answer to two decimal places.)
The price of the stock three years from now will be Option B which is $63.38
Share price 3 years from now = Dividend for 4th year / (Required rate - Growth rate)
Dividend for 4th year = Current dividend * (1+Growth)^Number of years
= 3.20×(1+5%)⁴/(13%-5%)
= $63.38
So, Option B is the correct answer which is the price of the stock three years from now will be $63.38.
A stock profit is a profit paid to investors as extra offers in the organization. Stock profits are not burdened until the offers conceded are sold by their proprietor. Like stock parts, stock profits weaken the offer cost, however similarly to cash profits, they additionally don't influence the worth of the organization.
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if supply and demand are not moving, but consumers are responding to increasing prices, what situation is being eliminated in the market for that good? (3 points)
The market will be moving away from equilibrium if neither supply nor demand are changing but consumers are responding to rising prices.
We must first understand the laws of supply and demand in order to comprehend market equilibrium. Remember that the rule of demand states that when the price falls, consumer demand increases. Similar to this, the law of supply states that manufacturers supply less as prices drop.
The equilibrium on a graph is the location where the supply and demand curves intersect. The only price at which consumer and producer desires coincide is equilibrium, or when the quantity of the good that consumers want to buy (quantity demanded) equals the quantity that producers want to sell (quantity supplied). The equilibrium quantity is that amount that both parties seek equally. Any other price causes the market to be out of equilibrium since the amount requested does not match the quantity supplied. The previous considerations of surpluses and shortages should have made it abundantly evident that if a market is out of equilibrium, market forces will drive it toward equilibrium.
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what was one of the problems with justifying changing traditionally non-white characters into white characters by appealing to the need to have marketable stars as leads?
The one issue was that because most roles are for white characters, it is extremely difficult for non-white actors to achieve the level of "fame" that is supposed to drive such casting decisions.
In a film, play, or opera, a role is one of the characters that an actor or singer can play. Casting is a pre-production process that involves selecting actors to play specific roles in a TV show, movie, commercial, or play.
A bit part is a minor acting role with few or no lines in a play, TV show, or film. When an actor transforms a minor role into an interesting and memorable character, it can serve as a launching pad for a successful acting career.
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Assuming net income for the year is $115,000, what is the net cash flows activities given the following information: Increase in salaries Payable D $15,000
epreciation Expense $ 6,000
Increase in Prepaid Rent $24,000
Loss on sale of asset $1,000
Increase in Accounts Payable $25,000
Increase in Inventory $50,000 Multiple Choice a. $112.000 b. $88,000. c. $118,000. d. $188,000
The net working incomes in light of the data given is $88,000.
Cash flow from operations
Net Working Pay $115,000
Changes:
Net Operating Cash-Flows $88,000 Add Depreciation $6,000 Add Loss on Asset Sale $1,000 Add Salaries Payable $15,000 Add Accounts Payable $25,000 Less Prepaid Rent Increase ($24,000) Less Inventory Increase ($50,000)
Final numbers are $88,000 in net operating cash flows.
How does cash flow work?A company's cash flow is a measure of how much money it spent or brought in over time. On the statement of cash flows, a typical financial statement, cash flow is typically divided into cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities.
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easy life manufactures a wide range of kitchen appliances, healthcare products, and cosmetics. its salespeople are divided on the basis of their expertise in a product category. again, within each category, they are divided into teams addressing large retail customers, convenience stores, and the general public. which of the following sales-force structures has most likely been combined to form this complex sales-force structure?
The sales-force structure that may be combined to create this intricate sales-force structure is product and market.
A salesforce organization where salespeople specialize in selling primarily to particular clients or sectors is known as a customer sales force structure. An increasing number of businesses are increasingly structuring their sales forces according to certain customers or industries.
Although there are functional units that are nominally under the management of a designated executive, Salesforce follows hierarchies less strictly than other major companies in its day-to-day operations.
Companies must decide on the size of the sales force once the framework has been developed. The size of the sales force is influenced by the size of the market and the number of clients. Designing the sales force's salary is the next phase. For salespeople, compensation is a major motivator.
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bobby decides to sell lemonade on a hot summer day. if bobby sells 20 glasses of lemonade for $2.00 per cup, and his average total cost is $1.70, what are bobby's economic profits for the day? multiple choice $2.00 $6.00 $0.00 $8.00
Bobby decides to sell lemonade on a hot summer day. if bobby sells 20 glasses of lemonade for $2.00 per cup, and his average total cost is $1.70. Bobby's economic profits for the day is $6.00
Total revenue = Price x Glasses of lemonade sold
= 20 x $2 = $40
Total cost = Average total cost x Glasses of lemonade sold
=$1.70 x 20 = $34
Bobby's economic profit is total revenue less total cost.
Economic Profit= Total revenue - Total cost
Economic profit = $40 - $34 = $6.
An economic gain or loss is the difference between the money made from selling a product and the price of all the inputs plus any opportunity costs. Opportunity expenses and explicit costs are subtracted from revenue received in order to calculate economic profit.
Economic profit is important because it makes it possible to evaluate the financial performance and profitability of an organization. It demonstrates the ability of a certain company to pay its debts and generate profits for its investors. This metric holds that a brand can only be deemed successful if it generates profit for all parties.
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who would you identify as the most likely entrepreneur? (vs. self-employed, managers, freelancers, or so on)
A doctor who develops a high protein drink to sell and for each sale donates another bottle to people in developing nations is most likely an entrepreneur.
An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. Entrepreneurship is the practice of starting a business. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods.
Entrepreneurship is the practice of starting a business. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods.
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sheldon has a $15,000 liability for a machine that has an interest rate of 10%. the interest expense for one year is? multiple choice question. $15,000
Sheldon owes $15,000 for a machine with a 10% interest rate. The cost of interest is $1500 per year.The interest that lenders charge borrowers is calculated as a percentage of the principle, or lent amount.
The annual percentage rate, or APR, is a common metric for expressing the interest rate on a loan (APR). Rates of interest may also apply to money earned via a savings account or certificate of deposit at a bank or credit union (CD). These bank accounts' interest rates are expressed in terms of annual percentage yields (APY). In essence, the borrower is charged interest for using the asset. Lent assets include cash, consumer items, automobiles, and real estate. Because it raises the cost of borrowing the same amount of money, an interest rate may be thought of as the "cost of money".
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marty's merchandise has budgeted sales as follows for the second quarter of the year: april $ 30,000 may $ 60,000 june $ 50,000 cost of goods sold is equal to 70% of sales. the company wants to maintain a monthly ending inventory equal to 120% of the cost of goods sold for the following month. the inventory on march 31 was below this target and was only $22,000. the company is now preparing a merchandise purchases budget for april, may, and june. the budgeted purchases for may are:
Using accounting computations, the budgeted purchases for May for Marty's Merchandise are $31,600.
How are the budgeted purchases determined?Budgeted purchases are the difference between the cost of goods available for sale and the beginning inventory.
The cost of goods available for sale can be computed in two ways.
Firstly, it can be computed as the sum of f beginning inventory and purchases or production.
Secondly, it can be computed as the sum of the ending inventory and the cost of goods sold.
Ending inventory = 120% of the Cost of goods sold
Ending inventory for March = $22,000
Cost of goods sold = 70% of sales
April May June
Budgeted sales $30,000 $60,000 $50,000
Cost of goods sold $21,000 $42,000 $35,000
Ending inventory $50,400 $42,000
Cost of goods available
for sale $71,400 $82,000
Beginning inventory 22,000 50,400
Budgeted purchases $31,600
Thus, using some computations, the budgeted purchases for May are $31,600.
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What are Swot analysis threats?
Answer: Threats in SWOT are areas with the potential to cause problems.
Explanation: Different from weaknesses, threats are external and out of your control. This can include anything from a global pandemic to a change in the competitive landscape.
Rachel received $650 for her birthday. she purchased a surfboard for $477 and some additional accessories without spending more than the money she received. she wrote the inequality 477 x < 650. is the inequality correct? yes, because 477 and an unknown amount is less than 650. no, because 477 and an unknown amount is greater than 650. no, because the inequality symbol should be less than or equal to 650. no, because x should be subtracted from 477.
No, since the inequality symbol must be lower than or equal to 650, option (c).
What do the five symbols for inequality mean?An inequality is a mathematical connection between two expressions and is expressed using one of the following: "less than or equal to," "less than," or "not equal to."
The five inequality symbols used in mathematics are greater than symbol (>), less than symbol (<), greater than or equal to symbol (≥), less than or equal to symbol (≤), and not equal to symbol (≠).
Amount Rachel received as a birthday gift = $650
cost of the surfboard = $477
Let's say that you spent x on extra accessories.
total expenditure = 477 + x
The inequality sign between the amount spent and the total amount received will be less than or equal if she doesn't spend more than she received.
The equation will therefore be 477 + x ≤650
Rachel's inequality is false.
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Answer:
c: no because the inequality symbol should be less than or equal to 650
Explanation:
just did it on edge
Benson, incorporated manufactures a single product and uses the plantwide overhead rate method. The company's plantwide overhead rate is $25 per machine-hour (mh) used. Their single product uses 10,000 mh, has direct material cost per unit of $10. 96 and direct labor cost of $3. 84 per unit. The total overhead cost is expected to be:
Benson, incorporated creates a single product and employs a plantwide overhead rate approach, claims the query. The entire projected overhead expense is $15.00.
What does the term "manufacturers" mean?
A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those directly to customers, wholesalers, retailers, traders, or other manufacturers who may use them to make more complicated products.
What various manufacturers are there?
The six different production techniques
food production.mills producing textiles.fabrication of clothing.the production of wood products.chemical production.production of electronic and computer products.To know more about Manufactures visit:
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