Answer: 42056 pounds
Explanation:
The budgeted raw material purchases for May will be:
Budgeted unit sale = 8700
Add: desired ending inventory = 10% × 12600 = 1260
Total needs = 8700 + 1260 = 9960
Less: Beginning inventory = 10% × 8700 = (870)
Production in May = 9960 - 870 = 9090
Pounds for material = 4
Material for production = 9090 × 4 = 36360
Add: Desired ending inventory of raw material = 20240
Total needs = 36360 + 20240 = 56600
Less: Beginning ending inventory of raw material = (14544)
Raw material purchase = 42056
Answer:
The completely accurate definition of the particular subject is outlined in the following subsection including its clarification.
Explanation:
- The marginal profit trajectory has so far been sloping down, MB decreases, and since most of a commodity is collected as much more quantities of something like a good offer fewer sense of achievement, unlike earlier versions. This same marginal cost of production is pointing down upward, becomes rising as more than just a commodity is generated as additional items need progressively inappropriate utilization of resources.
- The optimum amount of something like a given substance exists whenever MB is equivalent to MC. If MC reaches MB everything should still be made available fewer resources. In any other context, the services are more useful.
Answer:
$27,909
Explanation:
Bellows Corp.
Bank Reconciliation as at April 30, 2013
Unadjusted book balance $28,750
Less:
Outstanding checks $900
NSF checks $381
Add:
Interest earned on checking account $80
Error correction[$730 - $370] $360
Adjusted book balance $27,909
Answer:
Yes, the results are the same in both frameworks. Please see below for explanation.
Explanation:
With regards to the bond supply and demand framework, people will look to buy more bonds since they are more wealthy now. Hence, the supply of bonds will increase. The supply curve and the demand curve will both move to the right, with the former shifting more than the latter. The equilibrium interest rate will increase.
With regards to the liquidity preference framework, once the economy experiences a positive shift, there will also be an increase in the demand for money. People will make an increased number of transactions as well and hence, the demand curve will move towards the right. The equilibrium interest rate will rise too.
Answer:
c. accept the loan with the lower effective annual rate rather than the loan with the lower annual percentage rate.
Explanation:
In the above scenario it will be a good financial decision to choose a loan with lower effective rate than the one with lower percentage rate.
Effective rate is defined as the real interest rate on a loan or the actual amount that is to be repaid annually on a loan. It gives a truer picture of cost of borrowing money.
Percentage rate is interest paid on a loan expressed as a percentage of the total amount collected. It usually includes various fees and charges collected by the lender. So it is not a true reflection of the cost of borrowing
