Answer: Budgeted Raw Material to be consumed in July.
Quantity Price per pound Total
10,200 $6 $61,200
Explanation:
As for the information provided, the material at month end in hand shall be:
20% of upcoming month's sale.
If in June at month end, the inventory in hand = 2,040 pounds of raw material.
Then, this represents 20% of total requirement of July.
Therefore, total requirement in July = ![\frac{2,040}{0.20} = 10,200\ pounds](https://tex.z-dn.net/?f=%5Cfrac%7B2%2C040%7D%7B0.20%7D%20%3D%2010%2C200%5C%20pounds)
This basically means:
Total inventory required =
Quantity Price per pound Total
10,200 $6 $61,200
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Answer:
exports as demand in all countries substantially rises.
Answer: Exclusive distribution
Explanation:
Exclusive distribution is defined as the agreement in which a parties involved are manufacturer and distributor.It states that the particular distributor cannot sell their service or item to any other party .It binds the agreement that product can be sold to the exclusive distributor.
According to the situation mentioned in the question, designers are asked for exclusive distribution by the retailer.Retailer does not wants that design of jewelry to be sold through any other source or retailer for effective sale.Thus agreement upon this matter is proposed by the retailer.