Answer: 25,200 pounds
Explanation:
Your question is incomplete as it lacked the first part. I attached a completion that I found.
The company has a policy that the ending inventory of foam each month must be equal to 30% of the following month's expected production needs.
This means that in August, the Opening inventory will be 30% of what was is needed in August and the Closing Inventory will be 30% of what is needed in September.
Remember that each cushion requires 2 pounds of foam as stuffing.
Pounds required in August
= 12,000 cushions * 2
= 24,000 pounds
Opening Stock
= 30% * (12,000 * 2)
= 7,200 pounds
Closing stock
= 30% * ( 14,000 * 2)
= 8,400 pounds.
Foam needed to be purchased in August = Pounds required tonbe produced + Closing Stock - Opening Stock
= 24,000 + 8,400 - 7,200
= 25,200
25,200 pounds of foam are what The Porch Cushion Company needs to purchase in August.
Answer:
True
Explanation:
The reason is that the straight line equation is used to illustrate the relation between the rate of return and the beta factor and is given as under:
Y = a + bX
Here
a = Rf
B = Risk premium = Rm - Rf
X = Beta Factor
So this means the security market line is the graphical presentation of capital asset pricing model and illustrates why the increase in beta factor increases the required rate of return, the reason is that the the overall required return Y of the investment will start increasing with the increase in the beta factor.
So the statement is true.
The balance of the manufacturer overhead account is Credit of $30,000, overapplied.
- credit of $30,000, overapplied.
<h3>Underapplied Overhead vs. Overapplied Overhead</h3>
Underapplied overhead is the opposite of overapplied overhead. Overapplied overhead occurs when expenses incurred are actually less than what a company accounts for in its budget. This means that a company comes in under budget and achieves a lower amount of overhead costs during the accounting period.
Therefore, the correct answer is as given above.
learn more about overhead account from here:
brainly.com/question/26396695
Answer:
The boy: 8 years old
The sister: 11 years old
Explanation:
We assume that the age at present of the boy is x (years old).
As he is younger than his sister 3 years, so that his sister's present age is great than x 3 years
=> Her present age is: x + 3 (years old)
Two years ago, the boy is younger than present two years
=> The boy's age two years ago is: x - 2 (years old)
Similarly, the sister's age two years ago is: (x+3)-2 = x + 1 (years old)
As given, two years ago he was two-thirds of his sister's age, so that we have:
<em>The boy's age two years ago = </em>
<em> × the sister's age two years ago</em>
⇒ 
⇒ 
⇒ 
⇒ 
⇒ 
=> x + 3 = 8 + 3 = 11
So the present age of the boy is 8 years old, of the sister is 11 years old
After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.
All of the other options would show concerning economic signs, not signs of recovery. Recovery happens when there is an upturn in the economy, more hiring and better sales.
