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Katena32 [7]
1 year ago
14

The total direct materials purchases of materials A and B (assuming no beginning or ending material inventory) required for July

production is: 1. $1,080,000 for A; $648,000 for B 2. $1,080,000 for A; $1,296,000 for B 3. $1,170,000 for A; $702,000 for B 4. $1,125,000 for A; $675,000 for B
Business
1 answer:
creativ13 [48]1 year ago
6 0

The total direct materials purchases of materials A and B (assuming no beginning or ending material inventory) required for July production is: 1. $1,080,000 for A; $648,000 for B

<h3>What is inventory?</h3>

Inventory, also known as stock, refers to the goods and materials that a company keeps for the purpose of resale, production, or use. Inventory management is primarily concerned with specifying the shape and placement of stocked goods.

There are four types of inventory: raw materials/components, work in progress (WIP), finished goods, and maintenance and repair (MRO).

Inventory valuation methods include FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost).

Manufacturers have three kinds of inventory. They are raw materials (that have yet to be worked on), work-in-progress (that is currently being worked on), and finished goods (which are ready for shipping).

To know more about inventory follow the link:

brainly.com/question/24868116

#SPJ4

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New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a la
mestny [16]

Answer:

b. New brands require higher spending to reach a minimum level of exposure needed to affect purchase habits

Explanation:

New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a large market share because a certain minimum level of exposure is needed to measurably affect purchase habits.

3 0
3 years ago
The supplies account had a beginning balance of $1,693. Supplies purchased during the period totaled $4,413. At the end of the p
olga55 [171]

Answer:

Debit Supplies expense $5,661

Credit Supplies account $5,661

Explanation:

At the time of purchasing supplies, the entries includes a debit to supplies accounts, and a credit to cash or accounts payable which is dependent on whether the cash purchased was done via cash or an account

For supplies used, debit supplies expense and credit supplies account. The movement in supplies account over a period is due to purchases and its expressed as;

Opening balance + Purchases - Supplies used = closing balance

$1,693 + $4,413 - Supplies used = $445

$6,106 - Supplies used = $445

Supplies used = $6,106 + $445

Supplies used = $5,661

6 0
2 years ago
Match the academic requirements with the careers :
Vedmedyk [2.9K]

Answer:

a. Equal opportunity officer-Bachelors degree

b. Court reporter- Tech program

c. Security officer-High school diploma

Explanation:

a. Equal opportunity officer

An equal opportunity officer have the responsibility of formulating and ensuring policies that are not discriminatory and are in line with the best practice at the workplace. As the name suggests, they basically use policies that offer equal opportunity to all individuals without discrimination based on age, sex, religion and race. The following are typical duties and responsibilities of an equal opportunity officer;

1. They support and maintain legislation against workplace discrimination.

2. Offer advice to staff regarding equal opportunity practice at the workplace.

3. They work with other organizations that are also involved in equal opportunities.

4. They make sure that when there is a promotional opportunity, it is handled fairly.

5. Training courses regarding equal opportunities are designed and led by equal opportunity officers.

The minimum academic qualifications for becoming and equal opportunity officer is a Bachelors degree.

b. Court reporter

Court reporters are charged with the responsibility of transcribing oral information during a court session. They are also known as stenographers or steno-type operators. Some court reporters also offer real-time video-captioning for television proceedings. The y have the following duties;

1. Upon the judge's request, the court reporter can play back a portion or all of the proceedings.

2. Make written transcripts during court events

3. They can also request speakers to repeat inaudible speech or statements

4. Once the transcripts are written they also review them for typing errors.

Court reporting is a hands on career that needs a lot of training in typing and listening. The academic qualifications usually considered here is a Tech program where aspiring candidates are trained on how to be an effective court reporter.

c. Security officer

A security officer are trained officers whose main duty is in the protection of lives and property. They do this through strategies such as patrolling, monitoring and reporting. Security officers have to be vigilant and of high sense of integrity. Security officers have the following duties and responsibilities;

1. Monitoring to ensure that everything and everyone is safe.

2. Sounding alarms to alert others.

3. Reporting to higher authorities to prevent damages and losses.

4. Ensures security in building premises by patrolling the premises.

A security officer is an entry-level career that mostly requires a high school diploma.

4 0
3 years ago
Suppose that the world price of oil is $70 per barrel and that the United States can buy all the oil it wants at this price. Sup
inysia [295]

Answer:

The supply and demand curves for the United States are shown in the graphs attached.

Explanation:

Free trade in oil implies that a country in the international oil market can import as much oil as it wants and export as much oil as it wants.

The costs of demand and the revenues obtained in each case are given below:

QD1 cost = 68 × 70 = $4,760

QS1 revenue = 16 × 70 = $1,120

QD2 cost = 470 × 70 = $32,900

QS2 revenue = 15 × 70 = $1,050

QD3 cost = 672 × 70 = $47,040

QS3 revenue = 14 × 70 = $980

QD4 cost = 874 × 70 = $61,180

QS4 revenue = 13 × 70 = $910

QD5 cost = 1076 × 70 = $75,320

QS5 revenue = 12 × 70 = $840

Find the graph attachments.

7 0
3 years ago
Which of the following is true?
pentagon [3]

Answer:

c.Rents occur at the beginning of each period of an annuity due.

Explanation:

First, know the difference between Ordinary annuity and Annuity due.

In Ordinary annuity, recurring payments occur at the end of the payment period; for example at the end of every month, end of ever year , end of every quarter etc.

On the other hand, in the case of Annuity due, the recurring payments occur at the beginning of the period like at the beginning of the month, beginning of the year;Jan 1st, or beginning of every quarter

In the case of rent, tenants pay rent at the beginning of each month making this type of payment an Annuity Due.

3 0
3 years ago
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