The question is incomplete. The complete Question is as follows,
Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget:
Units to be produced
October 4,500
November 4,750
December 5,200
Whistle Works sells each whistle for $12. It takes 3 ounces of metal to produce each whistle at a cost of $0.50 per ounce. They prefer to have 10% of materials required for the following month's production in ending inventory as well. How many ounces of direct materials does Whistle Works need to purchase in October to meet production needs?
A) 4,500 ounces
B) 13,575 ounces
C) 13,425 ounces
D) 4,525 ounces
Answer:
Purchases = 13575 ounces
Option B is the correct answer
Explanation:
To calculate the purchases of material for October, we first need to calculate the inventory needed to produce the desired number of units in October along with the desired ending inventory and adjust it for the available opening inventory at start of October.
Material available at Start - October = 10% * 4500 units * 3 ounces per unit Material available at Start - October = 1350 ounces
Material required at end - October = 10% * 4750 units * 3 ounces per unit
Material required at end - October = 1425 ounces
Material required to produce required units in October = 4500 * 3 = 13500
Production = Opening Inventory + Purchases - Closing Inventory
13500 = 1350 + Purchases - 1425
13500 + 1425 - 1350 = Purchases
Purchases = 13575 ounces
The two-way flow of communication between a specific buyer and seller designed to influence the buyer's purchase decision is called: Personal Selling
<h3>
What is Personal Selling?</h3>
When a salesperson meets with a potential customer to close a deal, this is known as personal selling. A sequential sales process with typically nine steps is used by many salespeople. For all or a portion of the sales process, some sales professionals write scripts. Telemarketing and in-person interactions both employ the sales process.
Personal selling is described as "the process of person-to-person conversation between a salesperson and a prospective customer, in which the latter strives to meet the latter's requirements by providing the latter with the chance to purchase something of value, such as a good or service." The phrase may also be used to describe a circumstance in which a business employs a sales force.
To learn more about Personal Selling from the given link:
brainly.com/question/7304387
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Answer:
![\left[\begin{array}{ccCc}&$Weedban&$Greengrow&$Total\\$Sales&90,000&210,000&300,000\\$Variable&-36,000&-147,000&-183,000\\$Traceable Fixed&-45,000&-21,000&-66,000\\$Business Fixed Cost&&&-33,000\\$ Income&9,000&42,000&18,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7BccCc%7D%26%24Weedban%26%24Greengrow%26%24Total%5C%5C%24Sales%2690%2C000%26210%2C000%26300%2C000%5C%5C%24Variable%26-36%2C000%26-147%2C000%26-183%2C000%5C%5C%24Traceable%20Fixed%26-45%2C000%26-21%2C000%26-66%2C000%5C%5C%24Business%20Fixed%20Cost%26%26%26-33%2C000%5C%5C%24%20Income%269%2C000%2642%2C000%2618%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
We will multiply the sales price by the production of each segment
Then, we do the same for the variable cost
Next, we write the traceable fixed cost
On the total we post the common fixed cost
finally the income per segment and for the company as a whole.
Answer:
The journal entry shown below:
Explanation:
According to the scenario, the journal entry for the given data are as follows:
Salary expense A/c Dr $47,000
To Social security A/c $2,820
To Medicare tax A/c $705
To Federal withholding A/c $7,990
To Retirement savings A/c $2,700
To Salaries payable A/c $32,785
(Being the payroll for current period is recorded)
Salaries payable computation = Salary expense - Total other deductions
= $47,000 - ( $2,820 +,$705 + $7,990 + $2,700)
= $32,785
(Note: There are two Federal withholding amounts are given. we have considered the first amount to calculate.)
D. manual
Hope this helps. :)
