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anyanavicka [17]
10 months ago
7

If 120,800 pounds of raw materials are needed to meet production in august, how many pounds of raw materials should be purchased

in july?
Business
1 answer:
Yakvenalex [24]10 months ago
3 0

Manufacturing units in July = 26000+(28000*25%)-(26000*25%) = 26500 gadgets kilos of raw materials have to be purchased in July.

Raw substances are the entered goods or inventory that a business enterprise wishes to fabricate its merchandise. Examples of raw materials include steel, oil, corn, grain, gas, lumber, woodland resources, plastic, natural gasoline, coal, and minerals.

Simple raw substances encompass sand (which include silica sand), clay, hard rock, limestone (together with metallurgical limestone) and gravel, and other construction and street construction materials. these materials are produced incredibly cheaply, with the primary fee being the transport to the development site.

There are predominant forms of raw substances: direct and indirect. Direct materials are unprocessed sources that can be especially traced to a stop product. Lumber is a good example of an instantaneous uncooked material.

Learn more about raw materials here: brainly.com/question/825024

#SPJ4

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On January 1, 2022, The Eighties Shop has 100,000 shares of common stock outstanding. The Eighties Shop incurred the following t
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Answer:

Date        General Journal                Debit            Credit

March 1   Bank A/c                        $2,650,000

                  (53,000 × $50)

                       Share Capital A/c                            $53,000

                        (53,000 × $1)

                        Share Premium A/c                        $2,597,000

                        [53,000 × $49 ($50 - $1)}  

                (Being additional 53,000 issued shares for $50)

May 10     Treasury Stock A/c            $254,400

                (4,800 × $53)

                        Cash A/c (4,800 × $53)                  $254,400

               (Being purchase of 4,800 treasury stock for $53 )    

June 1       Retained Earning A/c        $207,480  

                 (1,53,000- 4,800) × $1.4

                          Dividend Payable A/c                   $207,480

                           [(153,000 - 4,800) × $1.4]

                 (Being cash dividend declared)

July 1        Dividend Payable A/c       $207,480

                           Cash A/c                                        $207,480

                 (Being cash dividend paid)

October 21  Cash A/c (2,400 × $58)   $139,200

                          Treasury Stock (2,400 × $53)          $127,200

                          Paid in Capital from treasury Stock $12,000

                           (2400 × $5)

                    (Being 2,400 Treasury Stock sold for $58)

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2 years ago
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In the current period, Forward Co. started with the production of 21,000 units and completed 8,400 units, leaving 13,200 units i
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Answer:

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Explanation:

The computation of the cost per equivalent unit is shown below:

But before that the equivalent units is to be computed

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