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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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Ground Fault Circuit Interrupter ;)
7 0
3 years ago
Mention three reasons for depreciation​
miskamm [114]
<h2><em>Answer:</em></h2><h2><em>The causes of depreciation are: </em></h2><h2><em>Wear and tear:Any asset will gradually break down over a certain usage period, as parts wear out and need to be replaced. ... </em></h2><h2><em>Perishability: Some assets have an extremely short life span. ... </em></h2><h2><em>Usage rights</em></h2><h2><em>Natural resource usage </em></h2><h2><em>Inefficiency/obsolescence</em></h2><h2><em>ECT</em></h2>

Explanation:

5 0
3 years ago
A company's Office Supplies account shows a beginning balance of $630 and an ending balance of $460. If office supplies expense
nalin [4]

The correct answer is that there was $3,080 worth of office supplies purchased during the period.

In order to answer this question you know that the company started with $630 worth of office supplies and ended the year with $460 worth, or $170 less than they started with. The company used $170 of supplies from inventory, so they needed to purchase another $3,080 in order arrive at the $3,250 that we know was the total expense during the reporting period.

5 0
3 years ago
Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.00 each. Indicate wh
vodomira [7]

Answer:

1. Price ceiling, Binding

2. Price ceiling, Binding

3. Price floor, binding

Explanation:

Price ceiling is a government or group control limit on how high a product, commodity or service can be charged.

Price floor is a government or group limit on how low a product, commodity or service can be charged.

Binding simply means you are legally bound to something while non-binding means you are not legally bound to it.

8 0
3 years ago
Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31. Sales, $755,0
OLEGan [10]

Answer:

See explanation

Explanation:

                       Armstrong Co.

          Multi-step Income Statement

  For the year ended, December 31, 20YY

Sales                                              $755,000

<u>Less: Cost of merchandise sold   (330,000)</u>

Gross Profit                                                    $425,000

Less: Operating expenses

Administrative expenses  $35,000

Selling expenses               $50,000

<em><u>Total operating expenses                               $85,000</u></em>

Income from operation                                 $340,000

Other revenue and expenses:

Rent Revenue                    $25,000

interest expense               ($30,000)

<u>Total other revenues (expenses)                      $(5,000)</u>

Income before taxes                                      $335,000

<u>Less: Income Tax                                                     0</u>

Net Income (loss)                                           $335,000

That is the appropriate way to prepare a multi-step income statement

3 0
3 years ago
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