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jeka94
3 years ago
9

Gammil companyhas beginning and ending raw materials inventories of $96000 and $120000, respectively. if direct materials used w

ere $490000, what was the cost of raw materials purchased? $490000. $466000. $514000. $520000.
Business
1 answer:
d1i1m1o1n [39]3 years ago
7 0
Beginning RM Inventory 96000
Add RM purchased. ?
Less ending RM Inventory 120000
Equals DRM used 490000

490000=96000+X-120000
Solve for x
X=514000

RM purchased.(X)=514000

Hope it helps!
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Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the d
Sunny_sXe [5.5K]

Answer:

Equity Theory.

Explanation:

As Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the display is all set. Then Sarah approaches the manager with an idea for the display, and the manager tells her that it’s a great idea. Equity theory is the model of motivation that explains how Peter is striving for fairness and justice. Equity theory explains that employees should be treated equally and fairly in order to keep them motivated at the workplace. If employees started feeling that they not being treated fairly then they will dissatisfied and demotivated at the workplace which will definitely reduces their work productivity. Human beings are motivated when they are treated fairly and equally.

6 0
3 years ago
Danita rescues dogs from her local animal shelter. when danita's income rises by 7 percent, her quantity demanded of dog biscuit
Anna007 [38]

Answer:

The income elasticity of demand for dog biscuits is Option D: positive, and dog biscuits are a normal good.

Explanation:

'Income elasticity of demand' refers to the reaction of the demand in quantity for a good or service to that of change in income.  

'Normal goods' are the goods that are related positively with income whereas 'inferior goods' are those goods which are related negatively with income. As the income increases, there is a rise in demand for the dog biscuits. This means the dog biscuits are normal goods. Income elasticity for demand is positive for Danita as it is because of the rise in income. Hence, Option D is the most appropriate.

6 0
3 years ago
1. An assembly line with 30 activities is to be balanced. The total amount of time to complete all 30 activities is 60 minutes.
trapecia [35]

Answer:

a. What are the maximum and minimum cycle times?

The maximum cycle time is 60 minutes and the minimum cycle time is 2.4 minutes.

b. How much daily output will be achieved by each of those cycle times?

Daily output = CT = A/R

For max CT = 480/60 = 8 units per day

For min CT = 480/2.4 = 200 units per day.

2. In problem 1, suppose the line is balanced using 14 workstations and a finished product can be produced every 4.5 minutes.

a. What is the production rate in units per day?

CT = A/R or 4.5 = 480/R or R = 106.66 units/day

b. What is the assembly-line efficiency?

Efficiency = 60/[4.5(14)] =0.95 or 95.2% percent efficiency.

5 0
3 years ago
Barnes Company sells two products, X and Y. For the coming year, Barnes predicts sales of 5,000 units of X and 10,000 units of Y
sveta [45]

Answer:

B. False

Explanation:

The statement is False.

This conclusion can be reached just by analyzing the data provided. The weighted-average contribution margin ($6.50) cannot be higher than all of the individual contribution margins ($5 and $4). The actual weighted-average contribution margin is:

WACC = \frac{5,000}{5,000+10,000}*\$5 +\frac{10,000}{5,000+10,000}*\$4 \\WACC = \$4.33

5 0
3 years ago
Cupola Awning Corporation introduced a new line of commercial awnings in 2016 that carry a two-year warranty against manufacture
Alex_Xolod [135]

Answer:

warranty expense 250,000 debit

         waranty liability    250,000 credit

warranty liaiblity     37,500 debit

                 cash               37,500 credit

Explanation:

The warranty expense will be 5% of sales

5,000,000 x 5% = 250,000

We will create a liability to represent the future expenses and when they occur we decrease the warrant liability.

As we already declare the associate warranty expense based on sale the expenditures o ot generate an expense.

4 0
3 years ago
Read 2 more answers
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