1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hammer [34]
3 years ago
10

Beridze manufacturing expects to produce​ 2,400 units in january and​ 3,700 units in february. beridze budgets​ $45 per unit for

direct materials. the amount of indirect materials needed for production has been determined to be insignificant and will therefore not be considered in the calculation. the balance in the raw materials inventory account​ (all direct​ materials) on january 1 is​ $37,250. beridze desires the ending balance in raw materials inventory to be​ 70% of the next​ month's direct materials needed for production. desired ending balance for february is​ $51,800. what is the cost of budgeted purchases of direct materials needed for​ january?
Business
2 answers:
sladkih [1.3K]3 years ago
6 0
We have that the january units cost 2400*45=108000$. Also, February's cost is going to be 3700*45=166500$. We have that for January, the ending balance needs to be 70% of the stock for February. Hence, it needs to be 70%*166500=116500$. Hence, we will need to pay for the units 108000$ and also 116500$; Thus, the total money that needs to be invested in January is 224500$. However, we already have 37250$, so the total inflow of money is 187250$. Hence, the correct choice is that on January we need 187300$.

(For February, we need to put in 166500$ and also 51800 need to be available at the end of the month. Thus, the total cost needs to be 218300$. However, 116500$ are already available from January. Hence, the total inflow for February is 101800$.
The total from both months is: 187250+101800=289050$)
V125BC [204]3 years ago
3 0

Answer:

The total cost of direct materials needed for the month of January will be$30,0000

You might be interested in
Basic similarity and different between BAUM, UNIDO, DEPSA project life cycle
Fiesta28 [93]

Answer:

BAUM, UNIDO, and DEPSA all refer to types of project development cycles.

A. The BAUM project lifecycle refers to the World Banks' project development cycle as described by Warren Baum.  

The BAUM project life cycle features 6 stages namely:

  1. identification of opportunity
  2. preparation for the project
  3. appraisal of the project
  4. negotiations related to the project
  5. implementation and supervision  of the project and
  6. ex-post evaluation  

B. UNIDO - The UNIDO model features three major stages which are also broken down into various steps.

Pre-investment phase

This phase is further divided into:

  • A study of the opportunity presented. This has to do with identifying ideas to be invested in.
  • Pre-feasibility study. This stage involves the formulation, and selection of project alternatives)
  • Feasibility study. When the project is selected, then it is tested to economic feasibility.
  • Submission of report on the evaluation          

    2. Investment phase  

This stage is further broken down into:

  • Project design stage: At this stage, the criteria for success, and key deliverables are spelt out.
  • Construction stage  (For engineering or building projects)
  • Pre-production marketing stage
  • Training  of staff
  • Kick-off stage  

  3. Operational phase  

This is also broken down into:  

Replacement of equipment  due to wear and tear or upgrade to better technologies

Development, invasion or liquidation states.

C. DEPSA stands for "Development Project Studies Authority".

This variant of the Project Lifecycle also consists of three major stages. They are:  

  • Pre-investment phase
  • Investment and
  • Operation

The DEPSA stage is very similar to the UNIDO project life cycle. Both are defined according to an Investment Cycle paradigm and that's the reason why you have pre-investment, investment and operations phase for both methodologies.  

Whilst the UNIDO model is more 'universal' in that it speaks to a wide range of businesses including engineering projects, DEPSA seems a little skewed towards engineering projects.  

This is evident in the terminologies used in the investment phases. With DEPSA you would notice terms like 'detailed engineering design'

'construction', and 'erection'. The UNIDO the investment phase contains engineering terms but also speaks to 'marketing' and 'training'  

While the BAUM project lifecycle contains all the basic stages in the DEPSA and UNIDO life cycles, it holds a universal outlook and seems applicable to both business and engineering projects.

Cheers!

5 0
3 years ago
A blackboard used during a presentation would NOT be considered a visual aid<br><br> true<br> false
Tresset [83]

falsehbbguwknbh iigggvow jiw

5 0
3 years ago
Anthony was employed as a forklift operator for Blackburn Construction Company. While on the job, he operated the forklift in a
QveST [7]

Answer:

Option A

Explanation:

6 0
3 years ago
Why are manufactured goods more valuable to the economy than services (select all that apply)
ahrayia [7]
The answer is no 2 and 4
5 0
2 years ago
Western Wear Clothing issues 3,000 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming t
Komok [63]

Answer:

The journal entry for the issuance of the common stock is shown below:

Explanation:

Cash A/c.............................................Dr    $33,000

     Common Stock A/c........................Cr   $30

     Paid in Capital A/c...........................Cr   $32,970

Working Notes:

Cash = Number of shares × Issue Price

= 3,000 × $11

= $33,000

Common Stock = Number of Shares × Par Value

= 3,000 ×  $0.01

= $30

Paid in Capital = Cash - Common stock

= $33,000 - 30

= $32,970

3 0
3 years ago
Other questions:
  • Garvin's ________ definition of quality states that if the customer is satisfied, the product has good quality.
    9·1 answer
  • In addition to teaching some amount of tolerance, the crusades also encouraged ______.
    12·1 answer
  • Given Yolanda's timeline below, which of the following events would prevent her from achieving her career goal on time as planne
    13·2 answers
  • Kalani is an account executive with a medical device company that sells sophisticated camera equipment used in surgical procedur
    13·1 answer
  • If teamwork and support are high on your priority list, a _______ may be a poor choice for a business
    14·2 answers
  • __________is a business improvement approach that seeks to find and eliminate causes of defects and errors in manufacturing and
    6·1 answer
  • The chart gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP
    8·1 answer
  • John has finally gotten to the point where he can put away some money and start a rainy day fund. He wants to have access to his
    7·1 answer
  • July 15 Declared a cash dividend payable to common stockholders of $165,000. Aug. 15 Date of record is August 15 for the cash di
    7·1 answer
  • Evan and Rosa have two young children. Evan has a full-time job as a truck driver, and Rosa is currently applying for jobs. What
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!