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
Which country listed has the highest human development ranking?
andreyandreev [35.5K]

Answer:

The answers to all 3 questions are:

1. Norway

2. China and India

3. Afghanistan

Explanation:

Just completed the 2020 Edge Assignment

7 0
3 years ago
Read 2 more answers
3. What is dollar voting? How can it affect the launch of the franchise into the new region?
icang [17]

Answer:

Dollar voting is an analogy that has been used to refer to the impact of consumer choice on producers' actions through the flow of consumer payments to producers for their goods and services.

3 0
3 years ago
The fixed asset turnover ratio is computed as __________ divided by __________.
Yuri [45]

The correct option is (a) sales; average book value of fixed assets.

The fixed asset turnover ratio is computed as sales divided by average book value of fixed assets.

The fixed asset turnover ratio demonstrates the effectiveness of a company's current fixed assets in driving sales. A greater ratio suggests that management is making better use of its fixed assets. No information can be gleaned from a high FAT ratio about a company's capacity to produce reliable earnings or cash flows.

The ratio of sales to the value of fixed assets is known as fixed-asset turnover. It shows how effectively the company is generating sales by utilizing its fixed assets.

A greater ratio is typically preferred since it suggests that the business is effective at producing sales or revenues from its asset base. A lower ratio suggests that a business is not utilizing its resources effectively and may be experiencing internal issues.

Learn more about fixed asset turnover ratio

brainly.com/question/24085720

#SPJ4

3 0
2 years ago
Sanborn Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year.
Nana76 [90]

Answer:

d) 34.17

Explanation:

we must first calculate the total overhead expenses = $120,000 (ordering and receiving) + $297,000 (machine setup) + $1,500,000 (machining) + $1,200,000 (assembly parts) + $300,000 (inspection) = $3,417,000

since overhead is applied based on direct labor hours, then the predetermined overhead rate = total overhead expenses / total direct labor hours = $3,417,000 / 100,000 labor hours = $34.17 per labor hour

8 0
3 years ago
On January 1, 2018, Brussels Enterprises issues bonds at par dated January 1, 2018, that have a $3,400,000 par value, mature in
pashok25 [27]

Answer:

a. Record the entry for the issuance of bonds for cash on January 1, 2018.

January 1, 2018, bonds are issued

Dr Cash 3,400,000

    Cr Bonds payable 3,400,000

b. Record the entry for the first semiannual interest payment on June 30, 2018.

June 30, 2018, first coupon payment

Dr Interest expense 153,000

    Cr Cash 153,000

c. Record the entry for the second semiannual interest payment on December 31, 2018.

December 31, 2018, second coupon payment

Dr Interest expense 153,000

    Cr Cash 153,000

d. Record the entry for the maturity of the bonds on December 31, 2021 (assume semiannual interest is already recorded).

December 31, 2021, payment of bonds payable

Dr Bonds payable 3,400,000

    Cr Cash 3,400,000

6 0
2 years ago
Other questions:
  • When Jenny Jimenez was attempting to pay off $37,000 in debt, how did she decide which cards to pay off first?
    12·1 answer
  • Which of the following Lean principles reflects the ability of a customer to move through a process? a) Value b) Flow c) Pull d)
    10·1 answer
  • Carmel Company has a frequent buyer program for its customers, where the customers can attain an "elite" level based on the numb
    6·1 answer
  • Yvon asks zach, "do you want to buy one of my fishing rods?" under common law this is
    9·1 answer
  • A firm has a formal, written guide regarding its zero-tolerance attitude toward sexual harassment and the consequences of its vi
    12·1 answer
  • If a check correctly written and paid by the bank for $272 is incorrectly recorded in the company's books for $227, how should t
    8·1 answer
  • Materials purchased on account during the month totaled $190,000. Materials requisitioned and placed in production totaled $165,
    6·1 answer
  • 01
    13·1 answer
  • Adidea Corp. bought 100 units at $15 each. The company then sold 30 units at $25 each, and 50 percent of the purchase was paid i
    8·1 answer
  • In the 2016 election cycle, campaigns were expected spent over $4 billion on television advertisements. how effective, generally
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!