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KATRIN_1 [288]
3 years ago
13

Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p

lanned for the year.
Beginning Ending
Inventory Inventory
Finished goods (units) 31,000 81,000
Raw material (grams) 61,000 51,000
Each unit of finished goods requires 2 grams of raw material. The company plans to sell 780,000 units during the year. The number of units the company would have to manufacture during the year would be: _________
Business
1 answer:
adoni [48]3 years ago
4 0

Answer:

Production 830,000

Explanation:

$$Beginning Inventory + Purchase = Ending Inventory + COGS

- FG(units)

Beginning 31,000

Ending 81,000

Sales 780,000

Production 830,000

<em>sales + ending - beginning = production</em>

<em />

We are asked for the finished good units to produce.

The raw materials are irrelevant in this question.

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Explanation:

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3 years ago
A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.
sweet-ann [11.9K]

A  Forward transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

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8 0
2 years ago
When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quanti
olga55 [171]

Answer: The price elasticity of demand for good A is 0.67, and an increase in price will result in a increase in total revenue for good A

Explanation:

The following can be deduced form the question:

P1 = $50

P2 = $70

Q1 = 500 units

Q2 = 400 units

Percentage change in quantity = [Q2 - Q1 / (Q2 + Q1) ÷ 2 ] × 100

Percentage change in price = [P2 - P1 / (P2 + P1) ÷ 2 ] × 100

% change in quantity = (400 - 500)/(400 + 500)/2 × 100

= -100/450 × 100

= -22.22%

% change on price = (70 - 50)/(70 + 50)/2 × 100

= 20/60 × 100

= 33

Price elasticity of demand = % change in quantity / % change on price

= -22.22 / 33

= -0.67

This means that a 1% change in price will lead to a 0.67% change in quantity demanded. As there was a price change, there'll be a little change in quantity demanded because demand is inelastic. Thereby, he increase in price will lead to an increase in the total revenue.

Therefore, the price elasticity of demand for good A is 0.67, and an increase in price will result in an increase in total revenue for good A

7 0
3 years ago
Liam, the photography editor of a national magazine, is looking through a series of pictures to find a model who seems strong an
lord [1]

Liam should select a model whose face has an angular chin because in the given research of snap judgement about appearance angular chin conveys strong and competent. participants rated a large number of faces along different personality dimensions these two dimension are trustworthiness and dominance. 

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3 years ago
A firm that sells​ e-books - books in digital form downloadable from the Internet​ - sells all​ e-books relating to​ do-it-yours
vampirchik [111]

Answer:

Profit maximizing price of the firm = 50 cents

Average total cost of e-book = $10.5

Explanation:

As per the data given in the question,

Maximum annual profit = $35,000

It sells = 15,000 copies

Expense rate = 50 cent

Company must spend = $150,000

Here, Profit maximizing price of the firm = marginal cost (Expense rate)

So, Profit maximizing price of the firm = 50 cents

As per the following formula,

Average total cost = Total cost ÷ Quantity of output

= ((0.5 × 15,000) + $150,000) ÷ 15,000

= $10.5

6 0
3 years ago
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