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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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The job order cost sheets used by Greene Company revealed the following: Job. No. Bal., May 1 May Production Costs 134 $ 1,700 $
tekilochka [14]

Answer:

A. 3200 ; 900

Explanation:

First, the multiple Choices for the question

A. 3200 ; 900

B. 2900 ; 1200

C. 1200 ; 2900

D. 1700 ; 1200

E. 4100 ; 0

SOLUTION

This is a job order costing question and  Job order costing represents a cost accounting method where for each job, the cost is accumulated such that the cost for the job, work order and the project are separately accumulated.

1) The question is to determine the Cost of Goods sold for May

The formula = Cost of Job 134 + Cost of Job 135

= The cost of Job 134 = $1,700

The cost of Job 135 = Balance Ma y 1 + May Production Costs = $1,200 + $300

= $1500

= $1,700 + $1,500 = $3,200 - Cost of Goods sold for May

2) The WIP Inventory cost on 31st May

This is simply asking for the cost of Job 136, this is because Jobs 134 and 135 were completed during the month and Shipped to the Customer that same month

Hence the Work in Progress Inventory Cost on 31st May = $900

6 0
3 years ago
The Packaging Department started the month with 900 units in​ process, received 1 comma 600 units from the Finishing​ Department
jeka94

Answer:

ending WIP physical units: 600

Equivalent units: 495

Explanation:

<u>physical units:</u>

We will add up the beginning units and the transferred-in.

Then we subtract the transefrred-out

beginning            900

received             1,600

total units during the period: 2,500

transferred out: (1,900)

ending:                600

<u>To know the equivalent untis we multiply by their porcentage of completion:</u>

900 x 55% = 495 units

6 0
4 years ago
If partner owned computers or IRS loaned computers or printers are lost or stolen, the partner is required to notify the IRS ___
Margaret [11]

Answer:

If partner owned computers or IRS loaned computers or printers are lost or stolen, the partner is required to notify the IRS _immediately____. Partners should provide all information that is readily available to the local SPEC Territory Office.

Explanation:

All incidents of stolen and lost equipment must be reported to the IRS immediately, at least a day after the incident is reported.  As part of the condition for the IRS-loaned equipment, partners are expected to report incidents of stolen and lost equipment not later than the next business day after the confirmation of the incident. If the lost or stolen equipment contained taxpayer PII data, the partner must report the loss of PII data based on the data breach guidance. This is why it is necessary to safely keep some information pertaining to the equipment, including the serial number, make, barcode, etc.

7 0
3 years ago
Clarifying the issues of a problem is the _____ step in the problem solving process.
solmaris [256]

Answer:

hii there

The correct answer is option ( A )

8 Step Problem Solving Process

Step 1: Define the Problem. What is the problem?

Step 2: Clarify the Problem.

Step 3: Define the Goals.

Step 4: Identify Root Cause of the Problem.

Step 5: Develop Action Plan.

Step 6: Execute Action Plan.

Step 7: Evaluate the Results.

Step 8: Continuously Improve

Explanation:

Hope it helps

have a nice day

8 0
3 years ago
Neil, a digital painter at an animation company, is given a monthly target of 15 projects. He completes 10 or 20 projects a mont
Ratling [72]

Answer:

The correct answer is C) A variable ratio reinforcement schedule .

Explanation:

In this case, Neil must use an effort program of variable reason, considering that if he wants to create an operant behavior in a subject, he can administer the reinforcing stimulus only when the subject performs a certain number of times the behavior in question, for example every three times ; In this case, there is a fixed ratio reinforcement program. If instead you prefer to administer the booster when the subject performs a variable number of behaviors (for example, sometimes every three behaviors, sometimes every two, sometimes every four), you will have a variable ratio booster program.

5 0
4 years ago
Read 2 more answers
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