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
Yakvenalex [24]
4 years ago
7

Tucker Company makes chairs. Tucker has the following production budget for January - March. January February March Units Produc

ed 9,646 10,993 8,559 Each chair produced uses 5 board feet of wood. Management wants ending inventory levels of raw materials to equal 20% of the production needs (in wood) for the next month. How many board feet of wood does Tucker need to purchase in February
Business
1 answer:
ziro4ka [17]4 years ago
6 0

Answer:

Total= 45,684 feet

Explanation:

Giving the following information:

Production budget:

February= 10,993

March= 8,559

Each chair produced uses 5 board feet of wood.

Management wants an ending inventory level of raw materials to equal 20% of the production needs (in wood) for the next month.

Direct material budget:

Production= 10,993*5= 54,965

Desired ending inventroy= (8,559*5)*0.2= 1,712

Beginning inventory= (10,993*5)*0.2= (10,993)

Total= 45,684 feet

You might be interested in
Radverb Inc. paid a dividend of $2.00 last year. The company expects to increase the dividend at a constant rate of 2% per year,
Nezavi [6.7K]

<u>Solution and Explanation:</u>

The given ke  = 0.08 , Ke = 8%

Now, the required return falls by half (by 50%)

Ke (revised) = 8 percent multiply with the 50 percent = 4%

The Price of Radvob’s stock = 2(1.02) / 0.04-0.02 =$102

Do= $2

G=2%

The given Current price = $34

Ke= required return = ?

The Current price = \mathrm{D}_{0}(1+\mathrm{G}) / \mathrm{K}_{\mathrm{e}}-0.02

Ke=0.08 , Ke=8%

Now, the required return falls by half(by 5%)

Ke (revised) = 8 percent multiply with 50 percent = 4%

7 0
4 years ago
Suppose Stark Ltd. just issued a dividend of $1.59 per share on its common stock. The company paid dividends of $1.25, $1.33, $1
vlada-n [284]

Answer:

Explanation:

arithmetic average growth rate = {[(1.33 - 1.25)/1.25] + [(1.40 - 1.33)/1.33] + [(1.51 - 1.40)/1.40] + [(1.59 - 1.51)/1.51]} / 4 = {0.064 + 0.053 + 0.079 + 0.053} / 4 = 0.06225 x 100 = 6.225%

geometric growth rate = ⁴√{0.064 x 0.053 x 0.079 x 0.053} = 0.061%

a) using arithmetic average growth rate

Div₁ = $1.59 x 1.06225 = $1.689

P₀ = $40

g = 6.225%

40 = 1.689 / (Re - 0.06225)

Re - 0.06225 = 1.689 / 40  = 0.04222

Re = 0.04222 + 0.06225 = 0.10447 = 10.45%

b) using geometric average growth rate

Div₁ = $1.59 x 1.061 = $1.68699

P₀ = $40

g = 0.061%

40 = 1.68699 / (Re - 0.061)

Re - 0.061 = 1.68699 / 40  = 0.04217

Re = 0.04217 + 0.061 = 0.103174 = 10.32%

8 0
3 years ago
In a fast-moving environment where job analysis must accommodate change, many organizations may adopt a ____, where the emphasis
svp [43]
In a fast-moving environment where job analysis must accommodate change, many organizations may adopt a ____, where the emphasis is placed on characteristics of successful performers rather than standard duties.

dynamic job analysis
7 0
3 years ago
40 points easy question
Lyrx [107]

Answer:

D

Explanation:

just did it and got it right

3 0
3 years ago
Whole Foods Market ordered 12 cases of organic vegetable soup with a list price of $18.90 per case and 8 cases of organic baked
Ira Lisetskai [31]

Answer: The answer is given below

Explanation:

a. What is the extended list price of the order?

This will be gotten by multiplying the number of cases with the price list. From the question, we are told that Whole Foods Market ordered 12 cases of organic vegetable soup with a list price of $18.90 per case and 8 cases of organic baked beans with a list price of $33.50 per case.

Organic vegetable soup:

= 12 × $18.90

= $226.80

Organic baked beans= 8 × $33.50

= $268

Total = $226.80 + $268

= $494.80

b. What is the total amount of the trade discount on this order?

We are told that the wholesaler offered Whole Foods a 39% trade discount. This will be:

= 39% × $494.80

= 39/100 × $494.80

= 0.39 × $494.80

= $192.972

c. What is the total net amount Whole Foods owes the wholesaler for the order?

The total net amount will be the total price of the order and the discount. This will be:

= $494.80 - $192.972

= $301.828

5 0
3 years ago
Other questions:
  • What 3 documents are necessary during home buyer prequalification
    15·1 answer
  • Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in three equal annual installments. the
    5·1 answer
  • Mark has $100,000 to invest. His financial consultant advises him to diversify his investment in three types of bonds: short-ter
    6·1 answer
  • A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
    8·2 answers
  • Calculate the payback period for the following investment: Invest ($10,000). Cash flows in Yr1: 1,000; Yr2: 3,000; Yr3: 3,000; Y
    5·1 answer
  • In the sports and entertainment marketing industry, whose job is it to attract media attention
    7·2 answers
  • Fly High Inc. intends to invest in a new airplane. Information regarding the investment in the airplane is given below: Project
    6·1 answer
  • Can anyone help plz?
    14·1 answer
  • Determine if each of the following plans are short term, long term, or operational.
    12·1 answer
  • A project's break-even occupancy level is determined by: _______________
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!