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3 years ago

LO 4.2Which document lists the inventory that will be removed from the raw materials inventory?

Business

1 answer:

Amanda [17]3 years ago

7 0

Answer:

Material Requisition Form

Explanation:

Material requisition form is a request form generated by production team asking store department to issue material for process. Thus upon receipt of approved material requisition form, store issues the raw material from inventory.

Job cost sheet is not correct answer as it is sheet used by firms using job order costing process to record total cost incurred on a job.

Purchase order is a document used to place order to required goods and services. It is a source document for tracing actual order, goods receipt and invoices raised.

Receiving document denotes the actual quantities of goods received at warehouse.

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In March, stockholders of Herbalife Nutrition approved a 3-for-2 stock split. After the split, how many shares of Herbalife stoc

Anna11 [10]

Answer:

600 shares

Explanation:

If a 3-for-2 stock split will take place, for every 2 stocks that an investor has, he will receive three stocks. So this specific investors who owns 400 stocks will receive:

(400 / 2) x 3 = 200 x 3 = 600 stocks.

After the 3-for-2 stock split, the company will have 50% more stocks outstanding and the price of each stock should be reduced by one third. So the investor shouldn't earn any profit from this split since the market value of the investment should remain about the same (stock prices change daily whether the split takes place or not).

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4 years ago

A firm is considering investing in a new machine that will last for 6 years. They expect the new machine to initially reduce the

Julli [10]

Answer:

-$155,000

Explanation:

The quantity of inventory that would be reduced= -105000

The decrease in parts inventory = 10000

Decrease from year 1 to 6 = -10000*6

= -60000

Then the net working capital

= 105000 + 10000 - 60000

= $155000

Therefore the net working capital for this project in the sixth year is = -$155000

4 0

3 years ago

Read 2 more answers

If there were 70000 pounds of raw materials on hand on January 1, 100000 pounds are desired for inventory at January 31, and 250

vlabodo [156]

Answer:

280,000 pounds

Explanation:

The computation of the purchase of raw material is shown below:

= Ending inventory + production required - beginning inventory

= 100,000 pounds + 250,000 pounds - 70,000 pounds

= 280,000 pounds

We simply added the required production and deducted the beginning inventory to the ending inventory so that the correct pounds can be calculated

6 0

3 years ago

Selective Listening Exercise: You will need to complete this exercise with another person. Create a list of like items (e.g., a

VladimirAG [237]

Answer:

In the description.

Explanation:

For this exercise, I selected the following list of school subjects:

Math, languages, physics, biology, philosophy, mathematics, Spanish, philosophy, geography, literature, technology, biology, calculus, ethics, electronics, philosophy, literature.

The person with whom I did this exercise wrote the following subjects: mathematics, physics, calculus, electronics, biology, technology.

From this exercise and with respect to selective listening, we can then conclude that the subjects that the other person is able to retain and write quickly (during the first 30 seconds) are those that directly interest him or draw his attention, leaving aside those that are not very attractive to his taste.

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3 years ago

How do the owners of a partnership relate to the business?

lawyer [7]

The correct option is A.
A partnership business is a type of business that is formed by two or more people. The maximum number of people that can form a partnership is not restricted in some countries while it is restricted in some other countries. For instance, the maximum number of people that can form a partnership in Nigeria is 20. In a partnership business, the owners and the business are considered to be one and the same, this means that, if the business runs into financial problem, the owners may end up losing everything that they have including private properties.<span />

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4 years ago