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Igoryamba
3 years ago
6

A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 80,000 units on hand,

the sales department budgeted sales of 300,000 units in June, and the company desires to have 120,000 units on hand on June 30. The budgeted cost of goods sold for June would be ___________
Business
1 answer:
Alla [95]3 years ago
4 0

Answer:

$10,200,000.

Explanation:

End inventory + Sales - Begin inventory = # of units that need to be produced

# of units that need to be produced @  $30 per = Your answer

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4 0
3 years ago
Ella has an offer to buy an item with a sticker price of $12,300 by paying $420 a month for 36 months. What interest rate is Ell
pentagon [3]

Answer:

18.65%

Explanation:

Cost = $12,300

Total Payment = $420 × 36

                        = $15,120

Difference in the cost and payment = $15,120 - $12,300 = $2,820

Interest rate is the ratio of the interest to the original cost of the item.

The interest is the difference between the amount paid and the actual cost.

Interest rate = ($2,820/$15,120) × 100%

= 18.65%

5 0
3 years ago
Read 2 more answers
A hostile takeover is a situation in whicha.the management and board of directors of the targeted firm disapprove of the propose
Tasya [4]

Answer: a - the management and board of directors of the targeted firm disapprove of the proposed merger

Explanation:

A hostile takeover is a situation where the board of directors and senior managers are against the proposed merger.

There are several pre-offer takeover defense mechanisms. One of them is the golden parachute.

The golden parachute is a compensation agreement between a firm and its senior managers. The firm promises a very lucrative amount of money if the senior managers leave the firm if there's a change of control.

There are also post offer takeover defense. They include:

A. The crown jewel - in a crown jewel the firm sells off a subsidiary or an asset to a third party in an effort to mitigate the hostile take over.

B. Greenmail - the target buys its shares back from the acquiring company at a price higher than the market price. This is done with an agreement that the acquirer leaves the target company. It is a form of payoff by the target company.

5 0
2 years ago
Interest rates on 4-year Treasury securities are currently 5.8%, while 6-year Treasury securities yield 7.95%. If the pure expec
Hoochie [10]

Answer:

2 year yield 4 years from now = 11.0%

Explanation:

2 year yield 4 years from now = [ ( 1 + 0.0795)^6 / ( 1 + 0.058)4]1/2 - 1

2 year yield 4 years from now = [ 1.50073 / 1.286466]1/2 - 1

2 year yield 4 years from now = 1.011 - 1

2 year yield 4 years from now = 11.0%

7 0
3 years ago
An economy produces 1,000,000 computers valued at $2,000 each. Households purchase 200,000 computers, of which 100,000 are impor
Irina18 [472]

Answer:

$800 million

Explanation:

GDP = consumption (C) + investment (I) + government spending (G) + Net Export (NX)

Y = C + I + G + NX

The number of computers left is

= 1,000,000 - 200,000 (household) - 300,000 (businesses) - 300,000 (government) - 100,000 (Foreign)

= 100,000

This worth 100,000 × $2,000 = 200 million

                  300,000 computers × $2,000 = 600 million

Total of these two = 200 + 600 million

                              = 800 million

Therefore, the value of the investment component of GDP is $800 million.

7 0
3 years ago
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