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White raven [17]
3 years ago
8

If there were 60,000 pounds of raw materials on hand on January 1, 120,000 pounds are desired for inventory at January 31, and 4

10,000 pounds are required for January production, how many pounds of raw materials should be purchased in January?
a) 470,000 pounds
b) 350,000 pounds
c) 530,000 pounds
d) 290,000 pounds
Business
1 answer:
Lina20 [59]3 years ago
5 0

Answer:

b) 350,000 pounds

Explanation:

The computation of the number of pounds purchased is shown below:

= Required production in January month + ending inventory in pounds - beginning inventory in pounds

= 410,000 pounds + 120,000 pounds - 60,000 pounds

= 350,000 pounds

We simply added the ending inventory and deduct the beginning inventory to the required production so that the accurate amount can come

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Answer:

Brand Competition

Explanation:

Brand Competition arises when two or more different companies offer a similar product, under a different brand. The products are similar, but not fully substitutes: they can be distinguished in some way: quality, features, price, and so on.

In this case, what makes the Ford Mustang and the Audi R8 is the price. The Ford brand is significantly cheaper than the Audi brand, which might give Ford the upper hand in market share. However, this is not always the case because the Audi car could have the upper hand when it comes to quality, and obtain more marke share because of that.

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Place each of the folowing transactions in one of the four components of expenditures:a. Boeing sells an airplane to the Air For
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Answer:

Boeing sells an airplane to the Air Force is purchases by the Government

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Boeing sells an airplane to the Air France is net exports

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Purchases by Government represent goods and services bought by Federal,State or Local tier of Government and Air Force is part of the Government

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Net export exports relate to worth of goods and services provided to other nations less the value of such goods and services the foreign nations provided to ours.Since the sale to a foreign company,it is ultimately a net exports taking import as zero.

Consumption refers to sale of goods and services to private individuals intended for private use.

Building up stock for sale next year is an investment in inventory.

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When the price of chai tea lattés is $5, maxine buys 20 per month. when the price is $4, she buys 30 per month. maxine's demand
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Answer:

b. elastic, and her demand curve would be relatively flat.

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he elasticity of demand is a term that describes the degree of responsiveness of demand due to changes in price. Elastic demand is when demand for a good or service is sensitive to changes in price. A small change in price results in a significant change in the quantity demanded.

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