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Scorpion4ik [409]
3 years ago
15

Bengal Co. provides the following...Bengal Co. provides the following sales forecast for the next three months: JulyAugustSeptem

berSales units 9,500 10,200 6,050 The company wants to end each month with ending finished goods inventory equal to 30% of the next month's sales. Finished goods inventory on June 30 is 2,850 units. The budgeted production units for August are__________
Business
1 answer:
svetoff [14.1K]3 years ago
7 0

Answer:

8,955 units

Explanation:

Given that,

Sales in July = 9,500

Sales in August = 10,200

Sales in September = 6,050

Ending finished goods inventory = 30% of the next month's sale

Budgeted production units for August:

= Sales + Closing inventory - Opening inventory

= Sales + (30% of September sales) - (30% of August sales)

= 10,200 + (0.3 × 6,050) - (0.3 × 10,200)

= 10,200 + 1,815 - $3,060

= 8,955 units

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A company's common stock is selling in the market at a "multiple of 15". If the market price of the common stock is currently $1
Angelina_Jolie [31]

Answer:

earnings per share = $0.67

Explanation:

the earnings per share = stock price / multiple value = $10 / 15 = $0.67

When you read that a stock is selling at a multiple of X, it means that the stock price is currently X times the current earnings per share. In this case, since the stock price is $10, to calculate the EPS you must divide 10 by the multiple value.

4 0
3 years ago
During 2017, its first year of operations, Jane's Bakery had revenues of $130,000 and expenses of $66,000. Retained earnings at
Phantasy [73]

Answer:

$28,000

Explanation:

Ending retained earnings = beginning retained earning + current earnings - dividends paid out.

for Jane's Bakery,

Beginning retained earning 0,

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earnings = revenues - expenses

earnings = $130,000 - $ 66,000

=64,000

ending retained earnings = 0+$64,000- $36,000

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5 0
3 years ago
A simple supply curve shows that an increase in the price of a good will cause the quantity supplied to:
Sati [7]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Decrease.

b) Increase.

c) Remain constant.

d) Fluctuate randomly around its equilibrium value.

And the correct answer is the option B: Increase.

Explanation:

To begin with, in the microeconomics theory the supply curve is known for being the one who shows what quantity will be supplied by the offerents given a particular amount of price that is already establish by the interaction between the forces of the market given a perfect competitive market as an example. So in that graphic the supply curve will always have a positive slope and that is due to the law of supply that establishes that there is a direct relationship between the price a good and its supply, so that means that if the price a good increases its quantity supplied will increase as well with it.

5 0
3 years ago
A producer of mobile aerial work platforms rewards employees for the number of basic skills they can perform rather than for the
evablogger [386]
The company uses skill-based pay. The skill-based pay is the most widely-implemented salary system, in which the salary is defined based the knowledge, experience, education or specialized training of the employee. <span>The greater the number or depth of skills an employee acquires and applies the bigger the pay. </span>
5 0
3 years ago
Which is not a type of economy?
astraxan [27]

Answer:

agrarian economy

Explanation:

Agrarian economy is not a type of economy as there is no one single country were all its GDP is produced just by agricultural trade, the most relevant concept is <u><em>agrarian society</em></u>, and in this the society is highly dependable on agricultural products in order to derive income.

3 0
4 years ago
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