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3 years ago

12

A seller (or provider) of goods or services to a business organization, usually a manufacturer or wholesaler, is known as a:

1 answer:

Hatshy [7]3 years ago

5 0

He is known as a VENDOR. A vendor is a part of the supply chain, he makes goods and services available to companies and consumers. Companies typically provide a vendor with purchase order which clearly states the products that the company wants to buy, the number of units needed, the price, the delivery date and other specifics.

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Rida, Inc., a manufacturer in a seasonal industry, is preparing its direct materials budget for the second quarter. It plans pro

Ksivusya [100]

Answer:

Purchases (in pounds)= 92,550

Total cost= $16,936,650

Explanation:

Giving the following information:

Budgeted production:

2nd quarter= 248,000 units

3rd quarter= 60,500 units

Beginning inventory= 74,400 pounds

Each unit requires 0.60 pounds of raw material

Buying price= $183 per pound.

Desired ending inventory= 50% of next quarter’s budgeted materials.

To calculate the budgeted purchase of raw materials, we need to use the following formula:

Purchases= sales + desired ending inventory - beginning inventory

Purchases (in pounds)= (248,000*0.6) + (60,500*0.6)*0.5 - 74,400

Purchases (in pounds)= 148,800 + 18,150 - 74,400

Purchases (in pounds)= 92,550

Total cost= 92,550*183= $16,936,650

4 0

3 years ago

Alpha Company manufactures Product P and sells it in packs of 10 units. The actual results for the first week in January are as

kaheart [24]

Answer: $67500$

The right solution is "13,675 U".

Explanation:

According to the question,

The standard material cost will be:

= $25000\times (\frac{90000}{30000} )\times 0.90$

= $25000\times 30000\times 0.90$

= $67,500$

The actual material cost will be:

= $95500\times 0.85$

= $81,175$

hence,

The total material price variance will be:

= $Actual \ cost - Standard \ cost$

= $81175-67500$

= $ $13,675$ (Unfavorable)

3 0

3 years ago

FREIND MEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Svetradugi [14.3K]

Answer:

okie

Explanation:

4 0

3 years ago

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Josie wants to develop genetically altered plants to help increase plants’ growth and resilience. Which level of education would

Verdich [7]

A master’s degree....

6 0

3 years ago

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Radek Company estimates its uncollectible accounts by aging its accounts receivable and applying percentages to various aged cat

stepladder [879]

Answer:

the bad debt expense that reported in the income statement is $2,300

Explanation:

The computation of the bad debt expense that reported in the income statement is as follows;

= Total estimated uncollectible accounts - unused balance

= $3,200 - $900

= $2,300

Hence, the bad debt expense that reported in the income statement is $2,300

7 0

3 years ago