1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vikentia [17]
3 years ago
6

Production estimates for August for Jay Company are as follows:

Business
1 answer:
dimaraw [331]3 years ago
4 0

Answer:

c.$1,080,000 for A; $648,000 for B

Explanation:

For computing the total direct material purchase first we have to find out the production units which are shown below:

As we know that

Production units = Ending inventory units + sales units - beginning inventory units

= 9,000 units + 75,000 units - 12,000 units

= 72,000 units

Now the total direct material purchase for Material A and Material B is

For Material A

= 72,000 units × 3 lbs × $5 per lb

= $1,080,000

For Material B

= 72,000 units × 0.5 lbs × $18 per lb

= $648,000

Therefore, the third option is correct

You might be interested in
It is of utmost importance that the recruitment, screening, orientation, training, evaluation, and retention of crisis workers d
svp [43]

Answer:

The answer is options A) and B)

A) learning the basic communication skills of the residents of the areas they are serving:

B) a multicultural clientele.

Explanation:

In crisis periods like the one we are currently experiencing as a result of the Covid-19 Pandemic, It is of utmost importance that the recruitment, screening, orientation, training, evaluation, and retention of crisis workers deal with the reality of:

A) learning the basic communication skills of the residents of the areas they are serving: this procedure takes place during the orientation, training and evaluation stage.

B) a multicultural clientele: The accurate knowledge of multi-cultural clientele guides the order of recruitment in the sense that, workers are properly assigned to the area that matches their experience, skill set and cultural inclination.

8 0
3 years ago
If you walk into a(n) __________, you will likely find a broad variety of merchandise, deep assortment, and customer service, wi
Naily [24]

Answer:

department store

Explanation:

A department store is a type of retailer that offers a wide range of diverse products. Each product group is classified into a department, thus the name "department store". When customers buy products, they usually check out near the exit of the whole department store, although there are some check-out counters in each department. Also, customer service is always present, mostly in the form of numerous sales clerks providing a helping hand.

They can include almost any range of products: toiletries, furniture, home decor, clothes, toys, hardware... Some famous examples are: Le Bon Marché in Paris, Selfridges in the UK, Macy's in the USA...

On the other hand, a <em>discount store</em> usually offers a broad product range, low prices, but little to none customer service. <em>Specialty stores</em> have a narrow target group as they offer a limited assortment.

5 0
3 years ago
The goal of channels of distribution is to move products from producers to
Delvig [45]

Answer:

Final consumers

Explanation:

The goal of channels of distribution is to move products from producers to final consumers, that is, by bridging the gap between the producer and the consumer by bringing the product or service to the final buyer or consumer. Products and services may go through channel members known as intermediaries which include wholesalers, retailers, distributors.

7 0
3 years ago
Normal and inferior goods are differently impacted by recessions. Examples include new cars versus fast food. The textbook examp
Darina [25.2K]

Answer:

research four other examples of inferior goods.

There are many examples of inferior goods. Inferior goods are al those goods whose demand rises in times of economic recession. Some examples are:

Cheap food substitutes like supermarket coffee, instantaneous ramen, or canned vegetables.

Cheap clothes.

Flights in low-cost airlines.

Consider the impact of economic recessions and expansions on normal goods.

Economic recessions impact normal goods negatively because people have less income to spend, and they opt to substitute the normal goods for inferior goods.

discuss how revenues of inferior goods producers are expected to be affected by economic recessions and expansions.

In economic recessions, revenues for producers of inferior goods are expected to rise because demand for inferior goods grows. However, because inferior goods are precisely cheaper, this does not necessarily mean that every inferior good producer will make a lot of money.

In economic expansions, revenues for producers of inferior goods will fall, because people, with more income, will flock to normal goods or even luxury goods.

5 0
3 years ago
The U.S. Department of Agriculture guarantees dairy producers that they will receive at least $1.00 per pound of butter they sup
Tamiku [17]

Answer:

a) he equilibrum quantity is 95 million pounds of butter and the equilbrum price is $1.20 per pound. At this level, both demand and supply is 95 million.

b) 0 or no surplus.

Explanation:

The question is in three parts

a) a. In the butter market, the monthly equilibrium quantity is million pounds and the equilibrium price is $ per pound

The equilibrum price and quantity refers to that point in sales where the quantity demanded = the quantity supplied.

Looking at the schedule, the equilibrum quantity is 95 million pounds of butter and the equilbrum price is $1.20 per pound. At this level, both demand and supply is 95 million.

b) What is the monthly surplus created in the wholesale butter market due to the price support (price floor) program?

First, what is the price floor fixed by the government = $1.00 per pound and at this rate, the demanded quantity is 101 million and the quantity supplied is 79 million pounds.

Hence, the monthly surplus = 79 million pounds - 101 million pounds = -22 million pounds

At this price, there is no surplus

7 0
3 years ago
Other questions:
  • Carson Electronics uses 58 percent common stock and 42 percent debt to finance its operations. The aftertax cost of debt is 5.4
    12·1 answer
  • Ormondo inherited $7,000. He would like to invest all the money to use for his daughter's college in 10 years. If he invests $7,
    12·1 answer
  • A dairy producer has determined that almost all grocery consumers are potential customers for its products. Which type of market
    10·1 answer
  • According to max weber, ideal bureaucracies are characterized by a chain of command in which authority flows from top to bottom.
    15·1 answer
  • In 1990 a person is 15 years old. in 1995, the same person is 10 year old. how can this be
    12·2 answers
  • What is the maturity date of a loan for $4,000 at 15% exact interest taken out on June 7? The amount of interest on the loan was
    14·1 answer
  • An advantage of obtaining long-term funds by issuing additional stock, instead of issuing bonds is? Multiple Choice 01:22:21 - O
    7·1 answer
  • Neoclassical economics and behavioral economics are similar in the assumption that people are capable of making accurate, someti
    12·1 answer
  • Bradshaw Company provided the following data: Standard fixed overhead rate (SFOR) $5 per direct labor hour Actual fixed overhead
    9·1 answer
  • Even as it begins to produce the Mirai for the U.S. market, Toyota continues to manufacture its traditionally fueled cars, truck
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!