Answer:
Purchases= 408,000 pounds 
Explanation:
Giving the following information: 
Production:
2nd Q= 99,000 units
3rd= 109,000 units
Four pounds of material A are required for each unit produced. 
Desired ending inventory= 30% of the next quarter's production
<u>To calculate the purchases for the second quarter, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= (99,000*4) + (109,000*4)*0.3 - (99,000*4)*0.3
Purchases= 396,000 + 130,800 - 118,800
Purchases= 408,000 pounds 
 
        
             
        
        
        
Answer:
The individual is able to get to a lower level of utility
Explanation:
 
        
                    
             
        
        
        
Answer:
50,490 units
Explanation:
The computation of the number of units the company should produced is shown below:
= Expected sales units + ending inventory units - opening inventory units 
where, 
Opening inventory units is 1,350 units 
Expected sales units is 
= $27,000 + $27,000 × 60%
= $27,000 + $16,200
= 43,200 units 
The ending inventory units is
= $43,200 × 20%
= 8,640 units 
So, the units to be produced is 
= 43,200 units + 8,640 units - 1,350 units
= 50,490 units
 
        
             
        
        
        
Answer and Explanation:
The journal entries are shown below:
1  Equipment   $53,420
      To Cash  $53,420
(Being the equipment is purchased for cash is recorded)
The computation is given below:
= Cash price of machine + sales tax + shipping cost + insurance during shipping + installation and testing cost 
= $49,500 + $3,650 + $100 + $60 + $110
=  $53,420
2. Depreciation expense $9,614
       To Accumulated Depreciation - Equipment  $9,614
(Being the depreciation expense is recorded)
The computation is shown below:
= ($53,420 - $5,350) ÷ ( 5 years)
= $9,614
 
        
             
        
        
        
Answer:
Marketing only occurs when two or more parties are willing to exchange one thing for another thing.
Explanation:
It is understood that marketing only occurs when two or more parties are willing to exchange one thing for another thing.