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Hunter-Best [27]
3 years ago
14

When preparing a merchandise purchases budget, the required purchases in units equals: Select one: a. budgeted unit sales + begi

nning merchandise inventory + desired merchandise ending inventory. b. budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory. c. budgeted unit sales - beginning merchandise inventory - desired merchandise ending inventory. d. budgeted unit sales + beginning merchandise inventory - desired merchandise ending inventory.
Business
1 answer:
miskamm [114]3 years ago
8 0

Answer:

b. Budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory.

Explanation:

Since, the total purchases in units means the number of units that the company needs to buy after maintaining the necessary closing inventory to meet the budgeted sales. The total units required should therefore be equal to the total of the budgeted sales units and the units for the closing of inventory.

Also, if the opening inventory exists out of the total units required, then that number of merchandise does not need to be purchased as it already exists.

Therefore to reach the required purchase unit we need to add budgeted unit sales and desired merchandise ending inventory and deduct the beginning merchandise inventory.

So, the correct option is b.

You might be interested in
Emerging markets are _______. Question 1 options: A. developing economies where goods and services are directly exchanged for ot
sergey [27]

Answer:

C. low-income countries characterized by limited industrialization and stagnant economies

Explanation:

Emerging markets are economies of developing countries. They are traditional economies based on the export of raw material and subsistence agriculture. Emerging markets are trying to move away from these types of economies by investing in manufacturing and adopting mixed economy models.  Emerging markets are transitioning from low income and less developed to industrialized economies with higher standards of living.

Lower than average per capita income characterizes emerging markets. They also experience moderate economic growth compared to the developed economy.  However,  emerging markets are presenting investors with an opportunity for high returns due to their rapid growth.  

6 0
3 years ago
Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear.
irakobra [83]

Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear ​increases.

If demand is elastic (price elasticity > 1), price and total sales are negatively related. In other words, an increase in price leads to a decrease in total sales.

Revenue is the amount of money generated WITHOUT subtracting the costs of business. In economics, the total sales test is a means of determining whether demand is elastic or inelastic. If an increase in price leads to an increase in total sales, demand is said to be inelastic because the increase in price does not significantly affect the quantity demanded.

Learn more about revenue at

brainly.com/question/16232387

#SPJ4

5 0
2 years ago
1) Illustrate how the type of work that he or she does influences a person's lifestyle. For example, contrast a farmer, a factor
steposvetlana [31]

Answer:1)The type of one job influences his lifestyle

2)No

3) value of self services in an economy includes improved customer services,more convenient , reduced overhead cost, customer satisfaction, increase productivity.

Explanation:Type of job tells a lot about people lifestyle,eg a person who spend very long hours at work hardly have adequate rest and social life.

Contrasting between farmers, school teacher and factory worker,the factory workers are semi skilled,teachers skilled and farmer could be non skilled ,the school teacher schedule is always fixed 8am to 4pm for instance so they are more organized,they are mostly in formal attire while a factory worker run shifts and may be see in safety boots and overall and may have little or erratic schedules .the farmer on the other hand has no schedule ,has relaxed routine,wear casuals and not necessarily tidy,does things when willed as most are self employed.

Even in their eating habits,farmers eat more of fresh food,while teachers eat processed foods and factory workers are more likely to eat junks or snacks.

While a school teacher may be seen with books ,a factory worker may be seen with machines and equipment and farmers with tools ,tractors etc

2)An economy can only thrive on goods and services,as both are needed for survival,a service person need commodities like foods,clothes etc to survive while a good traders cannot do without services like transportation,banking etc

3)the value of self service include overhead cost reduction,self service involves customer serving themselves with limited involvement of a third party or vendor e.g payment at pos at gas station, uses of ATM for cash withdrawal etc.

The organization uses less resources like staff,PCs to run self service this fund can be invested in other areas.

Increase customer service occurs as a result of self service , customer can do their trasaction at their pace and convenience.

4 0
3 years ago
Blossom Company lends Blue Spruce industries $61200 on August 1, 2022, accepting a 9-month, 12% interest note. If Blossom Compan
Svetlanka [38]

Answer:

Dr interest expense   $2448

Dr interest payable    $3060

Dr Notes payable      $61,200

Cr cash($2448 +$3060 +$61,200)                 $ 66,708.00  

Explanation:

The interest accrued at 31st December 2022 is interest for 5 months which is calculated thus:

interest as at 31st December=5/12*12%*61,200=$3060

On that interest expense would have been debited while interest payable is credited with $3060

On the due date, interest for another months need to computed as follows:

interest for four months=4/12*12%*61,200=$2448

8 0
3 years ago
Suppose a carton of hockey pucks sell in Canada for 105 Canadian dollars, and 1 Canadian dollar equals 0.71 U.S. dollars. If pur
bija089 [108]

Answer:

The price of Hockey Pucks in the United States is 74.55 U.S dollars.

Explanation:

Purchasing Power Parity (PPP) is said to hold when two currencies are in equilibrium (at par), and it is an economic theory that compares different currencies through an approach known as 'basket of goods approach'.

A PPP is said to exist when the same unit of good is priced the same in two different countries, taking into consideration the exchange rate of both currencies. PPP rates are considered more accurate measures than market exchange rates, because market exchange rates are influenced by several factors such as government intervention, different interest rates, speculation trading and edging.

PPP are also quite difficult to determine because of differences in purchasing habits, unequal qualities of the goods in the countries and differences in each country's economy, but once PPP is determined, it remains relatively constant over a long run.

Mathematically PPP is calculated as;

S=\frac{P_1}{P_2} where;

S = exchange rate of currency 1 to currency 2 =

P₁ = cost of good X in currency 1

P₂ = cost of good X in currency 2

currency 1 = Canadian dollars

Currency 2 = U.S dollars

S = currency 1 : currency 2 = 1 : 0.71 = 1.4085

P₁ = 105 Canadian dollars

P₂ = ???

∴ S=\frac{P_1}{P_2}

P_2=\frac{P_1}{S}

P₂ = \frac{105}{1.4085} \\ = 74.55 U.S dollars.

3 0
3 years ago
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