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Aloiza [94]
2 years ago
6

7 pounds of raw material are required to make 1 finished unit. The company desires an ending raw materials inventory for each mo

nth equal to 29% of the following months production (in units of raw material) . How many pounds of raw material should be purchased in May?
Business
1 answer:
timurjin [86]2 years ago
7 0

Answer:

Instructions are below.

Explanation:

We weren't provided with enough information to answer the request. <u>But, I will give an example and formulas to guide an answer.</u>

<u>For example:</u>

Production in units:

May=20,000

June= 22,000

Beginning inventory of direct materials= 8,000

<u>To calculate the purchase for May, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 20,000*7 + (22,000*7)*0.29 - 8,000

Purchases= 176,660 pounds

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The project manager has concerns about the software developer's project work in terms of quality and has spoken to the developer
Katen [24]

Available Options Are:

(A) Both focus on management responsibility, fulfillment of requirements, continuous improvement, prevention over inspection, and product excellence

(B) Both focus on management responsibility, continuous improvement, prevention over inspection, and customer satisfaction

(C) Both focus on management responsibility, fulfillment of requirements, continuous improvement, prevention over inspection, and customer satisfaction

(D) Both focus on management responsibility, continuous improvement, prevention over inspection, and product excellence

Answer:

Option B. Both focus on management responsibility, continuous improvement, prevention over inspection, and customer satisfaction

Explanation:

The quality management and the project management both are management study. Secondly, both of these focus on the improving the project quality and making it better in the every next step. Both management techniques prefer mistake prevention techniques over the continuous prevention which cost lower. These three things were common in all of the option above and are written in bold letters.

Option A is incorrect because fulfillment of requirements and product excellence is not part of project management though it is part of quality management.

Option B is correct because both project management and quality management says that customer satisfaction comes from quality output.

Option C is incorrect because fulfillment of requirements is not part of project management though it is part of quality management.

Option D is incorrect because product excellence is not part of project management though it is part of quality management.

8 0
3 years ago
Bruce Corporation makes four products in a single facility. These products have the following unit product costs:
VladimirAG [237]

Answer:

The correct answer is option (D).

Explanation:

According to the scenario, computation of the given data are as follows:

Variable cost = Direct material + Direct labor + Variable manufacturing overhead + Variable selling cost per unit

Variable cost of product A =    $17.30 + $19.30 + $6.10 + $3.05 = $45.75

Variable cost of product B =   $21.20 + $22.70 + $7.30 + $3.75 = $54.95

Variable cost of product C =   $14.20 + $17.10 + $9.80 + $4.50 = $45.60

Variable cost of product D =   $16.90 + $11.10 + $6.80 + $5.20 = $40

Contribution per unit (CPU) = selling price per unit – variable cost  

Product A CPU = $87.20 - $45.75 = $41.45

Product B CPU = $79.60 - $54.95 = $24.65

Product C CPU = $76.40 - $45.60 = $30.8

Product D CPU = $71.10 - $40 = $31.10

Contribution per grinding minutes (CPGM)  = CPU ÷ contribution per grinding minutes

CPGM of Product A = $41.45 ÷ 2.30 = $18.02

CPGM of Product B = $24.65 ÷ 1.35 = $18.26

CPGM of Product C = $30.8 ÷ 0.90 = $34.22

CPGM of Product D = $31.10 ÷ 1.20 = $25.92

According to the analysis, Product C makes the most profitable use of grinding machine. Because it’s give the highest contribution per grinding minutes.

7 0
2 years ago
under a fractional reserve banking system the amount of money loaned out can only increase if what happens
Bogdan [553]

Answer:

<em>The Required Reserve Ratio Is Lowered</em>

hope it helps:)

3 0
3 years ago
Emphasizing personal selling rather than mass media advertising is an example of a __________ strategy.
Ronch [10]

Answer: personal selling rather than mass media advertising in the promotional mix  the firm is using a Standardized strategy

Explanation:

Hope this helps <3

4 0
3 years ago
When a competitive market comes under the control of a monopoly, the quantity and price change from:
Katena32 [7]

Answer:

  • Quantity from E to D.
  • Price from B to A

Explanation:

Firms maximise their profit by supplying at the point where marginal revenue equals marginal cost.

In a Perfect competition, the Demand curve is also the Average revenue as well as the Marginal Revenue curve. As such, the company will sell where the marginal cost curve intersects with the Demand curve which was at point E. The price will therefore be at point B.

When the firm comes under a monopoly, it will start to supply as a monopoly does. In the Monopoly, the Marginal revenue curve is less than the demand curve and so the point where the MC curve intersects with the MR curve is the quantity they will supply at. That point is D. The price will be where this quantity intersects the demand curve which is at point A

5 0
3 years ago
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