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Nikitich [7]
3 years ago
14

The crawford company has 3,000 units in beginning finished goods. the sales budget shows expected sales to be 12,000 units. if t

he production budget shows that 14,000 units are required for production, what was the desired ending finished goods?
Business
1 answer:
Olenka [21]3 years ago
3 0
Formula: Finished Goods Inventory Beginning - Sales in units + Produced units= Ending Inventory

3000-12000+14000= 5000 Ending finished goods inventory in units
-ahnnahly
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True or false: standard rules exist to help managers identify appropriate allocation bases.
tangare [24]

False, standard rules doesn't exist to help managers identify appropriate allocation bases.

Standard Rules refers to strong moral commitments or ethics that allows smooth working of an organisation. It is basically fundamental requirements to govern an organisation. It could play a role in appropriate allocation bases but doesn't exist for it rather to keep check on principles and equality in an organisation. They are not legally binding. But, appropriate allocation bases require judgement. Managers use- the direct method or the sequential (or step) method or the reciprocal method, to develop judgements about allocation bases. Hence, the statement is false.

More on allocation of rsources brainly.com/question/5322091

#SPJ4

4 0
2 years ago
A local restaurant has promised to provide a combination of hamburger meal and hot dog meal at a local fundraiser. They have pro
Bezzdna [24]

Answer:

Minimize Z = 3x + 2y

Explanation:

Let x represent hamburger meal and let y represent hot dog meal. The objective is to minimize the total cost. The objective function will be

Z = 3x + 2y

The maximum capacity of restaurant is 200 meals while it has minimum cap for 100 meals.

6 0
3 years ago
Sands Company purchased mining rights for $500,000.
Ivanshal [37]

Answer:

b) a debit to Depletion Expense for $175,000

Explanation:

The computation of the depletion expense is shown below:

Depletion expense = (Purchase of mining rights × current year mined tons of ore) ÷ (expected harvested tons of ore)

= ($500,000 × 350,000 tons) ÷ (1,000,000 tons)

= $175,000

So the journal entry would be

Depletion Expense A/c Dr $175,000

           To Accumulated Depletion A/c $175,000

(Being the depletion expense is recorded)

5 0
3 years ago
A NASDAQ security is bid at $30.25 and offered at $30.75. An over-the-counter trader effects a trade at $30.75 and charges a com
Angelina_Jolie [31]

Answer:

$30.75

Explanation:

Given that

Security bidding = $30.25

Offered price = $30.75

over the counter trading = $30.75

Commission charged = $0.50

based on the above information, the price that shows on the tape is equivalent to the over the counter trading price i.e $30.75 also it does not include the commission charged i.e $0.50

Hence, the price is $30.75

6 0
3 years ago
Varieties of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is either hom
Tresset [83]

Answer:

Market control by a few large firms

Difficult entry

Mutual interdependence

Explanation:

In the case of oligopoly as we know that there are very little large firms and each kind of firm generates the important portion of the total output. So each market have the market control

Also the main reason behind the barrier with regard to new firm entered is the barrier for the few firms. The reasons like patents, large capital needed are some reasons that makes it difficult for entering

In addition to this, they are mutual interdependent. This implies that the one firm action would impact the other firm action and according to this, the price and the level of output would be determined

Hence, the above represent the answer

6 0
3 years ago
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