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Anestetic [448]
3 years ago
15

Teton Trails manufactures backpacks for adventurers. The backpacks come in two types: Daytripper, and Excursion. Teton anticipat

es the following production volumes:
Daytripper: 2,000 backpacks in July, 2,200 backpacks in August
Excursion: 1,200 backpacks in July, 900 backpacks in August
Teton’s policy is to maintain ending inventories at 5% of what is expected for the next month. What is the budgeted level of production in July for both styles?
A. 2,010 Daytripper backpacks and 1,185 Excursion backpacks.
B. 2,000 Daytripper backpacks and 1,200 Excursion backpacks.
C. 2,010 Daytripper backpacks and 1,185 Excursion backpacks.
D. 1,990 Daytripper backpacks and 1,215 Excursion backpacks.
Business
1 answer:
nikklg [1K]3 years ago
3 0

Answer:

The production level of Daytripper will be 2010 backpacks and the production level of Excursion will be 1185 backpacks. Thus, option C is the correct answer.

Explanation:

The production volume in July can be calculated by adding the production for July and the closing inventory in July and deducting the opening inventory in July from it.

Production level = Closing Inventory + Production - Opening Inventory

Daytripper = (2200 * 0.05) + 2000 - (2000 * 0.05)

Daytripper = 2010

Excursion = (900 * 0.05) + 1200 - (1200 * 0.05)

Excursion = 1185

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5 0
1 year ago
Corris Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Ja
Sedbober [7]

Answer:

Variable cost per unit= $1.5

Fixed costs= $2,000

Explanation:

Giving the following information:

Miles Driven Total Cost

January 10,000 $17,000

February 8,000 13,500

March 9,000 14,400

April 7,000 12,500

<u>To calculate the variable and fixed costs under the high-low method, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (17,000 - 12,500) / (10,000 - 7,000)

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Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

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5 0
3 years ago
Riley has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. His
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Answer:

B. I hope i helped!

Explanation:

7 0
3 years ago
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coldgirl [10]

Answer:

The above statement is false.

Explanation:

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Partnership: It is a form of business in which minimum 2 person come together to form a partnership firm. They share profit and loss as agreed between them. They have a partnership deed . Every partner have unlimited liability .

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6 0
3 years ago
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Answer:

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Explanation:

9.63 According to USA TODAY research, the average personal debt (such as loans on cars, credit cards, and so forth) per household in the United States was $17,989 in 2004 (USA TODAY October 4, 2004). A recent random sample of 75 households from New Hampshire yielded a mean personal debt of $16,450 with a standard deviation of $4650. Using the 2% significance level, can you conclude that the current nean personal debt for all households in New Hampshire is different from $17,989? Use both the p-value approach and the critical-value approach.

5 0
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