1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ad-work [718]
3 years ago
11

Sleep Master, Inc. manufactures bedding sets. The budgeted production is for 57,000 comforters in 2017. Each comforter requires

6 yards of material. The estimated January 1, 2017, beginning inventory is 31,000 yards. The desired ending balance is 27,000 yards of material. If the material costs $1.50 per yard, determine the materials budget for 201
Business
1 answer:
stiv31 [10]3 years ago
4 0

Answer:

Total cost= $507,000

Explanation:

Giving the following information:

The budgeted production is for 57,000 comforters in 2017. Each comforter requires 6 yards of material. The estimated January 1, 2017, beginning inventory is 31,000 yards. The desired ending balance is 27,000 yards of material. If the material costs $1.50 per yard, determine the materials budget for 201.

Material budget:

Production= 57,000*6= 342,000 yards

Ending inventory= 27,000

Beginning inventory= (31,000)

Total= 338,000

Total cost= 338,000*1.5= $507,000

You might be interested in
Understand the general arguments made in sections 1, 2, and 7 of Kraut's "Aristotle on Becoming Good" and consider how these ide
lions [1.4K]

Answer:

Aristotle argues that what differentiates human beings from other animals is the human reason.

Explanation:

"Good life" can be seen as the one in which a person understand and exercise their rational faculties. The word "good" can be used to show moral approval. Therefore, for someone to be called good, they must have possessed and practiced many important virtues and not pursuing their own pleasure all the time.

According to Aristotle, happiness consists in achieving all the goods like health, wealth, knowledge, friends etc throughout a lifetime. He sees happiness as the central purpose of human life.

Aristotle believes that the highest good is a solitary nucleus which all other goods are acted upon and this highest good is happiness.

4 0
3 years ago
From the following information, construct a simple income statement and a balance sheet:
yaroslaw [1]

Answer and Explanation:

The Preparation of the simple income statement and a balance sheet is shown below:-

                                   Corporation X

                                  Income Statement

                                 for the Year Ended xxxx

Particulars                                        Amount

Sales                                                $1,000,000

Less: Cost of goods sold               $500,000

Gross profit                                      $500,000

Less: Other expenses                     $60,000

EBIT                                                  $440,000

Less: Interest                                   $70,000

EBT                                                   $370,000

Less: Income tax                              $100,000

Net income                                       $270,000

Number of shares outstanding       $80,000

Earning per share                             $3.375

(Net income ÷ Number of shares outstanding)

                                   Corporation X

                                  Income Statement

                                 for the Year Ended xxxx

Particulars                                        Amount

Assets

Cash                                                $70,000

Accounts Receivable                     $150,000

Inventory

Raw Material                                   $80,000

Finished Goods                              $250,000

Total Current Assets                      $550,000

Plant & Equipment                          $410,000

Total Assets                                    $960,000

Liabilities

Accounts Payable                          $160,000

Other Current Liabilities                 $60,000

Total Current Liabilities                  $220,000

Long term Debt                              $200,000

Equity                                              $540,000

Total Liabilities & Equity                 $960,000

6 0
3 years ago
Parking spaces in multiunit buildings, water rights, and similar things of value that convey with property are classified as
mestny [16]

Parking spaces in multiunit buildings, water rights, and similar things of value that convey with property are classified as Appurtenances.

<h3>What Is Appurtenance?</h3>

In real estate, an appurtenance is something that is installed in or sits on a property. It is something that is considered a part of the property, is sold with the property, and it is passed on to the new owners.

When we talk about appurtenances we are often talking about things that run with the land. Appurtenance originates from the word 'appertain,' which means to relate to, be appropriate, or applicable.

Before defining appurtenance,

<h3>What is Real Property ?</h3>

In real estate, real property is defined as immovable or fixed property, any property attached to the land and even the land itself. This also includes permanent fixtures within the property, that are not personal property and easily moved.

Some common examples:  

  • Exterior buildings (e.g., barn, shed)
  • a fence.
  • Inground pools.
  • hot water heater.
  • Ceiling fans.
  • Window blinds (if installed).
  • Fixtures (excluding trade fixtures).
  • Cabinetry.
  • Furnace.
  • Existing crops.
  • Oil or mineral rights.
  • A shared driveway (with attached easement appurtenant).
  • a tree.
  • Water rights (given to an adjoining property).
  • in-ground swimming pools.
  • Easements.

Appurtenances are important to understand as they can have an effect on landlord and tenant relations as well as that between buyer and seller.

Learn more about Easement Appurtenances on:

brainly.com/question/15725702

#SPJ4

6 0
2 years ago
If a business has both the focus and ability to maximize profits for shareholders, but also seeks after a broader mission withou
Viktor [21]

Answer:

The correct answer is (c)

Explanation:

Business Corporation is a separate business entity that is controlled by elected group members know as the board of directors. They are responsible for business activities and they usually seek for long term profits. This separate entity is controlled by shareholders. Overall, they aim for a broader mission without maximising shareholders profit. Business corporations usually reinvest dividends and profits to improve and expand.

7 0
3 years ago
What item should you look for when adjusting your check register?
Varvara68 [4.7K]

Answer:

The payment and the Deposit

Explanation:

The check register is adjusted using the item: payment and the Deposit and from the point of view of the bank statement the item is the withdrawal and deposit.

8 0
3 years ago
Read 2 more answers
Other questions:
  • I ADDED 50 EXTRA POINTS!!!
    6·1 answer
  • ACES is a quality auditing firm. It has dedicated a team of managers, business analysts, and system analysts to develop an infor
    9·1 answer
  • The following data reflects the number of defects produced on a assembly line at the Deerfield electronics company for the past
    10·1 answer
  • Brenda has been offered choices when selecting her benefits. She knows she wants health insurance, is unsure of vision insurance
    14·1 answer
  • ​Mcleod, Inc. incurred fixed costs of $ 400 comma 000. Total​ costs, both fixed and​ variable, are $ 450 comma 000 when 59 comma
    7·1 answer
  • The following expenditures are made during the current year: January 1, $30,000; July 1, $290,000; September 1, $800,000; and De
    10·1 answer
  • Suppose the total deposits in the Last Bank of Commerce are $100,000, and $20,000 of the total deposit is set aside as reserves
    12·1 answer
  • Being Human, Inc., recently issued new securities to finance a new TV show. The project cost $14.1 million, and the company paid
    12·1 answer
  • One negative consequence of using automation to improve manufacturing production is that:
    8·1 answer
  • If total revenue rises as a result of a decrease in the price of a given good, it follows that demand is
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!