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
AVprozaik [17]
3 years ago
15

Beginning Raw Materials Inventory $40,000 Materials purchased $65,000 Ending Raw Materials Inventory $30,000 What is the amount

of Raw Materials Used?
Business
1 answer:
Alex_Xolod [135]3 years ago
8 0

Answer:

$75000

Explanation: Raw mateirals can be defined as the basic material from which product is manufactured. These are the materials used in the primary stage of production process.

.

Raw material used is the amount of raw material consumed or used by the entity in the specific period, generally, one year.

.

raw material used = begining raw material + raw material            purchased - ending raw material

therefore,

raw material used = $40,000 + $65,000 - $30,000

                              = $75,000

You might be interested in
The purpose of a PERT network is: to monitor the quality of a product for compliance with ISO 9000 standards. to monitor the pro
aliina [53]

Answer:

The correct answer is the second option: to monitor the progress of a multi-step project during its development.

Explanation:

To begin with, a <em>"Program Evaluation and Reviews Techniques"</em> or PERT as it name indicates it refers to an stadistic technique by which the companies can follow the process of certain projects that they are having currently. Moreover, its main purpose is to manage and analyze the steps that a project has in order to make them less susceptible to errors. In addition to that, its main factor to observe is the time during the steps of the project. Nowadays is very common to use a tool like this in major companies.

4 0
3 years ago
In which transaction cycle would customer sales transaction information be most likely to pass between internal and external acc
dlinn [17]
A. the revenue cycle

5 0
4 years ago
_________are places that sell merchandise from a single manufacturer, usually at lower prices than other retailers.
Furkat [3]
Whole sailers sells at lower prices
8 0
3 years ago
Read 2 more answers
2.Think of two investment opportunities and compare them to each other. Give a brief outline of what they are, how they work, an
Eddi Din [679]
So lets say we have two investment opportunities. A new convenient store in your neighborhood or a new shopping center more than 5 miles away from where you live... What would you invest in well lets look at the pros and cons of each investment. So even though the new convenient store is right around the corner from you and prices are low the new shopping center has better products, warranty and higher prices unlike the convenient store closer to you. So we have an investment budget of $1000 dollars and want to spend it wisely we need to access what has a better chance of being successful with what you put into it. So the convenient store will reach less people has a bargain price but also doesn't have security cameras. Even though the shopping center has great employees, top-of-the-line products, high security, and a great establishment but also has flaws. What are you gonna invest in,  will you take risks? My personal opinion is that I would invest in the shopping center because more people would be attracted to it because of the quality of service and products. So it would have a better probability in success and good use of my money. 
4 0
3 years ago
Cash flows from investing do not include cash flows from: Multiple Choice lending money to another corporation. the sale of equi
Nuetrik [128]

Cash flows from investing do not include cash flows from : Borrowing.

<h3><u>Explanation:</u></h3>

The cash flows either inward or outward of any company refers to the Cash flow from investing activities. The long term usage of cash will be considered under this. The investing activities includes the following such as purchasing a fixed asset, selling a fixed asset. These assets includes any property, plants, equipment,etc.

The cash flows are associated with the generation or spending of amount in the investing activities. This is a section that is included in the cash flow statement of an organisation. Thus, the cash flows for investing activities will not include the cash flows from Borrowing.

7 0
3 years ago
Read 2 more answers
Other questions:
  • EB11.
    8·1 answer
  • Appropriation to retained earning is
    15·2 answers
  • Gomez runs a small pottery firm. He hires one helper at $12,000 per year, pays annual rent of $5,000 for his shop, and spends $2
    15·1 answer
  • If the economy is at equilibrium above potential output, there is a(n) _____ gap, and _____ fiscal policy is appropriate
    7·1 answer
  • Which of the following is an advantage of the corporate form of business when compared to sole proprietorships and partnerships?
    5·1 answer
  • Mr. jackson borrowed money from his bank and on his life insurance to start a business. his interest rate on the bank loan was 1
    5·1 answer
  • Mill Corporation had the following unit costs for the recently concluded calendar year: Variable Fixed Manufacturing $8.00 $3.00
    11·1 answer
  • Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $300. Annual fixed co
    12·1 answer
  • Practices and processes that encourage the use of external as well as internal ideas in order to create new products and service
    13·1 answer
  • Why do you think organizations tend to focus on the creation of one type of value but not both?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!