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Alex777 [14]
3 years ago
5

Bacon has budgeted sales for the first quarter of the next year to be 30,000 units. The inventory in hand at the beginning of qu

arter is 5,000 units. The desired ending inventory is 10,000 units. What is the budgeted production for the quarter?
a. 10,000 units

b. 35,000 units

c. 25,000 units

d. 40,000 units
Business
2 answers:
Stolb23 [73]3 years ago
8 0

Answer:

Option B is correct

35,000 units

Explanation:

<em>The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories.  </em>

Production = Sales volume + closing inventory - opening inventory

Production budget= 30,000 + 10,000 - 5,000

                                = 35,000 units

                             

andriy [413]3 years ago
5 0

Answer:

The budgeted production is 35000 units and option B is the correct answer.

Explanation:

The budgeted production for the quarter should be enough to meet the demand for sales for the quarter along with providing enough inventory to meet the desired level of ending inventory.

However, some of the sales for the quarter can be fulfilled using the opening inventory. Thus, we need to determine the net amount of sales that will remain uncovered after selling off the opening inventory.

Remaining sales for the quarter = Sales - Opening Inventory

Remaining sales for the quarter = 30000 - 5000 = 25000 units

The budgeted production is = 25000 + 10000 = 35000 units

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Answer:

31.47%

Explanation:

Total investment = 4000 + 3000 +9000 = $16,000

% of investment in A = 4000/16000 = 25%

% of investment in B = 3000/16000 = 18.75%

% of investment in Asset beta and risk-free asset = 100% - 25% -18.75% = 56.25%

Let the % of investment in asset with beta of 1.74 is A, % of investment in risk free asset is B.

We have the following simultaneous equations:

0.9 = (0.25 x 1.47) + (0.1875 x 0.54) + (A x 1.74) + (B x 0)

A+B = 56.25%

From the first equation, we get A = 24.78%

--> B = 56.25% - 24.78% = 31.47%

*** Note: Portfolio beta is the weighted sum of individual asset betas, according to the proportions of the investments in the portfolio

*** Note: Beta of risk free asset is 0

6 0
3 years ago
"Which of the following statements are TRUE? I New issues of Treasury Bills are generally priced at par II New issues of Treasur
Aleksandr [31]

Answer:

The remaining part of the question is:

Which of the following statements are TRUE?

I New issues of Treasury Bills are generally priced at par

II New issues of Treasury Bonds are generally priced at par, or at a slight discount to par

III New issues of Agency Bonds are generally priced at par, or at a slight discount to par

A. I only

B. III only

C. II and III only

D. I, II, III

Correct Answer:

C. II and III only

Explanation:

It is a fact that virtually all new issues of T-Bills are always sold at a discount to par value. These are original issue discount obligations, with the accrued value of the discount being the interest income earned on these securities.

<em>Treasury Bonds and Agency Bonds are issued at par or in most cases at a very slight discount to par, and make periodic interest payments.</em>

4 0
3 years ago
Jessica teaches business studies in a reputed college. As part of the curriculum, she needs to demonstrate to her students the s
nata0808 [166]

Answer:

In the first step jessica should discuss the basic and general ideas of creating business.

Explanation:

As mentioned in the question jessica teaches business studies in a college and she has to demonstrate her students the steps which would be involved in the starting of a business.

So, she has thought to demonstrate the ideas in a sequential order with proper examples and all the steps should be explained nicely.

So,here in the first step she will need to:

Start with the most basic and general idea of creation of  new business.

Here we should know why a business basic idea so important:

  • Because a proper plan will only lead to a business reality.
  • The idea will work as a blueprint in the guidance of business
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6 0
3 years ago
For shipments transported by water, in addition to the name of the shipper, which of the following must be added to the shipping
Digiron [165]

Answer:

Please see the explanation below

Explanation:

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5 0
3 years ago
. Boeing is incorporated in Seattle, Washington. It has a large facility in Huntsville, Alabama, and is considered a(n) ____ in
umka2103 [35]

Answer:

The answer is: c

Explanation:

A domestic corporation is a company that conducts business in the state or country where the company was incorporated. A foreign corporation is a company that conducts business in a state or country other than the state or country where the company was incorporated. An alien corporation is a company that conducts business in any other country other than the country where the company was incorporated. Boeing was incorporated in Seattle, Washington but conducts business in Alabama which is a different state. In Alabama, Boeing is a foreign corporation but in Washington, it is a domestic corporation.

5 0
3 years ago
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