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alex41 [277]
3 years ago
14

Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year: Septembe

r $800,000 October $920,000 November $840,000 December $760,000At Adi, 30% of raw materials purchases are normally paid for in the month of purchase. The remaining 70% is paid for in the month following the purchase. How much cash should Adi expect to pay out for raw material purchases during November?
A. $252,000
B. $896,000
C. $644,000
D. $392,000
Business
1 answer:
Arte-miy333 [17]3 years ago
4 0

Answer:

$ 896,000.00

Explanation:

September $800,000

October $920,000

November $840,000

December $760,000

Payments for November:

30percent purchase for November: = 30/100 x $ 840,000.00

        = $ 252,000.00

70 percent payment for the  previous  month

        =70/100 x $ 920,000.00

        = 644,000.00

Total payments = $ 252,000 + $ 644,000.00

   =$ 896,000.00

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The optimal solution to a linear programming model that has been solved using the graphical approach:______.
wlad13 [49]

Answer:

Option d would be the appropriate choice.

Explanation:

  • At either the vertices including its continuum that ranges exist the optimal solutions towards linear programming challenges. Throughout this instance, the feasible area is just the section between some of the blue as well as red sections of the green map.
  • The green squares that describe the point of convergence between some of the red or green outlines seem to be the optimal solution.

Some other choices don't apply to the specified situation. So, the best one is the one mentioned.

5 0
4 years ago
Pizza Pier retires its 8% bonds for $70,100 before their scheduled maturity. At the time, the bonds have a face value of $72,100
mariarad [96]

Answer: Please refer to Explanation

Explanation:

DR Bonds Payable ............... $ 72,100

DR Premium on Bonds Payable (74,950 - 72,100) ...... $2,850

CR Cash ...................................... $70,100

CR Gain on Discharge of Bonds ($74,950 - $70,100) $4,850

(To record retirement of premium bond before time)

If you need any clarification do comment.

5 0
3 years ago
What are the features of banking and non banking financial institutions​
Dmitry_Shevchenko [17]
Well this may not be me answering it but this guy is a lot of help tho

5 0
3 years ago
Which of the following is a true statement about inventory systems?A)Periodic inventory systems require more detailed inventory
balu736 [363]

Answer:

B)Perpetual inventory systems require more detailed inventory records.

Explanation:

Under the <em><u>Perpetual inventory system</u></em>, every time a good is sold the cost of goods sold (COGS) needs to be determined. That is the reason the details are so important.

Many times it varies because different units in inventory were purchased at different prices and times. <em>Inflation </em>might be a factor the prices changes too.

However, in the <u><em>Periodic inventory system</em></u>, (COGS) is determined at the end of the accounting period, so the person in charge of keeping the records usually checks the <em>Inventory</em> account at the end of the year to know COGS.

7 0
4 years ago
Inventory Write-Down The following information is taken from Aden Company's records: Product Group Units Cost/Unit Market/Unit A
bazaltina [42]

Answer:

$4,213

Explanation:

Product   Group      Units      Cost/Unit        Market/Unit      Total Value

A                  1           600         $1.00              $0.80                $480

B                  1           250         $1.50               $1.55                $375

C                 2           150         $5.00              $5.25                $750

D                 2           100         $6.50              $6.40               $640

E                 3             80       $25.00           $24.60             $1,968

total                                                                                        $4,213

when you are using the lower of cost or net realizable value to determine the value of your inventory, you should calculate the inventory's value using the lowest cost between purchase cost and market value.

4 0
3 years ago
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