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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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It is very important that you plan how to properly plan how to effective allocate your resources.

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Adjusting and paying accrued wages L.O. C1, P1 Pablo Management has seven part-time employees, each of whom earns $205 per day.
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1- Wages Expense (Dr.) $1,025

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Variable Increase            ----                   10%                 9.125%      9.125%

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Sales price per unit        $24           $24                    $24             $24

Variable price per unit    $ 14.6       $16.06               $ 16             $ 16

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<u>Operating Profit       21128          15482.8      16060          16960</u>

Dollar Change in

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<u />

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