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Jlenok [28]
3 years ago
5

Masterson Company's budgeted production calls for 68,000 units in April and 64,000 units in May of a key raw material that costs

$1.70 per unit. Each month's ending raw materials inventory should equal 25% of the following month's budgeted materials. The April 1 inventory for this material is 17,000 unit. What is the budgeted materials needed in units for April?
Business
1 answer:
Finger [1]3 years ago
7 0

Answer:

The budgeted materials needed in units for April = 67000 litres

Explanation:

The budgeted  production for April = 68000 units

The budgeted  production for may = 64000 units

The cost of raw material per unit = $1.70 per unit

It is given that at the end of each month the inventory should be = 25%

The April 1 inventory = 17000 units

Now calculate the material required for April production:= [ Materials needed + ending inventory requirements - beginning inventory available ]= [ 68000 + (64000 × 25%) – 17000 ] = 67000 Litres

Therefore, the budgeted materials needed in units for April = 67000 litres

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This company purchased a truck at a cost of $12,000. The truck has an estimated residual value of $2,000 and an estimated life o
Hoochie [10]

Answer:

Annual depreaciation 2020= $2,400

Explanation:

Giving the following information:

Purchase price= $12,000

Salvage value= $2,000

Useful life= 5 years

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Annual depreciation= 2*[(book value)/estimated life (years)]

2019:

Annual depreaciation= 2*[(12,000 - 2,000) / 5]

Annual depreaciation= 4,000

2020:

Annual depreaciation= 2*[(10,000 - 4,000) / 5]

Annual depreaciation= $2,400

8 0
2 years ago
Which company attribute increases in value as stakeholders view that company in a positive light?
valentinak56 [21]

The company attribute that increases in value as stakeholders view that company in a positive light is company name or logo.

<h3>What is the The company attribute about?</h3>

Goodwill by a firm is known to be one that needs to be earned or made in a given time period.

Note that  it is one that is seen as the tool for success and profitability. A company's name, as well as their  corporate logo, and their  trademark will help to increase in value as stakeholders view of the  company.

Therefore, The company attribute that increases in value as stakeholders view that company in a positive light is company name or logo.

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4 0
1 year ago
The price level in the country is determined by ______ and _______.
Usimov [2.4K]
The answers are supply and demand.
6 0
3 years ago
39. You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%?
ivann1987 [24]

Answer:

PV= $1,311.17

Explanation:

Giving the following information:

Future Value (FV)= $5,000

Number of periods (n)= 25 years

Interest rate (i)= 5.5% compounded annually

T<u>o calculate the present value (PV), we need to use the following formula:</u>

<u></u>

PV= FV / (1+i)^n

PV= 5,000 / 1.055^25

PV= $1,311.17

6 0
3 years ago
Mr. C made the following gifts: $12,000 to a university to pay tuition costs for his niece. An undeveloped tract of land to his
Nonamiya [84]

Answer:

$10,000

Explanation:

Gifts are only taxed when their fair market value is higher than $15,000. Any gifts made to your spouse are not taxable. Gift taxes are calculated on a  per person base, as long as they do not exceed the lifetime exemption (which is $11.58 million).

The tuition costs of her niece are not taxable since they are less than $12,000. The stocks given to his wife are not taxable either. The only taxable gift is the land given to his sister which had a FMV of $25,000. The taxable amount = $25,000 - $15,000 = $10,000

5 0
3 years ago
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