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GrogVix [38]
3 years ago
8

Capes Corporation is a wholesaler of industrial goods. Data regarding the store's operations follow:

Business
1 answer:
Galina-37 [17]3 years ago
5 0

Answer:

Explanation:

Schedule of expected cash collection is a form of budgeted that list the time frames and the amount of payment expected from customers for the purpose of efficient planning.

Account receivables

60% * October sales = 67,000

November sales

40% * 320000 (November sales) = $128,000

                                                       $195000

December cash collection

60%*320000 (November sales) = 192000

40%*330000 (December sales)= $132000

                                                     $324,000

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The actual cost of direct materials is​ $13.00 per pound. The standard cost per pound is​ $8.75. During the current​ period, 9,9
dlinn [17]

Answer:

A. ​$55,125 favorable

Explanation:

The direct materials quantity​ variance is given by the difference between actual quantity used in production and the standard quantity valued at the standard cost.

Actual quantity used in production = 9,900 pounds

Standard quantity for actual units produced =​ 16,200 pounds

Standard cost per pound =$8.75.

The direct materials quantity​ variance is:

DMQV = (16,200 - 9,900)*\$8.75\\DMQV=\$55,125

Since the company used a lesser quantity than the expected (standard) quantity, the balance is favorable.

Therefore, the answer is A. ​$55,125 favorable.

4 0
4 years ago
The four components of planned aggregate expenditure are: A. spending on domestic goods, domestic services, foreign goods, and f
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Answer:

D.

Explanation:

Aggregate Planned Expenditure (AE) can be defined as the sum value of all the finished products and services in an economy. This value is calculated by adding all the expenditures that are considered in an economy. These components are household consumption (C), planned investments (I), Government expenditures or purchases (G), and net exports (NX) [net exports is the difference between the total exports and total imports].

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So, the correct answer is option D.

6 0
4 years ago
Ralph was involved in a bar fight and sustained a blow to the back of the head from a beer bottle. he was dazed and could not se
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Occipital lobe

The occipital lobe is one of the four major lobes in the brain's cerebral cortex. It is located at the back of the head (see attached image). The occipital lobe's primary function is processing and making sense of visual information we receive through our eyes. Damage or trauma to the occipital lobe (in John's case when he got hit on the back of his head) can cause temporary or permanent vision impairment, subject to the severity of the trauma. 

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According to Hurka, which action would produce the greatest net gain of intrinsic good in the world?
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4 years ago
The Economic Order Quantity is when: holding costs equal ordering costs total costs are minimized the product cost is not consid
Levart [38]

Answer:  all of the above

Explanation:

At the Economic Order Quantity level, the company is enjoying the lowest cost possible in relation to product ordering and storage because they are ordering just enough quantities that they are able to sell them just in time to order some new goods.

For this to happen, the holding cost must be equal to the ordering costs. At the EOQ, the product cost is irrelevant when the quantity to be bought is to be determined because it is minimized.

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