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nalin [4]
3 years ago
12

Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 785,000 candles for January. Wax is required to pr

oduce a candle. Assume 10 ounces of wax is required for each candle. The estimated January 1 wax inventory is 16,000 pounds. The desired January 31 wax inventory is 12,500 pounds. If candle wax costs $1.24 per pound, determine the direct materials purchases budget for January. (One pound
Business
1 answer:
icang [17]3 years ago
8 0

Answer:

$604,035

Explanation:

The computation of the direct materials purchases budget is shown below:-

Total Wax Required                                490,625 Pounds

(785,000 × 10 ÷ 16)

Add: Ending Inventory                              125,00 Pounds

Total Units Available                              503125 Pounds

Less: Beginning Inventory                         16,000 Pounds

Total Pounds to be Purchased                 487,125 Pounds

Unit Price                                              $1.24 per Pounds

Total Direct Materials Purchased              $604,035

(487,125 × $1.24)

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There are three clues labeled "daily double" on the game show Jeopardy. If three equally matched contenders play, what is the pr
yulyashka [42]

Answer:

a)  0.0358

b)  0.0395

c)  0.1506

Explanation:

Number of clues "daily doubles" = 3

Determine the probabilities

<u>a) P(single contestant finds all three ) </u>

assuming event A= a returning champion gets the "daily double" in first trial

P(A) = 1/30 , P(~A) = 29/30              

assuming event B = any player picks up "daily double" after the first move

P(B |~A ) = 1/3

hence : P ( B and ~A ) = 29/30 * 1/3 = 29/90

<em>considering second round </em>

P(player chooses both daily doubles ) = 1/3 * 1/3 = 1/9

∴ P(single contestant finds all three )  = 29/90 * 1/9 = 0.0358

<u>B) P ( returning champion gets all three ) </u>

= (1/30 + 29/90 )* 1/9

= 32 / 810 = 0.0395

<u>c) P ( each player selects only one )</u>

P = 32/405 + 29/405

  = 61 / 405 = 0.1506

7 0
3 years ago
In general, how long does it take to accomplish a long-term goal?
Mkey [24]

Answer:

The answer is D.more than a year

Explanation:

3 0
3 years ago
Michael receives a monthly salary of $2500 plus a commission of 2% of total orders written. If his orders for the month were $34
Bumek [7]

Answer:

$3,180

Explanation:

Monthly salary would be the base salary = $2500

Since he would earn 2% of all orders, calculate the dollar value of the commission when total orders amount to $34000;

Commission = 2% *34000 = $680

His total pay would be calculated by adding the base salary to the commission amount;

Total pay = base salary + commission

Total pay = $2500 + $680

Total pay = $3,180

7 0
3 years ago
Drius Security stock has a yearly dividend of $12.11. If you own 132 shares of Drius Security, how much do you get paid in quart
Alex

Answer:

d. $399.63

Explanation:

Data provided in the given question

Dividend = $12.11

Shares = 132

The calculation of quarterly dividends is shown below:-

Quarterly dividends = Dividend × Shares ÷ Number of quarters in a year

= $12.11 × 132 ÷ 4

= $399.63

Therefore, to compute the quarterly dividends we simply divide shares with number of quarter in a year and multiply with dividend.

4 0
3 years ago
Your coworker Ginny is really concerned about a project that she has just been assigned. She is in charge of analyzing and deter
finlep [7]

If Ginny's boss wants to get the graphical representation of the relationship between the price and quantity of televisions supplied, then he would use th:

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However, if he is interested in the visual representation, then he would have to use the:

  • a. supply schedule

<h3>What is a Supply Curve?</h3>

This refers to the representation of the relationship which exists between the price and supply of a particular good.

With this in mind, we can see that the best way to display the set of data in a graphic format is with the use of the supply curve while the representation of data in a visual format would be the use of a supply schedule.


Read more about supply curve here:

brainly.com/question/26430220

8 0
2 years ago
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