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ipn [44]
3 years ago
8

Jolly Company produces hula hoops. Jolly Company has the following sales projections for the upcoming​ year: First quarter budge

ted hula hoop sales in units Second quarter budgeted hula hoop sales in units Third quarter budgeted hula hoop sales in units Fourth quarter budgeted hula hoop sales in units Jolly Company wants to have ​% of the next​ quarter's sales in units on hand at the end of each quarter. Inventory at the beginning of the year was hula hoops. How many hula hoops should Jolly Company produce during the first​ quarter?

Business
1 answer:
Stella [2.4K]3 years ago
6 0

Answer:  27,200 units

Explanation:

The ending inventory is calculated as;

Desired Ending Inventory = Beginning Inventory + Inventory produced - Sales in the quarter

(40,000 * 20%) = 3,600 + Inventory produced - 22,800

Inventory produced = 8,000 - 3,600 + 22,800

Inventory Produced = 27,200 units

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Answer:

C) Output fall and prices rise

Explanation:

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However, to produce someting, firms need to employ the factors of production: land, labor and capital. The wages firms pay to workers, and the rent firms pay for land and capital are the production costs. If these costs rise, then, the products will become more expensive.

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3 years ago
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Answer:

A) conversion

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3 years ago
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Learn more about business auto policy here

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